FOURMIDABLE Again Recognized on 'Affordable 100' List
Michimich.com/10062831

BINGHAM FARMS, Mich. - Michimich -- FOURMIDABLE (http://www.fourmidable.com/), one of the most active companies nationwide when it comes to managing affordable housing units, is once again on the 'Affordable 100' List as recognized by the National Affordable Housing Management Association (NAHMA).

FOURMIDABLE has been on the affordable list for six years running, as it continues to be a Company goal and proud achievement. In the past, they have won a spot on the ranking list due to their Low Income Housing Tax Credit communities and Public Housing contracts.

This year, the Michigan firm is listed at #114 on the NAHMA list, which is made up of the top 140 companies from across the country.

"It's always an honor to be recognized by the NAHMA, and with this year being our 45^th anniversary we are especially excited for the honor," said Michael Schocker, president of FOURMIDABLE. "For me the work that our team does to manage housing units that are both high-quality and affordable is truly satisfying."

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FOURMIDABLE has seen significant growth since its founding in 1975, as it has managed various types of housing, including conventional apartments, public housing, government assisted, condominiums and commercial properties. Today, it manages 69 properties totaling 7,035 units.

NAHMA 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 69 communities in 11 states, with approximately 7,035 units under management. FOURMIDABLE is a member of the elite AMO (Accredited Management Organization) and is an approved management firm for HUD, MSHDA and other State Agencies. Additionally, FOURMIDABLE affiliated companies offer support for property management companies and owners, including agility-pm, a provider of back office accounting, HR, IT and compliance support; eCrosstown, a provider of free Wi-Fi amenity services to apartment residents; and ePhonz, a specialized telephone product for apartment management companies.

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For more information, please call 248-593-4603 (tel:2485934603) or visit www.fourmidable.com.