BINGHAM FARMS, Mich., June 30, 2015 /PRNewswire-USNewswire/ -- FOURMIDABLE has been named to the National Affordable Housing Management Association's (NAHMA) Affordable 100 list.
The list comprises the largest affordable multifamily property management companies in the United States, ranked by subsidized unit counts. To make the list, companies' housing units must contain at least one of the following federal subsidies: HUD Project-based Assistance, Section 42 LIHTC, HOME funds, USDA Section 515, or Bonds. FOURMIDABLE's management experience in these areas, as well as luxury conventional apartments, public housing and condo and commercial management, has been realized with over 200 properties since the company was founded in 1975.
"We are committed to fair and equal opportunities in housing, by advocating for the well-being, safety and dignity of our residents," said FOURMIDABLE President Scott Allen. "Making NAHMA's Affordable 100 list is an honor and speaks to our company's core mission of enhancing residents' quality of life through expert property management."
NAHMA is a leading voice for affordable housing management, working on behalf of multifamily property managers and owners whose mission is to provide quality affordable housing. FOURMIDABLE came in at No. 100 on the NAHMA list with 5,141 subsidized, directly managed units. The Bingham Farms, Michigan-based company is excited to have once again made an appearance on NAHMA's top 100 list.
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 and public housing apartment communities. Founded in 1975, FOURMIDABLE currently manages 67 communities in eight states, with more than 6,800 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 Wi-Fi amenity services to apartment residents; and ePhonz, a specialized telephone product for apartment management companies.
For more information, please call 248-593-4610 or visit www.fourmidable.com
CONTACT: Scott Allen, President