Management Innovation: Financial
Recognizes outstanding innovation in financial management to strengthen agency operations and achieve strategic objectives.
Judging Criteria
Management Innovation entries will be judged on the degree to which they:
- Are innovative
- Are replicable
- Respond to a management challenge or opportunity
- Achieve measurable improvements in agency operations
- Provide benefits that outweigh costs
- Demonstrate effective use of resources
- Achieve strategic objectives
If you have questions, please email awards@ncsha.org or call 202-624-7710.
2023 Winner
California Housing Finance Agency
2023 Entries
California Housing Finance Agency:
System Overhaul: Financial Decision-Making Reboot with Updated Policies and Revamped Oversight
The California Housing Finance Agency did a complete overhaul of its financial policies and procedures to create a concrete, streamlined process. The increased efficiency of this new process helped CalHFA to meet the financial challenges of the moment. It also allowed the Agency to completely pay off swap liabilities incurred before the Great Recession, achieve the highest credit rating in CalHFA history, and position itself to enter the capital markets for the first time in nearly a decade.
