2005 National Communities of Quality Award Winners

Jan. 10, 2006, Alexandria, Va. — The National Affordable Housing Management Association (NAHMA) is pleased to announce the winners of its 2005 Communities of Quality Awards™ program. Now in its 13th year, the COQ awards honor the achievements of affordable housing providers who utilize cutting-edge and increasingly effective methods of developing and maintaining outstanding properties that are home to families of modest means.

The awards are co-sponsored by The Home Depot Supply™, a leading supplier of maintenance and renovation products to the multihousing industry.

The COQ awards recognize outstanding property management companies that demonstrate the highest possible quality of safe, affordable housing for lower-income families at particular sites.

The 2005 COQ winners are:

  • Outstanding Turnaround of a Troubled Property: WinnResidential, Boston, Mass., for Olde English Village in Gardner, Mass.
  • Exemplary Development for the Elderly or Disabled: Madison Affordable Housing Corporation, Madison, N.J., for Cook’s Pond Senior Housing, Denville, N.J.
  • Exemplary Family Development: CMJ Management Company, Boston, Mass., for Harbor Point Apartments, Boston, Mass.

To compete in the COQ awards competition, properties must first apply to and meet the rigid criteria of the COQ National Recognition Program. To be accepted into the National Recognition Program, a property must score a minimum of 225 points on its application. Properties that score 325 or more points on their application are invited to participate in that year’s COQ awards competition.

Winners are judged on the physical and financial condition of the properties; the quality of life they offer to residents; the level of resident involvement in planning and problem solving; and the nature of collaborations with other organizations and agencies that contribute to the betterment of the lives of residents and the communities at large. To conduct the judging, NAHMA assembles an independent panel of representatives from the affordable housing arena, including government, academia and trade associations.

“Affordable multifamily housing deserves to have the reputation many in the industry have long cultivated – as not just buildings, but as high-quality, distinctive, resident-focused communities,” said NAHMA President Jim McGrath, SHCM, NAHP-e. “The many submissions to the COQ program proves that affordable multifamily housing has reached a significant threshold in terms of fiscal accountability, professional management and physical comfort and amenities for residents.”

Mike Hendel, Director of Multifamily Business Development, The Home Depot Supply, said his company is proud to once again be involved in an awards program that recognizes the importance of property maintenance. “We appreciate NAHMA for encouraging the affordable housing industry to keep raising the bar in defining high-quality management and upkeep of buildings, grounds and infrastructure,” he said.

The COQ awards will be presented at NAHMA’s annual winter meeting, March 5-7, 2006, in Washington, D.C.

NAHMA is the leading voice for affordable housing, advocating on behalf of multifamily property managers and owners whose mission is to provide quality affordable housing. NAHMA holds a unique position in the industry as the advocate for professional standards. It 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, NAHMA’s membership today includes the industry’s most distinguished multifamily management companies and owners.

The Home Depot Supply is a leading supplier of maintenance and renovation products to the multihousing industry. With a nationwide network of 21 distribution centers, The Home Depot Supply offers free, next day delivery to 95% of the country for most items. Customers can select from thousands of products, including brand-name plumbing, hardware, appliances, lighting and HVAC merchandise. Everything is offered at low, wholesale prices through a 1,600-page catalog or online at www.hdsupply.com. To place an order or receive a free catalog, call 800-431-3000 or go online at www.hdsupply.com. For more information, contact a Home Depot Supply representative or Mike Hendel, Multifamily Industry Development, at 858-831-2357 or mike_hendel@homedepot.com.