The Paces Foundation

About The Paces Foundation

The Paces Foundation is a real estate operator. The Paces Foundation operates in Atlanta, Georgia, Charlotte, North Carolina and Chattanooga, Tennessee-Georgia. Its investment focus is on Affordable Housing, LIHTC and Senior Housing.

The Paces Foundation is a nonprofit affordable housing organization founded in 1991 and operating as a 501(c)(3) charitable organization. Over more than 35 years, the Foundation has developed and owned more than 3,000 affordable housing units across the United States, with projects located in Georgia, Florida, Mississippi, South Carolina, Tennessee, Texas, and New Jersey. The organization specializes in the development and preservation of affordable housing, including both single-family and multifamily communities. Its portfolio includes one- to four-bedroom residences designed to serve low- and moderate-income households, with rents typically set below market rates. Many properties feature in-unit laundry facilities and community amenities such as clubhouses, swimming pools, playgrounds, and outdoor recreation areas. The Paces Foundation focuses on housing for seniors, families, women and children, and individuals with special needs. In addition to housing development, it supports resident services, green-building practices, advocacy initiatives, financing partnerships, and developer mentorship programs.

Principals at The Paces Foundation

Recent activity at The Paces Foundation

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The Paces Foundation's project portfolio

No projects on file for The Paces Foundation yet.

Markets and themes

Markets The Paces Foundation operates in

• Atlanta, Georgia
• Charlotte, North Carolina
• Chattanooga, Tennessee-Georgia
• Jackson, Mississippi
• Memphis, Tennessee
• Panama City–Lynn Haven, Florida
• San Antonio, Texas
• Savannah, Georgia
• Tallahassee, Florida

Investment themes at The Paces Foundation

• Affordable Housing
• LIHTC
• Senior Housing

Capabilities

• Economic Development
• Mixed Use
• Sustainability
• Urban infill

Operators similar to The Paces Foundation

• Elcan and Associates
  Mid-market tierAtlanta, GeorgiaCharlotte, North Carolina+7 more marketsSenior HousingAffordable Housing
• Diversified Healthcare Trust
  Mid-market tierAtlanta, GeorgiaCharlotte, North Carolina+2 more marketsSenior HousingAffordable Housing
• SCG Development
  Mid-market tierAtlanta, GeorgiaCharlotte, North CarolinaSenior HousingAffordable Housing+1 more theme
• Ironhorn Enterprises
  Mid-market tierAtlanta, GeorgiaChattanooga, Tennessee-Georgia+2 more markets
• JPB Partners
  Mid-market tierAtlanta, GeorgiaPanama City–Lynn Haven, FloridaSenior HousingAffordable Housing
• Connelly Builders and Development
  Mid-market tierCharlotte, North CarolinaSenior HousingAffordable Housing+1 more theme
• Adams Property Group
  Mid-market tierCharlotte, North CarolinaChattanooga, Tennessee-Georgia+2 more markets
• Christian Tyler Properties, LLC (CTP)
  Mid-market tierCharlotte, North CarolinaTallahassee, FloridaSenior HousingAffordable Housing
• ComCap Partners
  Mid-market tierMemphis, TennesseeSenior HousingAffordable Housing+1 more theme
• Jim Chapman Construction Group
  Mid-market tierAtlanta, GeorgiaTallahassee, Florida+1 more marketSenior Housing

Frequently asked questions about The Paces Foundation

What does The Paces Foundation do?

The Paces Foundation is a nonprofit affordable housing organization founded in 1991 and operating as a 501(c)(3) charitable organization.

What markets does The Paces Foundation operate in?

The Paces Foundation is active in Atlanta, Georgia, Charlotte, North Carolina, Chattanooga, Tennessee-Georgia, Jackson, Mississippi, Memphis, Tennessee, and Panama City–Lynn Haven, Florida.

How many employees does The Paces Foundation have?

The Paces Foundation has 2–10 employees.