Heritage Affordable Communities
11–50 employees 3 principals
Last updated by Zailyn
About Heritage Affordable Communities
Heritage Affordable Communities is a real estate operator. Heritage Affordable Communities operates in New York City, New York. Its investment focus is on Affordable Housing and LIHTC.
Heritage Affordable Communities is a privately held real estate investment and development firm based in New York City with between 11 and 50 employees. Since founding in 2021 it has focused on acquiring, developing, preserving and managing affordable multifamily housing across the United States. The company has completed transactions involving portfolios of hundreds of housing units, including acquiring an 868‑unit LIHTC general‑partner interest portfolio in East Tennessee in 2023, as well as a 242‑unit LIHTC portfolio and a 101‑unit property in the Bronx under regulatory agreements tied to low‑income housing tax credits. Heritage Affordable Communities currently targets affordable and workforce housing, especially multifamily properties that are undervalued, underperforming or underutilized. Its operations emphasize scale‐driven preservation and redevelopment, with properties regulated at income levels around 60 % of area median income.
Principals at Heritage Affordable Communities
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