Lincoln Military Housing announced the creation of the first Employee Stock Ownership Plan (ESOP) in the military housing industry, giving its employees, many of whom are military-affiliated, an ownership stake in the company.

The MHA member company will transition to a new name, Liberty Military Housing, forming the largest property management ESOP in the country.

“We are proud of our 20-year history as Lincoln Military Housing and have always been dedicated to upholding the values and integrity associated with the name,” said Philip Rizzo, CEO/COO of LMH. “We are excited to adhere to those same guiding principles under our new name, Liberty Military Housing, and new employee-owned structure, for the benefit of our families and all of our dedicated team members.”

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