Standard Communities

At the end of 2023, we celebrated 15 years of Standard Communities. Since our inception in 2008, our mission has been to provide high-quality, affordable housing to communities around the country, and we are grateful to have made a meaningful impact on the lives of countless individuals and families. It has been and continues to be an incredible journey. Thank you to our team and partners for contributing to our success and being an integral part of what we do every single day. Here’s to continued growth, collaboration, and making a lasting impact for another 15 years and beyond! #standardcommunities #qualityhousing #strongcommunities #betterliving #betterlives #impact #housing #affordablehousing #partners #publicprivatepartnerships

At Standard Communities, we prioritize a healthy and happy team by contributing to employee medical, dental and vision premiums, including dependents, with both HMO and PPO plans available. We also provide basic life insurance at no cost, with options for supplemental life insurance and additional coverage like Hospital Indemnity, Critical Illness, and Accident insurance. These benefits ensure that our team members and their families are supported and prepared for the unexpected, allowing them to focus on what truly matters. Taking care of our team is our top priority. #StandardCommunities #QualityHousing #StrongCommunities #Wellbeing #Support #ComprehensiveBenefits

We are thrilled to announce our first investment in Michigan with the development of River’s Edge, a ground-up affordable housing community in Kalamazoo. River’s Edge will include 228 units and feature two 4-story buildings, a live/work building, a commercial space, and resident amenities such as a fitness center, playground, and outdoor patio. The development is connected to the 35-mile Kalamazoo River Valley Trail, offering accessibility and connectivity to the surrounding community. This project represents a significant step forward in our mission to create vibrant, sustainable communities that provide high-quality affordable housing for families. Collaborating with our public and private partners has been instrumental in making this vision a reality, and we look forward to continuing our work in Michigan. The development is a joint venture between Standard Communities and River Caddis Development. The public private partnership includes the Michigan State Housing Development Authority, Kalamazoo County and the City of Kalamazoo. WNC & Associates is the equity partner. Congratulations to the Standard team! Scott Alter Jeffrey Jaeger Robert Koerner Jesse Frageman Read more here: https://lnkd.in/eyRUjGXu #standardcommunities #qualityhousing #strongcommunities #affordablehousing #publicprivatepartnerships #housing #community #construction

The key to our success is our people. At Standard Communities, we believe in supporting our team members both professionally and personally. That's why we offer a comprehensive benefits package designed to meet the diverse needs of our team. From medical, dental, and vision coverage to a 401(k) plan with generous matching, to supportive time off and so much more, we’ve got you covered. #StandardCommunities #QualityHousing #StrongCommunities #Wellbeing #Support #ComprehensiveBenefits

Standard Communities has led a public-private partnership to acquire Laurel Hill Apartments, a 100% affordable community in Shelby, NC. Standard plans a comprehensive rehab that includes addressing deferred maintenance and updating features in the units and amenities for residents. The transaction exemplifies Standard’s commitment to preserving and creating affordable housing through strong public-private partnerships. Thank you to our partners! North Carolina Housing Finance Agency Fannie Mae Regions Bank U.S. Department of Housing and Urban Development Great work from our Standard team! Jeffrey Jaeger Scott Alter Robert Koerner Tommy Attridge Robert Fine Read more here: https://lnkd.in/ewQQ-fDe #standardcommunities #qualityhousing #strongcommunities #affordablehousing #publicprivatepartnerships #housing #community #construction

Come join our Standard team! We are hiring Portfolio Accountants to support our growing portfolio. Submit your application today!

Together with our dedicated project partners, local elected officials and residents, we recently celebrated the grand opening of Aspen Wood, a milestone that marked the culmination of hard work and collaboration. Aspen Wood provides 123 units of affordable housing to seniors in San Ramon, CA. Amenities at the 130,000 square foot community include a recreation deck/courtyard, fitness center, business center, community room and pet spa. Congrats to our Standard team! Robert Koerner Jeffrey Jaeger Scott Alter Feras Qumseya Judd Ullom, LEED AP Patrick Lyons Keith Dragoon Jessica Mackenzie Tim Bourassa Brian Yang Adam Stewart Jessica Yoon Thank you to all of our incredible partners! East West Bank Candeur Group, LLC Boston Financial City Of San Ramon California Municipal Finance Authority Housing on Merit Apartment Management Consultants LLC LCA Architects Inc. Deacon Construction, LLC dk Engineering #standardcommunities #qualityhousing #strongcommunities #affordablehousing #seniorhousing #publicprivatepartnerships #newconstruction #development #housing #community #construction

We are excited to share that AHF released its annual Top 50 list. Standard Communities continues to grow! This year, we ranked:  #9-Companies Completing Substantial Rehabs in 2023 #10-Companies Completing Acquisitions in 2023 #15-Largest Affordable Housing Owners A huge thank you to our dedicated team and valued partners for their support in helping us provide high-quality, affordable homes to residents and communities in need. Together, we are making a positive impact and look forward to continuing our mission of producing and preserving high-quality affordable housing in the years ahead. https://lnkd.in/eerWp5gx #standardcommunities #qualityhousing #strongcommunities #betterliving #betterlives #impact #housing #affordablehousing #partners

Yesterday, we celebrated the grand reopening of Baltic Plaza and New York Avenue Apartments in Atlantic City with project partners and local elected officials. The properties provide 320 seniors with an affordable, high-quality place to call home.  Baltic Plaza and New York Avenue Apartments underwent comprehensive renovations that upgraded and modernized nearly every aspect of the properties, dramatically enriching the resident experience. Congratulations to the Standard team! Scott Alter Jeffrey Jaeger Steven Kahn Benjamin Goldberg Tim Bourassa Brian Yang David Carrero Craig Marschke Nicholas Toscano Jennifer Aloisio Kory Leighty Daniel McCarron Sarah Siclait A special thanks to our project partners--Working together on Baltic Plaza and New York Avenue Apartments illustrates what can be accomplished when you work with partners who share a common goal of providing high-quality, affordable housing. U.S. Department of Housing and Urban Development New Jersey Housing and Mortgage Finance Agency PNC Citi City of Atlantic City Government CRM Residential DiMarco Group HDJ Architects / Engineers / Planners #standardcommunities #qualityhousing #strongcommunities #betterliving #betterlives #impact #housing #affordablehousing #partners

Scott Alter, Co-Founder and Principal at Standard Communities, was recently a panelist at Cornell University’s Center for Real Estate and Finance (CREF) Affordable Housing Symposium in New York City. Undergraduate and graduate students heard from Scott and other leaders in affordable housing who discussed contemporary challenges in affordable housing and shared real-world experience with tax credit financing, how to best promote development in underserved neighborhoods and more. One student shared: “The symposium was an enlightening and thoroughly engaging experience, leaving us inspired and equipped with actionable insights to tackle the challenges in the affordable housing sector.” Thank you, Scott, for sharing your knowledge and experience with the next generation of leaders in affordable housing! https://lnkd.in/g7yR7JsS #standardcommunities #qualityhousing #strongcommunities #betterliving #betterlives #impact #housing #affordablehousing