NAHMA announced today its 2014 Affordable 100, a list of the 100 largest affordable multifamily property managers, ranked by affordable unit counts. The list is available at NAHMAs website at www.nahma.org/affordable100.html, as well as in the June issues of Affordable Housing Finance magazine and Units magazine.
The NAHMA website version of the list also includes the next 20 largest multifamily property management companies, for a total list presenting the top 120. In addition, the NAHMA website version presents two specialty lists — the 25 largest housing credit (LIHTC) property management companies, and the 25 largest Rural Development program property management companies. The NAHMA website also provides the listed management companies with the option to include hyperlinks to their own corporate websites, so web visitors can quickly and easily find out more information on a particular company.
The Affordable 100 was created in an effort to accurately determine the size of the portfolio of affordable multifamily units receiving federal subsidy in the United States. It lists affordable units containing at least one of following federal subsidies: HUD Project-based Section 8, Section 42 LIHTC, HOME funds, bonds and USDA Section 515.
NAHMA extends its sincere thanks to the NAHMA Survey Task Force, whose hard work and support makes this survey possible. In particular, sincere appreciation goes to Task Force Chair John Yang, RentalHousingDeals, and task force members Brian Carnahan, Ohio Housing Finance Agency; Gustavo Sapiurka, RealPage; Janel Ganim, Property Solutions; Jed Graef, MRI Software; Lori Russell, RealPage; Mark Livanec, Yardi; Rue Fox, IPM Software; Shari Smith, Choice Property Resources; Dave Layfield, ApartmentSmart.com; Kris Panks, Yardi; and Bill Sullivan, IPM Software.
NAHMA is the leading voice for affordable housing management, advocating on behalf of multifamily property managers and owners whose mission is to provide quality affordable housing. NAHMA supports legislative and regulatory policy that promotes the development and preservation of decent and safe affordable housing, is a vital resource for technical education and information, fosters strategic relations between government and industry and recognizes those who exemplify the best in affordable housing. Founded in 1990, NAHMAs membership today includes the industrys most distinguished multifamily owners and management companies.