1. Housing Partnership Network Peer Exchange…Mission Productivity

2. Mission Statement Increase the performance and social impact of non profit community developers

3. What is HPN? Founded in 1990 84 organizations nationwide 600,000 housing units produced or financed Regional (not local) community development organizations

4. HPN Social Enterprises The Whole is Greater than the Sum of the Parts

5. HPN Enterprises Housing Partnership Insurance $10 million captive insurance company owned by 18 regional nonprofits; 35,000 apartments covered Housing Partnership Securities $100 million 501c3 bond conduit with Freddie Mac

6. Future HPN Enterprises Housing Partnership Mortgage Anti-predatory mortgage services $18 million to 200 new homeowners in ’06 CDFI investment bank Liquidity outlet for large scale CDFIs

7. What’s the Bottom Line? HPN saves us money HPN increases our competitiveness Solves problems too big for a single member