OUR VISION
Homeownership for all who have ever dreamt of owning a home!
OUR MISSION
HHI’s mission is to lead public and private resources that create and preserve affordable housing solutions for underserved low-and–moderate-income people and communities.
OUR VALUES
HHI takes pride in and is passionate about creating high value solutions that meet the needs of the communities we serve!
A MESSAGE FROM THE EXECUTIVE DIRECTOR, MARCOS MORALES:
Dear Friends and Partners,
As we enter the final quarter of the year, I am excited to reflect on the incredible progress we’ve made and the challenges that lie ahead for Hogar Hispano Inc. Since our founding in 2004, HHI has been steadfast in its commitment to partnering with community-based organizations to promote housing stability, economic growth, and wealth preservation for low-to-moderate-income (LMI) individuals and families of color
Our mission remains clear: to break down barriers to housing, enhance access to capital, and drive sustainable economic growth in LMI communities of color. We take pride in continuing to develop affordable housing projects across the United States and Puerto Rico, focusing on underserved communities that have been devastated by economic crises, disinvestment, redlining, and natural disasters.
Success of the HHI Facility Fund I
I am pleased to share that our first fund, the HHI Facility Fund I, is nearing its goal. First and foremost, I want to extend my heartfelt gratitude to the HHI Board of Directors for trusting me to guide them through this unfamiliar journey. Success is rarely found on an easy path; more often, it requires perseverance, intuition, and passion. While many measure success by personal wealth or public recognition, we at HHI believe success lies in making a difference for those we may never meet.
At Hogar Hispano, I have been fortunate to carve my own path—to hire, train, and prepare a team for their own success and growth. Without a dedicated and committed team, no goal is truly attainable. To the HHI staff, our consultants, legal teams, contractors, and investors, I offer my deepest thanks. You trusted in the process, embraced learning, and took ownership of your roles. Despite uncertainty, you believed in the mission. Today, you manage complex programs, collaborate with funders and partners, and lead us to even greater success.
Together, we’ve proven a model that many couldn’t envision. We didn’t take the easy road. We worked with high-cost, high-risk capital, and over time, built a track record of undeniable success. This history enabled us to close this fund, instilling confidence in our investment partners—investment banks, CDFIs, and foundations alike.
I would be remiss if I didn’t individually thank those who made this possible. First, my deepest gratitude goes to the Wells Fargo Foundation for providing the planning grant that enabled us to build this model. This grant connected us with Mission Driven Finance, not just as an investor but as a daily partner who provided critical materials to attract investors to the HHI Facility Fund I. A special thank you to JPMorgan Chase, whose visit to our Phoenix office culminated in their decision to serve as our anchor investor. I also extend thanks to Community Impact Partners for stepping in as a first-loss investor and matching JPMorgan’s investment. Their involvement drew in other key partners—Woodforest National Bank, Raza Development Fund, the Robert Wood Johnson Foundation, Wells Fargo, and Regions Bank—who took a leap of faith and became the first bank to offer us an initial line of credit before the fund was even established.
Perhaps the most extraordinary outcome of this journey has been the relationships we’ve built along the way. We couldn’t have achieved this without your support. On behalf of the HHI Board of Directors and our entire staff, thank you for believing in us. We are excited about the future and the many families and individuals we will be able to serve through this fund.
Our Commitment
Looking ahead, HHI remains deeply committed to advocating for and supporting comprehensive, housing-based solutions. We will continue our tireless work to eliminate barriers to homeownership and create economic opportunities for individuals and families in LMI communities of color. Our dedication to building sustainable, equitable communities has never been stronger.
Thank you for your ongoing support and partnership. Together, we can make a lasting difference and create a brighter future for all.
Warm regards,
Marcos Morales
Executive Director
Hogar Hispano Inc.
There is HOPE with Hogar Hispano!
Homeownership • Opportunity • Prosperity • Equity
Creating Economic Stability
HHI operates an efficient and effective program model that delivers quality housing and related services to homeowners, renters, distressed borrowers, and others in need of assistance.
Investing in Brighter Futures and Creating Equity
HHI realizes positive change for individuals, families, and communities through public and private capital investments.
Preserving the Dream of Homeownership
HHI preserves the dream of homeownership for minority individuals and families by preventing foreclosure and creating new housing opportunities for those that have lost a home.
Stabilizing and Strengthening Communities
HHI actively acquires real estate to stabilize underserved communities and strives to maintain a portfolio of rental properties which is made available to income-qualified families and individuals.
Building Access, Assets, and Prosperity
HHI partners with community-based, non-profit organizations and financial institutions to create access to asset and wealth building for individuals and families of color.