nphp

NPHP, based in Deerfield, Illinois, develops and preserves low-income housing for seniors and families with limited economic means. The company acquires, rehabilitates, and improves older subsidized residential projects to create sustainable, long-term environments for low-income residents. To date, NPHP has preserved approximately 4,000 low-income units across its portfolio. Each property is subsidized through long-term Housing Assistance Payment contracts, with tenants contributing rent based on their individual income while the remainder is covered by federal subsidies. All units receive comprehensive upgrades and rehabilitation designed to extend the life of improvements for at least 20 years, and properties maintain extensive operating and repair reserves to ensure long-term sustainability and affordability.