Staff Reports | Dwellings & Multifamily
The Arizona Housing Fund has named NexMetro Communities its 2024 partner of the year.
The award recognizes NexMetro’s success in raising awareness about the homelessness epidemic in Arizona and helping to fund additional housing for formerly homeless individuals and families throughout the state, according to a press release.
AZHF Founder and Bank of America Executive Howard Epstein surprised NexMetro CEO Josh Hartmann with the award at NexMetro’s Jan. 29 company meeting, the release states.
“NexMetro has embraced this cause from the start,” Mr. Epstein said in a prepared statement.
“The company has donated more than $50,000 to the Arizona Housing Fund, with every dollar donated to qualified Arizona nonprofits to build and operate more permanent supportive housing for Arizona’s most vulnerable populations, including seniors, veterans, and those suffering from mental illness. But even more importantly, NexMetro is an enthusiastic ambassador showing other multifamily owners, property managers, and real estate companies that if we all get involved and do our part, we can make a significant difference, and fund the housing needed to end homelessness in our state.”
When Epstein and AZHF Advisory Committee member and local developer Tim Sprague forged a partnership with The Arizona Multihousing Association their goal was to encourage AMA members to donate $5 for every lease application received.
“As a founding member of the Arizona Housing Fund, it’s been humbling to see the magnifying impact. The success of this program – and the enthusiasm colleagues and Avilla residents have shown to support the great work of the Fund in reducing the number of people experiencing homelessness – began as a spark and has grown into a flame,” Mr. Hartmann said. “It only takes one individual, one business, one visionary program like the Arizona Housing Fund to create life-changing impacts.
The Arizona Housing Fund has raised over more than $2 million and awarded $1.7 million in grants to 10 Arizona nonprofits for eight unique projects that will provide more permanent, supportive and affordable housing for hundreds of Arizonans in need.
