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. Stories From Our Affordable Communities Supporting the next generation At Oakland’s Morh Apartments, our team works with the Foundation for Affordable Housing to offer after-school enrichment to youths in need, including providing homework help and healthy snacks. Launching a career with Related For one resident who grew up at Overlook Apartments in New York, an opportunity to help his building’s super led to an inspiring 31-year career with us. Helping seniors thrive At Northgate Terrace in Oakland, a grant supporting senior activities includes a lunch and exercise program, bingo nights and twice-monthly activity excursions around the city. Developing community and culture Residents of Skyview Downtown in Massachusetts experienced their building’s renewal with revived apartment interiors, activities connecting them to other residents and a vivid mural celebrating them and their cultures. What's Happening Around Our Affordable Communities Related Midwest and Related Affordable Foundation partner with nonprofit Bookwallah Related Midwest and Related Affordable Foundation have joined forces with Chicago nonprofit Bookwallah to spread the power of reading to local affordable property residents. With a mission to help children around the world heal from trauma, Bookwallah introduces them to books with in-person reading sessions and "Magic Crates" filled with inspiring books on a diverse range of topics. Bookwallah has held readings and has introduced Magic Crates to three Related affordable residences, leaving a lasting impact on our youngest residents. Read the Article Pocket Homes introduces Addiscombe Grove CR0 residence in London On May 7th, Addiscombe Grove CR0 in London's East Croydon neighborhood launched for qualified first-time home buyers who either live or work in the city. Addiscombe Grove's one-bedroom homes are available for purchase with prices set 20% lower than the market rate. Each well-appointed home also includes access to welcoming communal spaces like the ground-floor lounge, workspaces, wellness room and multiple gardens for relaxation and socializing with neighbors. Learn More Related California and Burbank Housing host construction tour of 3575 Mendocino Avenue On May 4th, Related California and partner Burbank Housing led a construction tour providing a sneak peek of 3575 Mendocino Avenue in Santa Rosa to Congressman Mike Thompson, Representative of California’s 5th Congressional District; Fiona Ma, California State Treasurer; and others. Formerly the Journey’s End Mobile Home Park that was tragically destroyed in the 2017 Tubbs fire, when completed, 3575 Mendocino Avenue will provide 162 affordable residences to low-income seniors and will be one piece of the mixed-income development featuring 532 units. Related and JASA open first CareMax in NY, a community health center for low-income seniors In partnership with CareMax and The Jewish Association Serving the Aging (JASA), Related is proud to announce the opening of New York's first CareMax location on April 26th in Brownsville, Brooklyn. The community health center will provide comprehensive, community-based care in one convenient location serving 30,000 local seniors offering in-house health specialists, social services, transportation, wellness activities, healthy meals and more. Related is advising CareMax on identifying locations that will benefit affordable senior housing communities nationwide, helping provide essential services that will allow seniors to live longer and healthier lives. “ Affordable housing was a great opportunity. It molded me into the person that I am today. ” Kenya J. Conley Focus Fairies Mentoring founder / Marshall Field Garden Apartments former resident 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 900 Randolph breaks ground in Chicago Together with LR Contracting Company and Bowa Construction, Related Midwest broke ground on 900 Randolph in Chicago on November 4th. When completed, 900 Randolph will introduce 300 residences to the Fulton Market neighborhood—with 20 percent to be designated as affordable. Learn More Affordable Around the Country Affordable Around the Country Related Northwest celebrates Cedar Commons' grand opening Co-developed by Related Northwest and non-profit Central City Concern, Cedar Commons has opened in East Portland, offering permanently-supportive housing to some of the most vulnerable local residents. Central City Concern will also provide residents with on-site services such as mental health services and employment support and training. Learn More Affordable Around the Country Affordable Around the Country Affordable development Willets Point breaks ground in Queens On Wednesday, June 16th, the city officially broke ground on the environmental cleanup efforts needed for the Willets Point redevelopment in Queens. The project is being undertaken by a pair of developers called Queens Development Group, which includes Related Companies and Sterling Equities. Affordable Around the Country Affordable Around the Country Celebrating 30 years of creating visionary developments at Related California With over 15,000 residential units and over 41 million gross square feet of development throughout California, we have worked directly with community leaders and partners to transform urban life. Affordable Around the Country Affordable Around the Country A place to call home in Chicago Kenya J. Conley, a resident of Marshall Field Garden Apartments for ten years, speaks about her love for the area and how