NRHA Achieves Highest Property Management Ratings Since 2004: Among Nation’s Best
Norfolk, VA (PRWEB) August 16, 2013 -- NRHA Board of Commissioners Chairman W. Sheppard Miller announced August 14 that recent assessments by the U.S. Department of Housing and Urban Development (HUD) rate NRHA assisted-rental housing and Housing Choice Voucher (HCV) programs among the nation’s best for fiscal years 2012 and 2013.
HUD’s Public Housing Assessment System (PHAS) scored NRHA assisted-rental apartment properties 90 out of a possible 100 based on physical conditions, financial, management operations and capital fund program execution.
NRHA Chief Executive Officer Shurl Montgomery said “over the past few years NRHA has been within striking distance of the coveted PHAS high performer rating and now the cumulative hard work of our property management staff has placed us in the winner’s circle.”
For the sixth year in row NRHA achieved high performer status for its HCV program, scoring 135 out of a possible 135 points based on 14 criteria ranging from lease-up rates to housing quality inspections.
“A key advantage of high performer rating is it allows housing authorities to apply for highly competitive federal grants and gives us more operating flexibility to try new programs,” explained Montgomery.
About NRHA
Founded in 1940, NRHA is a national leader in community revitalization and fostering sustainable mixed-income communities. As the largest redevelopment and housing authority in Virginia, NRHA plays a key role in making Norfolk the city of choice to build, work, play and live.
Jennifer White, Norfolk Redevelopment and Housing Authority, http://www.nrha.us, 757-314-2009, [email protected]
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