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 or call 202-624-7710.



2016 Winner

2016 Entries

Colorado Housing and Finance Authority:
CHFA Product Profitability Program - Managing for Impact

CHFA builds profitability infrastructure to measure profitability of products/services in comparison to community impact.

Florida Housing Finance Corporation:
Springing Forward Cost Savings and Flexibility

Maximizing cost savings and flexibility by downsizing to one rating agency - Achieving the goal.

Iowa Finance Authority:
The Revival of the FirstHome Program while Restructuring Away Risk

Rejuvenating the FirstHome Program through the use of Resolution resources and innovative debt structuring.

Illinois Housing Development Authority:
A New Look at Publicly-Issued Housing Bonds

IHDA employs a new issuance model to streamline underwriting and relieve pressure on oversubscribed resources.

Indiana Housing and Community Development Authority:
The Interactive Budgeting Process

The Interactive Budgeting Process: Increasing involvement, understanding and participation.

New York City Housing Development Corporation:
Sustainable Neighborhood Bonds: Increasing Demand for Bonds from Impact Investors

HDC markets Sustainable Neighborhood Bonds to attract more investors to increase demand and improve pricing.

New York State Housing Finance Agency:
MVP- Preserving New York's Volume Cap

Low cost financing mechanism designed to preserve tax-exempt bond capacity.

Ohio Housing Finance Agency:
In-house Hedging Implementation

In-house Hedging Implementation

Virginia Housing:
Rapid Rental Loan Refinancing and Retention Program

A creative financing program that ensures rental developments remain affordable for longer periods of time.