TM Associates

For-Profit Member

September 19, 2016

Having successfully completed over 70 projects with awards of competitive Low-Income Housing Tax Credits in many states and completing very complex projects with layers of financing, T.M. Associates (TMA) is a company that truly knows the ins-and-outs of the affordable housing business. TMA has earned many awards for green building efforts including a regional award from the Federal EnergyStar program, as well as EarthCraft designation on 10 developments, an EarthCraft nomination as Multifamily Developer of the Year, and an EarthCraft nomination as Multifamily Renovation Project of the Year.

The real estate portfolio of T.M. Associates properties includes over 100 apartment developments, totaling nearly 7,000 units, and values exceeding $500,000,000. The principals are well financed to see their projects through to a successful completion and have the capacity to advance funds as needed towards the responsible ownership of their properties. As an Owner and Developer, we believe that the continued success of a property is as important as its initial success and all residents deserve to live in the best affordable housing we can provide. It is through sound underwriting, excellent asset management, and routine oversight of management that our properties continue to succeed and our reputation and fine references speak for themselves.

Our real estate development company is full service, and specializes in all aspects of the ownership and development of affordable housing, including acquiring, preserving, and redeveloping aging affordable housing developments as well as building new affordable housing developments.

TM Associates
1375 Piccard Drive, Suite 150
Rockville, MD 20850
Tony Calkins, Senior Development Officer