Braintree, MA and Cranston, RI (January 23, 2026) – The Peabody Companies, a group of award-winning property management and real estate firms now celebrating its 50th anniversary, is pleased to announce that Alexandra Melendez of Cranston, Rhode Island, has passed the Specialist in Housing Credit Management (SHCM) exam and will soon receive her official designation from the National Affordable Housing Management Association (NAHMA).

The SHCM certification was established by NAHMA for management professionals involved with properties developed and operated under the Low Income Housing Tax Credit (LIHTC) program. The SHCM accreditation certifies that Melendez has attained the knowledge, experience and competence required to excel in the housing credit property management industry.

Melendez, who joined The Peabody Companies in March of 2024, is an assistant property manager at One Neighborhood Builders in Providence, Rhode Island.

“It is a pleasure to extend our congratulations to Alexandra on her professional achievement,” said Erin Simas, learning and development manager with The Peabody Companies. “Studying for and passing the SHCM requires great dedication and time commitment; we are certain that this designation will open the doors to additional opportunities for Alexandra.”