Asset Management

• A strong financial and operational foundation are necessary for organizations to handle the complex activities involved in developing and maintaining rental propertis.
• Good asset management allows organizations to borrow and lend money, invest in new facilities and dedicate resources to resident services.
• Strategic asset management makes it possible to earn a "triple bottom line" of profitability, environmental sustainability and positive social impact.

• Real estate development: based on sound asset management experience, assuring that rental homes are underwritten and developed to meet the long term needs of the residents and the community as well as sustain the organization
• Financial capacity: ensuring that financial management standards and practices are supporting a healthy and viable organization that is able to borrow, invest, and operate in the community
• Property management: supporting the day to day operations that aid the asset management goals of the organization and ensure healthy, viable rental home communities. 

We offer training, technical assistance and selected grants to NeighborWorks organizations that own or manage affordable rental homes. These efforts build more informed and more energized organizations to meet the needs of the people they serve and to succeed as businesses.

We work with our multifamily partners to actively involve the board members so that they can exercise their role in planning and risk management. We provide them training and technical support so they can make decisions that support the operations of the rental homes and residents who live in them.

For 35 years we've been helping our network organizations provide quality affordable housing support to their communities. This work is built on the foundations of excellent asset managementt. You can benefit from participating in two of our programs which are open to the public:

Strength Matters

This web-based resource center takes asset management to the next level. Based on advanced financial analysis, and using a sophisticated data warehouse that permits industry wide performance benchmarking, this creates a platform to optimize our use of resources and maximize the portfolio performance. Visit www.strengthmatters.org.

CHAM certification and training

We co-created the Consortium of Housing and Asset Management (CHAM) with Enterprise Community Partners and LISC. Our goal has been to train and certify nonprofit housing asset managers so they can better serve their organizations and the residents of their affordable housing properties.

The CHAM curriculum is the core asset management training program at the NeighborWorks America. This series of six required courses and many elective courses, lead to the designation of CHAM  Asset Manager.