Based in Los Angeles and New York, Standard Cos. has a portfolio of approximately 13,700 apartments, including 9,700 affordable units. Earlier this month, Standard Communities and Stanford Carr Development acquired the last of six affordable rental properties from the state of Hawaii as part of a $223.9 million public-private partnership to rehabilitate the 1,221-unit portfolio and preserve its affordability.
Standard Communities also purchased a 61-unit affordable senior community in Pasadena, Calif., in November and a 120-unit affordable multifamily property near Charleston, S.C., in October.
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Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state.
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