Time to Work on NAHMA Vanguard Award Applications
Alexandria, Va., Jan. 19, 2017 ― It might be hard to imagine, but spring is just around the corner and so, too, is the deadline for nominating a property for one of NAHMA’s 2017 Affordable Housing Vanguard Awards. The deadline is June 2. The application can be downloaded from the Vanguard Award webpage, https://www.nahma.org/awards-contests/vanguard-award/.
The Vanguard Award recognizes new, quality multifamily affordable housing development or significantly rehabbed existing affordable housing. The award pays tribute to developers of high-quality affordable housing; demonstrates that exceptional new affordable housing is available across the country; demonstrates the creativity and innovation that must be present to create exceptional properties given the financing and other challenges to development; highlights results of private-public partnerships required to develop today’s affordable housing; and shares ideas for unique design and financing mechanisms with industry practitioners to further stimulate creative development in the affordable multifamily industry.
Affordable multifamily housing communities that are less than 3 years old―as of June 2, 2017―may apply, based on date of completion of new construction or completion of major rehab. Please note: A management company may submit only one entry for each category.
- New Construction, two subcategories: more than 100 units and under 100 units
- Major Rehabilitation of an Existing Rental Housing Community
- Major Rehabilitation of a Nonhousing Structure into Affordable Rental Housing
- Major Rehabilitation of a Historic Structure into Affordable Rental Housing
Winners of the Affordable Housing Vanguard Awards will be recognized at an awards ceremony at the NAHMA fall meeting in October in Washington, D.C.