A Professional Designation from the
Consortium for Housing and Asset Management
About CHAM and the CHAM™ Designation
Proficiency in Asset Management
Earning a Professional Designation
Program Enrollment
Earn Graduate Credits
About CHAM and the CHAM™ Designation
The Consortium
for Housing and Asset Management (CHAM) is a collaboration
of the leaders in the fields of nonprofit affordable housing
production and community development: Enterprise Community Partners,
the Local Initiatives Support Corporation, and NeighborWorks® America. CHAM’s mission is to better
enable community-based organizations and others in the nonprofit
housing industry to responsibly own and professionally manage
affordable rental housing. In recent years, many community development
organizations have experienced challenges with aging properties
and increasingly complex portfolios. Senior managers of these
organizations need highly specialized skills to effectively
manage properties over the
long term.
The CHAM™ Designation - CHAM recognizes that nonprofit asset management is difficult
work, and requires managers to be particularly skilled and sophisticated.
To support industry managers, CHAM developed a designation program,
the Certified Housing Asset Manager™ (CHAM). Working in
collaboration with the Institute of Real Estate Management Association
(IREM), Enterprise Social Investment Corporation, National Equity
Fund, and other major national partners, CHAM has developed
a curriculum that trains and recognizes professional capacity
and benefits both professionals and their organizations. In
addition, CHAM sponsors an annual conference which focuses on
cutting-edge asset management issues for the nonprofit owner;
and a Web site, www.cham.org.
These resources are available to help nonprofit owners provide
high-quality, sustainable affordable rental housing that is
a true community asset.
Asset Management Curriculum - To support CHAM’s efforts toward the goal of quality
multifamily housing and professional asset management skills,
NeighborWorks America developed an Asset Management
track of courses that is offered at its NeighborWorks Training
Institutes. Asset Management courses comprise four of the six
required courses as well as the optional elective courses for
the CHAM™ Professional Designation.
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Proficiency in Asset Management
Participants earning their professional designation will have
the skills to:
-
Evaluate performance of real estate assets
and successfully intervene in problems affecting those assets;
-
Fulfill the owner’s mission and goals
for the properties;
-
Monitor and measure resident-engagement initiatives
which affect the properties;
-
Develop an asset management plan specific
to their organization’s goals and requirements that
will assure the sustainability of its rental housing;
-
Conduct sophisticated analysis of real estate
assets and management costs; and
-
Effectively interpret and manage data, human
resources, and partnerships to maximize property assets.
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Earning a Professional Designation
CHAM™ Professional Designation will be awarded to the invididuals who successfully complete the required coursework and evaluation process.
Required Courses
Participants are encouraged but not required to take these courses in the following order:
Elective Courses
These courses improve your asset management skills, but are not required for the CHAM™ Professional Designation program:
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Program Enrollment
Participants enroll in the CHAM™ Professional Designation
Program by submitting the enrollment
form [PDF]. Course registration rules apply for
individual courses as appropriate. For example, registration
for courses delivered through the NeighborWorks Training
Institute will follow the rules and tuition fees appropriate
to the training institute. For other venues, appropriate rules
and tuition fees will apply.
For a list of required and elective courses and a calendar
of upcoming Certified Housing Asset Management courses, download CHAM Professional Designation Brochure [PDF].
About the CHAM Sponsors
