CIS Management Wins “Management Company of the Year Award” at New Jersey Apartment Association’s Garden State Awards

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CIS Management, Inc., the property management affiliate of Community Investment Strategies (CIS), Inc., a developer and builder of apartment-rental communities throughout New Jersey, received nine (9) awards, at the 28th Annual Garden State Awards Gala held at Ocean Place Resort and Spa in Long Branch, N.J. including the prestigious Management Company of the Year (Affordable) Award.

Sponsored by the New Jersey Apartment Association (NJAA), the Garden State awards recognize achievement among leaders in the rental housing industry. “The caliber of this year’s winners is a true reflection of the level of professionalism our members bring to New Jersey’s apartment industry,” said David Brogan, Executive Director of NJAA. He continued, “This award is direct recognition of CIS Management’s commitment to resident satisfaction and professionalism.”

“We are truly honored to receive the Management Company of the Year Award,” said Christiana Foglio, CEO of CIS. “It is a testament to the hard work and dedication of the entire CIS Management team.”

Three CIS properties won in the Curb Appeal category: Heritage Village at Bloomfield, an 82-unit, active adult community in Bloomfield, NJ; Heritage Village at Oakhurst, a newly opened, 93-unit, active adult community in Ocean Township, NJ; and The Gardens at Birmingham, a 48-unit multifamily community in Ewing Township.

Heritage Village at Bloomfield also won in the Green Building category. A certified ENERGY STAR® Multifamily High-Rise building, the community features state-of-the-art resiliency features including high quality durable exteriors; hurricane rated, impact resilient windows; a superior insulation and weather barrier system; an energy efficient ventilation system; LED lighting; an emergency generator, as well as a bathroom and shower that are accessible during times of extended power loss.

In addition, four CIS Management staff members won individual awards – Joseph Gotti, controller; Michael Randolph, maintenance supervisor; Jennifer Smyth, regional supervisor manager; and Alice Ringus, senior property manager. “To be recognized by NJAA is a big deal in our industry,” said Jennifer Smyth. “They are New Jersey’s premier trade organization for the multifamily rental market with a collective voice of over 400 companies.”

Established in 2004 as an extension of CIS’ “with you for life” philosophy, CIS Management Inc. oversees comprehensive and responsive property management services. Committed to a hands-on, round-the-clock approach, the company provides regulatory compliance; administrative agent services; market repositioning, renovation oversight; contract administration; marketing, leasing and sales services; resident services; social activities programming; senior services; and third-party, facilities, asset and financial management. The talented management team, is responsible for the day-to-day management tasks encompassing more than 3,000 affordable housing units developed and owned by CIS.

CIS Cuts the Ribbon to Officially Open Bayshore Village

Bayshore Village Ribbon Cutting Photo

5 Years after Superstorm Sandy, residents are happy to return home.

MIDDLETOWN, N.J. (October 25, 2017) – Damaged by Sandy, the original Bayshore Village community was demolished and replaced with a brand-new structure that incorporates state-of-the-art resiliency features and now rests on a site that has been raised considerably above the floor plain elevation.

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CIS receives LIHTC Awards

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CIS is pleased to share the exciting news that the Place at Plainsboro was selected as one of the 29 affordable housing communities awarded 9% Federal Low Income Housing Tax Credits (LIHTC).

As announced, on Friday, August 25, 2017 the 29 projects consist of 2,175 apartments within 14 counties across New Jersey and total approximately $40 million in LIHTC funds.

CIS also received an award of volume cap (4% LIHTC with tax-exempt bonds) and an award of CDBG-DR FRM (Fund for Restoration of Multifamily Housing under Superstorm Sandy Community Development Block Grant – Disaster Relief) for an age restricted community known as Heritage Village at Galloway.

A big thank you to all our staff, professionals, partners, investors, and friends who make what we do possible.

The Township of Ocean, Community Investments Strategies, and residents celebrate the grand opening of Heritage Village at Oakhurst

Heritage Village at Oakhurst Ribbon Cutting

Heritage Village at Oakhurst addresses the need for affordable senior housing and provides aging-in-place services.

