Alexandria, VA – May 27, 2015 – (RealEstateRama) — Join an elite group by becoming a certified Specialist in Housing Credit Management® (SHCM®) Company. The corporate designation was created specifically to honor management companies that successfully maintain a significant portion of their properties and staff to the high standards of the SHCM certification program. The SHCM program, established especially for management professionals and companies involved with properties developed and operated under the Low-Income Tax Credit (LIHTC) program, is sponsored by the National Affordable Housing Management Association (NAHMA), the National Apartment Association Education Institute and LeadingAge.
Earning the SHCM Company designation is an outstanding accomplishment and it publicly declares that these companies are among the finest managers of LIHTC housing in the industry. This designation will add value to the brand of each participating management company as a leader in the field of LIHTC housing. As such, companies earning the coveted SHCM Company designation will be provided with an electronic file of the SHCM Company logo, which they will be encouraged to use on all of their communication and marketing materials, among other benefits.
To earn the SHCM Company certification, companies must meet all of the following eligibility components:
- Thirty percent of the management company’s portfolio must be LIHTC housing.
- At a minimum, each LIHTC property in the management company’s portfolio must have a SHCM certified professional with direct daily supervision of the tax credit component of the property.
- In addition, 50 percent of the management company’s LIHTC housing portfolio site-level staff responsible for occupancy must be SHCM certified.
- At least one executive of the management company must be SHCM certified.
- The SHCM Code of Ethics must apply to all activities of the management company.
To learn more, download the SHCM Company application or contact Natasha Patterson, NAHMA education programs and special projects coordinator, 703-683-8630, ext. 117 or .
NAHMA is the leading voice for affordable housing management, advocating on behalf of multifamily 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, is a vital resource for technical education and information and fosters strategic relations between government and industry. Founded in 1990, NAHMA’s membership today includes the industry’s most distinguished multifamily owners and management companies. Visit www.nahma.org for more information.
The National Apartment Association is America’s leading advocate for quality rental housing. NAA’s mission is to serve the interests of multifamily housing owners, managers, developers and suppliers and maintain a high level of professionalism in the multifamily housing industry to better serve the rental housing needs of the public. As a federation of nearly 170 state and local affiliates, NAA is comprised of more than 67,000 members representing more than 7.6 million apartment homes throughout the United States and Canada. For more information go to www.naahq.org.
The mission of LeadingAge is to expand the world of possibilities for aging. Its membership includes 6,000 not-for-profit organizations representing the entire field of aging services, 39 state partners and hundreds of businesses, consumer groups, foundations and research partners. LeadingAge is also a part of the International Association of Homes and Services for the Aging, which spans 30 countries across the globe. Visit www.leadingage.org for more information.
Jennifer Jones, Manager of Communications and Public Relations
National Affordable Housing Management Association
703-683-8630, ext. 100