![]() ![]() Right now, the company has 12 construction projects in progress, including several projects intended to increase the housing supply in disaster areas impacted by Hurricane Harvey. In addition to traditional apartment complexes, the firm also develops independent living communities for senior citizens. Leadership: Paul Sween, Managing Partner, and Mark Moorhouse, Senior Vice President and Partner Rise Residential ConstructionĬompany Profile: Rise Residential Construction, based in Dallas, builds, develops, and manages a wide portfolio of apartment complexes, mostly based in its home state of Texas. So, while it hasn’t quite reached its goal, it seems to be well on its way.Ģ018 Unit Starts/Completions: 2,113 / 948 Currently, the company manages 30,000 apartments in 22 states and owns $3 billion in multifamily properties. By 2025, the firm plans to own and operate 40,000 affordable housing units across the U.S. Unlike some firms, Dominum likes to keep an ownership stake in the properties it develops, and likes to manage them, as well. Leadership: Mark Lechner and Chris Dischinger, Principals DominumĬompany Profile: Dominum, located in Plymouth, Minnesota, is the nation’s third-largest developer of affordable housing- but it has an ambitious plan to reach number one. LDG prides itself on working with local communities to increase housing opportunities for everyday Americans, while attempting to dispel harmful myths about affordable housing.Ģ018 Unit Starts/Completions: 2,274/1,424 The company’s main focus is developing affordable housing communities in the southern U.S., with a major focus on Texas, Kentucky, and Louisiana. Leadership: Caleb Roope, President and CEO LDG DevelopmentĬompany Profile: In 2018, LDG clocked in as the nation’s second largest developer of affordable properties, with more than 2,200 units started and more than 1,400 completed. In addition to its core competencies, the company has recently increased its efforts involving public-private partnerships, urban infill projects, and inclusionary housing.Ģ018 Unit Starts/Completions: 2,501/1,315 ![]() Unlike some development firms, The Pacific Companies is vertically integrated, and has under its umbrella a construction management/general contracting firm, an architecture firm, and a real estate financing company. The company mostly focuses is on projects in the western United States, with a special focus on California. Since 1998, the company has developed more than 150 projects with a combined asset value of approximately $2 billion. The Pacific CompaniesĬompany Profile: Headquartered in Eagle, Idaho, The Pacific Companies focuses on developing apartment communities, workforce housing, senior residences, and charter schools. We’ve taken the top 10 and provided some additional color, so you can get a better understanding of today’s biggest players in the affordable housing industry. Fortunately, this April, Affordable Housing Finance issued a list of the Top 50 affordable housing developers of 2018. If you’re considering investing in affordable housing, or even developing affordable housing yourself, it’s essential to understand the market landscape. The Top 10 Affordable Housing Developers in The U.S.Ĭheck out our 2022 ranking of the top affordable housing developers in the U.S.Įach year, thousands of affordable housing units are developed across the United States.
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