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As we step into 2026, ALCO is beginning an exciting new chapter. This year brings leadership transitions that honor the work that has brought us here and set the stage for where we are going next. Through all the changes, our commitment remains the same: we continue to focus on providing affordable, quality homes and…
Jun
01
2025
When Stewart Carlin began his career with Alco Management, it was the turn of the century. At the time, he was earning his MBA at the University of Memphis and joined the team as a financial analyst. "I had no real estate experience, but founder Frank Jemison said he could teach me," Stewart recalls. "I…
May
01
2025
As a longtime community manager for Alco Management, Deborah Bond knows that maintaining a thriving residential community takes both structure and heart. Over the years, she has embraced a firm yet compassionate approach, ensuring residents understand the rules and take pride in where they live. "They know not to mess around. They know the rules,"…
Nov
08
2024
Affordable housing is essential for ensuring everyone has access to safe and stable living conditions. If you’re new to the concept, this guide will help you understand the basics, including how to qualify, what Section 8 is, government subsidies, wait-lists, and the overall process. We’ll also touch on other affordable housing programs available. What is…
Nov
05
2024
Renting your first apartment is an exciting milestone, but it can also be overwhelming. Here are ten tips to help you navigate the process, especially if you’re using affordable housing or government-subsidized housing programs. Determine What You Can Afford Create a budget that includes rent, utilities, and other recurring costs. For those in affordable housing…
Aug
10
2024
We are thrilled to celebrate Leanne Murray, our esteemed Director of Compliance, on her 40th anniversary with Alco Management. Since joining the team in 1984, Leanne has been a cornerstone of our success. Her journey, marked by determination and an unwavering commitment to excellence, is a testament to her passion for this work. When Leanne…
Sep
14
2022
ALCO recently secured the funds to start a $12 million renovation of Breezy Point Apartments, a 49-year-old affordable housing community in Memphis, Tennessee, for low-income families. Construction will begin in September and will last about a year. Breezy Point is one of our great successes. ALCO built Breezy Point in 1973 with a plan to…
Aug
09
2022
On Tuesday, June 7, the Learning and Development, Marketing and RPM teams met to discuss ways to encourage new employees to learn the policies, processes and procedures for each job duty and task that they are responsible for completing. We collaboratively agreed that new employees should be provided a set number of hours after the…
Aug
04
2022
On July 26, 2022, ALCO secured the funds to start a $10 million renovation of Cathedral Place Apartments, a 47-year-old affordable housing community in Mobile, Alabama, for low-income elderly residents. Construction will begin in August and will last about a year. Memphis-based ALCO acquired Cathedral Place in 2019 with a long-term vision for preserving its…
Aug
01
2022
Thanks to partnerships with the YMCA and the State of Tennessee, we have been able to provide free lunch to children at several of our properties, including Corning Village, Battery Heights, Saints Court and Rolling Hills, this summer. Children are provided a healthy lunch complete with fruits and vegetables to help keep them full all…