Related Affordable Building and supporting thriving communities Affordable and Workforce Housing is a foundational element of Related Companies, with more than 65,800 affordable residences in cities across America. 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. Learn More 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 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. Related Northwest breaks ground on next phase of Oregon's Hillside Park community On July 27, Related Northwest team members and development partner Centro Cultural joined the Clackamas County Housing Authority, Metro and Oregon Housing & Community Services (OHCS) for a groundbreaking celebration at affordable community Hillside Park. The next phase of construction on this 14-acre redevelopment will introduce 164 affordable residences with access to on-site services, creating much-needed affordable housing in Clackamas County, Oregon. Related to begin comprehensive renovation of Loring Towers in Salem, MA Related Beal and Related Affordable, in partnership with the Commonwealth of Massachusetts and MassHousing, announced a plan for the comprehensive renovation of Loring Towers, a 250-unit affordable housing community in Salem, MA, originally built in 1974. The $38 million renovation will preserve the community's long-term affordability while delivering significant upgrades for residents. Expected to be completed by 2028, the project includes fully renovated apartment units, a new basketball court and a playground. Read More Related to preserve and expand affordable housing at NYC's Tribeca Park residences Related Companies and The Battery Park City Authority have extended affordability protections at Tribeca Park, preserving 81 affordable homes and creating additional affordable housing opportunities over time. The agreement increases the building’s affordable housing share from 20% to 25% and reinforces long-term commitments to housing accessibility, sustainability and community investment.“Battery Park City stands as one of New York City’s most successful mixed-income communities, and Related has been honored to be part of its evolution for more than four decades,” said Bruce A. Beal, Jr., president of Related Companies. “Maintaining and expanding affordable housing is critical to the city’s long-term economic strength and quality of life." Read More “ 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 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 Celebrating new housing milestones at Willets Point in Queens 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. Learn More 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. 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. Read More “ 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 Select Community Partners The Actors' Fund Walnut Hills Redevelopment Foundation Jericho Project Foundation for Affordable Housing Related in the Community 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. Related in the Community Related in the Community Related Affordable partners with local organizations to distribute food and essentials to residents Since 2024, Related Affordable has partnered with The People’s Program to facilitate twice-monthly food and essentials distributions to residents of MORH 1 and Oak Center, two affordable communities in Oakland, CA. In 2026, the initiative grew through partnerships with P.L.A.Y. and the Alameda County Community Food Bank, expanding residents' access to fresh food and vital resources and helping them meet everyday needs.
