“Standard-Faring Essential Housing was designed to help fill the missing-middle gap in California, providing essential workers—including teachers, firefighters, social workers, nurses and others—an opportunity to live in the neighborhoods where they work,” said Jeff Jaeger Co-Founder, and Principal of Standard Communities.
“Every property we acquire is an investment in stronger communities, which drives our success. Seeing residents who are now proud of their homes, taking advantage of programming to better themselves, who can say that they are better off now than previously, is a key element to our definition of success,” said Jeff Jaeger Co-Founder, and Principal of Standard Communities.
“Standard takes a holistic approach to integrating sustainable practices into our transactions. The major sustainability upgrades completed at the Fort Chaplin benefit the residents and the community. We’re extremely proud of the impact that we’ve made,” said Scott Alter, Co-Founder and Principal of Standard Communities.
Standard Communities Undertakes Substantial Energy Efficiency Upgrades at 151-Unit 100% Affordable Community in Manhattan
“Buildings account for approximately two-thirds of greenhouse gas emissions in New York City, and Standard is proud to do our part in helping New York City become carbon neutral by 2050. Our substantial energy efficiency improvements at Polyclinic Apartments are projected to reduce our carbon output more than 20% and save our residents over $6,000 a year collectively in utility bills,” said Scott Alter, Co-founder and Principal of Standard Communities.
"Nearly half of renters in Rhode Island spend 30% or more of their household income on rent, making safe and affordable housing more important than ever. We’re proud to expand our portfolio in Rhode Island and to help address the critical need for affordable housing,”said Joon Lee, Managing Director of Strategic Capital at Standard Communities.
"Standard Communities and West Hollywood-based Faring Capital announced a partnership and plans to invest $2 billion in middle-income housing across California — both through acquisitions of existing properties and ground-up development," said Jeff Jaeger Co-Founder, and Principal of Standard Communities.
NH&RA features Standard-Faring Essential Housing: California Workforce Housing Residents Getting Luxury Amenities
"We were excited by the opportunity to invest a large amount of capital into the project, update the community, and preserve the affordability for the residents,” said Jeff Jaeger Co-Founder, and Principal of Standard Communities
"Our growth is a direct reflection of the caliber of our team, the culture we continue to build at Standard, and the need for the work we are doing across the country. We are achieving growth exceeding 100 percent. In the first half of 2021, Standard acquired ten communities, across seven states, providing high-quality housing to more than 5,000 new residents,” said Jeff Jaeger, Co-founder, and Principal of Standard Communities.
Standard Communities Expands Presence in NJ with Its Second Affordable Housing Investment in Atlantic City in Four Months
"Standard is not only investing in the building; we’re investing in the people who call this community home. We are proud of this public-private partnership, which not only provides these residents with the peace of mind that comes with a commitment to long-term affordability at the property, but will result in nearly every aspect of the property being upgraded and modernized,” said Steven Kahn, who is responsible for Standard Communities’ acquisitions in New Jersey and Pennsylvania.
Standard Communities and Faring Form Joint Venture to Create $2 Billion of Middle-Income Housing in California
"By focusing on middle-income housing, California cities can ensure that middle-income families and essential workers such as first responders, hospital and healthcare staff, and teachers, can afford to live near their jobs in the communities they serve,” said Jeffrey Jaeger, Principal, and Co-Founder of Standard Communities.