Pennsylvania Multifamily Asset Managers is a private sector partner of Pennsylvania Housing Finance Agency (PHFA) in the Commonwealth of Pennsylvania specifically under the PBCA program. PMAM has been responsible for the implementation of all asset management core tasks under HUD’s PBCA ACC with PHFA. PMAM is currently responsible for the PBCA core tasks for over 600 contracts, and over 48,000 units. Since this contract began in December of 2000, PMAM and PHFA have had no findings in any of their HUD Annual Compliance Reviews. PMAM has earned every possible incentive with no disincentives since the program began.
PMAM is a subsidiary of Du & Associates, Inc. a team of professionals with very strong backgrounds and extensive experience in all aspects of HUD assisted housing. In particular, its key principal and staff have direct hands-on experience in performing the PBCA functions for HUD using HUD guidelines and procedures. The D&A team has been performing PBCA functions for the states of Pennsylvania and Michigan since 2000.
Through its partnership with the Michigan State Housing Development Authority (MSHDA), the D&A team was the first private sector partner in the country to work with HUD in designing and implementing the PBCA program.
Du & Associates, Inc., is a minority woman owned professional consulting firm providing asset management, underwriting, legislative, and other consulting services to the affordable housing industry. The firm brings extensive HUD asset management experience and provides services to housing authorities and housing finance agencies across the nation.
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