Retired Subcategories: Financial
Recognizes an HFA for 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.
2024 Winner
Idaho Housing and Finance Association
2024 Entries
Idaho Housing and Finance Association:
Data Drilling and Monthly Budget-To-Actual Reports: Enabling Visibility at all Levels of the Organization
IHFA’s finance department recognized the need for regular financial reporting of operational activity and implemented a solution that allows managers and directors to have full visibility to their respective areas on a monthly basis with a set of automated budget-to-actual reports. Vice presidents receive a single report that allows them to drill from a view of the fully consolidated organization all the way to the business unit level of detail with the click of a button.
Illinois Housing Development Authority:
Foreign Investment in Revenue Bonds
In Jan. 2024, the Illinois Housing Development Authority issued the largest single-family revenue bond offering in our history at nearly $500MM. What made this offering unique that IHDA became the first Housing Finance Agency in the nation to receive foreign investment in its taxable bond issuance. IHDA developed a strategy to expand our bond buyer pool that resulted in more than $20MM in orders placed by foreign investors, which contributed to a successful sale.
