National Low Income Housing Coalition

What it reported doing in 2024

State and local innovation: in april 2024, nlihc announced the launch of our new state and local innovation (sli) project. Building on the success of our end rental arrears to stop evictions (erase) project, the sli project supports state and local partners in advancing, implementing, and enforcing state and local tenant protections, sustaining era programs, preventing the criminalization of homelessness, and supporting the advancement of other innovations that keep eviction rates down and prevent homelessness. The erase project concluded in december 2023, successfully ensuring that $39.9 billion in emergency rental assistance (era) was issued to over 11 million households in need two-thirds of which being extremely low-income households.the goal of the sli project is to strengthen tenants' rights, prevent evictions, and promote housing stability for renter households with the lowest incomes. The sli project also aims to shape and inform federal policies that address the needs of the lowest-income and most marginalized renters in the U.S.on august 15, 2024, nlihc's sli project released a set of 4 state and local tenant protection toolkits: just cause eviction laws toolkit rent stabilization toolkit code enforcement and habitability standards toolkit rental junk fees toolkitthe toolkits encompass key tenant protections that exist for renters, including "just cause" eviction standards, rent stabilization policies, laws that limit excessive rental fees, and laws that strengthen code enforcement procedures and habitability standards. The toolkits cover the definitions of each of these protections, the core components, information on states and localities that have passed such protections, what research tells us about each of these protections, and recommendations from tenant advocates on the ways in which such protections can be strengthened to cover the greatest number of people and units. The information and recommendations enclosed in the toolkits were developed through research and nlihc's partners who shared their experiences and personal stories with the sli team. Nlihc engaged a tenant protection working group from october 2023 to march 2024 to develop the toolkits and met with nlihc's tenant leader group (the collective) to discuss these protections.in 2024, nlihc's sli project also released a state and local tenant protections case studies series entitled, "a primer on renters' rights": habitability protections: two case studies this publication explores habitability protection measures passed recently in two jurisdictions: new orleans, Louisiana and cincinnati, Ohio. Rent stabilization in local jurisdictions: two case studies this publication explores rent stabilization laws passed recently in two jurisdictions: prince george's county, Maryland and portland, Oregon. Laws limiting rental junk fees: two case studies this publication presents two case studies focused on laws limiting rental junk fees in Connecticut and Rhode Island.advancing homelessness solutions: in partnership with the national alliance to end homelessness (naeh) and the center on budget and policy priorities (cbpp), nlihc continues to host a webinar series focused on homelessness and housing first that received nearly 3,500 registrants per webinar including a webinar on april 9th, in response to the decision in grants pass v. Johnson decision.during the course of the grants pass v. Johnson court case, nlihc created advocacy resources including a toolkit, factsheet, mobilization opportunities, and talking points. In july 2024, nlihc, naeh, and cbpp hosted a joint press call to discuss the national state of homelessness. The call was in response to the department of housing and urban development's (hud) release of two important reports with nationwide historic estimates of homelessness. The call provided insight on how to analyze the latest figures and outline the steps lawmakers can take to address housing insecurity. The call also focused on communicati

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 84.6%; rating input score 85
• Fundraising efficiency: $16.51 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 86.6%; rating input score 87; 24th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -18.2%; rating input score 8; 8th percentile among comparable filings
• Total-asset coverage ratio: 2.76; rating input score 71; 71st percentile among comparable filings
• Liabilities to assets ratio: 0.09; rating input score 60; 60th percentile among comparable filings
• Officer compensation ratio: 17.7%; rating input score 15; 15th percentile among comparable filings

Growth

• Program expense growth: 14.5% per year; rating input score 100; 77th percentile among comparable filings
• Revenue growth: 16.6% per year; rating input score 100; 84th percentile among comparable filings
• Asset growth: 13.3% per year; rating input score 100; 70th percentile among comparable filings