OUR AFFORDABLE HOUSING PHILOSOPHY
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Encore Development Is committed to providing affordable housing and preserving long-term affordability.
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Is a steward of affordable housing, viewing every acquisition as an investment in the property, the residents and the community.
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Provides up-front capital investment to ensure long-term stability of the property.
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Is sensitive to the needs of existing residents, preserving the existing community as well as long-term affordability.
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Utilizes programs and subsidies that benefit the residents and the property alike.
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Recognizes the importance of residential services in establishing strong communities, often building upon existing programs through partnership with service providers.
Our Strengths
Encore Development keeps core business transactions in-house, and outsources all others to specialty groups to maintain a lean, agile company structure. The strategic alliance with specialty groups allows us to respond faster to any market events than our competitors.
Years of experience with strategic partners allows us to keep the best team on the project and customize the best practice for each asset. By creating a competitive environment, we can continuously replace under-performing partners with more competent ones.
By establishing strategic relationships with various specialty groups, Encore has the ability to leverage its strategic partners’ expertise in diversified functionalities and capitalize their capacity throughout various regions around the nation.
THE POWER OF MARKET KNOWLEDGE
While our dynamic business model has evolved over the years, our commitment to creating affordable housing solutions remains the same.
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We plan to continue developing affordable housing, with a particular focus on preserving the existing affordable housing in cities and communities. With our deep experience and our drive to innovate, we are among the most active affordable developers nationwide and plan to continue our leadership role within the affordable housing development community.
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Encore Development plans and develops urban communities that are livable, beautiful, and safe.
Encore believes that physical and community development are inseparable. We develop and manage comprehensive revitalization: from affordable homeownership opportunities to mixed-income rental opportunities; from world-class architecture to world-class landscape design; from learning centers to employment centers; from community policing to community daycare.
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We bring together many strong partners: housing agencies and banks, resident corporations and business leaders, public agencies and private investors. We join these partners with strong planning and development teams to implement projects that are well grounded in each community’s vision of itself and the realities of that local market.
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Cities have always been the place of innovation and vivid civic experience. At Encore, our goal is to preserve and enhance urban life by strengthening the essence of cities: their neighborhoods. We are a team of creative professionals motivated by the commitment to build strong communities as the bedrock of civilized cities.