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Affordable Housing

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Our commitment to affordable housing

It's in our DNA

It is our bedrock belief that everyone deserves a quality home. Related started exclusively as an affordable housing preservationist in 1972 and today is one of the largest developers, financiers and preservationists of affordable and workforce apartments in the country. Currently, Related owns and manages over 65,800 affordable and workforce apartments and is proud to have never converted a single unit of affordable housing to market rate. Affordable housing laid the foundation of what the company is today, and its broad portfolio of award-winning affordable and mixed-income developments demonstrate the company’s ongoing commitment to acquire, rehabilitate and preserve affordable housing.

Related Affordable

To understand affordable housing, discover career opportunities with our team or to become a resident, please visit RelatedAffordable.com.

Stories From Our Affordable Communities
Expanding access

Queens Development Group (Related Companies and Sterling Equities) introduced 880 brand new affordable homes at Willets Point Commons in Queens, creating housing, open space, opportunity and a vibrant new neighborhood for New Yorkers.

Nurturing communities

Related Affordable completed the rehabilitation of 146-unit senior residence Hacienda Del Rio Apartments in Phoenix, combining preserved affordability with quality-of-life enhancements, including remodeled homes, a community room, outdoor workout equipment and an outdoor sculpture walk created in collaboration with local artist Jeff Zischke.

Enhancing wellness

Related Affordable Foundation and nonprofit KABOOM! celebrated the creation of two kid-designed playspaces at River Pointe Apartments in Riverhead, NY, launching safe and active places for kids to play and bringing joy to the community for years to come. 

Transforming lives

Thanks to the shared commitment of Related Affordable and community partners, such as the YMCA of Greater Houston, four neighboring communities in The Woodlands, Texas are not just preserved, but thriving—more than four years after renovations were completed and preservation status secured.

What's Happening Around Our Affordable Communities
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400 Lake Shore Drive prioritizes Chicago's creatives with historic housing initiative

Related Midwest residence 400 Lake Shore Drive was featured in Newcity Design for setting a new housing precedent for the city's creative community. The 72-story lakefront tower will be Chicago's first downtown luxury rental to give preference to qualified artistic and creative workers, offering 127 income-restricted homes for households making no more than 50% of the area median income. 

Related Midwest President Curt Bailey stated, “Chicago’s creative community is the soul of this city, and we’re proud to help create a housing opportunity for those who contribute to the culture, energy and character of Chicago’s neighborhoods. Providing attainable housing in a building whose design and location are inspiring in their own right is one way we can help them thrive.”

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Willets Point neighborhood transformation featured on NY1

A few months after Willets Point Commons welcomed its first residents, Willets Point continues to take shape as one of New York City's most significant mixed-use developments. Developed by Queens Development Group, a joint venture between Related and Sterling Equities, in partnership with the City of New York, the neighborhood will deliver approximately 2,500 affordable apartments, a new public school and NYCFC's future stadium, helping transform a once underutilized site into a vibrant new neighborhood. Watch the Spectrum News NY1 story to see the progress and vision behind this transformative project.

Watch the Video
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Manhattan Plaza hosts Open Mic & Poetry Night

On August 4, NYC affordable community Manhattan Plaza brought residents together in the Ellington Room for an engaging evening of live performances by their neighbors. The Open Mic & Poetry Night invited residents to share their stories and creativity, with a total of 19 participants sharing their unique voices and perspectives with a room of friendly faces. Thank you to everyone who made this such a special night!

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Montgomery Gateway residents co-create vibrant mural for their community

On July 22, residents of Montgomery Gateway in Jersey City, NJ were invited to participate in the creation of a colorful mural for community room. The mural was shaped by the residents themselves: their pride in Jersey City, their neighborhoods and the place they call home. Guided by artist Julien Gardair, the community was invited to take part directly, adding color, detail and their own mark to the finished piece.

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
Affordable Around the Country
Affordable Around the Country
Preservation in Dayton, Ohio

Related Affordable has completed the comprehensive rehabilitation of six affordable communities across the Dayton, Ohio region: Asbury Apartments, Albright Apartments, Kinsey Greene Apartments, Northcrest Gardens, Pinewood Gardens and Mad River Manor. Residents can now enjoy completely refreshed apartments, modernized community spaces, upgraded windows and improved exteriors.

Affordable Around the Country
Affordable Around the Country
Related Affordable unveils full renovations at Riverview Bend and Fox Hill Apartments in Missouri

Riverview Bend and Fox Hill Apartments—two multifamily communities recently acquired and preserved by Related Affordable in Missouri—are helping ensure long-term housing stability for their residents. These communities have undergone extensive renovations, creating work opportunities for numerous local contractors and subcontractors while investing back into the surrounding area.

Affordable Around the Country
Affordable Around the Country

On May 18, Queens Development Group (Related and Sterling Equities) alongside our partners at City Hall, NYC Department of Housing Preservation & Development, New York City Housing Development Corporation, New York City Economic Development Corporation, Wells Fargo and Goldman Sachs celebrated the opening of 880 affordable homes at Willets Point Commons. We also broke ground right next door on 220 affordable homes for seniors.

Affordable Around the Country
Affordable Around the Country
Terry Manor Apartments: Affordable Senior Living Renovation

In this video, we highlight the recently completed renovation of Terry Manor Apartments, an affordable senior living community adjacent to the USC campus in Los Angeles. Residents have been welcomed into fully renovated apartments, enhanced common areas featuring a curated art collection and thoughtfully designed green spaces that foster connection and well-being. Through our partnership with Rainbow Housing, a national organization dedicated to resident services and supportive programming, the community also benefits from resources that help residents thrive both at home and beyond.

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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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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
Related Affordable supports National Night Out with events across the portfolio

On August 4, Related Affordable residences around the country hosted events in collaboration with National Night Out, working with local police, first responders and elected leaders to foster a strong sense of local community. Our residents participated in cookouts, block parties, games for kids and spending quality time outdoors with friends and neighbors. Thanks to everyone who made these celebrations possible!

Related in the Community
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Related in the Community
Next Builders Showcase celebrates teens' accomplishments and paves way for future careers

On July 27, Chicago's Next Builders summer program concluded with a showcase event where local teens presented their entrepreneurial projects and summed up their experiences exploring careers in construction, infrastructure and community development. Offered by After School Matters and nonprofit HIRE360, with support from Related Affordable Foundation, the paid program included professional skill development and field-based learning initiatives.

Related in the Community
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Related in the Community
Kids summer camp at Manhattan Plaza

This summer, NYC affordable community Manhattan Plaza is bringing together children ages 6 to 13 for an enriching summer camp program. Children are enjoying a summer camp experience filled with friendship, creativity and adventure. From swimming and sports to music, arts & crafts, games and more, each day is packed with opportunities to learn, play and make lasting memories.