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Affordable Housing

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.

Featured video: The Woodlands, Texas affordable community

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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Roosevelt Square named Multifamily Development of the Year for Chicago

On March 25, Chicago mixed-income community Roosevelt Square took home the 2026 CoStar Impact Award for Multifamily Development of the Year, recognized for creating new affordable housing, retail and the National Public Housing Museum. Developed by Related Midwest and built in partnership with the Chicago Housing Authority and the Chicago Department of Housing, Roosevelt Square's latest phase introduced 207 apartments to Chicago’s Near West Side that have access to retailers including a grocery store and pizzeria, as well as building amenities including a fitness center and a terrace with grills and a dog run.

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Amani and Nia win Redevelopment of the Year award

On March 25, San Francisco affordable communities Amani and Nia were announced as Redevelopment of the Year at the 2026 CoStar Impact Awards, which recognizes leading commercial real estate transactions and projects that are making an impact in their neighborhoods. Part of the Sunnydale redevelopment, Amani and Nia are the result of a partnership between Related California, Mercy Housing California and the San Francisco Mayor's Office of Housing and Community Development to transform the Sunnydale-Velasco public housing community into a thriving mixed-income neighborhood that will offer an anticipated 1,700 new affordable and market rate homes, upgraded infrastructure and critical community-serving amenities.

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Related Affordable team members support Women's History Month by wearing purple

Throughout Women’s History Month and to honor International Women’s Day, Related Affordable employees have been wearing purple to draw attention to women's myriad contributions, both in our offices and in our communities. Related Affordable team members have celebrated this tradition for four years running, visibly marking their appreciation for all the women in their lives and around the world who lead and make an impact.

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Luther Towers 2 brings together residents for St. Patrick's Day

To celebrate the luck of the Irish and their shared traditions, Delaware's Luther Towers 2 senior affordable community gathered residents for a festive gathering in the community room. Residents enjoyed time spent together playing bingo, entering raffles for prizes and sharing a meal together.

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
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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

On January 9, Related California, development partner Mercy Housing and local community members celebrated the grand opening of the Herz Recreation Center, San Francisco's first recreation center constructed from the ground up in over 25 years. Related California provided support to the Herz Recreation Center as part of the broader Sunnydale HOPE SF initiative to transform the Sunnydale-Velasco public housing community into a vibrant mixed-income neighborhood.

Affordable Around the Country
Affordable Around the Country
Related Affordable unveils revitalized affordable residences in Tennessee

Related Affordable has completed comprehensive renovations at its first three preservation projects in Tennessee: Cumberland Crossing, Midtown Estates and Horizon Square Apartments. Related Affordable has provided residents with modernized apartments and upgraded common spaces, and most importantly, they have preserved each community's long-term affordability for years to come.

Affordable Around the Country
Affordable Around the Country
Rehabilitation of Avon Towers in Michigan

Related Affordable has completed the rehabilitation of 125-unit Avon Towers in Rochester Hills, MI. The renovation enhances quality of life while preserving long-term affordability for senior residents. Residents can now enjoy their refreshed apartments, along with a brand-new patio space, an upgraded community room and a refreshed library. In partnership with the Related Affordable Foundation, the nonprofit Adapt: Community Supported Ecology has also enriched the property’s gardens with more than 50 native plants.

Affordable Around the Country
Affordable Around the Country
Rehabilitation of Hacienda Del Rio Apartments

Marking its first affordable project in Arizona, Related Affordable has completed the rehabilitation of Hacienda Del Rio Apartments in Phoenix. The 146-unit senior residence now combines preserved affordability with quality-of-life enhancements, including remodeled homes, community room, outdoor workout equipment and an outdoor sculpture walk created in collaboration with local artist Jeff Zischke.

Affordable Around the Country
Affordable Around the Country
Related Affordable renovates Tompkins Terrace in Beacon, NY

Related Affordable has unveiled the transformation of Tompkins Terrace, a 193-unit affordable residence located in Beacon, NY. The renovation has preserved the affordability status of this community for years to come, while enhancing its residents’ quality of life with remodeled units, common areas, landscaping and new amenities, including a community room, fitness center, a playground and free internet across the complex.

Affordable Around the Country
Affordable Around the Country
Related Affordable's commitment to supporting affordable communities

Preserving affordability while improving the lives of our communities is a key goal for Related Affordable, a foundational part of Related Companies. Learn more about Related Affordable's important work in this video, which focuses on the comprehensive rehabilitation of Somers Point Apartments.

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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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Meet the Team

Frank Monterisi named to The Queens Power 100 list

On March 16, Related EVP Frank Monterisi was selected as one of The Queens Power 100 by City & State New York, signifying his outsize impact on the NYC borough. Monterisi is currently leading the development Willets Point, which will become the city's largest all-affordable housing community in four decades, with the Willets Point Commons residene opening in April and the site's 25,000-seat Etihad Stadium planned to open in 2027.

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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

In 2025, Related Affordable Foundation awarded more than $100,000 in scholarships to 24 residents of affordable communities across the country, including nine returning scholarship recipients. Each year, the RAF Scholarship Program invites high school seniors to apply, aiming to reduce financial barriers and support students with post-secondary aspirations.

Related in the Community
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Related in the Community
Related Affordable Foundation and Charlia Frank host holiday gathering with Rip Van Winkle residents

In December, Related Affordable Foundation partnered with creative learning nonprofit Charlia Frank to host a holiday event at NY’s Mid-Hudson Discovery Museum. Residents of Rip Van Winkle gathered to enjoy a festive meal and received a special visit from Santa, who delivered 75 gifts for children of all ages.

Related Affordable in the Community
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Related Affordable in the Community
Related Affordable Foundation and Miracle City Church host coat drive at Shoreline Plaza

On November 20 and 23, Related Affordable Foundation partnered with Miracle City Church to organize a winter coat drive serving residents of Minneapolis' Shoreline Plaza and local community members in need. Miracle City volunteers distributed 200 coats, as well as hats and gloves, while also providing Thanksgiving food baskets to support holiday meal preparation.