Smith & Henzy Affordable Group

About Smith & Henzy Affordable Group

Smith & Henzy Affordable Group is a real estate operator headquartered in Delray Beach, FL. Smith & Henzy Affordable Group operates in Albany-Schenectady-Troy, New York, Binghamton, New York and Buffalo, New York. Its investment focus is on Affordable Housing, Car-light communities and LIHTC.

Smith & Henzy Affordable Group is a real estate development firm founded in 2014 by Darren Smith and Tim Henzy. Since inception, the firm has financed and developed projects totaling approximately USD 2.5 billion and has created or preserved more than 8,000 affordable apartments. Its current portfolio includes over 4,000 apartments, with an additional roughly 1,200 units in development. Operations span key U.S. regions: the Southeast and Midwest under Darren Smith, and the Northeast under Tim Henzy. The firm focuses specifically on affordable, supportive, preservation and senior housing. Its role includes serving as developer, owner and advisor, frequently partnering with Public Housing Authorities and leveraging HUD’s RAD, Section 18, Section 22 programs, as well as Low‑Income Housing Tax Credits (LIHTC).

Principals at Smith & Henzy Affordable Group