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FAIRVIEW HOUSING PARTNERS LTD

NEW YORK, NY · EIN 882491672 · Form 990 · FY2024 · NTEE L20 · Housing & Shelter · Medium ($1M-$10M) · fairviewhousingpartners.org
revenue
$5.7M
expenses
$8.5M
net assets
$2.7M
employees
0
program ratio
95%
mission · from form 990

FAIRVIEW HOUSING PARTNERS IS DEDICATED TO EXPANDING ACCESS TO QUALITY, AFFORDABLE HOMES IN COMMUNITIES WHERE THEY ARE MOST NEEDED. OUR ACQUISITION AND DEVELOPMENT WORK INCLUDES:OWNING AND DEVELOPING AFFORDABLE HOUSING PROPERTIES THROUGH JOINT VENTURES WITH INDUSTRY PARTNERSPRESERVING AFFORDABILITY RESTRICTIONS ON EXISTING APARTMENTS, PARTICULARLY THOSE THAT ARE AT RISK OF CONVERTING TO MARKET-RATEEXPANDING AFFORDABILITY RESTRICTIONS TO PREVIOUSLY UNRESTRICTED CONVENTIONAL "NATURALLY OCCURRING AFFORDABLE HOUSING"FACILITATING CAPITAL INVESTMENTS THAT IMPROVE THE PHYSICAL CONDITION, SUSTAINABILITY AND RESILIENCY OF AFFORDABLE HOMES

profile · synthesized from sources

Fairview Housing Partners is a nonprofit organization focused on expanding access to quality, affordable housing through acquisition, development, and preservation of affordable properties. The organization works with partners to finance and develop housing, particularly for seniors and low-income communities, using tools like Low-Income Housing Tax Credits and innovative financing structures. It also supports residents through financial inclusion initiatives, education scholarships, and community programming.

named programs · 4 · from sources

What they call their work

Bank On Partnership
Partnership with local Bank On coalitions to connect residents to low-cost bank accounts and financial education
Fairview Scholarship Program
Annual scholarship program supporting resident students in pursuing vocational, technical, or college education
Family Resource Day
Community event providing school supplies, social services, and resource connections for residents at Bluffs at Evergreen in Everett, WA
Willis Senior Lofts
60-unit affordable housing development for adults aged 55+ in Rochelle, Illinois, featuring energy-efficient design and community amenities
activities · 6 groups

What they do

  • Housing Policy Advocacy & Tenant Organizing 2 activities
    • Advocates for policies that ensure long-term affordability and resident support
      Engages in research and advocacy at national, state, and local levels to advance policies that preserve affordable housing and strengthen resident services.
    • Conducts research to inform affordable housing policy
      Authors and publishes policy papers and white papers on key challenges in affordable housing, including frameworks for evaluating policy interventions, insurance inflation, and state/local strategies to reduce rising insurance costs.
  • Affordable Housing Development and Management 1 activity
    • Develops and preserves affordable housing through joint ventures and capital investments
      Owns and develops affordable housing properties through partnerships, preserves affordability in at-risk apartments, and expands affordability to previously unrestricted naturally occurring affordable housing. Facilitates capital improvements to enhance the physical condition, sustainability, and resilience of affordable homes.
  • Capital Infrastructure Funding 1 activity
    • Funds affordable housing development projects
      Facilitates soft funding for affordable housing developments, such as securing nearly $6 million from the Illinois Housing Development Authority for the Willis Senior Lofts project.
  • Community Event-Based Giving Programs 1 activity
    • Hosts community resource events for residents
      Organizes on-site events such as Family Resource Day to provide school supplies and other support services to school-aged children and families in affordable housing communities.
  • Financial Coaching and Credit Counseling 1 activity
    • Provides resident services and financial empowerment programs
      Offers on-site financial planning classes, supports access to low-cost bank accounts through Bank On partnerships, and covers up to $25 in account opening fees for residents. Also provides broader resident services aimed at supporting fulfilling lives beyond housing.
  • Local High School Scholarship Programs 1 activity
    • Supports resident education through scholarship programs
      Administers an annual scholarship program for residents pursuing higher education or technical training, awarding scholarships to students from multiple affordable housing communities.
financials · form 990 · fy2024
revenue
Total revenue$5.66M
Contributions & grants$5.33M94%
Program service revenue$296K5%
Investment income$36K1%
Other revenue$0
expenses
Total expenses$8.54M
Program expenses95%
Admin / overhead5%
Fundraising0%
Salaries & benefits$0
Grants paid out$7.62M
Largest expense lineProfessional Fees
balance sheet
Total assets$3.82M
Cash$1.62M
Investments$0
Liabilities$1.10M
Net assets$2.71M
Liquid reserves2.3 mo
2 years on record · 2023–2024 · YoY revenue -11.5%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • DAVID BOCCIO — DIRECTOR
  • JEREMY BRONFMAN — DIRECTOR
  • SAM SIDHU — DIRECTOR
relationships · 21

