Real Estate: Affordable Housing Nonprofit Developers
CommonBond is an expert in creating affordable homes and thriving communities through smart real estate decisions and collaboration, and we’ve been in the business of developing homes and communities since 1971. As one of the most effective nonprofit developers and managers of affordable housing in the Midwest, we are best positioned to address the critical need for more affordable housing in our region.
From historic preservation to collaborative partnerships with small community- or faith-based organizations, CommonBond has been recognized for excellence in affordable housing development.
As real estate developers who provide high-quality affordable housing opportunities, we are also intensely focused on being long-term owners with strong asset and property management expertise. We are good neighbors and our presence in a community makes a difference. We go beyond effectively managing our properties, too – we provide supportive services to help residents achieve stability and independence, and we build and maintain important relationships with cities, public agencies, faith communities, and community organizations.
Meet Our Real Estate Team!
We Build Thriving Communities. Brick by Brick.
Our Acquisition & Development team is the backbone to how we approach affordable housing real estate, as they handle all aspects of the development process including:
- Site and market analysis
- Project financing
- Community outreach and engagement
- Entitlements
- Construction management
We see the importance of stability in our resident’s lives, and also in the neighborhoods in which we own properties. Because of this, our nonprofit developers focus on “forever-properties,” meaning we don’t intend to sell these properties to other organizations or developers over time. It is important for our communities to create thriving neighborhoods for the long haul.
