Download presentation
Presentation is loading. Please wait.
Published byEric Holland Modified over 9 years ago
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 Peer Exchange – Network meeting The Network
3
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
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 Eden Housing – California The Companies
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 CPDC – Washington, DC Housing Partnership Insurance
6
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
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
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.