Breakfast, Networking, and Panel Discussion hosted by:

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Tuesday, May 22 8:30 a.m. - 10:30 a.m. at The Federal Reserve Bank of San Francisco

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Housing Partnership Network (HPN) and the Federal Reserve Bank of San Francisco invite you to a senior leadership convening to discuss a new approach for impact investing in affordable housing development and preservation.

The shortage of affordable housing in the U.S. has reached critical levels, with more than one-third of all households spending more than 30% of their incomes on housing. In many urban markets, including San Francisco, the crisis has gotten so extreme that middle income families are being priced out of homeownership and rental housing. Today, millions of Americans live in a state of instability. 

To help address the critical capital need faced by affordable housing developers, HPN and 25 of its nonprofit affordable housing developer members are designing a new approach to scale the provision of patient, enterprise-level capital to high-performing members that share a mission to develop and preserve long-term affordable housing and other community assets in order to revitalize neighborhoods across the U.S. 

Impact capital provided directly to the nonprofit enterprise – rather than project level financing – has a catalytic effect that enables top rated nonprofits to operate in a more entrepreneurial fashion to better address the diverse and deep housing needs facing Bay Area communities and others around the nation. 

Speakers and panelists include:

  • Tom Bledsoe, Housing Partnership Network
  • Allison Clark, MacArthur Foundation
  • David Erickson, Federal Reserve Bank of San Francisco
  • Ian Galloway, Federal Reserve Bank of San Francisco
  • Robin Hughes, Abode Communities
  • Kathy Laborde, Gulf Coast Housing Partnership
  • Carolina Reid, UC Berkeley’s Terner Center for Housing Innovation
  • Mary Vasys, Vasys Consulting 

Event overview:

8:30 am

Arrival and buffet breakfast

9:00 am

Welcome and opening remarks

9:10 am

Introduction: A new approach to scaling high impact community organizations

9:20 am

Keynote: Key drivers of housing challenges in the Bay Area

9:35 am

Panel Discussion and Q&A: Topics to include financing mechanisms for nonprofit developers and scaling organizational capacity and impact through enterprise-level capital

10:30 am

Closing remarks


 Please join us afterwards for informal networking

Tom Bledsoe, Housing Partnership Network
President and CEO

Under Tom’s leadership, HPN has become the leading voice for high-capacity nonprofits in the affordable housing industry; has launched innovative, high-impact business enterprises; and has been repeatedly recognized by Fast Company magazine as one of the leading social capitalists in the country. 

Allison Clark, MacArthur Foundation
Associate Director, Impact Investments

Allison oversees investments made through Window of Opportunity, the Foundation’s $150-million affordable rental housing preservation initiative. Her responsibilities include overall portfolio management for the Impact Investing program. Allison has worked in affordable housing, economic development and commercial real estate for over 20 years. 

David Erickson PhD, Federal Reserve Bank of San Francisco
Director, Community Development

David leads the Community Development team toward its mission to advance economic opportunity for lower-income Americans. He launched and now advises the Federal Reserve journal Community Development Investment Review and he previously fostered initiatives exploring innovative community development financing models. 

Ian Galloway, Federal Reserve Bank of San Francisco
Director, Center for Community Development Investments

Ian researches and presents on a variety of community development topics including crowdfunding, investment tax credits, the social determinants of health, impact investing, and Pay for Success (social impact bonds). He recently co-edited the book What Matters: Investing in Results to Build Strong, Vibrant Communities.  

Robin Hughes, Abode Communities
President and CEO

Robin built Abode into one of the top 50 developers of affordable housing nationwide. She guided the nonprofit through the development of 25 properties, creating more than 1,400 affordable homes, providing a social safety net through a substantive Resident Services Program, leading the industry in innovation and sustainable building practices. 

Kathy Laborde, Gulf Coast Housing Partnership

Kathy has developed more than three thousand affordable and market-rate homes and commercial and community facilities both directly and in partnership with local non-profits, city and state government, and the private sector. Prior to joining GCHP, she operated Kaliope, LLC, a real estate development and consulting company which she established. 

Carolina Reid PhD, UC Berkeley's Terner Center for Housing Innovation
Assistant Professor, City and Regional Planning at the UC Berkeley and Faculty Research Advisor, Terner Center for Housing Innovation

Carolina specializes in housing and community development, with a specific focus on place-based anti-poverty strategies, including policy efforts to expand access to affordable housing and homeownership for low-income and minority households. At the Terner Center, Carolina is focused on identifying policies that can help to expand the supply of affordable housing in California, and assessing the effectiveness of programs designed to address the challenges associated with severely distressed public housing.

Mary Vasys, Vasys Consulting Ltd.
Founder and President

Mary provides innovative program design and implementation, organizational assessment, and financial consulting services to foundations, institutional investors, and nonprofit organizations. Her recent projects include the design and launch of a $100 million place-based impact investment fund in Chicago and the underwriting of community development financial institutions for national foundations. She is a ratings analyst for AERIS, Inc. 


The Federal Reserve Bank of San Francisco (SF Fed) promotes low inflation, full employment and financial stability and serves the Twelfth Federal Reserve District. The SF Fed’s community development team works with a wide range of organizations to create economic opportunity for lower income Americans by developing and connecting best practices and emerging ideas with organizations positioned to make meaningful change in communities.

Housing Partnership Network (HPN)is an award-winning business collaborative of 100 of the nation’s leading affordable housing and community development nonprofits, and a top-rated CDFI. Creating private sector partnerships and enterprises that achieve ambitious social missions, HPN and its member organizations work together to scale innovation and impact, helping millions of people gain access to affordable homes and thriving communities that offer economic opportunity and an enhanced quality of life.

Questions? Contact Samantha Brown