Portfolio Partner Profile
Housing Partnership Network
Housing Partnership Network is an award-winning business collaborative of the nation’s leading housing and community development nonprofits, with a mission to build affordable homes, better futures, and vibrant communities for low- and moderate-income people. HPN brings together a national network of high-capacity owners, managers and operators that have collectively developed, rehabilitated or preserved nearly 350,000 affordable homes. To increase the scale and impact of its mission work, HPN and members collaborate to develop and launch innovative social enterprises.
HPN also works with its nonprofit members to form programs that benefit the communities they serve; these include an online homebuyer education tool that is expanding access to knowledge about the process of buying and owning a home; a charter school financing partnership that fosters strong, resilient schools in disadvantaged communities; and an innovative real estate development partnership that is revitalizing neighborhoods in post-Katrina New Orleans.
Since HPN’s launch in 1992, it has provided over $100 million of community investment. These funds have been used to develop or preserve nearly 374,000 affordable homes that provide more than 600,000 low-income people with quality housing and to counsel 750,000 families about sustainable homeownership. In addition, HPN has financed 538,000 single- and multi-family homes, 728,000 charter school and daycare seats, and numerous community health centers serving 2.3 million people annually. Overall, HPN’s work has benefitted almost 10 million people through housing, community facilities, and services in all 50 states.
Featured Impact Story
Housing US veterans
In its mission to end veteran homelessness, the U.S. Department of Veterans Affairs (VA) has found a vital ally in the Housing Partnership Network. In 2010, VA started a five-year initiative to address the staggering numbers of those formerly in the armed forces left without a roof. The government organization approached the Housing Partnership Network to see if its members could help find affordable residences for unhoused veterans. Several HPN members took a pledge to provide housing for homeless veterans and are well under way in their efforts to curb the epidemic.
One such HPN member is REACH Community Development Inc., an affordable housing provider based in the Portland, Oregon metropolitan area. REACH CEO Dan Valliere said the group is in discussions with the local housing authority to prioritize new openings to veterans with HUD-VASH supportive housing vouchers. His goal is to make more units available to former servicemen and women in the expensive Portland rental market. "We're trying to see how we can be part of the solution," he said. REACH owns and operates Gray's Landing, a streetcar-accessible building in downtown Portland where about 20 percent of the units--42 apartments--are set aside for formerly homeless Veterans referred by VA. There, a VA case manager is on site for 20 hours each week to assist Veterans with financial or life challenges and to help them stay connected to the community.
Ohio Capital Corporation for Housing
Ohio Capital Corporation for Housing, a member of the Housing Partnership Network, recently celebrated the grand opening of Helton Point Apartments in Williamstown, KY. The apartment complex includes six two-bedroom apartments and 17 three-bedroom apartments with air conditioning, stainless steel appliances, and laundry machine hookups. These apartments are intended to provide a home for low-income families in the area in search of more affordable accommodations. Williamstown is a small town with a population of about 4,000. Almost 16% of the population lives below the poverty line, and children and seniors are particularly at risk. Affordable housing allows residents to maintain independent lifestyles without compromising their financial stability. Thanks to Ohio Capital Corporation and the Housing Partnership Network, dozens of families will be able to have a stable, secure and affordable place to call home.
Homeownership can help reshape your life
The Housing Partnership Network (HPN) is a community of 100 nonprofit housing developers, owners and financial institutions across the U.S. Together, the network leverages talent, market power and business innovation to help millions of people gain access to affordable homes in communities that offer economic opportunities. For Rockea in Indianapolis, she came to the Indianapolis Neighborhood Housing Partnership to help understand all her options before buying a house. She chose to buy a house in an area of town that was undergoing transformational redevelopment and she has been able to sustain her livelihood while paying her mortgage. Her mother, father, aunt, grandmother and grandfather have all become homeowners in the past 14 years too. In line with NHP’s mission, homeownership helped reshape her life.