Trinity Management #96 on National Affordable Housing Management Association's (NAHMA) "Affordable 100" list
June 25, 2015 - Spotlights
"We are thrilled," said CEO Kate Franco about the company reaching number 96, with 5,312 units. "We are committed to providing safe, affordable, efficient buildings for our residents, and it is wonderful to be recognized for our efforts by such a prestigious organization as NAHMA."
This news comes after NAHMA's announcement of a Vanguard Award for Trinity's Glenark Mills in Woonsocket, R.I. for a major rehabilitation of an existing rental community.
NAHMA's Affordable 100 is compiled to put a spotlight on federal funding for affordable housing, which is an ongoing focus of the organization. Each of the companies on the list receives at least one of the following federal subsidies: HUD Project-based Assistance, Section 42 LIHTC, HOME funds, USDA Section 515, or Bonds.
Trinity Mgmt. also has condominiums, market-rate apartment homes and cooperative communities in its portfolio, as well a commercial properties.
Its affordable component is the largest sector.
"Our motto is 'Enhancing Communities, Changing Lives,'". Franco said. "That's at the heart of everything we do."