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Follow on Google News | FOURMIDABLE Recognized on 'Affordable 100' ListBy: FOURMIDABLE FOURMIDABLE has been on the list for five years running, with last year's ranking being #116. In the past, they have won a spot on the ranking list due to their Low Income Tax Credit Development and Public Housing contracts. This year, the firm is #113 on the NAHMA list, which is 3 places higher than last year. "It's always an honor to be recognized by NAMHA, but seeing the ranking increase is very exciting," said Michael Schocker, president of FOURMIDABLE. "I'm so proud of the work our team has done to make housing units that are both high-quality and low price." FOURMIDABLE has seen significant growth since its founding in 1975, as it has managed various types of housing, including luxury conventional apartments, public housing, condominiums and commercial properties. Today, it manages more than 90 properties. NAMHA works on behalf of multifamily property managers and owners, serving as a leading voice for affordable housing management. The "Affordable 100" list ranks the largest affordable multifamily property management companies in the United States based on the total number of subsidized units managed. Each company must manage housing units that qualify for at least one of the following federal subsidies: HUD Project-based Assistance, Section 42 LIHTC, HOME funds, USDA Section 515, or Bonds. About FOURMIDABLE FOURMIDABLE is a national real estate management and brokerage company that specializes in managing, marketing and leasing market rate, tax credit, senior and family government assisted, public housing and rural development apartment communities. Founded in 1975, FOURMIDABLE currently manages 90 communities in 14 states, with approximately 8,800 units under management. FOURMIDABLE is a member of the elite AMO (Accredited Management Organization) For more information, please call 248-593-4603 (tel:2485934603) or visit www.fourmidable.com End
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