Affordable Housing Property Management

Protect your investment. Improve performance.

Wallick helps affordable housing owners, developers, investors, housing authorities, and nonprofit organizations manage compliance, improve occupancy, preserve asset value, and maximize long-term performance.

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150+

Communities Managed

60 Years of Experience

Midwest

Multi-State Operations

Trust Built Over Six Decades

Experienced management for complex affordable housing communities.

For 60 years, Wallick has helped affordable housing communities thrive through expert operations, proactive compliance management, transparent financial reporting, and resident-focused service.

From property management and compliance oversight to maintenance, financial reporting, development, construction, and asset management, Wallick helps owners protect their investments while creating communities where residents can thrive.

What We Help With

Support where owners need it most.

Apartment community

Occupancy Growth

Lease-up planning, advanced market analytics, outreach, resident retention, waitlist management, and lead generation.

Financial stewardship

Financial Stewardship

Budget development and adherence, credit delivery, syndicator management, variance management, and owner reporting.

Compliance documents

Compliance

LIHTC, Section 8, USDA, HOME, CDBG, inspections, audits, regulatory readiness, and agency management.

Housing property

Asset Protection

Maintenance oversight, capital planning, risk management, and long-term value preservation.

Explore Wallick Services

Affordable housing property management built for performance.

Open each section to learn how Wallick helps owners improve operations, reduce risk, protect assets, and strengthen resident communities.

Why Owners Choose Wallick

Wallick specializes in affordable housing property management, occupancy growth, financial stewardship, compliance management, lease-up services, maintenance oversight, asset preservation, and resident engagement.

60 years of affordable housing expertise
150+ affordable housing communities managed
Dedicated compliance professionals
Full-service operational support
Deep market knowledge
Development, construction, and asset management expertise

Owner Challenges We Help Solve

Many owners contact Wallick when they need a stronger property management partner to stabilize operations, improve performance, reduce risk, and restore confidence.

Occupancy and leasing performance issues
Compliance concerns and failed inspections
Staff turnover and operational instability
Rising operating expenses
Resident satisfaction challenges
Delayed maintenance and capital planning needs
Financial reporting concerns
Lease-up performance struggles
Asset preservation and long-term planning

Affordable Housing Programs We Manage

LIHTC Communities

Management and compliance for Low-Income Housing Tax Credit properties.

Project-Based Section 8

Oversight of HUD-assisted housing and regulatory requirements.

USDA Rural Development

Specialized support for rural affordable housing assets.

HOME and CDBG

Management for federally funded affordable housing programs.

Workforce Housing

Operational support for working individuals and families.

Senior Affordable Housing

Resident-focused management for senior communities.

Occupancy Growth and Lease-Up Services

Wallick uses cutting-edge leasing leadership, advanced market analytics, disciplined outreach, and resident-centered retention strategies to help communities reduce vacancy periods and accelerate stabilization.

Strategic lease-up planning
Advanced market analytics
Marketing and outreach
Resident retention initiatives
Competitive rent positioning
Waitlist management
Lead generation programs

Benefits: higher occupancy, faster lease-up, stronger traffic quality, reduced turnover, and improved revenue performance.

Financial Management and Reporting

Wallick gives owners complete visibility into property financial performance.

Monthly reporting
Budget development
Variance analysis
Cash flow monitoring
Audit-ready recordkeeping
Financial forecasting

Benefits: transparency, accountability, better decision-making, and improved financial performance.

Compliance Management

Affordable housing regulations are complex and constantly evolving. Wallick’s compliance team helps owners stay ahead of requirements with assertive regulatory agency management, audit readiness, documentation discipline, and proactive issue resolution.

LIHTC
Project-Based Section 8
Section 811
USDA Rural Development
HOME
CDBG
VASH
State and local housing programs
Regulatory agency management
Inspection and audit readiness

Benefits: reduced compliance risk, stronger agency coordination, inspection readiness, audit preparation, regulatory guidance, and ongoing monitoring.

Maintenance and Asset Protection

Protecting your investment requires more than reactive maintenance. Wallick supports long-term asset value through planning, readiness, preventative maintenance, vendor coordination, and capital improvement discipline.

Preventative maintenance programs
NSPIRE preparation
HQS readiness
Capital improvement planning
Vendor management
Emergency response and recovery

Benefits: lower long-term costs, extended asset life, improved resident satisfaction, and better inspection outcomes.

Risk Management and Crisis Response

Unexpected events require experienced leadership. Wallick provides proactive risk management, emergency response coordination, insurance claim support, vendor management, crisis communications, and recovery planning to help protect both your asset and reputation.

Benefits: faster response, clearer communication, reduced disruption, stronger documentation, and better protection for residents, owners, and the asset.

Where Wallick Provides Services

Wallick provides affordable housing property management services across multiple markets, with experienced teams that understand regional operations, compliance expectations, and owner priorities.

Ohio
Michigan
Indiana
Illinois
Kentucky
North Carolina

Affordable Housing Experts

Leadership you can trust.

Wallick’s affordable housing leadership team brings more than 100 years of combined experience managing affordable housing communities throughout the Midwest.

Derrick Young

Senior Vice President

30+ years leading affordable housing operations and performance across more than 150 communities.

Jonathan Stonebraker

Regional Vice President

30+ years of affordable housing and property management expertise.

Jonathan serves as President of the Midwest Affordable Housing Management Association, MAHMA, and on the NAHMA Educational Foundation Board of Directors.

Aimee LaBostrie

Regional Vice President

20+ years of affordable housing operations and compliance experience.

Vanessa White

Director of Compliance

35+ years of affordable housing experience overseeing more than 20,000 housing units across multiple affordable housing programs.

Why Owners Trust Wallick

Experience, compliance expertise, and long-term asset protection.

60 years of experience
Proven compliance expertise
Full-service capabilities
Resident-centered approach
Long-term asset protection

Frequently Asked Questions

What is affordable housing property management?

Affordable housing property management is a complex operating model that brings together compliance, leasing, maintenance, financial performance, resident services, agency coordination, and long-term asset preservation. Wallick is at the forefront of delivering that work with discipline, care, and measurable accountability.

Why is compliance important?

In a complex affordable housing environment, compliance is key to successful operations. It protects funding, tax credits, inspections, resident eligibility, agency relationships, subsidy flow, and long-term asset stability.

What should I look for in a property management company?

Start with trust. The right property management partner should operate with integrity, communicate clearly, act with courage when challenges arise, and shepherd the asset with the same care an owner would. From there, look for affordable housing expertise, compliance depth, financial transparency, leasing strength, and a proven operating platform.

Can Wallick take over an existing property?

Yes. Wallick will meet you where you are, whether you have a new development, an existing community, a distressed asset, or a property facing occupancy, compliance, staffing, financial, or performance challenges.

How does Wallick improve occupancy?

Wallick improves occupancy through cutting-edge leasing leadership, advanced market analytics, disciplined follow-up, local outreach, digital marketing, waitlist strategy, resident engagement, and retention-focused operations.