Affordable Housing


Affordable housing laid the foundation of Related and remains a core pillar of the company's business today through Related Affordable. To date, Related Midwest, under the Related Affordable platform, has developed, acquired and preserved more than 6,500 affordable residences, with an additional 3,600 in development, and has never converted a single unit to market-rate. The company's expansive portfolio of affordable and mixed-income developments demonstrates Related's continued commitment to providing quality housing across a variety of geographically, economically and socially diverse neighborhoods.

Many of the buildings we encounter are in need of substantial upgrading and preservation in order to continue to properly fulfill the needs of the residents. Given our 40-years of experience in debt and equity financing, as well as our extensive management of government assisted properties, we are well-positioned to buy-out existing owners who lack the resources and knowledge to recapitalize, and therefore wish to exit the affordable housing arena. In addition, with our extensive redevelopment experience, we bring the know-how to expertly rehabilitate the units, thus assuring the continued viability for years to come.

We continue to actively look for affordable housing opportunities through the development, acquisition and refinancing of low, moderate and mixed-income properties in the Midwest. This is a key aspect of our commitment to help maintain the stock of affordable housing in the Chicagoland area and the greater Midwest region.​

Affordable Housing


Affordable housing laid the foundation of Related and remains a core pillar of the company's business today through Related Affordable. To date, Related Midwest, under the Related Affordable platform, has developed, acquired and preserved more than 6,500 affordable residences, with an additional 3,600 in development, and has never converted a single unit to market-rate. The company's expansive portfolio of affordable and mixed-income developments demonstrates Related's continued commitment to providing quality housing across a variety of geographically, economically and socially diverse neighborhoods.

Many of the buildings we encounter are in need of substantial upgrading and preservation in order to continue to properly fulfill the needs of the residents. Given our 40-years of experience in debt and equity financing, as well as our extensive management of government assisted properties, we are well-positioned to buy-out existing owners who lack the resources and knowledge to recapitalize, and therefore wish to exit the affordable housing arena. In addition, with our extensive redevelopment experience, we bring the know-how to expertly rehabilitate the units, thus assuring the continued viability for years to come.

We continue to actively look for affordable housing opportunities through the development, acquisition and refinancing of low, moderate and mixed-income properties in the Midwest. This is a key aspect of our commitment to help maintain the stock of affordable housing in the Chicagoland area and the greater Midwest region.​
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AWARDS AND ACHIEVEMENTS

  • 2019 Affordable Housing & Visionary Collaboration
  • Silver Ribbon Award