Award-Winning Business Collaborative Earns Second Highest Rating for CDFIs
Boston – February 9, 2016 – (RealEstateRama) — Housing Partnership Network, a national business collaborative of leading affordable housing and community development nonprofits, and a long-standing community development financial institution (CDFI), has received a rating of AAA +2 from Aeris, the information service for community investors. Aeris provides comprehensive, third-party assessments of financial strength, performance and impact of CDFIs. HPN’s AAA +2 rating is the second highest rating available from Aeris, with the “+” designation recognizing HPN’s leading work in the area of policy. In addition, HPN has maintained this high rating since it was first rated by the service in 2005.
Receiving an Aeris rating supports the growth and innovation of HPN’s CDFI, and helps HPN advance its mission of building affordable homes, better futures and vibrant communities for low- and moderate-income people. Investors who subscribe to the Aeris service can access the financial information they need to evaluate potential investment opportunities with HPN’s CDFI. Member borrowers and others who subscribe can review ratings to better understand the strengths of HPN’s CDFI.
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