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 Breaking a world record to benefit veterans We are proud to congratulate Luke Forelle, an associate in the Affordable group, for breaking a world record on July 14th. Since July 5th, he has run 460 miles across Iceland in 9 days, 7 hours and 36 minutes, beating the record by 1 day, 6 hours and 5 minutes, and has raised over $30k funds for Homes for our Troops (HFOT). From now through July 30th, Related will provide a double match on all employee donations made to HFOT in support of Luke’s efforts. Learn More Related and CareMax partner to develop senior health centers in underserved communities We are happy to announce an important partnership with CareMax. “At Related, we aspire to innovate ways to enhance the quality of life for all of our residents and the communities we serve,” said Bryan Cho, Executive Vice President of The Related Companies LP. “Quality healthcare is essential for all communities to thrive. We chose CareMax as a partner to help expand their reach because their fully integrated model is uniquely positioned to address the systemic issue many low-income seniors face.” Read the Article Changing the community with affordable housing In April 2021, Related closed on the preservation of Loring Towers, a 230-unit affordable housing property in downtown Minneapolis. The renovations will not only have a positive impact on residents, but on the neighborhood and surrounding community. Watch the Video A groundbreaking for Rose Hill Courts in LA Earlier this month, a groundbreaking ceremony held to start construction on the redevelopment expansion of the Rose Hill Courts, one of the oldest public housing complexes in the City of LA, a public housing project that housed World War II defense workers. The City and Related will begin replacing the 100 existing units with 185 new residences, including 183 affordable units, and two market rate managers' units. Learn More “ 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. Spotlight on: Related Northwest Spotlight on: Related Northwest Portland’s Cedar Commons celebrates 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. Spotlight on: Willets Point Spotlight on: Willets Point Affordable development 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. Spotlight on: California Affordable Housing Spotlight on: California Affordable Housing Celebrating 30 years of creating visionary developments 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. Spotlight on: Chicago Affordable Housing Spotlight on: Chicago Affordable Housing A place to call home 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. Spotlight on: Chicago Affordable Housing Spotlight on: Chicago Affordable Housing Creating jobs in the Windy City Our arrival to the Chicago area changed attitudes and created job opportunities for young individuals in the community. Partnerships with West Side Transformation and Community Play Lot Builders are helping transform neighborhoods, where the next generation of residents can grow. Spotlight On: Chicago Affordable Housing Spotlight On: Chicago Affordable Housing Connecting through the power of art At Art on Sedgwick, members of the Chicago community come together to foster creativity and make art in an open environment where you can interact with your neighbors. “ 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 Affordable Housing Around the Country Riverwalk Park Media New York Westminster Village Media Massachussetts Citrea Media California Campbell Terrace Media Chicago 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 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. Learn More 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. Learn More 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. Learn More 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. Learn More 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. Learn More An Inside Look An Inside Look Now available: Harbard Close Located in East London steps away from Barking’s town center and convenient transportation options, 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 footprint. Learn More 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 Construction kicks off for Rose Hill Courts redevelopment URBANIZE June 24, 2021 Read More Why Related Cos. is buying affordable senior residences from diocese in downtown West Palm Palm Beach Post February 11, 2021 Read More Related scoops up affordable apartments on Lower East Side for $424m Crain's New York Business January 05, 2021 Read More Holly House affordable apartment complex in Asbury Park getting renovated Asbury Park Press October 05, 2020 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
