NAHMA Recognizes Multifamily ‘Communities of Quality’
- Apr 05, 2011
Denver–In a recent awards ceremony, the National Affordable Housing Management Association (NAHMA) recognized multifamily management companies that have at least 50 percent of their affordable housing portfolios accepted into the organization’s Communities of Quality (COQ) National Recognition program. COQ recognizes excellence in “the way they manage the physical, financial and social condition of the property,” according to NAHMA.
NAHMA is an affordable housing advocacy organization representing multifamily owners and management companies. The organization has been making COQ awards for seven years, as decided by an independent panel of judges. Sites also are honored on the basis of the quality of life they offer to residents; the level of resident involvement in community life; and the nature of collaborations with other organizations that contribute to the lives of residents, notes the organization.
Those companies with over half their affordable portfolios as COQ qualify for NAHMA’s Communities of Quality Corporate Partner Designation. This year, such partners include Aimco, American Baptist Homes of the West, CSI Support and Development Services, First Realty Management, Metropolitan Associates, PRD Management, Spear Management, Tesco, Walton Community Services, Westminster Co. and WinnResidential.
Among those designees, Aimco was recognized for having the nation’s greatest number of multifamily communities that have earned COQ certification. It was the fourth year in a row that the Denver-based REIT was so recognized. Currently Aimco has 107 apartment properties that have earned a COQ.
Keith Kimmel, Aimco executive vice president of operations, cited a number of the company’s management practices as contributing to its COQ designation. Those include “helping residents access medical and transportation resources, finding assistance for them with routine housekeeping chores and teaching them to use a computer,” he says.