2019 ANNUAL REPORT
TWO SIDES OF ONE GREAT STORY
What is the solution for Adanna and Katherine?
HPET
HOUSING PARTNERSHIP EQUITY TRUST 820 FIRST STREET NE, SUITE 760 WASHINGTON, DC 20002 (202) 796-9270 · HPEQUITYTRUST.COM
Financials
PROPERTY CASH DISTRIBUTIONS
2013: $124,038 2014: $575,265 2015: $3,105,233 2016: $4,410,199 2017: $4,548,537 2018: $4,835,212 2019: $5,409,715
CUMULATIVE TOTAL INVESTMENT
2013: $32,450,000 2014: $100,150,000 2015: $208,400,000 2016: $259,050,000 2017: $274,350,000 2018: $298,350,000 2019: $298,350,000
hpequitytrust.com
Our Institutional Investors Charles Schwab Bank CITIBANK Morgan Stanley Bank Prudential The Ford Foundation The MacArthur Foundation
Our Members
Board of Directors
AEON
CPDC
David Adame
AHC INC.
Eden Housing
PRESIDENT & CEO, CHICANOS POR LA CAUSA, INC.
Bridge Housing
NHP Foundation
Board: HPET LLC
Homes for America
Nevada Hand
Scott Anderson
Hispanic Housing Development Corp.
MANAGING DIRECTOR, ASSET MANAGEMENT, SABAN REAL ESTATE LLC
HPN Chicanos Por La Causa, Inc. LINC Housing
NHT Communities POAH
Mercy Housing
Properties In 2019, HPET provided safe, decent, and affordable homes for families in the following cities: Phoenix, AZ
Hagerstown, MD Nottingham, MD
San Leandro, CA
Maplewood, MN
Stockton, CA
Roseville, MN
West Sacramento, CA
Las Vegas, NV
Aurora, IL
Norfolk, VA
Channahon, IL
Virginia Beach, VA
Silver Spring, MD
Luke Apicella DIRECTOR, IMPACT AND RESPONSIBLE INVESTING, PRUDENTIAL FINANCIAL, INC.
PRESIDENT & CEO
Daniel Cunningham CHIEF INVESTMENT OFFICER
Matt Glatting EXECUTIVE VICE PRESIDENT, FINANCE & INVESTOR RELATIONS
Alexandra Salvador TREASURER & CONTROLLER
David Paull SENIOR VICE PRESIDENT OF REAL ESTATE DEVELOPMENT, NEVADA HAND Board: HPET REIT
J. Michael Pitchford PRESIDENT & CEO (RETIRED), COMMUNITY PRESERVATION AND DEVELOPMENT CORPORATION
Board: HPET REIT
Boards: HPET LLC (Chair) and HPET REIT (Chair)
Thomas Bledsoe
Steven Spears
PRESIDENT & CEO, HOUSING PARTNERSHIP NETWORK
SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, MERCY HOUSING, INC.
Board: HPET LLC
Board: HPET LLC
James Brodsky FOUNDING MEMBER & PARTNER, WEINER BRODSKY KIDER PC Board: HPET LLC
Maria Spelleri EXECUTIVE VICE PRESIDENT & GENERAL COUNSEL, CHICANOS POR LA CAUSA, INC.
Rebecca Clark
Board: HPET REIT
PRESIDENT & CEO, LINC HOUSING
Peter Vilim
Boards: HPET LLC and HPET REIT
Collete English Dixon EXECUTIVE DIRECTOR, MARSHALL BENNETT INSTITUTE AND CHAIR OF REAL ESTATE, HELLER COLLEGE OF BUSINESS, ROOSEVELT UNIVERSITY
CO-FOUNDER AND VICE CHAIRMAN, WATERTON Board: HPET REIT
Charles Wehrwein EXECUTIVE VICE PRESIDENT & CHIEF OPERATING OFFICER, HOUSING PARTNERSHIP NETWORK
David Ferrero
Board: HPET REIT
PARTNER, REAL ESTATE AND BUSINESS DEVELOPMENT, MOSAIC BUILDING GROUP
John Welsh
Board: HPET REIT
Anne Segrest McCulloch
PRESIDENT & CEO, BRIDGE HOUSING Board: HPET LLC
Board: HPET REIT
Boards: HPET LLC and HPET REIT
Leadership
Cynthia Parker
VICE PRESIDENT, MULTIFAMILY GROUP, AHC INC. Boards: HPET LLC and HPET REIT
Linda Mandolini PRESIDENT, EDEN HOUSING, INC. Board: HPET REIT (Vice Chair)
Jeffrey Meyers DIRECTOR, GLOBAL SPREAD PRODUCTS, CITIGROUP GLOBAL MARKETS, INC. Board: HPET REIT