Affordable housing combined with neighborhood programs creates livable communities.
Affordable housing is most viable with a mixed-income population, which provides role models for upward mobility and financial stability for building operations.
A critical mass of buildings and apartments allows our development activities to make a significant impact on a given neighborhood.
Buildings that we own must be immaculately maintained and secure.
Diversity in our buildings is encouraged through marketing outreach.
Rental income must cover the cost of operations in all our buildings, including some funding for community programs.
Through affiliates, we currently own 33 buildings with 1,777 apartments. Our newest development, Semiperm, is providing formerly homeless single parent families with supportive housing that prepares them for independent living. The completed buildings in our portfolio are well maintained by management agents and our professional staff, and are economically successful because of careful budgeting.
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