MidwestMultifamily Evergreen Real Estate Group expands national affordable housing portfolio May 14, 2020 Share on Facebook Share on Twitter Share on LinkedIn Share via email Oso Apartments, a 48-unit affordable family housing community in Chicago. Chicago-based Evergreen Real Estate Group has been retained to manage affordable housing communities comprising a total of 971 units across Illinois, Minnesota, Ohio, Pennsylvania and Wisconsin. The assignments include a mix of affordable housing for families, seniors and disabled individuals, expanding Evergreen’s management portfolio to 8,500 units throughout the U.S. “The need and demand for affordable housing continues to grow, and Evergreen has the cross-market experience needed to deliver comprehensive property management services that help preserve, enhance and expand housing options for low-income households,” said Steve Rappin, president of Evergreen Real Estate Group. “Our firm utilizes an integrated approach, which means our construction, development, acquisition and management teams work hand-in-hand to provide expertise across multiple disciplines. The efficiencies created by our model benefit not only residents, but also third-party owners, housing agencies and other partners. “We are excited to announce these new properties under management, which are a mix of newly renovated apartments along with new construction, including affordable senior residences co-located with public library branches developed through a creative partnership with the Chicago Housing Authority and Chicago Public Library,” Rappin said. The new management assignments include the following properties: Oso Apartments—48-unit affordable family housing community in ChicagoHumboldt Ridge Apartments—100-unit affordable family housing community in ChicagoIndependence Apartments—44-unit affordable senior community co-located with a Chicago Public Library branch in ChicagoNorthtown Apartments—44-unit affordable senior community co-located with a Chicago Public Library branch in ChicagoOakridge Village Apartments—90-unit affordable senior and family housing community in Antioch, Illinois.Holmes Greenway Housing—54-unit affordable senior and disabled housing community in MinneapolisEastridge Estates—126-unit affordable family housing community in Rochester, Minnesota.Oak Park Village Apartments—100-unit affordable family housing community in St. Louis Park, Minnesota.Pelham Manor—101-unit affordable family housing community in Toledo, OhioGreenview Gardens Apartments—137-unit affordable family housing community in Butler, Pennsylvania.Golda Meir House—127-unit affordable senior housing community in Milwaukee “Evergreen’s property management team is mission-driven and committed to providing housing and services that improve the quality of life for the residents who call our communities home,” said Rappin. “We believe our success—and the successful outcomes we achieve for our owners, investors and residents—is grounded in this fundamental purpose.” As property manager, Evergreen will oversee site-level operations and, in some communities, spearhead capital improvements using low-income housing tax credits and other subsidies.