Who they work with

  • Bank On Partner — Collaborates to connect residents to low-cost bank accounts and financial education.
  • Casino Road Kids Ministries Partner — Partner organization that participated in the Family Resource Day to connect with residents.
  • Chase Partner — Partnered to provide construction financing for the Willis Senior Lofts project.
  • Cities for Financial Empowerment Fund Government — Leads the national Bank On movement, which Fairview Housing Partners collaborates with to expand access to certified bank accounts.
  • Connect Casino Road Partner — Partner organization that participated in the Family Resource Day to connect with residents.
  • Everett Community College Partner — Partner organization that participated in the Family Resource Day to connect with residents.
  • Everett Police Department Partner — Partner organization that participated in the Family Resource Day to connect with residents.
  • Evergreen Goodwill Partner — Partner organization that participated in the Family Resource Day to connect with residents.
  • Guardian Patrol Partner — Partner organization that participated in the Family Resource Day to connect with residents.
  • Illinois Housing Development Authority Government — Received soft funding from IHDA through its CAHG program for the Willis Senior Lofts project.
  • Industry Partners Partner — Collaborates with industry partners through joint ventures to develop affordable housing properties.
  • Lincoln Avenue Communities Partner — Partnered to develop and open Willis Senior Lofts in Rochelle, Illinois.
  • Lincoln Avenue Communities Partner — Provides support enabling Fairview Housing Partners to cover up to $25 in bank account opening fees for residents.
  • One Big Beautiful Bill Act Government — Federal legislation referenced in advocacy work to reduce bond financing requirements for affordable housing.
  • Pim Savvy Partner — Partner organization that participated in the Family Resource Day to connect with residents.
  • Snohomish County Legal Services Partner — Partner organization that participated in the Family Resource Day to connect with residents.
  • Spectrum Wi-Fi Partner — Partner organization that participated in the Family Resource Day to connect with residents.
  • State Credit Partner — Collaborates with State Credit to provide financing for affordable housing developments.
  • United Way Suncoast Partner — Partner in promoting financial security and safe banking access for residents.
  • development partner Partner — Provided funding for the Fairview Scholarship Program.
  • strategic partnerships Partner — Collaborates with strategic partners through joint ventures and shared initiatives to expand affordable housing development.
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Education Access as a Barrier Reduction Strategy
    methodology: financial-barrier-reduction
    By providing scholarships to resident students—especially first-generation and overburdened learners—the organization reduces financial barriers to education because targeted educational support increases upward mobility and long-term self-sufficiency among low-income families.
  • Integrated Affordable Housing Development
    methodology: integrated_affordable_housing_development
    By combining financial innovation, technical assistance, and strategic partnerships, the organization develops and preserves affordable housing because this multi-pronged approach strengthens community capacity and ensures long-term affordability and accessibility.
  • Integrated Financial Stability and Resource Access
    methodology: integrated_financial_stability
    By embedding access to safe and affordable banking services and connecting residents to social services on-site, the organization improves housing stability and well-being because reducing financial exclusion and increasing service engagement addresses root causes of economic insecurity.
  • Policy and Regulatory Reform for Housing Efficiency
    methodology: policy_reform_for_financing_efficiency
    By advocating for streamlined regulations and more efficient financing policies such as reduced bond requirements in LIHTC programs, the organization accelerates affordable housing development because policy-level changes reduce systemic barriers and increase scalability.
  • Sustainable and Energy-Efficient Housing Design
    methodology: sustainable_affordable_housing
    By designing affordable housing to meet high environmental standards like Enterprise Green and Net-Zero certifications, the organization ensures lower utility costs and long-term resident affordability because energy efficiency directly reduces financial and environmental burdens on low-income households.