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