housing partnership network

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Housing Partnership Network

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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. - PowerPoint PPT Presentation

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Page 1: Housing Partnership Network

Housing Partnership Network

Page 2: 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

Peer Exchange – Network meeting

The Network

Page 3: Housing Partnership Network

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

The Members

Page 4: Housing Partnership Network

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

Eden Housing – California

The Companies

Page 5: Housing Partnership Network

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

CPDC – Washington, DC

Housing Partnership Insurance

Page 6: Housing Partnership Network

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

Housing Partnership Securities

Page 7: Housing Partnership Network

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

Page 8: Housing Partnership Network

Partners and Awards