Who We Are
Numerous reports have documented the growing need for rental housing affordable to those with low and moderate incomes. To date, however, the supply is not keeping up with demand, and there is a critical need for community development organizations and professionals with the skills needed to help fill this gap.
The Consortium for Housing and Asset Management (CHAM) is a collaboration of leaders in the fields of nonprofit affordable housing production and community development: Enterprise Community Partners, the Local Initiatives Support Corporation (LISC), NeighborWorks America and the National Association of State and Local Equity Funds (NASLEF). CHAM's mission is to better enable community-based organizations and others in the nonprofit housing industry to responsibly own and professionally manage affordable rental housing.
In recent years, many community development organizations have experienced challenges managing aging properties and increasingly complex portfolios. Senior managers of these organizations need highly specialized skills to keep these properties economically viable over the long term.