Housing Partnership Network

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Housing Partnership Network

• Peer ExchangeMission Productivity

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Mission Statement

• Increase the performance and social impact of non
  profit community developers

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What is HPN?

• Founded in 1990
• 84 organizations nationwide
• 600,000 housing units produced or financed
• Regional (not local) community development
  organizations

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HPN Social Enterprises

• The Whole is Greater than the Sum of the Parts

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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

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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

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Whats the Bottom Line?

• HPN saves us money
• HPN increases our competitiveness
• Solves problems too big for a single member