The Community Builders, Inc.

About our hired management company

The Community Builders, Inc. is the largest nonprofit, urban housing developer in America. Its mission is to build and sustain strong communities where people of all incomes can achieve their full potential. In the last 40 years, it has completed more than 18,000 units of affordable, mixed-income housing and generated over $1.5 billion in development activity. It has pioneered use of the tax code by nonprofit developers, citywide partnerships supporting large-scale redevelopment and comprehensive neighborhood revitalization efforts through new uses of public housing funds and of project-based assistance. As one of the nation’s foremost HOPE VI developers, The Community Builders has provided award-winning comprehensive neighborhood revitalization to cities such as Cincinnati, Louisville, and Holyoke, Massachusetts.

With offices in a dozen cities and a staff of over 400, The Community Builders also provides development consulting, legal counsel, asset management, and property management services throughout the Northeast and Mid-Atlantic States. All told, nearly 15,000 individuals benefit from our attractive, high-quality, supported housing.

Mission

The mission of The Community Builders is to build strong communities where people of all incomes can achieve their full potential. We do this by developing, financing, and operating high quality affordable, mixed-income housing, by coordinating access to support services, and by planning and implementing other community and economic initiatives critical to the communities we serve. We focus primarily on meeting the needs of lower income people not effectively served by market forces. We favor a multi-disciplinary approach and engagements of significant scale that can have a lasting impact. We specialize in large-scale public and assisted housing redevelopment projects, transforming distressed housing projects into anchors for multifaceted revitalization efforts.

The Community Builders works in collaboration with neighborhood groups, residents, public and private agencies, and philanthropic interests. Becoming a long-term stakeholder in the neighborhood, we create effective local implementation teams that combine neighborhood understanding, technical skills, and managerial ability.

Property Management Department

TCB has extensive experience both with the requirements of the LIHTC program and with the complexities of management in the mixed-finance environment of HOPE VI.

The Community Builders, Inc. is an accredited management organization. The Institute of Real Estate Management (IREM) awards this designation to firms who fulfill strict requirements in the areas of insurance, experience, integrity, ethical conduct, and fiscal stability. TCB’s current management portfolio includes over 80 properties in Massachusetts, Connecticut, Indiana, Illinois, Kentucky, New Jersey, New York, North Carolina, Ohio, Pennsylvania, and Rhode Island, ranging in size from 5 to 430 units. TCB provides 7,500 households with attractive, high-quality, affordable rental housing and has earned an excellent reputation in the affordable housing management industry as a result of its proven ability to produce and maintain successful housing communities, many of which are in very challenging environments.

TCB has extensive experience managing projects developed with all the major HUD programs - 221(d)(3), 236, elderly 202/811, Section 8, LIHTC, HOPE VI, and public housing operating subsidies. TCB’s management portfolio includes mixed-income properties containing public housing, LIHTC, and market-rate units.