2019 NAHMA Affordable 100 Specialty Lists
How many housing units receive at least one form of federal subsidy in the United States today? The annual NAHMA Affordable 100 list provides this important data!
The NAHMA Affordable 100 comprises the largest affordable multifamily property management companies, ranked by affordable unit counts. The NAHMA Affordable 100 list contributes vital data to the ongoing national dialogue on the future of federal funding for affordable housing. In an effort to accurately determine the portfolio of affordable units receiving federal subsidy in the United States, NAHMA publishes this annual listing of affordable units containing at least one of the following federal subsidies: HUD Project-based Assistance, Section 42 LIHTC, HOME funds, USDA Section 515, or Bonds.
NAHMA also presents two specialty lists – the 25 largest housing credit (LIHTC) property management companies, and the 25 largest Rural Development program property management companies (see below for more details).
25 Largest Housing Credit (LIHTC) Property Management Companies
25 Largest Rural Development Program Property Management Companies
|Rank||Management Company||Headquarters||RD Program Units*|
|1.^||Related Management||New York, NY||15,841|
|2.||Richman Property Services Inc.||Tampa, FL||14,460|
|3.||Boyd Management||Columbia, SC||9,511|
|4.||Maco Management Co. Inc.||Malden, MO||8,835|
|5.||The Hallmark Companies Inc.||Atlanta, GA||8,652|
|6.||J & A Inc.||Corinth, GA||8,390|
|7.^||Partnership Property Management||Greensboro, NC||7,364|
|8.^||TM Associates Management Inc.||Rockville, MD||7,143|
|9.||GEM Management||Charlotte, NC||5,307|
|10.^||The Michaels Organization (fka Interstate Realty Management)||Marlton, NJ||5,075|
|11.||Medallion Management Inc.||Kalamazoo, MI||4,914|
|12.||Grenadier Realty||Brooklyn, NY||4,658|
|13.||NDC Real Estate||Pittsburgh, PA||4,596|
|14.||AWI Management Corporation||Auburn, CA||4,448|
|15.^||Landura Management Associates||Winston-Salem, NC||3,997|
|16.||Oakbrook Corporation||Madison, WI||3,838|
|17.||Professional Property Management||Rockford, IL||3,795|
|18.||RLJ Management||Columbus, OH||3,567|
|19.||Winterwood Inc.||Lexington, KY||3,180|
|20.||Huff Management Co. Inc.||Opelika, AL||2,481|
|21.^||SHP Management||Cumberland Foreside, ME||2,353|
|22.||JL Gray||Albuquerque, NM||2,338|
|23.||Viridian Management Inc.||Enterprise, OR||2,321|
|24.||Severn Management Company||Annapolis, MD||2,274|
|25.||Morrow Realty Company Inc.||Tuscaloosa, AL||2,246|
^ A NAHMA Communities of Quality National Recognition Program Participant
* Unit data represent only units directly managed (not owned) that were rented or available to rent on Dec. 1, 2018. Down units, abated units, units under construction or rehabbing units not available for rent are not included. Data do not include state or local subsidy, public housing, tenant-based vouchers (Section 8 or RD tenant-protection vouchers), or federal mortgage insurance or loan guarantee programs.
NAHMA would like to extend its sincere thanks to the NAHMA Affordable 100 Task Force, without whose hard work and support this survey would not be possible. In particular, sincere appreciation goes to task force chair Mike Coco, Choice Property Resources Inc. and vice chair Amber Day, TrashPro; Evelyn Arias, RealPage; Boone Atkins, Yardi; Andrea Ford, Quadel Consulting & Training LLC; Rue Fox, ResMan Software; Janel Ganim, RightSource Compliance; Jennifer Kelly, IPM Software an MRI Software Company; Gustavo Sapiurka, RealPage; Sarah Upchurch, RealPage; and John Yang, RentalHousingDeals.com.
If you believe your company should be included in next year’s survey, please contact Jennifer Jones, email@example.com.