Welcome to Millennia Housing Management
Millennia Housing Management, LTD. was established in 1995 to manage a newly acquired portfolio and to build an organization with the industry's most talented and experienced executives in both HUD subsidized and Low Income Housing Tax Credit (LIHTC) housing. Frank T. Sinito, its President and Founder, and his associates have positioned the company for growth opportunities in fee management and acquisitions in the affordable and market rate multi-family industry.
Collectively, Millennia Housing Management's executive team possesses over 100 years of experience in developing and managing Section 8 housing, LIHTC, Rural Development, and Market Rate properties. Millennia Housing Management currently operates more than 10,000 apartment units in Ohio, Michigan, Indiana, Missouri, Iowa, Kentucky, West Virginia and New York.
What sets Millennia Housing Management apart?
At MHM, we are committed to excellence. Our employees are dedicated to a unified purpose for each property we own and/or manage. We have the unique ability of being able to build individual strategic management plans for each community we work with. We can formulate strategies from pre-construction all the way to operating evaluations. Most importantly, we have built and implemented a good system to measure, evaluate, and adapt a project or properties objectives. This system allows us to take advantage of new opportunities, and avoid or reduce the impact of the latest threats.
The properties that we own and manage provide a valued living experience to residents, as well as meet owner’s objectives and sustain long term stability and benefits to the local communities. We produce results.
Our employees realize the responsibility our organization has to its owners, residents, and surrounding communities. Each employee and department understands their unanimity of purpose within our organization. Our employees focus allows us to translate purpose into objectives in such a way, that cost, time, and performance parameters can be assessed and controlled.
No organization can do better than the people it has. The quality of any organization is built based on the performance and capacity of its people. We have a strong track record of growth, stability, and producing results. MHM has been built with a group of individuals with right attitude, expertise, and industry knowledge to insure MHM’s high standards. From development to management, our knowledgeable people are well trained and highly qualified individuals. MHM employees have been extensively trained, and are consistently attending new national and local training to stay ahead of new trends and regulations in the industry.
Knowledge of the industry
MHM’s employees possess a vast amount of multi -family industry knowledge. We are poised and equipped to deal with any industry challenge. We understand that management is a profession, not a right or inheritance. We never stop learning. We believe, and accept the fact that our industry is always changing. We keep ourselves up to date and adapt to current multi-family housing trends.
The majority of our front line managers have vast experience in the apartment housing industry. Front line managers are trained in utilizing our state-of-the-art property management software. All of our field personnel attend training to constantly improve skills in the areas of leasing, marketing, management, and maintenance.
Many of our managers are accredited Certified Occupancy Specialists. Other key managers are certified in Senior Housing Specialist, Tax Credit Specialists, Rural Development Housing, and Certified Property Managers. Millennia Housing Management employees constantly attend professional seminars on Fair Housing Law, marketing, and on management and compliance for RD, LIHTC and HUD assisted properties.
Other key employees in our compliance department have extensive training and certifications in LIHTC and HUD regulations. Our well educated compliance department, allows us to ensure compliance through the process of internal audits.
Millennia’s top-notch accounting staff is also armed with state-of -the-art software for the maintenance of accounts receivable, payable, and financial records. Our accounting staff possess many years of experience directly related to RD, HUD subsidized and LIHTC portfolios.
To provide the highest quality of standards in the management, operation, and development of affordable and market rate rental housing, thereby striving to enrich the quality of life for our residents.
Under a unified mission, our organization's commitment is reflected in our goals and high standards. We are dedicated to providing a valued living experience to our residents, generating levels of financial achievement for our owners, and sustain long term growth and stability for each property under the MHM umbrella. Our organizational culture supports the collective commitment of everyone we work with to ensure we meet our objectives. Our overall company culture and strategy work together to maintain direction, synergy, aid in evaluation, establish priorities, reduce uncertainty, and minimize conflicts.
We take pride in being Millennia Housing Management!
Millennia Company News
Historic Downtown Cleveland Building slated for conversion to apartments. READ MORE>>
Spotlight on MHM
Millennia Housing Management, Ltd, is ranked 37 (up 12 places from 2013) in NAHMA's Top 100 Affordable Management Companies in the United States for 2014! READ MORE>>
Each year, the US Trade & Commerce Institute (USTCI) panel identifies firms that have demonstrated excellence in their respective fields and achieved commercial recognition. Millennia Housing Management is please to be included among their 2013 honorees. READ MORE>>
Affordable Housing Finance ranks The Millennia Companies number 5 in Top 10 Companies Completing Acquisitions READ MORE>>
Millennia Housing Management, Ltd. ranks number 49 in NAHMA's Top 100 Affordable Management Companies in the United States for 2013! The NAHMA Affordable 100 list contributes vital data to the ongoing national dialogue on the future of federal funding for affordable housing. READ MORE>>
Award Winning Properties
Congratulations to Chapel Hill Towers, named one of the TOP 10 for Beacon's Best 2013. This beautiful community also received the prestigious Silver Key award for Overall Community Appearance for 2013 from the Northeast Ohio Apartment Association.
We are pleased to announce that our Seneca Grove property has recently been approved as a Green Communities certified development by Enterprise Community Partners. Seneca Grove is Millennia’s second certified Green Communities project (it’s also our fifth OAHP Green Initiatives project). Thanks to American Preservation Builders, property management, Millennia Housing Development, Ohio Housing Finance Agency, PNC Bank, CreditVest, Dimit Architects, the City of Painesville and most importantly, the residents (who endured the noise and activity of this significant rehabilitation) for making this project a reality.