COVER STORY
The Top 50 Affordable Housing Owners
AFFORDABLE HOUSING FINANCE • MAY 2008
RANK/
2007 RANK |
COMPANY/CONTACT |
ADDRESS/PHONE/WEB |
AFFORDABLE UNITS OWNED (AS OF 1/1/08) |
REGION(S) |
ORGANIZATION TYPE |
31/new |
The NHP Foundation
Joseph P. Wiedorfer, senior vice president |
1090 Vermont Ave., N.W., Suite 400; Washington, DC 20005
(202) 789-5300
www.nhpfoundation.org |
5,072 |
Midwest, Northeast, South Central, Southeast |
Nonprofit |
| The nonprofit organization has been involved in multifamily rental, mixed-income, and mixed-use developments. The resident services division, Operation Pathways, develops and implements programming with a concentration on education and training. |
32/20 |
EAH Housing
Mike Daley, manager of advocacy and communications |
2169 E. Francisco Blvd., Suite B
San Rafael, CA 94901
(415) 258-1800
www.eahhousing.org
|
4,979 |
West |
Nonprofit |
| EAH Housing develops and manages a full range of primarily 100 percent low-income housing family projects. The group has also developed several large student housing developments. |
33/new |
The Ingerman Group
M. Brad Ingerman, president and CEO |
725 Cuthbert Blvd.; Cherry Hill, NJ 08002
(856) 662-1730
www.ingerman.com
|
4,978 |
Northeast, Southeast |
For-profit |
| The company has a diverse portfolio of projects across Pennsylvania, New Jersey, Delaware, Maryland, and Florida. |
34/new |
Preservation of Affordable Housing
Amy S. Anthony, president and CEO |
40 Court St.; Boston, MA 02108
(617) 261-9898
www.poah.org
|
4,819 |
National |
Nonprofit |
| The organization’s mission is acquiring, refinancing, renovating, owning, and managing affordable preservation properties. It preserved more than 1,100 affordable homes in 2007. |
35/22 |
The Wallick Cos.
Amy Slebodnik, executive assistant
|
6880 Tussing Road
Reynoldsburg, OH 43068
(614) 552-5605
www.wallickcos.com
|
4,708 |
Midwest, South Central, Southeast |
For-profit |
| The Wallick Cos. specializes in affordable housing for moderate-income families and fixed-income seniors. The firm completed four affordable housing developments with more than 500 units in 2007. |
36/new |
Fore Property Co.
Rebecca Fore
|
2600 Virginia Ave., N.W., Suite 715; Washington, DC 20037
(202) 965-1224
www.foreproperty.com
|
4,553 |
Nationa |
For-profit |
| In the past, the company was a fully integrated real estate firm focusing strictly on affordable housing development. Recently, it has transitioned into market-rate development while continuing to seek affordable housing projects on a selective basis. |
37/new |
Pinnacle Housing Group
David O. Deutch, partner |
9400 S. Dadeland Blvd., Suite 100
Miami, FL 33156
(305) 854-7100
www.pinnaclehousing.com
|
4,521 |
South Central, Southeast |
For-profit |
| Pinnacle plans to continue to be active in developing urban infill projects while expanding into products for special-needs groups such as farmworkers and the disabled. |
38/24 |
Homes for America, Inc.
Nancy S. Rase, president
|
318 Sixth St., Suite 2
Annapolis, MD 21403
(410) 269-1222
www.homesforamerica.org
|
4,451 |
Northeast, Southeast |
Nonprofit |
| Homes for America is involved in the preservation of assisted housing for low-income families and the development of small communities for special-needs individuals. |
39/22 |
The Phipps Houses Group
Adam Weinstein, president and CEO
|
902 Broadway, 13th Floor
New York, NY 10010
(212) 243-9090
www.phippsny.org
|
4,427 |
New York City |
Nonprofit |
| The nonprofit organization owns 24 affordable housing projects with nearly 4,500 units. It completed three new projects with more than 200 units in 2007. |
40/new |
Jamboree Housing Corp.
Deborah Fryman, communications and marketing manager |
17701 Cowan St., Suite 200
Irvine, CA 92614
(949) 263-8676
www.jamboreehousing.com
|
4,197 |
California |
Nonprofit |
| Jamboree Housing focuses primarily on Southern California, but its development efforts can be found across the state. The group has more than 100 units under construction and another 700 under renovation. An additional 900 units of new construction or renovation are in predevelopment over the next four years. |
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