Mar 25 2014
Hillcrest Commons, an apartment community located in Philipsburg, PA, is pleased to announce that it received a 2013 Communities of Quality® (COQ) Award for Outstanding Turnaround of a Troubled Property, presented by the National Affordable Housing Management Association (NAHMA).
NAHMA honors the best multifamily affordable housing communities across the country for excellence in property management. Winning properties are recognized for the quality of life they offer residents, the level of resident involvement in community life, their financial stability, and the certified quality of their staff.
When Hillcrest Commons came under new management in 2006, the property had both low occupancy rates and high delinquency rates. Management immediately joined forces with local police to tackle drug activity in the community. They made major capital improvements to the property, including replacing siding, roofs and windows and renovating the interiors of units and common areas. Management also conducted extensive onsite staff training on the complexities of US Department of Housing and Urban Development (HUD) regulations. These property improvements led to the receipt of a “superior” on the most recent Management and Occupancy Review by HUD’s Contract Administrator.
“It is an honor to receive such a prestigious award and we are delighted to be recognized for our hard work and dedication to this community over the last seven years,” says Kristina McKinley, property manager of Hillcrest Commons.
About Hillcrest Commons:
Hillcrest Commons is located in Philipsburg, Pa. The 80-unit affordable housing property provides a positive environment for residents that includes educational, literacy and other community programs. Hillcrest Commons is managed by Community Realty Management (CRM), a full-service real estate management organization. For more information, visit www.communityrealtymanagement.com.
About NAHMA:
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. Founded in 1990, NAHMA’s membership today includes the industry’s most distinguished multifamily owners and management companies. For more information, visit www.nahma.org.