Public & Nonprofit Partnerships

Support HRED-owned or controlled real estate transactions with public resources, housing programs, resident services, and mission operations without blurring legal roles.

The roles must stay clear.

HRED remains the for-profit real estate party. Public agencies and nonprofits participate only in the capacities documented for a specific project.

HRED’s role

Source and acquire property, negotiate the transaction, form the project entity, borrow, own the asset, operate it or retain a manager, manage any required rehabilitation or redevelopment, and carry property-level risk.

Government role

Define program requirements and, when approved, provide eligible capital, incentives, affordability tools, rental assistance, land, oversight, or other public resources.

Nonprofit role

Operate charitable programs, provide resident services and referrals, pursue nonprofit-only resources, sponsor eligible applications, or lease space under a documented agreement.

Potential HRED–HCD or third-party nonprofit structures

Structure	Real estate role	Nonprofit role	Required protection
Master lease	HRED or its project entity owns and maintains the property.	The nonprofit leases all or part of the property and operates its housing or service program.	Market-supported rent, written maintenance and operating duties, board approval, conflict review, and funding feasibility.
Development agreement	HRED performs defined development work under a project budget and schedule.	The nonprofit performs only the charitable or project duties assigned to it.	Documented scope, compensation, deliverables, approval, and evidence that terms are fair and reasonable.
Co-development or co-GP	HRED leads site, financing, construction, and ownership responsibilities assigned to it.	The nonprofit contributes mission, services, compliance, sponsorship, or nonprofit participation.	Actual work allocation, decision rights, fee allocation, independent authorization, and program compliance.
Services agreement	HRED remains landlord or owner.	The nonprofit provides separately funded resident services, case coordination, or referrals.	Services funding stays with eligible service activities; real estate payments remain documented and separate.

Relationship rules

No charitable donation is made to HRED
No nonprofit money is treated as unrestricted developer income
No related-party contract without conflict review and proper approval
No government or nonprofit logo without authorization
No claim of partnership, award, or program commitment before documentation
No resident-service promise outside the responsible organization’s capacity

Partnership inquiry

Public agencies, housing authorities, nonprofit organizations, service providers, and community-development groups may discuss a funding resource, resident-service role, master-lease concept, or program relationship connected to a prospective or HRED-owned acquisition. Property owners and brokers should use the acquisition-opportunity form to present property for possible purchase—not to request redevelopment services.

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