A Year of Growth
Building off of more than 40 years of experience creating affordable and sustainable homes, Community Housing Partners (CHP) reported a year of growth in 2017.
In 2017, the nonprofit added eight real estate developments to its rental portfolio, creating new or renovated homes for more than 600 low-income individuals and families in Virginia, Maryland, and South Carolina. CHP’s multifamily housing inventory now totals more than 6,000 units across six states.
“Our mission and vision at CHP is to create affordable, sustainable, healthy homes for all of the people we serve,” said Samantha Brown, Assistant Vice President of Real Estate Development. “Real Estate Development is the economic engine that allows for that mission and vision to be realized.”
CHP’s 2017 real estate development efforts included both rural and urban buildings in three states:
- Belleville Meadows Apartments in Suffolk, Virginia, is a 128-unit family property. During renovations, CHP converted some of the one- and two-bedroom units to three-bedroom units for families.
- Highland Crossing Apartments in Spartanburg, South Carolina, is a 72-unit new construction project.
- Kippax Place Apartments in Hopewell, Virginia, is a 100-unit, existing affordable housing complex which serves the senior and disabled population. CHP performed a rehabilitation on the 50-year-old building that brought the units back to like-new condition.
- Lindsay Hill Senior Apartments in Lorton, Virginia, is a 55-unit senior development located within the Spring Hill senior community and CHP’s first affordable housing project in Fairfax County. The nonprofit performed a historic, adaptive reuse of five buildings from the former Lorton Reformatory.
- Planters Woods Apartments in South Hill, Virginia, is a 46-unit property which was on the verge of condemnation and foreclosure before CHP purchased and renovated it.
- Powell Valley Village Apartments in Jonesville, Virginia, is a 34-unit property located not far from the Tennessee border in Southwest Virginia.
- Primrose Place Apartments in Baltimore, Maryland, is a 125-unit mid-rise building serving seniors and the non-elderly disabled.
- Tranquility at the Lakes in Virginia Beach, Virginia, is a 40-unit new construction senior property in the Burton Station neighborhood.
“Finding high-quality, affordable housing in many communities can be a challenge,” Brown said. “In all of our development projects, we partnered with the local community to build high-quality, sustainable homes to meet community needs.”
Brown added that this work to expand CHP’s geographic reach builds on the nonprofit’s success throughout the Southeast and Mid-Atlantic — but this work is far from over. “In 2018, we are looking forward to continuing our work to create healthy, affordable, and sustainable homes,” she said.