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Housing Partnership Network

Housing Partnership Network. Alliance of 87 high performing nonprofits 600,000 affordable homes created 2 million low - income families served Foster innovation & entrepreneurship Create & operate social enterprises for wholesale access to capital markets. The Network.

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Housing Partnership Network

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  1. Housing Partnership Network

  2. Alliance of 87 high performing nonprofits 600,000 affordable homes created 2 million low - income families served Foster innovation & entrepreneurship Create & operate social enterprises for wholesale access to capital markets The Network Peer Exchange – Network meeting

  3. The Members • Regional and state-wide focus • Strong private and civic leadership • Achieve scale and local accountability • Combine social mission & business savvy • Dallas City Homes, Tarrant County HP, San Antonio Alternative Housing, San Antonio Housing Trust, CDC Brownsville AHC After School Program - VA

  4. Housing Partnership Fund $30M fund financed 11,000 homes Housing Partnership Ventures $14M equity in four companies Housing Partnership Insurance $3B of property and liability coverage Housing Partnership Securities $100M of tax exempt bonds for 2000 apartments Gulf Coast Housing Partnership $20M company to develop 10,000 homes The Companies Eden Housing – California

  5. Captive insurer owned by 18 nonprofits Property & liability coverage for 37,000 units Pool and underwrite a preferred risk group Improved pricing, terms and stability $1M premium savings & 1.4M profit in 2005 Housing Partnership Insurance CPDC – Washington, DC

  6. Housing Partnership Securities • Funds, pools & securitizes tax exempt bonds • $100M and 2000 apartments financed annually • Better pricing, proceeds and execution • LLC owned by producers, Network & investors • Operating partnerships overseen by Network ACTION Housing - Pittsburgh

  7. Gulf Coast Housing Partnership • New Orleans based nonprofit housing developer • Operates regionally in GO Zone: LA, MS & TX • Modeled after Network’s large scale nonprofits • $20 million of flexible capital at corporate level • Goal: 10,000 homes via partnership strategy

  8. Partners and Awards

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