MISSION STATEMENT - NATIONAL FOUNDATION AFFORDABLE HOUSING

National Foundation for Affordable Housing Solutions, Inc. (“the Foundation”) is a 501(c)(3) nonprofit organization committed to being a part of the solution to America’s affordable housing crisis. The Foundation is dedicated to preserving the nation’s existing assisted rental housing stock and is committed to providing our underserved low-income population with better access to decent, safe and well-managed affordable housing and community programs and services.

The Foundation operates exclusively for charitable and educational purposes, to lessen the burdens of government by combatting community deterioration and stabilizing neighborhood tensions, and to promote social welfare by relieving the poor and underprivileged. The Foundation works towards solutions to provide for the acquisition, rehabilitation, development, ownership and operation of affordable housing for low and moderate income persons.

To accomplish our mission, the Foundation utilizes its background and knowledge of housing finance to structure strategic and creative transactions to stabilize and foster Affordable housing. We provide technical assistance to nonprofit organizations, community development corporations, governmental agencies and others with respect to the acquisition, development, management and/or financing of decent, affordable housing for low and moderate income persons.

The Foundation utilizes relationships with for profit and not for profit local and regional development partners to meet the financial challenges facing general and limited partners in the multifamily industry. We also assist nonprofit organizations, community development corporations and/or individuals in securing grants, low interest loans and equity investments to develop, own and/or operate low income housing. We also provide technical assistance to nonprofit organizations, community groups and others to assist them in finding competent managers to stabilize and make habitable, existing low income housing stock.