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.

2020 Winner

Washington State Housing Finance Commission

2020 Entries

Colorado Housing and Finance Authority:
CHFA's Executive Dashboard

CHFAā€™s Executive Dashboard is an interactive tool used internally that provides a streamlined, visual representation of information collected from CHFAā€™s enterprise data warehouses. The dashboard was completed in August 2019 and has become a key resource for CHFA leadership to identify trends and inform decision making. It features all available data from CHFAā€™s homeownership and community development areas of business focus in a well-organized and intuitive structure.

MassHousing:
Capital Adequacy Study ā€“ Opportunity Fund Initiative

The Opportunity Fund leverages the strength of the Agencyā€™s balance sheet (rather than using state tax dollars or the proceeds of bond sales) and allows MassHousing to deploy resources strategically to fulfill its mission to confront the housing challenges of the Commonwealth.

Washington State Housing Finance Commission:
Microsoft Partnership: Stretching Our Resources

While exploring bond recycling, we forged a productive collaboration with Washingtonā€™s own Microsoft Corporation that both filled a critical need for bridge financing and helped the company deploy its capital for affordable workforce housing. Microsoft is also joining the Housing Finance Commission and other corporate partners in innovative financing efforts to build still more housing in our stateā€™s highest-cost, tightest housing markets.