Vision, Mission, and Principles

Vision and Mission

The Northern New England Housing Investment Fund (NNEHIF) is a private, nonprofit corporation that promotes housing and community development in Maine and New Hampshire. Our work is fueled by the vision that affordable, secure homes are the cornerstone of community life. To achieve this vision, we focus on improving regional prosperity through the long-term success of individual projects. By ensuring top quality development, we achieve stable and sustainable housing solutions for individuals, families, and communities.

  • As a financial intermediary, we are the sole regional nonprofit syndicator of lowincome housing tax credits. We locate tax credit properties, secure financing, work with developers and property managers, and manage the assets to create economic and social returns for investors.
  • As a convener, we bring together banks, government-sponsored enterprises, developers, property managers, state and local government, quasi-governmental agencies, and nonprofit organizations around specific projects and broad policy issues.
  • As a consultant, we help clients navigate financing, development, and management issues by providing high-value strategic and technical assistance in real estate, affordable housing, development, underwriting, and asset management.
  • As an advocate, we collaborate with local, state, and federal policy makers, nonprofit organizations, and community leaders to advance public awareness.

Principles

Our work is guided by the principles of respect, service, value, and partnership (RSVP).

Respect. Each day we work to earn the respect of clients, partners, and staff. We care about what they think, and we encourage their input. Service. We must satisfy the needs of residents, state housing finance authorities, investment partners, developers, property managers, clients, communities, staff, and the Board. Value. We strive for superior value on many levels. For investors, this means the economic and social rewards of community investment. For developers, it means better projects through comprehensive technical assistance. For individuals and families, it means the stability of affordable housing. And for the region, it means stronger, more prosperous communities. Partnership. Our success depends on bringing together diverse constituencies around common goals. As a leader in affordable housing, we seek out and share information and resources to strengthen the affordable housing system as a whole.