On May 27th, Affordable Housing Finance (AHF) announced its annual list of the Top 50 Affordable Housing Developers in the nation. The rankings are based on the success of developers across the U.S, primarily focusing on units that have started construction and units that have completed construction during each respective year.
Commonwealth is proud to hold the #12 spot in the US for 2020. Commonwealth started 14 new affordable housing construction developments (1,051 units) while completing construction on 11 affordable housing developments (582 units). Commonwealth entered two new states and closed out the year with a portfolio of 110 affordable housing projects.
A sincere congratulations and thank you goes out to the entire Commonwealth team and our partners. This accomplishment did not come without the hard work, dedication, and collaboration that occurs throughout all of Commonwealth to achieve these goals. We cannot wait to see what is in store next for 2021.