National Housing Development Corporation (NHDC) is a nonprofit that acquires and preserves affordable housing, but lacked awareness among stakeholders. To address this, NHDC implemented a communications strategy that secured over 85 media stories, increasing coverage by 2,700%. This raised the profile of NHDC and affordable housing issues, and led to NHDC growing its property portfolio to over 4,150 affordable housing units due to increased funding and awareness of their work.
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NHDC: Marketing Case Study
1. National Housing Development Corporation
T he C hallenge
National Housing Development
Corporation, a nonprofit corporation,
T he r esulTs
improves the quality of life for low-income We secured 85 local and national stories,
families by stabilizing and revitalizing including coverage in The Business Press,
neighborhoods via acquisition and CBS Marketwatch, National Mortgage
preservation of our nation's affordable News and Forbes.com—an increase
housing stock. In spite of being one of the of 2,700 percent. NHDC’s portfolio of
nation’s largest nonprofits dedicated to properties grew to over 4,150 rental
the preservation of affordable housing, housing units affordable to low and
awareness of NHDC was low among moderate income families nationwide
key stakeholders. Plus, NHDC’s sudden due to an increase in government funding
emergence, its provocative challenges combined with increased awareness of
to established thought norms, and its NHDC among multi-unit property owners.
rapid success in securing funding and
recognition created some friction among
stakeholders who should have been
among NHDC’s biggest supporters.
T he a pproaCh
The communications strategy for NHDC
was designed to create awareness of
current affordable housing challenges and
the solutions offered by NHDC. In addition
to building the organization’s reputation,
our strategy was to work with the media to
provide third party credibility and influence
key audiences responsible for funding,
financing, regulating, partnering with and
eventually approving new industry models
of acquisition, repositioning, refinancing
and preservation.