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Owner Benefits
Incorporating resident services into the spectrum of amenities offered at housing properties has been proven to optimize operating costs and save money for owners and developers while strengthening communities and increasing access to programs that support learning enrichment, reinforce life skills and promote cultural diversity. Properties and residents benefit from more successful leasing, higher lease retention rates and greater community involvement. Additionally, the availability of on-site programs contribute positively to the improved economic standing and healthy lifestyles of residents.
When you employ Portfolio Resident Services (PRS) to provide community programs for your property, you and your residents benefit.
Resident Retention
- Stable occupancy
- Reduced "make ready" costs
- Increased longevity of current residents
More Desirable Property
- Free services entice prospective residents
- Building purpose of community
- Less on-site crime and vandalism
Peace of Mind
- PRS handles all compliance reporting requirements
- Creative, well-trained coordinators implement programs recognized for outstanding quality and effectiveness
Studies show that our formula for resident services for affordable housing units should yield well over a 2-to-1 return on investment. Excluded from this calculation is the greater assurance that new leases will be promptly secured when this amenity is revealed to the prospective resident.
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