it helped her grow up. When she needed it most, Kenya was able to make a home here, and has been able to give back to the community through her involvement in Focus Fairies Mentoring. Affordable Housing Around the Country Riverwalk Park Media New York Westminster Village Media Massachussetts Citrea Media California Campbell Terrace Media Chicago “ Investing in your resident services is investing in your community. ” Tracy Canepa Director of Resident Services, Foundation for Affordable Housing Meet Our Residents: Marine Terrace A marine veteran puts down solid roots for his family’s legacy Meet Our Residents: Alms Hill Apartments A resident rallies her neighborhood to save a historic building Meet Our Residents: Marshall Field Garden Apartments Art on Sedgwick brings together the community to foster creativity and make art An Inside Look An Inside Look Pocket Living is helping London locals find a new route to homeownership With a mission to help millions of young lower- to middle-income Londoners who are essential to the city’s economy, Pocket Living serves locals who cannot afford to buy a market rate home and don’t qualify for traditional affordable housing. Pocket Homes are discounted 20% below market value, and eligible purchasers are defined by their income levels, as well as where they live and work. Read the Blog Post An Inside Look An Inside Look Pocket Living: West Green Place West Green Place is Pocket Living's first community in the heart of London’s Haringey neighborhood, featuring 126 homes and a new community center. One of the residents, Kezia, is a clinical psychologist local to Tottenham who has always wanted to live and be connected to the community that she works in. Read the Blog Post An Inside Look An Inside Look Modern modular construction leads to faster home delivery and less waste By embracing modular construction practices, Pocket Living is able to build affordable homes at a faster rate than what’s possible with traditional construction, as well as reducing overall environmental impact and disruption to the surrounding community. Read the Blog Post An Inside Look An Inside Look Find a home with a built-in sense of community Every Pocket Living development offers residents plenty of opportunities to get to know their neighbors—from move-in welcome parties to shared amenity spaces to management committees that allow residents to determine the future of their buildings. Read the Blog Post An Inside Look An Inside Look Meet Cherise of West Green Place Cherise never dreamed of owning a house in the heart of London—until she learned about Pocket Living and its focus on helping first-time buyers land the home of their dreams at a discounted rate. Read the Blog Post An Inside Look An Inside Look Pocket Living's Harbard Close IG11 integrates sustainable features to make homes more efficient Located in East London, Harbard Close presents 78 one-bedroom homes only available for first-time homeowners. The development prides itself on enhanced sustainability features, helping residents lower their utility bills and reduce their environmental footprints. Read the Blog Post An Inside Look An Inside Look Pocket Living’s award-winning Mapleton Crescent combines spacious design with a communal atmosphere Mapleton Crescent offers 53 one-bedroom homes available only to qualified first-time local buyers and 36 two- and three-bedroom market rate Pocket Edition homes. Designed by architecture firm Metropolitan Workshop, the 27-story building has a striking turquoise terracotta exterior and a distinctive triangular core, and has won multiple awards for both its design and social impact. Read the Blog Post An Inside Look An Inside Look Pocket Living offers resale program for first-time home buyers For Londoners interested in owning a Pocket Home but who can’t find one in their neighborhood, Pocket will help connect them to available resale homes. All Pocket resale homes keep their affordable status, as they’re only offered to local first-time buyers who make under a certain income level. Learn More An Inside Look An Inside Look Meet Emma, a resident of Pocket Living's Harbard Close 26-year-old dancer Emma was looking for a more permanent place to settle down. She soon discovered Pocket Living and the opportunity to buy her own home in London at a 20% discount, and thought it was too good to be true—until she learned that she qualified as a first-time home buyer. Read the Blog Post Affordable Development Opportunities Reach out to our affordable development team to discuss portfolio acquisitions and development opportunities across the country. Connect with Us Our Community Partners The Actors' Fund Walnut Hills Redevelopment Foundation Jericho Project Focus Fairies Mentoring Foundation for Affordable Housing Art on Sedgwick Related Affordable Housing in the News CareMax opens new Brooklyn location New York Business Journal April 27, 2022 Read More New affordable housing project breaks ground in Sunnyvale KRON4 March 25, 2022 Read More Partnership with real estate developer brings Woodlawn community center step closer to fruition Chicago Sun-Times March 10, 2022 Read More JV plans Oakland project with upwards of 600 affordable homes The Real Deal January 11, 2022 Read More More News Affordable Housing Inquiries Reach out to our affordable housing team who can help direct you to application information for affordable housing opportunities across the country. Unit sizes vary from building to building; rents and income requirements and limits vary as well and are subject to change. Inquire
