INDIANAPOLIS. IN – The Annex Group, a leading workforce, affordable and student housing developer, announces today it has been named to Affordable Housing Finance’s Top 50 Developers List. This list of the nation’s top affordable housing developers is generated using the number of affordable housing project starts and completions from 2020.
The Annex Group ranks 42nd on the list, with construction on 356 affordable housing units started and 197 units completed in the last year. It is the company’s first time on the coveted list.
“To be listed among the country’s most successful affordable housing developers is humbling,” said Kyle Bach, CEO of The Annex Group. “We’ve worked incredibly hard within the past couple of years to grow in affordable housing specifically because of the way these projects can transform communities. To produce units that offer comfort, convenience and security to individuals and families who are often struggling to find quality housing is so rewarding. We’re honored to do the work, and proud of this achievement.”
The AHF Top 50 Developer listing comes after a year of growth for The Annex Group. In March 2021, the company announced $445 million worth of new development projects including communities in Montana, Washington, Iowa, Kansas, Michigan, Indiana, Oregon, North Carolina, Kentucky and Nebraska.
ABOUT THE ANNEX GROUP: The Annex Group is a leading workforce, affordable and student housing developer with a focus on providing innovative, amenitized housing in emerging markets throughout the United States. The Annex Group encompasses a vast portfolio of communities valued at more than $500 million. Serving as a catalyst for economic development, The Annex Group has overseen over $1 billion in commercial projects including redevelopment and ground-up construction. The Annex Group is proudly headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.