Community Properties of Ohio Management Services

What Community Properties of Ohio Management Services does

Community Properties of Ohio Management Services (CPO) is a Columbus-based nonprofit property management company and affiliate of Ohio Capital Corporation for Housing (OCCH), managing more than 1,500 units of affordable housing across Columbus and the state of Ohio. Founded in April 2003 when OCCH acquired and transformed the largest scattered-site project-based Section 8 portfolio in the United States (250 buildings across seven inner-city Columbus neighborhoods), CPO has executed a $133 million, nine-phase redevelopment of the original 1,033 units and expanded to its current scale. The portfolio spans four categories: multifamily subsidized housing, affordable and tax credit housing, senior/disabled subsidized housing, and specialized subsidized housing for vulnerable populations including former foster youth and student parents (via Columbus Scholar House). Rents are predominantly income-based (30% of adjusted annual income) for subsidized units or fixed at affordable levels (typically $925–$1,400/month) for tax credit units, with Housing Choice Vouchers accepted across the portfolio.

CPO operates a dual-entity model: the property management arm runs direct leasing through its main office at 910 East Broad Street, property-level leasing offices, and a website with downloadable property flyers and waitlist announcements; and CPO Impact, the 501(c)(3) nonprofit affiliate established in 2007, funds and coordinates resident supportive services including eviction prevention, childhood initiatives (Future Scholars Early Learning Center with YMCA, 2016), and diversity/inclusion training. Distinctive operational assets include the Eliminate the Elements® anonymous safety tipline (614-545-SAFE) and a national-recognition profile earned through awards from the National Trust for Historic Preservation (2011 Honor Award), National Housing Conference (2015 Visionary Housing Honoree), and National Affordable Housing Management Association (2014 Community of Quality designation). The go-to-market motion is hybrid: direct sales-led leasing for residents, paired with community-led partnership development with government entities (City of Columbus, Columbus Metropolitan Housing Authority), higher education (Ohio State University), and philanthropic organizations (Annie E. Casey Foundation, Columbus Foundation, ADAMH Board). The organization does not publicly disclose revenue, has no external institutional investors, and does not pursue a technology-platform business model.

Name

Community Properties of Ohio Management Services

Legal name

Community Properties of Ohio Management Services

Website

https://cpoms.org

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

51–100 employees

Short description

Community Properties of Ohio Management Services is a Columbus-based nonprofit that manages over 1,500 units of affordable rental housing across Ohio for low-income families, seniors, disabled individuals, former foster youth, and student parents.

Ownership category

akta.pro rank

NAICS

Lessors of Residential Buildings and Dwellings (531110), Services to Buildings and Dwellings (5617)

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industry

Affordable & Public Housing Asset Management (BPAJAMAI)

Keywords

• Affordable housing management
• Subsidized rental housing
• Property management services
• Senior and disabled housing
• Supportive resident services

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Affordable Rental Housing: CPO generates revenue through rental income from its portfolio of over 1,500 affordable housing units across Columbus and Ohio. Rents are either based on 30% of adjusted annual income (subsidized housing) or at market-rate levels within affordable housing income restrictions (tax credit housing). Revenue is recurring from resident rent payments.
2. Property Management Services: As a property management company, CPO earns fees for managing affordable housing properties on behalf of property owners and affiliates (including OCCH). This represents a managed services revenue arrangement.
3. Grant and Donation Funding (CPO Impact): CPO Impact, the 501(c)(3) arm established in 2007, raises and receives funds through grants (e.g., ADAMH Board mini-grants) and donations to support resident service initiatives, diversity training, and community programs.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Community Properties of Ohio Management Services (CPO) is a nonprofit property management company that owns, operates, and manages a portfolio of over 1,500 affordable rental housing units across Columbus and Ohio, spanning multifamily subsidized, affordable/tax credit, senior/disabled subsidized, and specialized subsidized housing categories. The company accepts Housing Choice Vouchers and links residents to supportive services through its 501(c)(3) affiliate, CPO Impact. CPO also provides managed property services to its affiliate, Ohio Capital Corporation for Housing (OCCH).

Product overview

Community Properties of Ohio Management Services (CPO Management) is an affiliate of Ohio Capital Corporation for Housing (OCCH) that operates as a property management company managing over 1,500 units of affordable housing across Columbus and Ohio. The portfolio spans four housing categories: (1) Multifamily Subsidized Housing (CPO Initiative with 1-4 bedroom units), (2) Affordable and Tax Credit Housing (Healthy Linden Homes 1 & 2, Healthy Rental Homes, Hilltop City Cottages, Lucas Homes, Melonie Homes, Southside Affordable Homes, South Side Renaissance Homes), (3) Senior/Disabled Subsidized Housing (Cambridge Arms, Horizon House, Michigan Avenue), and (4) Specialized Subsidized Housing (Columbus Scholar House for Former Foster Youth, Columbus Scholar House for Student Parents, Franklin Station, Van Buren Village). The company also operates CPO Impact, its supportive services nonprofit affiliate that provides resident programs and community resources.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 1,033 affordable rental units rehabilitated across 250 buildings in 7 inner-city Columbus neighborhoods via a $133M, 9-phase redevelopment plan (2004–2009)
• +2 more outcomes

Named customers4 records

Segments4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered notable, major and core.

