Please take a few minutes to review and update your member profile. The data that you entered last year is displayed below for your convenience, so please review the form carefully and update/add information as needed. Include information from subsidiaries and affiliates in all of your answers. Please note that this form is dynamic, so some questions only appear if you indicate that you have a particular business line (e.g., lending). Help text and definitions will appear if you click on the question mark icons.
Please answer 'yes' to the following question if your organization makes use of Mission Related Investments (MRIs), Program Related Investments (PRIs), Equity Equivalents (EQ2s), or engages in any other type of equity capital raising.
Soft Markets: Please check this box if you are working in soft markets. HPN wants to identify which members are interested in this work for internal purposes. A soft market is defined as a market which has more sellers than buyers and low prices result from this excess of supply over demand and/or other indicators of distress, including high rates of underwater homeowners.
Opportunity Areas: We are currently using a loose definition of "opportunity area" in order to identify those members who aim to do this work (for internal purposes). Opportunity areas should be areas with a low concentration of poverty and with easy access to quality services and amenities, such as schools, hospitals/health centers, jobs, grocery stores, green space, etc.
The number of owner-occupied, single-family homes that your organization has repaired from inception through the end of the last calendar year (repair valued at over $2500 per home). Do not include units that your organization owns or repaired in order to sell. If you do not have access to data since inception, count from as far back as you are able.
Transitional-Aged Youth (unaccompanied): Housing designed for youth in their late teens or early 20s who are not living with a parent/guardian. Includes housing for youth aging out of foster care and housing for formerly homeless (unaccompanied) youth.
Homeless/Formerly Homeless (NOT supportive housing): Select this housing type if you provide rental housing to homeless/formerly homeless populations where supportive services are NOT provided (by you or a third-party).
Asset Management is defined as a systematic process of deploying, operating, maintaining, upgrading, and disposing of assets cost-effectively. For housing owners, this means the long-term planning and management of buildings that you own, with duties such as developing strategic plans & property goals; cash & reserves management; communicating with investors; annual compliance inspections; and compliance/financial reporting.
This is contrasted with Property Management, which is day-to-day management of buildings, with duties such as on-site management of day-to-day operations; rent collection; maintenance; record keeping; tenant certification; and tenant file compliance.
Areas of overlap between Asset and Property Management include duties such as: annual budgets; capital planning; workouts; and crisis management.
Please answer the following resident outcomes questions, if known or applicable. Only answer these questions if your organization currently owns or manages rental housing. If your organization does not currently track this information, please enter “N/A.” The data that your organization reported last year is included below for your convenience. Please review carefully and update where needed.
The following question is meant to capture licensed health services; therefore, only select these options if your organization (or appropriate third-party) is licensed to offer assisted living services, etc.
*The total monetary value (in US dollars) of assets under management, as of the end of the last calendar year, e.g., $100,000,000. “Assets under management” can include, but is not limited to, the following categories: current outstanding portfolio (commercial lending and consumer mortgages); commitments (assets you can draw upon for lending or investing); servicing portfolio; and/or equity funds (NMTC and LIHTC).
Please answer the following production questions on enterprises that your organization has financed, if known or applicable.