CHP Ranked Among Largest Affordable Multifamily Property Managers in U.S.

Christiansburg, Va. – Community Housing Partners (CHP), a nonprofit Community Development Corporation based in Christiansburg, Virginia, has been listed as one of the nation’s largest affordable multifamily property managers by the National Affordable Housing Management Association (NAHMA).

A nonprofit organization whose mission is to create affordable, green, sustainable housing opportunities and related services for low-income individuals and families in the southeast, CHP currently owns and/or manages 5,657 affordable housing units at 97 multifamily properties across Virginia, Kentucky, North Carolina, and Florida. Populations served in these communities include families, older adults, persons with special needs, and the formerly homeless.

"CHP has been in the property management business for almost 30 years and remains committed to providing excellent holistic management services. We manage our properties with efficiency and care because we believe that people with low to moderate incomes deserve quality, safe, affordable housing. This means more than just a roof over someone's head -- it means a professional management staff, well-maintained grounds and community space, timely repairs and upgrades, and access to human services and programming," said Assistant Vice President of Property Management Catherine La Prade.

NAHMA recently released the "NAHMA Affordable 100," a list of 100 largest affordable multifamily property managers, ranked by affordable unit counts. The "Affordable 100," created in an effort to accurately determine the size of the portfolio of affordable multifamily units receiving federal subsidy in the United States, lists affordable units containing at least one of following federal subsidies: HUD Project-based Assistance, Section 42 LIHTC, HOME funds, bonds and USDA Section 515.

About the National Affordable Housing Management Association (NAHMA):

The National Affordable Housing Management Association (NAHMA) is the leading voice for affordable housing management, advocating on behalf of multifamily rental 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. NAHMA serves as 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.

The complete list of the "NAHMA Affordable 100" is available on NAHMA’s website at http://www.nahma.org/content/latestnews.html, as well as the June issues of Affordable Housing Finance and Units magazines.