Established in January 1991, Cornell Management
Corporation seeks to provide effective asset management and property rehabilitation to ensure the greatest return on investment
for the owners while maintaining rent affordability for occupants. To meet this
objective we use full‑time office and maintenance staff who are trained in the latest property management applications.
Cornell Management Corp. (CMC) is a certified
minority owned business that is approved to contract work with such organizations as HUD, Massachusetts Housing & Mortgage
Finance Agency, FDIC and Rhode Island Housing & Mortgage Finance Corp. CMC's owner,
Mr. Stephan Baptista, is a certified Massachusetts and Rhode Island Real Estate Broker, Massachusetts Notary, Licensed Massachusetts
Construction Supervisor, Licensed Rhode Island General Contractor and a member of the National Association of Realtors. We have been involved in property management for the past seventeen years
and we are well versed in many facets of the property management profession including:
q Section 8 - (new construction)
q Section 8 - (rehabilitation)
q Section 8 - (property disposition -
15 yr. Set-Aside)
q Flexible Subsidy
q Section 241F.
q Community development funds for commercial
development
q State-assisted housing in Rhode Island
and Massachusetts
q Low Income Housing Tax Credit development
and monitoring
q Federal Subsidy compliance and monitoring
q Conventional and Market Rate developments
We have experience
managing inner-city properties, high-rise developments and scattered site multi-family developments in the New England area.