OAKHURST, N.J. (June 16, 2017) – State, county, local officials, and residents joined Community Investment Strategies, Inc. (CIS), a recognized builder of award-winning multi-family housing communities throughout New Jersey, for a ribbon cutting ceremony to unveil Heritage Village at Oakhurst, an affordable age-restricted housing community in Ocean Township, Monmouth County

“CIS is pleased to add Heritage at Oakhurst to our growing family of senior communities in Ocean Township and Monmouth County,” said Christiana Foglio, CEO of CIS.  “We are also excited to announce our strategic partnership with RWJBarnabas- Monmouth Medical under Care Strategies, which will offer community health services right here in Oakhurst and at our sister properties in Monmouth County, including Heritage Village at Ocean.”

Addressing the audience, Assemblyman Eric Houghtaling spoke about the importance of affordable housing.  He said “our seniors should not have to leave New Jersey because they can’t afford to stay.  Having affordable options such as Heritage Village at Oakhurst means staying close to loved ones and being able to enjoy your golden years.

The four-story, 100,000 square-foot building is comprised of 93 one- and two-bedroom rental apartments and serves seniors age 55+ whose income is at or below 60% of Area Median Income ($39,480 for a one-person household).

The new construction, which replaces affordable senior homes in the area that were destroyed by flooding, incorporate specific resiliency design elements to prevent and address potential weather and disaster related events.  Apartment amenities include central heating and air conditioning, energy efficient appliances, high quality floors, LED lighting, washer/dryer hookups, high speed internet, intercom, and emergency pull cords.

The smoke free, pet friendly community features on-site management, 24-hour emergency maintenance, key fob entry, security cameras, on-site parking, and ample community space including a large community room, outdoor patio, library, lounge, computer room, fitness studio, and a wellness center.

Mayor Siciliano said “The persistence of Christiana Foglio has paid off in spades.  By bringing this project to the Township of Ocean, not only has she provided an affordable option for many of our local residents, she has provided something that has no price tag – the social benefit to many seniors once living alone, now has them thriving in an atmosphere, which is essential to all humans.  On behalf of our seniors and the Township of Ocean, I wish to thank Christiana and the CIS team for their diligence in bringing Heritage Village to our community.”

Senator Jennifer Beck and Assemblyman Eric Houghtaling each presented a framed resolution to CIS recognizing their work in providing affordable senior housing.

CIS has rapidly become a leader in senior independent and assisted senior services in Monmouth County.  Its expanded services now include a sister company ONORA health, providing a memory care residence in Ocean Township, as well as Care Strategies, offering assisted living services in all our senior facilities in Monmouth County.  CIS is a national leader is creating housing and health structures to keep seniors healthy and independent longer.

Financing includes HMFA Construction and Permanent Financing, Community Block Development Grant Disaster Recovery Fund for Multifamily Recovery, NJHMFA Special Need Housing Trust Funds, Monmouth County HOME Funds, and Township Of Ocean. Low Income Housing Tax Credit Equity is provided by Enterprise Community Investments.

 Speakers included Ocean Township Mayor Christopher P. Siciliano; Senator Jennifer Beck; Assemblyman Eric Houghtaling; NJHMFA Executive Director Anthony Marchetta; Monmouth County Freeholder Thomas A. Arnone; HUD Field Office Director Maria Maio-Messano.

Christiana Foglio Delivers Keynote Address to Douglass College Class of 2017

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On Saturday, May 13, 2017, the Douglass community gathered in Voorhees Chapel, Hickman Hall, and Trayes Hall to celebrate the achievements of the Douglass Class of 2017.

Alumna Christiana Foglio DC’84 gave the keynote address, asking graduates “what do they believe is possible,” and passing along several life lessons. Chris challenged the graduates to pass on their success to others, and shared how Douglass alumnae have encouraged and supported her throughout her career.

She is a very involved alumna, giving of her time and resources to help not only Douglass, but also Rutgers’ Bloustein School and the Cancer Institute of New Jersey. She places a priority on helping women who are facing challenges in their lives, from collaborating with single, working mothers on the design of low and middle-income housing developments, to helping breast cancer patients in their recovery.

Throughout her speech Chris encouraged the Class of 2017 to reflect on the Douglass legacy of education, achievement, and success, and reflect on how they will use their success. She left the new graduates with the parting challenge – “Today’s challenge is to never let yourself forget, that the true measure of a life well-lived, is not the number of things that you will leave behind, but by the number of lives that you will touch that will go on to touch the lives of others. So invest in encouraging one another. Dare to be your sister’s keeper…Things don’t make life better, people like you do.”

Reprinted from Douglass Spotlight