A multi-story red brick building with large windows and a covered entrance, surrounded by a lawn and parked cars under a clear blue sky.

Affordable Housing Preservation Revitalizing Communities Through Property Acquisition and Preservation

Evergreen is committed to preserving and improving affordable housing while maximizing outcomes for residents, property owners, and the broader community.

Connect With Our Team

Units developed
0 +
Units preserved
0 +
States with Evergreen properties
0 +
A white tent shelters a seated crowd at an outdoor groundbreaking ceremony, with a row of shovels stuck in dirt in front of the tent.

Keeping Homes Accessible and Affordable

More than 100,000 affordable housing units are at risk of conversion to market rate each year due to expiring affordability agreements, while many more are at risk due to physical deterioration, and both problems are poised to grow over the coming years.

Our deep knowledge of real estate development and financing allows us to purchase, revitalize and sustain existing affordable housing, which is the most cost-efficient way to combat the growing affordability crisis.

We are committed to transforming communities and improving lives by ensuring more people have access to quality, affordable homes.

We Make Complex Preservation & Acquisition Projects Possible

The affordable housing finance landscape has become increasingly sophisticated. We navigate that complexity and structure viable solutions.

As established experts with over 25 years of experience, our dedicated team gets deals done.

Affordable Housing Financing Expertise

Tax-exempt bonds, LIHTC, FHA-insured and conventional loans, Section 8 contract options, RAD, conventional equity and more. We have used nearly every ‘tool’ available for affordable housing preservation.

Mutually Beneficial Partnerships

Evergreen forms long-term relationships with lenders, investors, consultants, nonprofit partners and government agencies. We lead win-win negotiations that generate trust and repeat work.

Transactional Consulting

Underwriting opportunities and managing them through completion is what we do, every day. Whether acting as owner or consultant, we find the way to move projects forward.

Resident-First Values

Above all, we are committed to preserving affordability and increasing access to housing for residents of all income levels and stages of life.

Single-story blue house with white trim, small covered porch, outdoor chairs, potted plants, and a walkway leading to the front door. Manicured lawn and flowers in the front yard.

Work With Innovative, Dedicated, and Resourceful Real Estate Developers

Not sure where to start? Our experts are available to walk you through next steps—whether you’re exploring a sale, searching for a development partner, or navigating funding opportunities.

Speak With Our Team

Project Profiles & Case Studies Evergreen’s Impact Transforming Affordable Multifamily Housing

From new development to adaptive reuse projects, we’ve built long-lasting partnerships with community leaders and worked alongside various stakeholders to create vibrant housing communities and improve lives across the U.S.

Explore Our Work

Two-story apartment building with beige siding and multiple windows, surrounded by grass, trees, and a clear blue sky.

Sustaining Multi-Generational Housing at Buena Vista Elgin

A modern apartment building with beige siding, large windows, and a glass entrance, surrounded by green shrubs and trees under a clear blue sky.

Preserving Senior Housing and Expanding Evergreen’s Impact in Vermont

A tall brick building with multiple windows is shown on a sunny day, with sunlight visible above the structure and trees lining the street.

Preserving Historic Affordability in Downtown Cleveland

A person with light-colored nail polish holds a small wooden house model in both hands against a blurred white background.

A Sustainable Approach to Housing Preservation

Evergreen recognizes the social, environmental and economic importance of preserving affordable units that already exist.

Given rising construction costs, preservation offers a more efficient and scalable solution. For the cost of every new unit built, approximately six units can be made more energy efficient, accessible and greatly improved for residents.

Modern library interior with tall windows, circular ceiling lights, stepped seating area with colorful cushions, bookshelves, and a computer workstation.

We Don’t Just Close Deals, We Create Lasting Impact

Our wide-ranging expertise allows us to take on even the most challenging projects, whether that means navigating complicated layers of financing and tax credits, coordinating extensive full-property upgrades, or turning around troubled communities.

We view ourselves as innovators, bringing together resources and talent in ways that are changing the face of multifamily housing.

We show up. We listen. We deliver. And, we do it with care for people, for neighborhoods, and for the future.

Comprehensive Real Estate Services Our Full-Service Approach

We have the expertise to meet all housing needs.

We bring an integrated approach to our services by blending our real estate and financing expertise with community-first values. The result? Housing that meets real needs and helps people lead fuller lives.

Learn About Our Integrated Approach

Six people in business attire and hard hats hold shovels, posing for a groundbreaking ceremony at a construction site.

Development

Construction site with workers, excavators, and trucks; workers are laying steel reinforcement while machinery operates in the background.

Construction Management

Modern three-story building with white exterior, yellow accents, and numerous windows, labeled "Ann Arbor Art Center," situated on a clear, sunny day.

Property Management

Two older men sit outdoors at a table, smiling and arm wrestling, with food and a smartphone in front of them.

Senior Housing

Two people smile while shaking hands with a third person in an office setting, with a laptop and office supplies visible on the desk.

Non-Profit Consulting

An elderly woman walks outdoors with a caregiver wearing scrubs. They are holding hands and both carrying tote bags.

Social Services

Modern building with large glass windows and white geometric exterior, featuring green accents, situated at a street corner under a clear blue sky.

Public-Private Partnerships

A modern white building with rectangular, colorful window frames sits above a gray ground floor on a city street with a few pedestrians and young trees.

Together We Can Build Exceptional Communities

Partner with mission-driven, full-service real estate experts. Whether your goal is to manage, develop, repurpose, or revitalize a property, our team will deliver meaningful results.

Let’s Get Started