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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
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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400 Lake Shore Drive makes history as Chicago's first affordable residence with a preference for cultural workers

Related Midwest has announced that the affordable housing waitlist for 400 Lake Shore Drive will open on July 28. The development will bring 635 new residences to downtown Chicago, including 127 affordable homes with preference categories for artists and cultural workers, alongside veterans and working families. 

As Chicago’s first downtown residential tower to include creatives among its affordable housing preference categories, 400 Lake Shore Drive reflects a commitment to supporting the people who help shape the city’s culture, energy, and identity. The community also represents Related Midwest’s second 80/20 mixed-income development, further expanding access to high-quality housing and creating a more inclusive downtown neighborhood. We look forward to welcoming a diverse community of residents to this transformative new development.

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NJ's Cherry Gardens hosts annual summer barbecue for residents

In May, NJ affordable residence Cherry Gardens kicked off the start to summer with the community's annual summer barbecue. The outdoor gathering brought residents together for an afternoon of music, activities, summer fun and delicious food.

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Related California breaks ground on Corso in Mountain View, CA

On May 27, Related California joined development partner Alta Housing, public officials and community members for the groundbreaking ceremony of Corso in Mountain View, CA. In collaboration with the City of Mountain View, Related California and Alta Housing will transform a 1.56-acre city-owned parking lot site into a 100% affordable transit-oriented development, offering 120 residences for low-income families and individuals in need. The conveniently located development will present residents with on-site services provided by Alta, as well as amenities including including a multipurpose community room, teen lounge, central courtyard, bicycle lounge and community-benefit space with ongoing programming.

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Related Midwest advancing affordable housing in Ann Arbor, MI with 350 S. Fifth Avenue

On May 19, Related Midwest and the Ann Arbor Housing Commission announced that work will soon begin on 350 S. Fifth Avenue, Michigan’s largest all-affordable residential development in more than 40 years. When complete, the 20-story community will transform a brownfield site into 330 much-needed affordable residences for low- and moderate-income households, placing residents steps from public transit, jobs and amenities throughout downtown. We’re grateful for the collaboration and public-private partnership that are helping make this transformational development possible.

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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
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.

Affordable Around the Country
Affordable Around the Country
Community-driven preservation at The Woodlands, Texas

Thanks to the shared commitment of our colleagues 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. This is what sustainable, community-first development looks like in practice.

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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
South Shore on The Park residence unveils mosaic art installation

In May, Related Midwest, Related Affordable Foundation and After School Matters celebrated the unveiling of affordable residence South Shore on The Park's new mosaic art installation, which was created by Chicago teens in partnership with Green Star Movement. 18 students from the South Shore community worked together to craft the vibrant mosaics, representing the property's second art project completed by talented local young people.