What is The NHP Foundation?
Headquartered in New York City, with additional offices in Washington, DC, and Chicago, IL, The NHP Foundation (NHPF) is a publicly supported 501(c)(3) not-for-profit real estate corporation founded on January 30, 1989. NHPF is committed to preserving and developing sustainable, service-enriched multifamily housing and single-family homes that remain affordable for low and moderate-income families and seniors, while simultaneously benefiting their communities. The foundation's in-house Construction Management Group offers expertise in infrastructure review, development, and cost management. Furthermore, through its subsidiary Operation Pathways, NHPF provides Family-Centered Coaching to assist families facing poverty and hardship. NHPF has a substantial portfolio, comprising 56 properties with nearly 10,000 units across 16 states and the District of Columbia, achieved through strategic partnerships with financial institutions, the public sector, faith-based initiatives, and other non-profit organizations.
How much funding has The NHP Foundation raised?
The NHP Foundation has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in The NHP Foundation
PPP
Public-Private Partnership
What's next for The NHP Foundation?
The recent strategic investment of $350K positions The NHP Foundation for accelerated expansion and enhanced service delivery. As a large-scale, late-stage funding event, this capital infusion is expected to bolster NHPF's capacity to acquire, develop, and preserve more affordable housing units. The focus will likely be on scaling its successful models of sustainable housing and community-enriching services, potentially expanding its geographic reach and deepening its impact through Operation Pathways' family support programs. This backing will enable NHPF to further solidify its role as a key player in addressing the critical need for affordable housing solutions nationwide.
See full The NHP Foundation company page
