The NHP Foundation

Overview

The NHP Foundation is a nonprofit real estate corporation dedicated to preserving and creating affordable housing for low- and moderate-income families and seniors. Founded in 1989 and headquartered in New York City, the organization operates in 16 states and the District of Columbia, managing 63 properties with over 9,600 affordable housing units and serving more than 25,000 residents. Their mission is to provide sustainable, service-enriched multifamily housing that benefits both residents and communities. The foundation employs a multifaceted strategy to achieve its goals, including real estate development, resident services, and public-private partnerships. Their real estate development efforts encompass acquisition, preservation, redevelopment, construction, and asset management. Through their subsidiary, Operation Pathways, they offer resident services such as family-centered coaching and support programs. Additionally, they collaborate with financial institutions, nonprofits, faith-based organizations, and government entities to enhance their impact. Over the years, The NHP Foundation has achieved significant milestones, including the preservation of nearly 19,000 units of affordable housing and the issuance of a $75 million social bond in 2023. They have also co-founded an $80 million Housing Partnership Equity Trust and pioneered innovative projects like Hollander Ridge, a scattered-site, single-family rental housing development. Their commitment to affordable housing advocacy and community development continues to drive their initiatives across the United States.

Investment Focus

• Affordable housing projects
• Low- and moderate-income families and seniors
• Sustainable and service-enriched housing