Innovative Public-Private Partnership Led By Standard Communities Creates Workforce Housing In Record Time

“By focusing on workforce and middle-income housing, cities can ensure that a diverse cross-section of residents – including many individuals who fulfill essential community roles, such as first responders, teachers, hospitality workers, and healthcare professionals – have access to affordable housing and stable neighborhoods near their jobs,” said Jeffrey Jaeger, Principal and Co-Founder of Standard Communities.

By |2022-01-19T09:47:08+00:00January 26, 2021|California, News|Comments Off on Innovative Public-Private Partnership Led By Standard Communities Creates Workforce Housing In Record Time

Standard’s Senior Housing Outlook for 2021

"The work being done to provide high-quality housing for seniors is more important than ever. While this year has indeed brought unprecedented challenges, they only added to what was already a difficult environment for seniors before COVID-19. In most metropolitan areas, those on fixed incomes—as many seniors are—struggled to afford high-quality housing even prior to 2020. This reality makes safe, affordable housing more critical than ever, and demand for senior and affordable housing will only continue to grow," said Jeffrey Jaeger, Principal and Co-Founder of Standard Communities.

By |2022-01-27T12:57:08+00:00January 26, 2021|National, News|Comments Off on Standard’s Senior Housing Outlook for 2021

$53 Million Public-Private Partnership to Rehabilitate and Preserve 226 Units of Affordable Housing in Honolulu

“Honolulu has some of the highest housing prices in the nation. As the housing shortage persists, so will the high prices – increasing the need for high-quality, affordable housing. This acquisition and renovation has a total capitalization of approximately $53 million, demonstrating our commitment to ensuring these units continue to provide high-quality affordable housing for generations,” said Jeffrey Jaeger, Principal and Co-Founder of Standard Communities.

By |2022-01-19T09:51:59+00:00January 26, 2021|Hawaii, News|Comments Off on $53 Million Public-Private Partnership to Rehabilitate and Preserve 226 Units of Affordable Housing in Honolulu

Standard Communities and Citi Community Capital’s Strategic Partnership

"Housing is a bedrock of a flourishing, healthy community," said Scott Alter, Principal and Co-Founder of Standard Communities.

By |2022-01-17T07:37:13+00:00November 24, 2020|National, News|Comments Off on Standard Communities and Citi Community Capital’s Strategic Partnership

Standard Communities, solving Chicago’s Affordable Housing Crisis

"To sustain investment, Jaeger said Chicago and the state of Illinois should consider expanding the use of tax incentives for investors willing to finance affordable housing. Other states such as California established far more extensive tax credit programs to create and preserve affordable housing," said Jeffrey Jaeger, Principal and Co-Founder of Standard Communities.

By |2022-01-17T07:41:58+00:00November 24, 2020|Illinois, News|Comments Off on Standard Communities, solving Chicago’s Affordable Housing Crisis

Standard Communities Invests $22 Million to Acquire and Improve Virginia Beach Sr. Affordable Housing

“Older adults, many of whom are on fixed incomes, often find themselves priced out of the neighborhoods that they have been a part of for many years, or even decades. Our goal is to ensure that The Commons at Princess Anne provides high-quality, affordable housing that enables seniors to remain close and connected to their community, friends, and family,” said Tommy Attridge, Director of Southeast Production for Standard Communities.

By |2022-01-19T09:58:11+00:00November 24, 2020|News, Virginia|Comments Off on Standard Communities Invests $22 Million to Acquire and Improve Virginia Beach Sr. Affordable Housing

Standard Communities Provides Covid-19 Protection Kits and Meals to Residents

“We are finding ways to directly help segments of the community that are disproportionately affected by the COVID-19 pandemic.” He added “Standard actively leverages its expertise to work alongside – and in partnership with – public agencies and community partners to create strong and vibrant communities across the country,” said Jeff Jaeger, Principal and Co-Founder of Standard Communities.

By |2022-01-17T07:44:07+00:00November 24, 2020|National, News|Comments Off on Standard Communities Provides Covid-19 Protection Kits and Meals to Residents

$31.2 Million Transaction in Pasadena Completed by Standard Communities

“There is a shortage of affordable senior apartments in the Los Angeles area, and we believe everyone, regardless of age or income level, deserves to have a place to call home. Standard is pleased to provide beautiful, safe homes for seniors in Pasadena,” said Robert Koerner, Chief Investment Officer of Standard Communities. 

By |2022-01-19T10:05:31+00:00November 24, 2020|California, News|Comments Off on $31.2 Million Transaction in Pasadena Completed by Standard Communities

Standard Communities’ $206 Million Investment In 855-Unit Affordable Housing Portfolio Wins Industry Award

Standard Communities’ affordable housing preservation and expansion efforts at an [...]

By |2022-01-17T08:59:50+00:00November 24, 2020|Illinois, News|Comments Off on Standard Communities’ $206 Million Investment In 855-Unit Affordable Housing Portfolio Wins Industry Award

Renovation of Fort Chaplin Park Apartments; Washington D.C. Affordable Housing Community Receives Award

Standard Communities, received the Excellence Award for Best Multifamily Remodel from the Frederick County Building Industry Association (FCBIA).

By |2022-01-19T10:06:48+00:00November 24, 2020|News, Washington D.C.|Comments Off on Renovation of Fort Chaplin Park Apartments; Washington D.C. Affordable Housing Community Receives Award
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