Housing Partnership Fund, The

160 State Street 5th Floor
Boston MA, 02109


The Housing Partnership Fund (HPF) is a CDFI that was created by the Housing Partnership Network (HPN). HPN is currently comprised of 76 housing partnerships operating in 33 states. HPN members are high-volume nonprofit housing lenders and producers that work in low-income disadvantaged areas. HPF was created to enable members to acquire, preserve or produce affordable housing by channeling needed capital.

CDFI Awards for Housing Partnership Fund, The


FA (2003) - $635,000

The Fund"s $635,000 award will permit HPF to offer loans for homeownership predevelopment, acquisition and site development by its members. HPF anticipates that it will finance 26 homeownership projects through these new products over the next three years, producing 1040 new homeownership houses and 260 fully rehabilitated existing houses sold to first-time homebuyers. Approximately 93% of this award will be targeted to Hot Zones.



CORE (2002) - $1,000,000

HPF provides four different loan products, two predevelopment and two acquisition loan products, and project related technical assistance that is targeted at housing developments affordable to low- and very-low income families. The $1,000,000 loan will allow HPF to provide more of these loans.



SECA (1999) - $75,000

The technical assistance award will be used for the development of loan policies underwriting criteria loan product design and strategic planning.



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