January 14, 2008 (Reston, VA) — The National Association of State and Local Equity Funds (NASLEF) has selected Drohan Management Group (DMG) as the organization's new service and support team. DMG will provide full-service management for the group.

NASLEF was formed in 1994 with the mission of promoting more efficient management of state and local equity funds. NASLEF aims to provide a greater understanding of the Low Income Housing Tax Credit (LIHTC), as well as promote the fellowship and development of its professional member associations. For more information about NASLEF, visit www.NASLEF.org.

"We look forward to helping the National Association of State and Local Equity Funds continue its mission of bringing together professionals from the equity field and promoting awareness of their industry," said Bill Drohan, President of DMG. "Our staff is dedicated to providing the members of NASLEF with the professionalism and excellent services that DMG's clients have come to expect over the years."

DMG is a full-service Association Management Company based in Reston, VA. DMG has been in business for over 20 years, and its executives have over 200 years of combined experience in the association field. DMG has a staff of 40 and manages 20 national and international organizations on both a full-service and project basis. For more information about DMG, visit www.drohanmgmt.com.