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TelAve News/10902454
This acquisition launches NHC Property Services, expanding support for affordable housing owners and agents with maintenance, inspection readiness, unit turnover, and capital improvement services.
TUCKER, Ga. - TelAve -- National Housing Compliance (NHC), a national leader in affordable housing compliance, professional training, consulting services, and Performance-Based Contract Administration (PBCA) for the U.S. Department of Housing and Urban Development (HUD) in Georgia and Illinois, today announced the acquisition of The REAC Company, marking the first acquisition in the organization's 25-year history.
The acquisition launches NHC Property Services, expanding NHC's ability to serve affordable housing owners and agents through a broader portfolio of property services. During the transition, The REAC Company will continue operating under its established brand, The REAC Company: An Affiliate of NHC Property Services, before ultimately transitioning to the NHC Property Services brand.
For more than two decades, National Housing Compliance has earned the trust of affordable housing providers by delivering HUD contract administration, regulatory compliance, consulting, and technical assistance. With the addition of The REAC Company, NHC now extends its expertise beyond compliance by offering the operational services communities need to maintain high-quality housing and meet evolving inspection standards.
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The expanded service platform includes:
"As the affordable housing industry continues to evolve, our responsibility is to evolve with it," said Karen Romaine Thomas, Chief Executive Officer of National Housing Compliance. "For more than 25 years, we've helped owners and agents navigate complex regulatory requirements. The launch of NHC Property Services allows us to pair the compliance expertise our clients have trusted for decades with the operational support they need to strengthen their communities. This acquisition reflects our continued investment in helping affordable housing providers succeed."
"We've built our reputation by helping affordable housing communities respond quickly and effectively to inspection and maintenance challenges," said Ben Kinney, President of The REAC Company. "Joining National Housing Compliance allows us to expand that mission while providing our clients access to additional resources, expertise, and services."
More on TelAve News
NHC Property Services will continue serving affordable housing communities nationwide while expanding its capabilities and geographic reach. Existing clients of both organizations will continue receiving the high level of service they expect, now backed by a broader range of integrated solutions.
For more information, visit www.nhcinc.org (https://linkprotect.cudasvc.com/url?a=http%3a%2f%2fwww.nhcinc.org&c=E,1,A1QxPt1HU0wMEvtI4FFHLeMrhDTVARwfoDxPhEwy-BR-HkB91dlhYDpHMw_gz8KQHyKQ7n5FoOUE-57qn8-1i-PLcLP_btajIPPwpisxOT-bz14,&typo=0) or www.thereaccompany.com (https://linkprotect.cudasvc.com/url?a=http%3a%2f%2fwww.thereaccompany.com&c=E,1,CipbfoLPTiobJmHwJa6nK6Zv0jce-tbxwF4EIReMgtIxXgr7RqpEkI7PHL3VKpDpP158GIZ5wgGBwgfXT5iu3FNNwmLgQZzLn6H1GTlFEZCy&typo=0).
The acquisition launches NHC Property Services, expanding NHC's ability to serve affordable housing owners and agents through a broader portfolio of property services. During the transition, The REAC Company will continue operating under its established brand, The REAC Company: An Affiliate of NHC Property Services, before ultimately transitioning to the NHC Property Services brand.
For more than two decades, National Housing Compliance has earned the trust of affordable housing providers by delivering HUD contract administration, regulatory compliance, consulting, and technical assistance. With the addition of The REAC Company, NHC now extends its expertise beyond compliance by offering the operational services communities need to maintain high-quality housing and meet evolving inspection standards.
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The expanded service platform includes:
- NSPIRE inspection preparation and repair services
- Unit turnover
- Temporary maintenance staffing
- Capital improvement services
- Property maintenance support
- Post-inspection corrective actions
"As the affordable housing industry continues to evolve, our responsibility is to evolve with it," said Karen Romaine Thomas, Chief Executive Officer of National Housing Compliance. "For more than 25 years, we've helped owners and agents navigate complex regulatory requirements. The launch of NHC Property Services allows us to pair the compliance expertise our clients have trusted for decades with the operational support they need to strengthen their communities. This acquisition reflects our continued investment in helping affordable housing providers succeed."
"We've built our reputation by helping affordable housing communities respond quickly and effectively to inspection and maintenance challenges," said Ben Kinney, President of The REAC Company. "Joining National Housing Compliance allows us to expand that mission while providing our clients access to additional resources, expertise, and services."
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NHC Property Services will continue serving affordable housing communities nationwide while expanding its capabilities and geographic reach. Existing clients of both organizations will continue receiving the high level of service they expect, now backed by a broader range of integrated solutions.
For more information, visit www.nhcinc.org (https://linkprotect.cudasvc.com/url?a=http%3a%2f%2fwww.nhcinc.org&c=E,1,A1QxPt1HU0wMEvtI4FFHLeMrhDTVARwfoDxPhEwy-BR-HkB91dlhYDpHMw_gz8KQHyKQ7n5FoOUE-57qn8-1i-PLcLP_btajIPPwpisxOT-bz14,&typo=0) or www.thereaccompany.com (https://linkprotect.cudasvc.com/url?a=http%3a%2f%2fwww.thereaccompany.com&c=E,1,CipbfoLPTiobJmHwJa6nK6Zv0jce-tbxwF4EIReMgtIxXgr7RqpEkI7PHL3VKpDpP158GIZ5wgGBwgfXT5iu3FNNwmLgQZzLn6H1GTlFEZCy&typo=0).
Source: National Housing Compliance
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