The National Association of Home Builders (NAHB) announced that Andrew M. Chaban of Andover, Mass., has been elected as chairman of the NAHB Multifamily Council. Chaban is the Chief Executive Officer of Princeton Properties, which acquires, builds, renovates, leases and manages apartment communities and corporate furnished apartments.
Currently, Princeton Properties owns and manages more than 6,000 apartment homes for rent in Massachusetts, New Hampshire, Maine and Georgia. Andrew M. Chaban is considered to be one of the foremost industry experts in the field of rehabilitation and management of multifamily rental housing. “The multifamily market is a critical component in the overall home building industry, and I will work to make sure our voice is heard,” said Chaban. “I look forward to working with my fellow multifamily developers on the many important issues facing our industry today.” Chaban is the past president of the Northeast Builders & Remodelers Association of Massachusetts, and is also a board member, public policy committee member and a past state representative to NAHB for the Home Builders & Remodelers Association of Massachusetts. Chaban currently serves as an executive board member, a life director and investments committee chairman for NAHB. Chaban is the founding chairman of the Housing Credit Certification Board, responsible for credentialing tax credit compliance professionals. Chaban is also the past president of the Rental Housing Association of the Greater Boston Real Estate Board and a member of Tufts University trustee building and grounds committee. He was chosen as one of the “125 Leaders Making a Difference” by Banker & Tradesman of Boston and was the recipient of the B’nai Brith Man of the Year award.