Investment in affordable housing might be the single most holistic way to make a social impact in America. Because housing sits at the intersection of every aspect of society where equity lags, affecting economic opportunity and human potential. When you invest in affordable housing, you’re investing in the lives of everyday people, the people who make the wheels of this country turn.
The supply of affordable places to live for working families continues to shrink. 11 million Americans spend more than half their paycheck on rent.
We keep our properties affordable, and also improve them and make them healthier and more sustainable.
HPET thinks "green" when acquiring, renovating, and maintaining properties. We're dedicated to improving both our footprint on the planet and the lives of our residents.
Our residents are at the heart of who we are at HPET— we aim to create positive impacts on both their lives and the communities at large. After all, home is more than just where you live.
We work collaboratively with our nonprofit partners to acquire and preserve affordable rental housing to create a positive impact on the lives of our residents and our communities. We buy properties in changing neighborhoods and we do more than keep them affordable; we improve them and make them healthier and more sustainable. We look to invest where residents can find jobs, childcare, transportation, schools, medical facilities, healthy food resources, and other important features of vital communities. The things everyone needs to make a living, make their day-to-day life more manageable, and raise their children in a safe, nurturing environment. Without them, low-income and disadvantaged households face negative effects on their physical and emotional well-being, long-term opportunities, and even life expectancy.
Through this mission, grounded in our values and hard-wired into our organizational documents, we are able to provide investors with a triple bottom line return that is economic, social, and environmental. And—most crucially, we are able to deliver significant, long-lasting social impact returns to the people who need it most.
