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.

Schedule a Consultation

Affordable housing community

150+
Communities Managed
60
60 Years of Experience
Midwest
Multi-State Operations

Residential property exterior
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.

Compliance documents

Compliance Risk

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

Apartment community

Occupancy Growth

Lease-up planning, marketing, resident retention, waitlist management, and lead generation.

Housing property

Asset Protection

Maintenance oversight, financial reporting, capital planning, 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, compliance management, lease-up services, maintenance oversight, financial reporting, asset preservation, and resident engagement.

  • 60 years of affordable housing expertise
  • 150+ affordable housing communities managed
  • Dedicated compliance professionals
  • Full-service operational support
  • Deep Midwest 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.

Compliance Management

Affordable housing regulations are constantly evolving. Wallick’s compliance team helps owners navigate complex requirements while minimizing risk.

  • LIHTC
  • Project-Based Section 8
  • Section 811
  • USDA Rural Development
  • HOME
  • CDBG
  • VASH
  • State and local housing programs

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

Occupancy and Lease-Up Services

Wallick’s lease-up and marketing strategies help reduce vacancy periods and accelerate stabilization.

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

Benefits: higher occupancy, faster lease-up, 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.

Maintenance and Asset Protection

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

  • 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.

Where Wallick Provides Services

Wallick currently provides affordable housing property management services throughout the Midwest.

  • Ohio
  • Michigan
  • Indiana
  • Illinois
  • Kentucky

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

Derrick Young

Senior Vice President

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

Vanessa White

Vanessa White

Director of Compliance

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

Jonathan Stonebraker

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

Aimee LaBostrie

Regional Vice President

20+ years of affordable housing operations and compliance experience.

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?

It involves overseeing operations, compliance, leasing, maintenance, financial performance, and resident services for regulated affordable housing communities.

Why is compliance important?

Compliance failures can lead to penalties, subsidy issues, failed inspections, loss of tax credits, and reputational damage.

What should I look for in a property management company?

Look for affordable housing program experience, compliance expertise, financial transparency, lease-up capabilities, maintenance oversight, and a proven track record of operational performance.

Can Wallick take over an existing property?

Yes. Wallick supports owners seeking a new management partner, distressed asset turnaround support, lease-up assistance, compliance improvement, or full-service management.

How does Wallick improve occupancy?

Wallick combines strategic marketing, lease-up expertise, resident engagement, pricing strategies, and retention programs.

Schedule a Consultation

Looking for a stronger property management partner?

Whether you need lease-up support, compliance expertise, operational improvement, or a new third-party management company, Wallick is ready to help.

Address
160 W Main St #200
New Albany, OH 43054
United States

Contact Us
614-482-2018

Submit an Inquiry