COVID-19 Message

Message from NNEHIF on its response to the COVID-19 pandemic

To our partners and colleagues,

In an effort to do our part to slow the spread of the COVID-19 virus, and protect our co-workers, families, and community, NNEHIF closed its office as of 6 p.m. Monday, March 16th. Our staff will be working remotely for the next two weeks until March 30, 2020, when we will reassess the situation. We will continue to be reachable and responsive via email and phone during this time.

During this unprecedented public health crisis, NNEHIF is committed to continuing to serve and support all of our partners and the communities in which we work. We have been closely monitoring the rapidly developing facts and responses to the pandemic and will continue to track federal, state and local directives and guidelines as they are updated. Please look for additional updates from us via email as the situation continues to evolve.

In the meantime, please see below for the latest updates and changes being enacted by our various departments:

Asset Management:
All annual property site visits will be postponed for the next 30 days.

Spectrum will continue file reviews given it’s an online transmission, but if any partners struggle with this component while working remotely, please contact Mike Sprague at msprague@nnehif.org for further details.

Acquisitions/Financial Services:
Acquisitions:
We continue to work towards targeted closing dates. Please continue to upload due diligence items for our review and please keep us informed of any pertinent changes in schedule.

Financial Services:
We will continue to be responsive to the needs of our investors during this time. You may continue to find investor reports on our web portals as usual. Tax returns, K-1s, and audits will be posted as soon as they are available.

NNEHIF wants to be a support to you and the community in any way we can. Please let us hear from you about what you need in the immediate and how those needs may change over the next days and weeks.

In the meantime, I wish you and yours well during this challenging time.

Please take good care,

Bill Shanahan
President