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.
2022 Winner
Washington State Housing Finance Commission
2022 Entries
California Housing Finance Agency:
California Local-State Bond Recycling Partnership
Looking for innovative ways to finance more affordable housing in California’s bond-constrained environment, CalHFA created a Bond Recycling program through partnerships with Apple and the State Treasurer’s Office. In the past year, CalHFA’s modest program has gone to the next level by entering truly first-of-their-kind partnerships with the cities of San Diego and San Francisco, so that CalHFA could not only preserve volume cap from their pipelines, but also deploy recycled bonds on their projects.
Washington State Housing Finance Commission:
A Community Call to Action: Re-envisioning the Bond/4% Program
By developing a new set of values and allocation criteria with the involvement of community stakeholders, the Commission succeeded in bringing developers of color and community-based organizations into the highly competitive bond/tax credit program—while at the same time meeting targets for geographic balance, public leverage, housing preservation and cost-effectiveness.
