The Community Builders
The Community Builders operates across 15 states, managing over 14,000 apartment homes and investing billions in community development. The company focuses on building strong communities through diverse partnerships and sustainability initiatives.
Services
The Community Builders operates with a mission to build and sustain strong communities where all people can thrive. The company's Community Life model connects residents to community resources and opportunities. They partner with local stakeholders to expand resources and promote minority and women-owned businesses. Additionally, The Community Builders has a climate action initiative aimed at increasing sustainability and improving resilience in the communities and workplaces they develop.
Regions of Operation
The Community Builders operates in five regions: New England, Mid-Atlantic, Midwest, Great Lakes, and NY/NJ. They manage over 14,000 apartment homes and currently own or manage more than 150 properties across 15 states, including Connecticut, Massachusetts, Rhode Island, Virginia, Maryland, Pennsylvania, Indiana, Illinois, Wisconsin, Ohio, Michigan, Kentucky, Washington D.C., New York, and New Jersey.
Investments
The Community Builders has made substantial investments in various regions: $2.4 billion in New England, $493.3 million in the Midwest, $435.5 million in the Great Lakes region, $796.2 million in the Mid-Atlantic region, and $656.5 million in the NY/NJ region. Since its inception in 1964, the company has completed over 33,000 apartment homes.
Community Projects
The Community Builders has been involved in several significant projects. In Chicago, they developed mixed-use developments Oakwood Shores and Southbridge. They completed the rehabilitation of Commodore Place Apartments in Cleveland and redeveloped Monument East in Baltimore. In Detroit's Corktown neighborhood, the company invested in new homes and a Community Empowerment Center. Other notable projects include the creation of supportive housing with Pine Street Inn in Boston, transit-oriented workforce housing development at A.O. Flats at Forest Hills in Jamaica Plain, and the redevelopment of Lyman Terrace in Holyoke, MA. They also spearheaded projects like the rehabilitation of Bergenview Apartments and construction of Fairview Heights in Jersey City, and the revitalization of Schenectady's Hamilton Hill neighborhood with Hillside View and Hillside Crossing.
Awards and Recognitions
The Community Builders has received multiple awards, including the Urban Land Institute's Jack Kemp Affordable and Workforce Housing Award and the Affordable Housing Finance Readers' Choice Award. These recognitions highlight their efforts and achievements in developing affordable and workforce housing, and their commitment to building and sustaining thriving communities.