The Peabody Companies, a group of award-winning property management and real estate firms announces, creation of the Subsidy Administration & Software Department.

The new division will retain oversight of and responsibilities for software support related matters, as well as subsidy administration for federal programs and major subsidy receivable issues.

Doreen Donovan of Saugus, Massachusetts, has been named vice president of the new department. Donovan has been a member of the Peabody Companies team since 2012 and is the recent recipient of both the New England Affordable Housing Management Association (NEAHMA) Legacy Award and the Lifetime Achievement Award from the Institute of Real Estate Management® (IREM) Boston Metropolitan Chapter No. 4.

“We are excited to announce creation of our new Subsidy Administration & Software Support Department,” said Melissa Fish-Crane, principal and CEO of the Peabody Companies. “Staying current with the technology that is vital to our operations and overseeing the many subsidy programs we are part of requires great proficiency; without question, Doreen is the ideal person to lead this new division.”