Asset Management is the function within a CDC that is responsible for the long-term management of an organization’s total portfolio. It is a systematic process of maintaining, upgrading, and operating physical assets cost-effectively. It provides tools to facilitate a more organized, logical approach to decision-making; thus, providing a framework for handling both short- and long-range planning.

Property Management is the range of functions concerned with looking after buildings, including collection of rents, payment of outgoings, maintenance including repair, provision of services, insurance and supervision of staff employed for services, together with negotiations with tenants or prospective tenants.

Property Management has a focus on more day-to-day decision making about individual properties; whereas, Asset Management concentrates on the long-range viability of an entire portfolio.

LEADERSHIP
Molly Rogers, Housing Development Center (Facilitator)
Dianne Dubach, Community Action Team, Inc.
Ray Hackworth, Northwest Housing Alternatives

OBJECTIVE OF GROUP
Develop and share best practices; offer peer support and learning to improve skills and capacity of practitioners and recommend policy and regulatory changes to increase long-term financial viability of affordable housing.

TOPIC AREAS/ISSUES OF INTEREST
Property Oversight and Management; Compliance; Financial Management and Analysis; Physical Condition; Debt-financing and underwriting.

MEETING TIMES
Meet second Tuesday of each month in Portland (open to all PAMWG members, with a strong focus on Portland metro issues).
Statewide bi-annual meetings (fall session in Portland, spring session in Salem).
Other meetings as required.

For more information about PAMWG and its meetings, please contact Terrie Hendrickson.

PAMWG 2009 Calendar (June 2009)

Members

Meetings (Agendas & Notes)

PAMWG RESOURCES