• YMCA of Central Ohio, Columbus Urban League, YWCA of ColumbusnotableStrategic or Co-development Partner · 1 January 2021In February 2021, CPO joined YMCA of Central Ohio, Columbus Urban League, and YWCA of Columbus in launching the 'Connect 4 Change Campaign' to raise funds during the Covid-19 pandemic, combining their collective voices and audiences for greater fundraising impact.
• Zora's HousenotableStrategic or Co-development Partner · 1 January 2021Community Properties of Ohio donated land at North 4th Street and East 8th Avenue in Weinland Park to Zora's House, a coworking and community space for women of color. CPO had acquired and demolished the former D&J Carryout building (a crime hotspot) and transferred ownership of the lot to support Zora's House's expansion from ~2,000 sq ft to a planned 10,000 sq ft facility.
• YMCA of Central OhiomajorStrategic or Co-development Partner · 1 January 2016In 2016, CPO partnered with the YMCA of Central Ohio to open the Future Scholars Early Learning Center, operated by the YMCA, to provide childcare services for Community Properties of Ohio families.
• Campus Partners for Community Urban RedevelopmentmajorStrategic or Co-development Partner · 1 January 2014Campus Partners, affiliated with The Ohio State University, was instrumental in initiating OCCH's involvement with the struggling Section 8 portfolio in 2003 due to concerns about dilapidated units in the adjacent Weinland Park neighborhood. Campus Partners secured agreements with previous owners and coordinated real estate acquisitions for the Weinland Park revitalization.
• The Ohio State UniversitymajorStrategic or Co-development Partner · 1 January 2014The Ohio State University was the recipient of a $16.5 million federal Early Head Start-Child Care Partnership grant in 2014 and led a coalition of social-service agencies including CPO to provide early-education programs for infants through age three in Columbus neighborhoods (Franklinton, Hilltop, South Linden, Near East, Near South, Far South, and University District).
• City of ColumbusmajorStrategic or Co-development Partner · 1 January 2014The City of Columbus partnered with Columbus Metropolitan Housing Authority and CPO to provide housing for young adults aging out of foster care. The City was also part of the civic leadership coalition supporting Weinland Park revitalization, providing grants and political support.
• Columbus Metropolitan Housing AuthoritycoreStrategic or Co-development Partner · 1 January 2012CPO developed and opened Columbus Scholar House Phase I in 2012 and Phase II in 2017 in partnership with Columbus Metropolitan Housing Authority. The initiative provides specialized housing for former foster youth and student parents, combining affordable housing with supportive services to help residents achieve educational outcomes.
• Ohio Capital Corporation for Housing (OCCH)coreStrategic or Co-development Partner · 23 April 2003OCCH acquired and transformed the existing for-profit management company into Community Properties of Ohio Management Services in April 2003. CPO is an affiliate of OCCH, a non-profit financial intermediary of Low Income Housing Tax Credits. OCCH provides the capital, organizational structure, and strategic direction for CPO's housing portfolio, including the $133 million Community Properties Initiative.

Scale indicators7 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Volunteers of America National Services: National nonprofit that develops and operates affordable and supportive housing for vulnerable populations. Comparable as a nonprofit affordable housing operator blending housing with supportive services for similarly vulnerable resident segments.
• Mercy Housing: National nonprofit affordable housing developer and operator serving low-income families, seniors, and people with special needs. Comparable as a similarly mission-driven nonprofit with a services-integrated operating model.
• Preservation of Affordable Housing (POAH): Nonprofit affordable housing owner and operator with a national portfolio emphasizing LIHTC and project-based subsidized housing. Comparable as a mission-driven nonprofit affordable housing operator with a similar wraparound services orientation.
• WinnResidential: One of the largest affordable housing property managers in the U.S., with a significant LIHTC and Section 8 portfolio. Comparable as a scaled, fee-based affordable housing manager competing for the same institutional owner relationships.
• Pivotal Housing Partners: Specialized affordable housing third-party management firm serving LIHTC, Section 8, and HUD-regulated properties. Comparable as a growth-oriented, fee-based affordable housing manager pursuing third-party management contracts similar to CPO's services.
• Woda Cooper Companies: National affordable housing developer and property manager with a significant LIHTC and Section 8 portfolio. Comparable as a specialized affordable housing operator focused on tax-credit properties and rural/small-metro markets.
• National Church Residences: Columbus, Ohio-based nonprofit that develops and manages affordable housing, primarily for seniors. Highly comparable as a fellow Ohio-headquartered, mission-driven affordable housing operator serving low-income and senior populations.
• Wallick Communities: Columbus, Ohio-based regional affordable housing developer, owner, and operator. Highly comparable as a fellow Ohio-based affordable housing manager with similarly scattered-site, multifamily/LIHTC exposure.
• The NRP Group: Cleveland, Ohio-based developer, owner, and operator of affordable and market-rate multifamily housing. Comparable as a major Ohio-based affordable housing platform competing for the same LIHTC allocations and resident populations.

Broad incumbents

• The Related Companies: Large national real estate developer with a significant affordable housing arm (Related Affordable). Comparable as a broader incumbent operating affordable housing at scale, though Related also spans market-rate, which CPO does not.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cpoms

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Community Properties of Ohio Management Services