BINGHAM FARMS, Mich., April 12, 2017 /PRNewswire-USNewswire/ -- FOURMIDABLE, a national real estate property management and brokerage firm is pleased to announce the renewal of management contracts with six public housing commissions in Michigan.
The signing of the renewal contracts comes after negotiations led by Sabrina Gaddy-Bollinger, FOURMIDABLE's Director of Affordable Housing.
The contracts signed involve the following Housing Commissions:
Renewal with Detroit Housing Commission (DHC) included the Brewster Homes, Harriet Tubman Apartments, State Fair Apartments, Sojourner Truth Apartments, and Woodbridge Senior Village. FOURMIDABLE began their partnership with DHC in September 2007 and the contracts renewed represent the exercise of a one-year contract renewal option.
Renewal with the Lincoln Park Housing Commission included the Lincoln Park Tower, scattered sites, Mod Rehab Program and their Housing Choice Voucher Program. The programs have been managed by FOURMIDABLE since May 2000. Renewals with Lincoln Park Housing are also for one year.
The renewal with New Haven Housing Commission included the Pinewoods Apartments. FOURMIDABLE has been managing this community since September 1996 and the contract signed is for a two-year renewal.
Niles Housing Commission's renewal includes the 179 apartment high-rise and scattered homes that have been managed by FOURMIDABLE since September 2015.
The renewal with the Royal Oak Township Housing Commission is a two-year term with an additional one-year option. The Royal Oak Township Housing Commission has been a client of FOURMIDABLE since December 2007.
Finally, the renewal with the Sterling Heights Housing Commission and their Schoenherr Towers and Housing Choice Voucher Program has been completed with a four-year renewal including an additional one-year option.
FOURMIDABLE CEO Jeri Hays says, "It is a privilege to be able to continue our relationships with the various housing commissions."
She adds: "We've made it our business to create value for our clients and our expertise in this very important sector of public service provides us with this opportunity. It is always our privilege to make a positive impact on the lives of our residents."
FOURMIDABLE is the largest private manager of Public Housing in Michigan.
FOURMIDABLE is a national real estate management and brokerage company that specializes in managing, marketing and leasing market rate, tax credit, senior and family government assisted, public housing and rural development apartment communities. Founded in 1975, FOURMIDABLE currently manages 84 communities in twelve states, with more than 9,100 units under management. FOURMIDABLE is a member of the elite AMO (Accredited Management Organization) and is an approved management firm for HUD, MSHDA and other State Agencies. Additionally, FOURMIDABLE affiliated companies offer support for property management companies and owners, including agility-pm, a provider of back office accounting, HR, IT and compliance support; eCrosstown, a provider of free WiFi amenity services to apartment residents; and ePhonz, a specialized telephone product for apartment management companies.
For more information, please call 248-593-4603 or visit www.fourmidable.com.
CONTACT: Jeri Hays, Chief Executive Officer
Sue Voyles, Logos Communications
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