2018 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.||KMG Prestige||Mt. Pleasant, MI||16,289|
|2.^||Related Management||New York, NY||15,841|
|3.||Richman Property Services, Inc.||Tampa, FL||14,460|
|4.||Boyd Management||Columbia, SC||9,511|
|5.||The Hallmark Companies, Inc.||Atlanta, GA||8,652|
|6.||J & A Inc.||Corinth, GA||8,390|
|7.^||Partnership Property Management||Greensboro, NC||7,343|
|8.^||Preservation Management||South Portland, ME||6,797|
|9.^||TM Associates Management, Inc.||Rockville, MD||6,212|
|10.^||Peabody Properties||Braintree, MA||6,086|
|11.||GEM Management||Charlotte, NC||5,307|
|12.||Medallion Management, Inc.||Kalamazoo, MI||4,914|
|13.^||Winterwood, Inc.||Lexington, KY||4,738|
|14.||Grenadier Realty||Brooklyn, NY||4,658|
|15.||NDC Real Estate||Pittsburgh, PA||4,596|
|16.^||The Michaels Organization||Marlton, NJ||4,105|
|17.^||Landura Management Associates||Winston-Salem, NC||3,997|
|18.||AWI Management Corporation||Auburn, CA||3,875|
|19.||Oakbrook Corporation||Madison, WI||3,838|
|20.||Professional Property Management||Rockford, IL||3,795|
|21.||Woda Cooper Companies, Inc.||Westerville, OH||3,598|
|22.||RLJ Management||Columbus, OH||3,567|
|23.||Hamilton Valley Management||Burnet, TX||3,382|
|24.||Conifer Realty||Rochester, NY||2,696|
|25.||Huff Management Co., Inc.||Opelika, AL||2,481|
^ 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, 2017. 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 Rue Fox, ResMan Software and vice chair Julie Reynolds, Navigate Affordable Housing Partners; Evelyn Arias, RealPage Inc.; Boone Atkins, Yardi Systems; Mike Coco, Choice Property Resources Inc.; Janel Ganim, Entrata; David Layfield, ApartmentSmart.com; Gustavo Sapiurka, RealPage Inc.; Bill Sullivan, IPM Software; John Yang, RentalHousingDeals.com Inc.; and Sarah Upchurch, RealPage Inc.
If you believe your company should be included in next year’s survey, please contact Jennifer Jones, firstname.lastname@example.org.