The Housing Partnership is a non-profit organization dedicated to developing affordable housing opportunities for residents of all income levels. This organization is part of NeighborWorks(r) America and provides low-income families and individuals with homebuyers education and financial counseling.
One of the best ways to create affordable housing is through innovative partnerships and public-private partnerships. The Housing Partnership has leveraged $6 billion in private financing for affordable housing. They have also built more than 60,000 units of housing and have a proven track record for creating affordable housing opportunities. Their management style focuses on quality rather than quantity.
In addition to offering affordable housing, the Housing Partnership is also a community partner and helps to revitalize neighborhoods that have been impacted by economic challenges. It also works to provide programs to encourage family stability and improve the quality of life for its residents. Through its efforts, the partnership has helped low-income citizens purchase their first home and immigrant families learn more about living in the United States.
The Housing Partnership is an excellent example of a collaboration of nonprofits working in tandem to create affordable housing opportunities. HPI, a member of the Housing Partnership Network, is a nonprofit that has been helping to serve over 12,000 low-income households through its various partnerships and programs.
Another example of a Housing Partnership is the Texas State Affordable Housing Corporation. This is a state funded entity that helps to ensure that affordable housing is available in Texas. As such, the organization maintains the most comprehensive database of all HUD subsidized properties in the state.
A Housing Partnership has many functions, including the administration of inclusionary housing in New York City, marketing affordable units in compliance with eligibility requirements, and conducting annual compliance reporting. The organization has also expanded its work into upstate New York. Although the company is not for profit, it does offer flexible employment opportunities.
Notable programs developed by the Housing Partnership include the HPI Homebuyers Education and Financial Counseling Program and the HPI Single-Family Housing Production program. The HPI homebuyers program helps residents budget their homes and assists in the purchase of their new home. Also, the housing organization manages more than 2,800 affordable homes in Montgomery County.
Another example of the Housing Partnership’s most notable accomplishment is the creation of a property and casualty insurance company that insures over 57,000 affordable rental housing units. These properties are owned by members of the Housing Partnership and its insurance company is responsible for controlling costs for those entities.
The most important thing to know about the Housing Partnership is that its most impressive efforts aren’t limited to one city. Members of the organization operate in every state in the country. By marshaling resources and launching innovative solutions, the organization has improved the lives of millions of people.
From its philanthropic endeavors to its efforts to develop affordable housing, the Housing Partnership has shown that innovation is the name of the game. With a MacArthur Foundation award of $1.5 million, the organization will use its money to create a new research and development fund. This will allow it to grow its staff and relocate its offices while lowering the cost of launching its next innovative ventures.https://www.youtube.com/embed/giqQsBWAqSc