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New Chicago Affordable Housing Group Launched
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Chicago-based The Habitat Company streamlined its affordable housing business line operations under a single umbrella called the Habitat Affordable Group. That strategically brings together the firm’s public housing and affordable housing management divisions with its community development operations to more effectively serve and grow its affordable portfolio.
The Habitat Co.’s Matt Fiascone says, “Since our first affordable housing development 46 years ago, The Habitat Company has always been forward- thinking in our commitment to create and preserve affordable housing opportunities.”
The company’s management portfolio comprises more than 22,000 units across five states, including more than 10,000 affordable housing residences. In addition, Habitat is currently the largest property manager for the Chicago Housing Authority. An example of the company’s activity includes the acquisition of three properties totaling 500 residences in Chicago and suburban Chicago Ridge.
Pictured above L to R: Matt Fiascone and Charlton Hamer
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- ◦People