National Housing Trust 2025 Annual Report

Two elders of color sharing a joyful embrace.

Executive Summary

In 2025, NHT remained steadfast in our commitment to promoting affordable housing solutions that uplift residents, communities and housing owners.

Building on a 40-year legacy of working at the intersection of policy and practice, NHT advanced its signature priorities: creating affordable housing communities, preserving existing affordable homes and centering residents in housing decisions.

2025 highlights

  • orange line icon of dollar bills

    $11 million

    in local funding secured to sustain our DC Healthy, Green and Affordable Housing work

  • Animation of a building

    1,200 affordable homes

    financed through $35 million in loans

  • orange-line icon of people

    250 families

    benefitting from our largest community solar project to date

  • orange line icon of apartment building

    Over 11,000 services

    delivered through housing stability programs that address everything from food security to digital literacy

  • orange line icon of an excavator

    Nearly 650 affordable homes

    under construction

Read full annual report

Head shot of NHT CEO Priya Jayachandran

“2025 tested our mettle, and across all of our programs we rose to meet the moment.”

– Priya Jayachandran, 
National Housing Trust CEO

How we advanced housing solutions in 2025

With all these services under one roof, we led new ways of providing and stewarding affordable housing and applied the learnings across disciplines. 

  • orange-line icon with one hand placing a coin in another

    Lending

  • orange-line icon of a building with solar panel

    Energy Solutions

  • orange-line icon of a two floor double unit

    Creating & Preserving

  • orange-line icon of people

    Community Outreach & Impact

  • orange-line icon of documents with pen by the side

    Policy Innovation

Building affordable homes

We advanced construction on nearly 650 affordable homes at 3 communities across Virginia and Washington, D.C.

Kindlewood Apartments

aerial view of the Kindlewood development

Kindlewood Apartments Phase 2 (Charlottesville, VA) 

Hazel Hill Apartments

Hazel Hill Apartments (Fredericksburg, VA)

Hazel Hill Apartments (Fredericksburg, VA)

Villages of East River

Villages of East River (Washington, D.C.)

Villages of East River (Washington, D.C.)

Expanding NHT’s impact through lending

In 2025 alone, we deployed nearly $35 million to create or preserve 1,200 homes, ending the year with more funds deployed than any time in our history.

bar chart showing dollar deployed from 2013-2025, gradually increasing from 5M to 35M

Our portfolio

NHT owns and operates 3,500 affordable housing units across 30 communities in 9 states and Washington, D.C

a map of the US with MN, IA, IL, OH, GA, SC, VA, MD, and CT highlighted

Partners & Funders

NHT's Board of Directors and staff extend our heartfelt gratitude to the funders, donors, and community partners whose support makes our mission possible. Your contributions of time, resources, and commitment empower us to ensure everyone—regardless of identity—has access to safe, affordable housing.

With deep appreciation, we acknowledge the following funders and donors:

  • Amazon Housing Equity Fund
  • Bank of America Charitable Foundation, Inc.
  • Building Bridges Across the River
  • Capital Magnet Fund
  • Capital One
  • Carlos Martín *
  • Chrystal Kornegay *
  • Coalition for Nonprofit Housing and Economic Development
  • DC Mayor's Office of Latino Affairs
  • DC Sustainable Energy Utility
  • Enterprise Community Partners
  • Harkins Builders
  • HSBC
  • Invest in Our Future (initiative of RF Catalytic Capital, Inc.)
  • Jane Graf *
  • John Maneval *
  • JPMorgan Chase & Co.
  • Ken Rehfuss
  • Klein Hornig, LLP
  • Kresge
  • Local Initiatives Support Corporation
  • Maryland's Department of Housing and Community Development
  • Maryland Energy Administration
  • Mary Tingerthal *
  • Melville Charitable Trust
  • Metropolitan Washington Council of Governments
  • Morgan Stanley
  • Movement Strategy Center
  • NeighborWorks America
  • Northern Trust
  • Robert Wood Johnson Foundation
  • Sandy Spring Bank
  • Schwab
  • Studio343
  • TD Bank
  • The Harry and Jeanette Weinberg Foundation
  • Thomas Dohrmann *
  • Trinity Health Corporation
  • Opportunity Finance Network
  • United Way of Central Maryland
  • U.S. Bank
  • U.S. Energy Foundation
  • U.S. Treasury CDFI Fund
  • Wells Fargo

  • Yusef Freeman *

    *NHT Board Member