Third-Party Property Management for Market-Rate and Affordable Multifamily and Senior Communities

LIHTC, tax credit, and market-rate property management across Wisconsin, Iowa, and Illinois

40+

Years Experience

3,500+

Units Managed

97.6%

Occupancy

65

Properties

28

Cities

1700+

Third-Party Compliance Units

— WHO WE ARE

Horizon Management Services

Horizon Management Services, Inc. is a certified Woman-Owned Business Enterprise (WBE) providing third-party property management and LIHTC compliance services across Wisconsin, Iowa, and Illinois. Since 1984, Horizon has managed multifamily communities, affordable housing developments, and market-rate residential properties throughout the Midwest. As the property management division of Horizon Develop Build Manage, Horizon offers a vertically integrated approach — combining development, construction, and management expertise under one roof. Today, our team of 85+ real estate professionals manages a portfolio of over 3,500 housing units across 65 properties with a 97.6% occupancy rate.

— WHAT WE DO —

Our Services

LIHTC & Tax Credit Property Management

Full-service management for Low-Income Housing Tax Credit properties, including Section 42 compliance, tenant certification, annual reporting, and state housing finance agency coordination.

LIHTC Compliance Services

File reviews, compliance audits, tenant income certification, and regulatory reporting for LIHTC and HOME programs.

Affordable Housing Management

Property management for affordable housing communities funded through tax credits and blended financing structures.

Financial Analysis & Accounting

Operating budgets, variance reporting, owner distributions, accounts payable/receivable, and monthly financial packages.

Leasing & Marketing

Market analysis, lease-up strategies, tenant screening, and ongoing occupancy optimization.

Building & Grounds Maintenance

Preventive maintenance programs, capital planning, vendor management, and 24/7 emergency response.

— OUR REGIONS —

Where We Serve

Wisconsin

Madison, Milwaukee, and communities across the state.

Iowa

Dubuque, Davenport, and communities across the state.

Illinois

Rockford, Chicago suburbs, and communities across northern Illinois.

— OUR EDGE —

Why Horizon

Certified Woman-Owned Business

Wisconsin WBE certified. Diversity-certified vendor for owners and developers seeking WBE partners.

40+ Years of Experience

Founded in 1984. Over $2 billion in development and construction. 96+ residential projects completed.

Vertically Integrated

Development + Construction + Management under one company. Owners benefit from our full lifecycle perspective.

97.6% Occupancy

Consistent performance across market-rate and affordable portfolios.

Deep LIHTC Expertise

Tax credit compliance, Section 42, HUD, and state housing finance agency experience across three states.

— MANAGE WITH HORIZON —

Our Process

01

Understanding Your Assets

We analyze your property, ownership structure, financing, and compliance requirements.

02

Industry Experience

Nearly 40 years of property management, LIHTC compliance, and multifamily expertise put to work.

03

Comprehensive Management

Compliance, financial, leasing, marketing, and maintenance services under one team.

04

Peace of Mind

Professional on-site management and proactive communication so owners and residents both benefit.

— FEATURED PROJECT

ELLIS POTTER

Location: Madison, WI
Units: 54 senior apartments + 11 townhomes (65 affordable units)
Type: Affordable senior & multifamily housing
Horizon’s Role: Developer + Builder + Manager

Ellis Potter is an affordable residential community offering 65 units, including a 54-unit apartment community for residents 55 and older and 11 three-bedroom multifamily townhomes. Developed, built, and managed by Horizon, the community features a community room with a kitchen, a fitness center, and ample parking.

40+

Years Experience

3,500+

Units Managed

97.6%

Occupancy

65

Properties

28

Cities

3

States

— COMMON QUESTIONS —

Frequently Asked Questions

Third-party property management is when a property owner hires an outside company — like Horizon Management Services — to handle the day-to-day operations of their property. This includes leasing, maintenance, financial reporting, compliance, and resident relations, allowing owners to focus on their investment strategy while professionals manage the asset.

A LIHTC compliance property manager ensures that Low-Income Housing Tax Credit properties meet all Section 42 requirements. This includes tenant income certification, annual reporting to state housing finance agencies, file audits, and maintaining occupancy requirements to protect the owner’s tax credit allocation.

Yes. Horizon Management Services manages properties across Wisconsin, Iowa, and Illinois. Our regional expertise spans affordable housing, LIHTC, and market-rate communities throughout the Midwest.

Yes. Horizon Management Services, Inc. is a certified Woman-Owned Business Enterprise (WBE) through the Wisconsin Women-Owned Business Enterprise program. We are a diversity-certified vendor for owners and developers seeking WBE partners.

Horizon manages multifamily apartments, affordable housing communities, LIHTC/tax credit properties, senior housing, townhomes, and mixed-use developments. Our portfolio includes both market-rate and income-restricted communities.

Our dedicated compliance team manages all aspects of LIHTC and tax credit compliance, including tenant income certifications, file reviews, regulatory reporting for HUD and Rural Development programs, and coordination with state housing finance agencies across Wisconsin, Iowa, and Illinois.

Ready to Talk Property Management?

Whether you need full-service property management, LIHTC compliance support, or a partner for your next affordable housing development, we’re ready to help.

📞 (608) 354-0900

We’ve Moved!

Our office is now at
2810 Walton Commons Ln,
Madison, WI 53718.