2018 Community Impact Report
For Community Housing Partners (CHP), 2018 brought a continued focus on what we do best – creating and preserving healthy homes and communities for individuals and families across our six-state footprint. In addition to the impact we made within the communities we serve, 2018 stands out because it marked the completion of the first year of CHP’s 2018-2020 Strategic Plan. Developed in late 2017, CHP’s Strategic Plan lays out a three-year road map focused on four core organizational goals that have, and will always be, most important to us: our customers, our employees, our planet, and our desire to expand our impact. In order to focus on what matters most to CHP and our communities, we set only four key goals:
- Optimize positive health and quality of life outcomes for our customers by providing healthy homes and quality of life enhancing services to our customers.
- Be an employer of choice by investing in the success and professional development of every employee.
- Adopt operational practices that reduce our environmental impact by reducing energy and water use in our offices and the homes we build, renovate, and own.
- Balance profitability and asset quality to advance CHP's mission by generating net income to invest in sustainable growth and expanded impact.
As CEO, President, and Board Chair, we used 2018 as an opportunity to refocus our efforts on these fundamental goals for our organization. We now invite you to explore the visuals and stories within our 2018 Impact Report to learn more about the work we did to achieve our goals. You’ll see and read impact stories as told through our customers and staff. We are honored to have played a role in the lives of these individuals, and we thank you for your ongoing support.
Strategic Goal 4: Financial Strength
As CHP’s total number of units has increased, so has the number of properties and the value of its assets. Over the past decade, CHP has seen steady growth in both, with annual growth rates of 6.7% for properties and 8.3% for the value of its assets.
CHP in Action
Powered by Innovation
Located in Henrico County just east of Richmond, The Apartments at Kingsridge was CHP’s signature real estate development in 2018. It is an example of the nonprofit’s commitment to innovation:
- CHP utilized innovative construction techniques to ensure residents live in a sustainable community. In addition to pursuing EarthCraft certification, CHP pioneered an HVAC system that filters the air to near-hospital levels using ducted mini-split Energy Recovery Ventilators.
- The Apartments at Kingsridge was the first development to enter into an agreement with the Richmond Redevelopment and Housing Authority to accept project-based vouchers from the Creighton Court community in Richmond’s East End.
2018 Board of Directors
CHP is deeply grateful for the time, services, and resources offered by our supporters. In 2018, CHP had 1,431 volunteers, as well as in-kind and cash donations totaling $1,503,066 from individuals and business partners. Thank you to our supporters, partners, and staff for helping us achieve our mission.