2008 MetLife Awards
Awards for Excellence in Affordable Housing
Prize money increased this year
In partnership with MetLife Foundation, Enterprise Community Partners is pleased to announce the 2008 MetLife Foundation Awards for Excellence in Affordable Housing.
The awards recognize 501(c)(3) community-based or regional nonprofit organizations and Tribes or Tribally Designated Housing Entities that excel in property and asset management or provide housing to people with special needs. Awards are presented in two categories: Property and Asset Management, and Supportive Housing, and the prize money may be used to cover any needs of the winning organizations.
- First place winners receive $40,000.
- Second place winners receive $30,000.
- Third place winners receive $20,000.
Past winners in the Property and Asset Management category can reapply for a new property two years after their award.
Applications are due by midnight, Friday, May 16, 2008. Supporting documentation must be mailed to Enterprise Community Partners, postmarked by May 16. More information.
CHAM welcomed over 222 participants to the eighth annual Asset Management Professionals’ Conference. The only national development and networking event for affordable housing asset management professionals and their partner agencies in the community development industry.
"Refinanced & Reborn: Planning for the Year 15 Transition of Your Tax Credit Projects". A manual prepared by LISC for CDCs who have tax credit projects.
"Against All Odds: The Business of Managing Affordable Housing" is a comprehensive survey of property managers of affordable housing in the Bay Area, covering seventeen management entities with a combined portfolio of over 66,000 units of affordable housing.
Bay Area LISC undertook the study to help bring to light the common challenges property managers encounter. The scope of the survey covered a wide range of topics including financial issues, reporting and compliance, organizational design, leasing challenges, best practices, and the potential for pooled activities. The survey found several key challenges affecting nearly all property managers who took part, notably the acute financial challenges of managing smaller affordable housing properties (those with fewer than 50 units) and the significant demand of meeting regulatory and compliance reporting standards for various funding agencies. If you would like to be involved in pursuing the recommendations of the study or have any questions, please contact Cathy Craig, Senior Program Officer, at ccraig@lisc.org |
