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Affordable Housing

Related Affordable Housing

Building and supporting thriving communities

Affordable housing is a foundational element of Related Companies, with more than 55,000 affordable residences in cities across America.

Featured video: The Woodlands, Texas affordable community

Stories From Our Affordable Communities
Enhancing wellness

Related Affordable Foundation and nonprofit KABOOM! celebrated the creation of a kid-designed playspace at Southern Hills, which provides an active, social and safe place for kids to have fun and express themselves.

Nurturing communities

The Related Affordable Foundation, Related Midwest and After School Matters unveiled the “Love and Unity in the Community” mural at South Shore on The Park, a Related Midwest affordable development. The mural showcases the creativity and talent of 19 local teens from After School Matters, including 11 residents of South Shore on The Park.

Helping seniors thrive

Senior residents of Dayton, Ohio's fully renovated Biltmore Towers will now benefit from substantial upgrades to their residences and communal spaces, improving their quality of life for years to come.

Transforming lives

At The Harriet Tubman Building in Far Rockaway, Related partnered with Win to provide tailored social services that address individual medical and clinical needs, educational opportunities, job development programs and more.

What's Happening Around Our Affordable Communities
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Related California and BART break ground on the first phase of El Cerrito Plaza

On March 5, Related California and BART broke ground on the first phase of the El Cerrito Plaza BART Station development—a major milestone in delivering connected, affordable multifamily housing to the Bay Area. 

Phase I will deliver 70 affordable apartments to this former existing BART-owned and operated surface parking lot within El Cerrito’s Downtown District. By creating high-quality affordable homes directly on BART land, the El Cerrito Plaza development will increase transit ridership, reduce greenhouse gas emissions and ease the Bay Area’s acute housing shortage.

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Oceanport Gardens hosts Paint Day event for residents

In March, New Jersey affordable community Oceanport Gardens brought residents together for a fun afternoon of creativity and connection at Paint Day. Residents adorned canvases using watercolor paints and then took them home as keepsakes.

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Chicago's Marshall Field Gardens celebrates Black History Month with community programming

On February 17, the Marshall Field Gardens Community Center brought residents together for “Icons & Eats,” an interactive all-ages event honoring Black History Month with learning, culture and community engagement. Residents discovered the historical links between some of our most popular snack foods and the Black innovators who created them, participated in intergenerational dialogues about iconic Black figures, shared their own personal experiences and created memories with a vibrant photo backdrop that paid homage to Black culture. Thank you to all the residents who attended and help make this such an uplifting and enriching event!

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Willets Point Commons is bringing 100% affordable housing to Queens

On February 10, transformative affordable development Willets Point was featured in PIX11, joined by Related Companies EVP Frank Monterisi. Willets Point Commons, which presents 880 residences across two buildings along with public green space, is nearing completion in Queens and preparing for residents to move in starting this April. Beyond the vision to add 2,500 affordable homes and outdoor spaces to New York City, this development represents our commitment to shaping accessible neighborhoods where families can begin, grow and thrive. We look forward to welcoming our community this spring!

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Affordable housing was a great opportunity. It molded me into the person that I am today.
Kenya J. Conley
Marshall Field Garden Apartments former resident
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Our commitment to affordable housing

It's in our DNA

We started exclusively as an affordable housing developer in 1972, and today, we are one of the largest developers and preservationists of affordable and workforce housing in the country. Currently, we own and manage 55,000 affordable and workforce housing apartment homes and we are proud to have never converted a single unit of affordable housing to market rate.

Affordable Around the Country
Affordable Around the Country

On January 9, Related California, development partner Mercy Housing and local community members celebrated the grand opening of the Herz Recreation Center, San Francisco's first recreation center constructed from the ground up in over 25 years. Related California provided support to the Herz Recreation Center as part of the broader Sunnydale HOPE SF initiative to transform the Sunnydale-Velasco public housing community into a vibrant mixed-income neighborhood.

Affordable Around the Country
Affordable Around the Country
Related Affordable unveils revitalized affordable residences in Tennessee

Related Affordable has completed comprehensive renovations at its first three preservation projects in Tennessee: Cumberland Crossing, Midtown Estates and Horizon Square Apartments. Related Affordable has provided residents with modernized apartments and upgraded common spaces, and most importantly, they have preserved each community's long-term affordability for years to come.

