Emerald Housing Management

What Emerald Housing Management does

Emerald Housing Management, LLC (EHM) is a Knoxville, Tennessee-based private property management company founded in 2006 that operates a portfolio of more than 30 affordable housing communities and 1,650+ units across Tennessee and Georgia. The company manages senior housing (age 62+ and disabled), family affordable housing, and permanent supportive housing for the chronically homeless, with properties subsidized under the Low Income Housing Tax Credit (LIHTC), HUD Section 8 (project-based and voucher), Rural Development 515 & 538, and Section 236 programs.

EHM's service offering spans full-service property management (rent collection, monthly reporting, compliance, leasing, personnel supervision) and on-site maintenance (painting, carpentry, plumbing, electrical, HVAC), supported by a Fortress Tech resident portal and standard property management software (Yardi or equivalent). Distribution is direct-to-consumer via on-site leasing offices at each community, individual property websites, and centralized phone/email intake; permanent supportive housing units are filled exclusively through the CHAMP coordinated-entry referral process, and many properties accept Section 8 Housing Choice Vouchers.

The business model is third-party fee-based property management on behalf of Emerald Housing Partners, LLC and various non-profit owners, with revenue tied to the size and subsidy mix of the managed portfolio. Pricing (rent collected from residents) varies materially across the portfolio from roughly $492/month for senior units to $1,900/month for new-construction 3-bedrooms, with some units rent-based-on-income. Headcount is 11-50 employees, with on-site management at each community and regional oversight from Knoxville.

Name

Emerald Housing Management

Legal name

Emerald Housing Management, LLC

Website

https://ehmgmt.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Emerald Housing Management, LLC is a Knoxville-based property management firm founded in 2006 that operates 30+ affordable housing communities (1,650+ units) across Tennessee and Georgia, serving seniors, low-income families, and the chronically homeless through LIHTC, HUD Section 8, and Rural Development programs.

Ownership category

akta.pro rank

Product category

Affordable Housing Property Management

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

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

akta.pro secondary industries

Affordable & Public Housing Asset Management (BPAJAMAI), Senior & Assisted Living Residential Property Management (BPAJAFAE)

Keywords

• Affordable housing management
• Property management services
• Multifamily housing
• Senior housing communities
• HUD Section 8 housing

Headquarters

HQ city

Knoxville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Apartment Rental Income: The company manages affordable housing communities and generates revenue through rental income from residential units. Properties operate under rent-based models, with some units using income-based rent calculations, Section 8 project-based vouchers, and conventional market-rate arrangements.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Emerald Housing Management operates a portfolio of 30+ affordable housing communities across Tennessee and Georgia, providing multifamily property management for senior, family, and permanent supportive housing units. The company generates revenue primarily through monthly rental income at properties subsidized under LIHTC, Rural Development 515, HUD Section 8, and Section 236 programs, supplemented by full-service property management and on-site maintenance services delivered to property owners and investment partners.

Product overview

Emerald Housing Management, LLC operates a portfolio of 30+ affordable housing communities across Tennessee and Georgia, including senior housing, family housing, and permanent supportive housing for the chronically homeless. The portfolio includes properties subsidized under Low Income Housing Tax Credit, Rural Development 515, and HUD Section 8 programs. The company provides property management, maintenance services, and a resident portal for tenants. The core offering is multi-family affordable housing management, with individual properties marketed as distinct apartment communities serving different demographics (seniors 62+, families, disabled individuals) with varying income requirements and unit configurations.

