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National Real Estate Programs

National Real Estate Programs - multifamily building

National Real Estate Programs (NREP) is a program to serve network and non-network organizations in all areas relating to real estate development and management, including single family subdivision, single family infill, multifamily, shared equity and commercial. National Real Estate Programs features many programs which were once available only to members of the Multifamily Initiative:

  • Real Estate Development
  • Real Estate Grants
  • Strength Matters
  • Asset Management (including Portfolio Strengthening)
  • Consortium of Housing and Asset Management (CHAM) Courses and Clinics
  • Resident Services
  • Insurance Programs, including ongoing Builder’s Risk (this is only for those organizations reporting multifamily operations data to the Compass system)

The National Real Estate Programs staff works with the districts, through "Real Estate Management Consultants," to reach out to NeighborWorks organizations with a real estate line of business to ensure that the organizations are aware of the various services, training, and reporting requirements. The NREP team is part of NeighborWorks National Initiatives and Applied Research Division (NIAR), which is led by Leila Finucane Edmonds .

Asset Management Capacity Building Program. The “backbone” of the Asset Management program is the Multifamily Performance Database. All organizations with a significant multifamily line of business are required to report essential property performance numbers quarterly. After analyzing this data, the NREP reports back to participants on areas of strengths and areas that need improvement. Clinics in portfolio management and portfolio strengthening are available to help members manage risks and optimize real estate performance.

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