Cost Benefits of Resident Services on Select Categories of Property Operations: A Comparative Study
Contributing Organization(s): Neighborworks America
Author(s)/Creator(s): Terry Galpin-Plattner
Publishing Date: 2009-04-15
Issue Areas: Housing and Homelessness; Nonprofits and Philanthropy
Ownership/Rights Info: Copyright 2009 Community Housing Partners and NeighborWorks America
File info: 27 pages; 185.14 KB file size
In 2008, Community Housing Partners (CHP), with funding and research support from NeighborWorks America, engaged in a study to better understand the financial impact of resident services on property performance in service-enriched affordable family rental housing. Examining data from FY 2006 and 2007, this study finds that operational costs relating to vacancy loss, bad debt and legal expenses were significantly lower at properties with resident services than at those without resident services. In addition to these findings, the report offers opportunities for future replication, development of best practices and recommendations for next steps.
Access this research:
Intended Audience: Advocates; Policy Professionals; Researchers
Type/Format: Whitepaper
Language code: English
Type/Format: Whitepaper
Language code: English
Votes: 0 | Average Rating: n/a
Click to add your rating!
Click to add your rating!
Related Research
Explore related research listed in the same issue areas.
- Housing and Homelessness: resident services; property management; multifamily; rental housing; affordable housing
- Nonprofits and Philanthropy: resident services; property management; multifamily; rental housing; affordable housing
Related research:
Share and Share Alike
The golden rule at IssueLab ... share the knowledge, share the love!
