2010 Symposium: A New Era in Affordable Housing: Investing for Impact in Sustainable Communities
View Resources
|
National Real Estate Programs (NREP) is a program to serve network and non-network organizations in all areas relating to real estate development and management, including single family subdivision, single family infill, multifamily, shared equity and commercial. National Real Estate Programs features many programs which were once available only to members of the Multifamily Initiative:
- Real Estate Grants
- Strength Matters™
- Asset Management (including Portfolio Strengthening)
- Consortium of Housing and Asset Management (CHAM) Courses and Clinics
- Resident Services
- Insurance Programs, including ongoing Builder’s Risk (this is only for those organizations reporting multifamily operations data to the Compass system)
The National Real Estate Programs staff works with the districts, through the Real Estate Management Consultants, to reach out to NeighborWorks organizations with a real estate line of business to ensure that the organizations are aware of the various services, training, and reporting requirements. The NREP team is part of NeighborWorks National Initiatives and Applied Research Division (NIAR), which is led by Nelson Merced.
NIAR Deputy Director Thomas Deyo leads our
Green, National Real Estate Programs and Community Stabilization efforts. Under Deyo, Howard Lewis directs our National Real Estate Programs efforts with the support of a four-person team.
Frances Ferguson focuses her efforts on NeighborWorks cooperative efforts to enhance the strength of the affordable housing development industry through the Strength Matters initiative and provides strong support to our resident services efforts. Harold Nassau leads our efforts relating to improving asset management including CHAM and the portfolio strengthening and Elaine Covert coordinates all of our activities in regards to grant making and coordination with GrantWorks and other internal tracking monitoring and reporting systems and coordinates closely with the Real Estate Management Consultants in each District.
Asset Management Capacity Building Program. The “backbone” of the Asset Management program is the Multifamily Performance Database. All organizations with a significant multifamily line of business are required to report essential property performance numbers quarterly. After analyzing this data, the NREP reports back to participants on areas of strengths and areas that need improvement. Clinics in portfolio management and portfolio strengthening are available to help members manage risks and optimize real estate performance.
|