Differentiator

Problem solved

Functional benefit

Products and services

• Belle Meade Apartments Affordable family housing community in Powell, Knoxville, TN offering income-based pricing with on-site service coordinator.
• Callahan Flats on the Ridge Apartments Brand new construction apartment community in Knoxville, TN with 2BR and 3BR units, in-unit washers/dryers, ADA accessibility, and online portal access.
• Caspian Hills Apartments Affordable housing community in Fairview, TN near Nashville featuring a pool, playground, and business center.
• Caswell Manor Apartments One-bedroom affordable housing units in Knoxville, TN.
• Cleveland Court Apartments New construction affordable housing in Cleveland, TN with income-based rent and amenities including library, gym, TV room, and computer room.
• Creekwood Apartments Senior housing community in Rocky Top, TN for residents aged 62 and over and disabled/handicapped individuals regardless of age.
• Crockett Manor Apartments Affordable family housing in Trenton, TN with 1, 2, and 3 bedroom units.
• Ellington View Apartments Pet-friendly affordable housing in Nashville, TN with washer/dryer hookups and 2-3 bedroom units.
• Fenwood Apartments Two-bedroom affordable housing units in Knoxville, TN.
• Flenniken Landing Permanent supportive housing for chronically homeless individuals in Knoxville, TN with on-site case managers and community rooms.
• Flenniken Square Apartments Three-bedroom affordable housing in South Knoxville with a family service coordinator.
• Gate Manor Apartments Newly renovated affordable housing in Clinton, TN with 1, 2, and 3 bedroom units and an on-site service coordinator.
• Hiawassee Square Garden-style 2 and 3 bedroom apartments in Knoxville, TN with washer/dryer hookups.
• Jackson's Station Apartments Large apartments in La Vergne, TN with fully equipped kitchens.
• Kareday Terrace Apartments Rent-based income housing in Oak Ridge, TN with a community room and service coordinator.
• Kensington Forest Apartments Affordable housing in Powell, TN near I-75 with townhomes and garden apartments.
• Laurelwood Apartments Senior housing community in Morristown, TN for residents 62 and over with an emergency call system.
• The Leslie Affordable housing in Nashville, TN with ADA accessible units in studio through 2 bedroom configurations.
• Madison Place Senior Apartments Senior housing in Jackson, TN for residents 62 and over with controlled access and security cameras.
• Magnolia Garden Apartments Affordable housing near downtown Chattanooga and UT campus with garden units and townhomes.
• Minvilla Manor Permanent supportive housing for chronically homeless individuals in Knoxville, TN accepting residents only through CHAMP referral.
• Oakwood Manor Apartments Brick exterior housing built in 1984 in Milan, TN with gas heat and Project Based Section 8 rent.
• Ridgecrest Apartments Two-bedroom conventional housing units in Knoxville, TN.
• Robinson Road Apartments Modern affordable housing in Old Hickory, TN with granite countertops, in-unit washer/dryer, and computer lab.
• Shenandoah Apartments Conventional one and two-bedroom housing units in Knoxville, TN.
• South Ridge Apartments Family housing in South Knoxville near the KAT Busline with 2 bedroom/2 bath units.
• Sutherland Square Three-bedroom townhomes in Knoxville, TN with washer/dryer hookups and a community learning center.
• Sycamores Terrace Senior Apartments Senior housing for residents 62 and over in Nashville with meals, housekeeping, laundry services, fitness center, and chapel.
• Whitehall Cove Apartments Affordable family housing in Jackson, TN accepting Section 8 vouchers with 1, 2, and 3 bedroom units.
• Property Management Services Full-service property management including rent collection, monthly reporting, affordable housing compliance, leasing, and personnel supervision, provided to property owners and investment partners.
• Maintenance Services On-site maintenance and repair services including painting, carpentry, plumbing, electrical, and HVAC maintenance performed within OSHA standards.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Emerald Housing Partners, LLCcoreStrategic or Co-development Partner · 1 January 2006Emerald Housing Management was established in 2006 to manage multifamily projects owned by its affiliate Emerald Housing Partners, LLC. This is a co-development and ownership relationship where EHM serves as the property management arm.
• Southeastern Affordable Housing Management Association (SAHMA)minorOthersEHM is a member of SAHMA, an industry association providing training, resources, and networking for affordable housing management professionals in the southeastern United States.
• Non-profit PartnerscoreStrategic or Co-development PartnerThe EHM management portfolio incorporates properties owned by various non-profit partners in addition to Emerald Housing Partners, LLC affiliates.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• The NHP Foundation: NYC-based nonprofit owner and operator of affordable and mixed-income multifamily housing. Comparable to EHM as a specialized LIHTC/HUD operator, with a similar vertically integrated ownership-plus-management structure.
• WinnCompanies: Boston-based national multifamily manager with a large affordable housing portfolio across LIHTC, HUD, and RD programs. WinnCompanies is the most direct comparable to EHM as a third-party fee manager of subsidized multifamily housing in the Eastern U.S.
• Mercy Housing: Denver-based nonprofit affordable housing developer and operator with a national portfolio. Comparable to EHM in the affordable-only operating model and use of HUD/LIHTC programs, though materially larger and more geographically diversified.
• Dominium: Texas/Minnesota-based affordable housing owner, developer, and manager with a portfolio of ~40,000 units across LIHTC and project-based Section 8. Larger than EHM but highly comparable in the affordable-only operating model and program mix.
• TWG Development: Indianapolis-based affordable housing developer and manager with a footprint across the Midwest and Southeast. Comparable to EHM as a vertically integrated LIHTC developer-manager serving similar secondary markets in the U.S. interior.
• AHC Inc. Arlington, VA-based nonprofit developer and manager of affordable housing in the Mid-Atlantic and Southeast. Comparable to EHM in operating LIHTC and HUD-subsidized communities with a mission-driven operator profile.
• Conifer Realty: Rochester, NY-based affordable housing developer and property manager operating LIHTC, Section 8, and RD 515 properties across the Eastern U.S. Directly comparable to EHM in program mix, mid-size regional scale, and integrated development-plus-management model.
• Volunteers of America National Services: National nonprofit that develops and operates affordable and supportive housing, including senior and service-enriched communities under LIHTC, HUD, and RD programs. Comparable to EHM in operating senior and permanent supportive housing assets alongside traditional affordable communities.
• Preservation of Affordable Housing (POAH): Boston-based nonprofit that owns and manages more than 13,000 affordable homes across the U.S. Comparable to EHM in mission, LIHTC/HUD operating model, and presence in secondary Southeastern markets.
• The Michaels Organization: New Jersey-based developer and manager of affordable, mixed-income, and student housing. Comparable to EHM in operating LIHTC and HUD Section 8 portfolios, with a national footprint and vertically integrated development arm similar in spirit to EHM's Emerald Housing Partners relationship.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 Emerald Housing Management