Association Management Companies Are Your Nonprofit's Path To Success
Affordable Housing Investors Council has selected the Association & Conference Group LLC of Leesburg, Virginia, for full-service association management.
The council is a national 501(c)(6) business association that was founded in 1995 by a group of corporations investing in the federal low income housing tax credit. The housing credit was signed into law by President Reagan in 1986; it is the primary source of financing for the creation of housing for the working poor, low income seniors, the formerly homeless, veterans, and people with disabilities across the US. In 2016, investments totaled around $16 billion, with AHIC members accounting for more than 80% of the market.
AHIC’s search was prompted by “the retirement retirement of our wonderful administrator – Toni Sylvester of Sylvester Management Corp. – and the closure of her firm.”
The association’s request for proposals was distributed on AMC Institute’s Online RFP System. AMC Advantage code-named the opportunity “Wavy Walker,” and it remains viewable to AMC Institute members here (you must be signed in as a member).