360 MANAGEMENT

SUMMARY & FINANCIAL STATEMENTS

360 Management Group, Co. is a 501(c)3 non-profit arm of ECC/HANH. Formed in 2018 to provide high-quality housing management services in New Haven and the surrounding areas, 360 Management generates additional income for the agency and increases our sphere of influence. Together, we collaborate with affordable housing developers and investors to operate vibrant, safe communities that enrich and revitalize neighborhoods.

With over 20 years of asset and property management experience, Senior Vice President Patricia Johnson leads the 360 Management team in ensuring organizational stability, innovation and sustainability and generating diverse funding through the maintenance of non-ECC properties and commercial leasing opportunities.

They currently manage multifamily developments subsidized and/or financed by state and federal affordable housing programs like Low-Income Housing Tax Credits (LIHTC), Rental Demonstration Assistance (RAD), HUD Moderate Rehabilitation, HOME and project- or tenantbased voucher programs.

Through RAD redevelopment and rehabilitation with Glendower, during 2022, 360 Management managed a portfolio of 82 buildings, or 456 units, including:

• Chatham

• Constance Baker Motley

• Eastview Terrace I & II

• Katherine Harvey Terrace

• Newhall Gardens

• Prescott Bush Mall

• Twinbrooks

• Wilmot Crossing

Statements Of Net

360 Management Achievements

Creativity. Persistence. Commitment. These values drove 360 Management’s success in 2022. With expertise in compliance standards, funding source regulations and traditional property management — plus their partnership with Glendower’s aggressive pipeline of mixed-finance development — the team’s capacity to meet families’ needs grew considerably this year.

Highlights include:

• Completing 11 distinct investor file audits without findings to ensure compliance with Low-Income Housing Tax Credits, a major federal initiative to encourage the development of affordable housing.

• Successfully completing investor physical inspections for Chatham, Eastview Terrace II, Twin Brooks, CB Motley, Prescott Bush, Katherine Harvey and Newhall Gardens to ensure proper care of housing assets.

• Passing Connecticut Housing Finance Authority (CHFA) file reviews and physical inspections without findings for Eastview Terrace, Waverly, Fulton, Stanley Justice, McQueeney and Celentano to ensure individuals and families have quality housing in compliance with all regulations.