Donovan Architects received national recognition for The Willows at East Greenville at the National Affordable Housing Management Association’s (NAHMA’s) 2023 Affordable Housing Vanguard Awards.
The Vanguard Awards recognize newly developed or significantly rehabbed affordable multifamily housing communities that showcase high-quality design and resourceful financing. This year, NAHMA awarded the Willows at East Greenville, for Major Rehabilitation of a Historic Structure into Affordable Rental Housing.
A long defunct historic factory located in the heart of East Greenville, Pennsylvania, underwent a massive transformation over several years to be converted into a mix of market-rate and affordable rentals to serve the community’s demand for more housing options. Today, The Willows at East Greenville is a 71-unit rental mixed-income community that offers a variety of studio, one-, two-, and three-bedroom apartments with rents set at 20% AMI up to market rate to meet a variety of household needs.
The Vanguard Awards demonstrate that exceptional new affordable housing is available across the country; confirm that the affordable multifamily industry is and must be creative and innovative if such exceptional properties are to be built given the financial and other challenges to development; highlight results of the private/public partnerships required to develop today’s affordable housing; and share ideas for unique design and financing mechanisms with industry practitioners to further stimulate creative development in the affordable multifamily industry.
NAHMA is the leading voice for the affordable housing management industry, promoting developing, managing and preserving quality affordable multifamily housing. NAHMA advocates for legislative and regulatory policy and provides affordable housing professionals with the knowledge to advance excellence in the communities they serve. NAHMA’s membership represents 75% of the affordable housing industry and includes its most distinguished multifamily owners and management companies.
Winners of the Affordable Housing Vanguard Awards were recognized at an awards ceremony at the NAHMA Biannual Top Issues in Affordable Housing 2023 Fall Conference in October in Washington, D.C.
(ingerman.com)