Page 3 - 2019 Annual Report

PRESIDENT & CEO’S MESSAGE

Greetings,

If 2018 was a year of transition for New Neighborhoods, then 2019 was a year of stabilization and preparation.
As I have completed my second year at New Neighborhoods, I’m most proud of the team we have assembled,
their dedication to our mission, and their overall accomplishments. Many of those accomplishments include
strengthening our financial sustainability, professionally managing our properties, expanding services to our
tenants, reinvesting in our infrastructure, and developing our employees individually and as a team.

As we look towards 2020, the need for healthcare, jobs, education, and safety are greater than ever, and all
these critical needs are dependent upon people having access to housing. There are still so many families
needing a safe, affordable place to call home, which is why we intend to aggressively pursue new opportuni-
ties for acquisition, development, and expansion, while continuing to provide critical services to those in need.
WILLIAM J. HEALY II
With the goal of “Building Hope and Opportunity” for as many people as possible, our entire team will
continue to push ourselves to be the most prepared, best trained, and hardest working affordable housing President & CEO
professionals in the industry. I am proud of what my team has already accomplished but I’m also confident William “Jamey” Healy II has been the
that next year we can achieve so much more. President & CEO of New Neighbor-
hoods since April of 2018. Previously
William J. Healy II he was the Vice President of EHDOC,
New Neighborhoods, President & CEO Elderly Housing Development and
Operations Corporation, a nationwide
affordable housing developer and
management company.
Prior to joining EHDOC he was elected
four times as a public official, serving
as a member of the Ohio House of
Representatives for three years and
as the Mayor of Canton, Ohio for eight
years.
Winter Warm Up/Toys for Tots
New Neighborhoods’ annual Winter Warm Up is a fun-filled evening of celebration, gift giving, face painting, Jamey earned his Master’s Degree in
Business (MBA) from New York Univer-
games, music, food, and refreshments. The purpose of this event is to provide new coats to our tenants and
sity’s Stern School of Business and his
their children who often have outgrown their coats from last season and are not prepared for this upcoming Bachelor’s Degree in Marketing from
winter. We typically have a large supply of new coats in all sizes that fit men, women, boys and girls of all ages. Rowan University in New Jersey.

This event started several years ago by providing coats to the children in our buildings and today we provide
coats to adults as well as the children living in our buildings. We also went out into the community and deliv-
ered new coats directly to the homeless. This year we provided 350 new coats to those tenants and homeless
in our communities and we distributed 133 toys to children in our buildings, in partnership with Toys for Tots.

Education Opportunities NEW NEIGHBORHOODS
New Neighborhoods sponsored 10 high school students this year to attend the Historically Black College MISSION:
and Universities, College Tour in partnership with WEE-ACT, the William E. Edwards Academic College Tours.
This opportunity allowed those students to visit numerous college campuses. The goal of this program is to “Building hope and opportunity
expose children to educational options they would otherwise never know existed. through development and
management of quality and
Other Services affordable housing and
New Neighborhoods provides numerous additional services and programs to our tenants, such as the Senior resident-centered services.”
Sizzle Picnic, our Annual Senior Outing, Holiday Meals hosted by local high school students, and so many
more. We are committed to improving the quality of life for our residents and throughout our community.

2019 ANNUAL REPORT 2