Albert M. Berriz and Daryl J. Carter, co-CEO’s of McKinley–Avanath, have expanded their affordable housing management platform in Michigan, Texas and Tennessee with six LIHTC communities in Detroit, Houston, Dallas and Memphis.
“We have operated in Michigan, Texas and Tennessee for many years and therefore are thrilled to expand McKinley-Avanath in these markets all while continuing our efforts to bring the very best in affordable housing alternatives in all of the markets we operate,” Berriz said.
“Daryl and I are passionate about our work in affordable housing, as an immigrant Cuban-American and an African American respectively, we identify, understand and know how important it is for our residents to have a positive quality housing alternative close to jobs so their families can grow and prosper,” Berriz added.
“Having an opportunity to do our work in the city of Detroit is very personal and exciting to me,” Carter said. “I grew up in Detroit, I am a proud graduate of Cass Tech and spent much of my formative years in the downtown, which was a wonderful place to be. We are honored to have an opportunity to participate in all the good work going on in Detroit and we look forward to making a difference.”
The six communities that have been added to McKinley-Avanath’s affordable housing portfolio include: Genesis Villas, Detroit; Chapparal Apartments, Dallas; Cullen Park, Houston; Eagles Landing, Memphis; April Woods, Memphis; and Harmony Woods, Memphis.