Nonprofit Housing Organizations and Institutional Support: The Management Challenge

ABSTRACT:

The viability of the low income housing built by nonprofit organizations in US cities hinges on the ability of these groups to maintain and manage it. Nonprofit sponsors and their institutional support system have only recently begun to recognize the importance of property and asset management. First priority continues to be housing production, followed by organizational capacity building. This paper explores how the institutional support network for nonprofit housing has begun to address the need for stronger property management. Drawing from recent six city study, the authors examine different ways by which local and national networks provide financial and technical support for property management. They conclude with a series of recommendations for broadening and strengthening institutional support for property management in the nonprofit sector.