Affordable Around the Country
Affordable Around the Country
Rehabilitation of Avon Towers in Michigan

Related Affordable has completed the rehabilitation of 125-unit Avon Towers in Rochester Hills, MI. The renovation enhances quality of life while preserving long-term affordability for senior residents. Residents can now enjoy their refreshed apartments, along with a brand-new patio space, an upgraded community room and a refreshed library. In partnership with the Related Affordable Foundation, the nonprofit Adapt: Community Supported Ecology has also enriched the property’s gardens with more than 50 native plants.

Affordable Around the Country
Affordable Around the Country
Rehabilitation of Hacienda Del Rio Apartments

Marking its first affordable project in Arizona, Related Affordable has completed the rehabilitation of Hacienda Del Rio Apartments in Phoenix. The 146-unit senior residence now combines preserved affordability with quality-of-life enhancements, including remodeled homes, community room, outdoor workout equipment and an outdoor sculpture walk created in collaboration with local artist Jeff Zischke.

Affordable Around the Country
Affordable Around the Country
Related Affordable renovates Tompkins Terrace in Beacon, NY

Related Affordable has unveiled the transformation of Tompkins Terrace, a 193-unit affordable residence located in Beacon, NY. The renovation has preserved the affordability status of this community for years to come, while enhancing its residents’ quality of life with remodeled units, common areas, landscaping and new amenities, including a community room, fitness center, a playground and free internet across the complex.

Affordable Around the Country
Affordable Around the Country
Related Affordable's commitment to supporting affordable communities

Preserving affordability while improving the lives of our communities is a key goal for Related Affordable, a foundational part of Related Companies. Learn more about Related Affordable's important work in this video, which focuses on the comprehensive rehabilitation of Somers Point Apartments.

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Art at Affordable Program

Related Affordable weaves artwork into residents' daily lives

Related Affordable recognizes that artwork has the ability to uplift and empower individuals and their communities. This has resulted in a program that brings contemporary artwork into Related's affordable residences, inviting creatives to share their vision with residents in a lasting and impactful way. By working with local artists and incorporating residents' feedback, Related Affordable's program sets out to improve residents' wellness and to involve them in the creative conversation. Explore some of the most recent artistic collaborations below.

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Meet the Team

Frank Monterisi named to NYBJ's list of "People to Watch in 2026"

Related Executive Vice President Frank Monterisi has been honored as one of New York Business Journal's "People to Watch in 2026," selected for his leadership and influence on the Willets Point affordable development in Queens. Once completed in 2027, the transformative community will introduce 2,500 100% affordable homes to New York City as the largest affordable development in 40 years, as well as a new public school, more than 150,000 square feet of open public space, a brand new hotel and a 25,000-seat soccer stadium.

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Investing in your resident services is investing in your community.
Tracy Canepa
Director of resident services, Foundation for Affordable Housing
Cultivating Thriving Communities
Related Affordable Foundation and Milwaukee Zoo partnership offers enrichment and opportunities
Cultivating Thriving Communities
River Pointe Apartments community celebrates new playspaces
Cultivating Thriving Communities
Ocean Park Apartments student awarded college scholarship
Related in the Community
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Related in the Community

In 2025, Related Affordable Foundation awarded more than $100,000 in scholarships to 24 residents of affordable communities across the country, including nine returning scholarship recipients. Each year, the RAF Scholarship Program invites high school seniors to apply, aiming to reduce financial barriers and support students with post-secondary aspirations.

Related in the Community
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Related in the Community
Related Affordable Foundation and Charlia Frank host holiday gathering with Rip Van Winkle residents

In December, Related Affordable Foundation partnered with creative learning nonprofit Charlia Frank to host a holiday event at NY’s Mid-Hudson Discovery Museum. Residents of Rip Van Winkle gathered to enjoy a festive meal and received a special visit from Santa, who delivered 75 gifts for children of all ages.

Related Affordable in the Community
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Related Affordable in the Community
Related Affordable Foundation and Miracle City Church host coat drive at Shoreline Plaza

On November 20 and 23, Related Affordable Foundation partnered with Miracle City Church to organize a winter coat drive serving residents of Minneapolis' Shoreline Plaza and local community members in need. Miracle City volunteers distributed 200 coats, as well as hats and gloves, while also providing Thanksgiving food baskets to support holiday meal preparation.