Washington DC — Member CEOs and CFOs active in the STRENGTH MATTERS® initiative came together with social investors for a dynamic meeting in Washington D.C. on September 21st and 22nd. The meeting was hosted by the Housing Partnership Network, NeighborWorks America® and Stewards of Affordable Housing for the Future (SAHF), co-sponsors of STRENGTH MATTERS®. Participants discussed the challenges and opportunities for securing enterprise-level investment, the possible benefits of a score card approach for distinguishing high performers, and the potential for benchmarking financial performance at the corporate level. The afternoon featured a provocative panel discussion among public and private sector investors moderated by Debra Schwartz of the MacArthur Foundation.
Among the initiatives accomplishments celebrated this past year was the continued development of the benchmarking data warehouse, an innovative data platform that captures real time property and corporate financial data from member organizations. The data warehouse has now grown to 40 participating organizations representing over 100,000 units. It is generating excitement as a significant innovation for our sector. It is a powerful analytic tool for individual organizations that can trend their own performance and benchmark their performance to peer groups. The data warehouse also has potential as a financial performance data set for affordable housing lenders, and as a growing national property data set to support our policy and practice agenda.