National Equity Fund

Crescent Place Brings 40 Affordable Homes to Illinois Suburb

August 03, 2022

We are thrilled to see the expansion of our partners at Housing Trust Group, LLC! Last month, the Florida-based developer broke ground on its first affordable housing community in Illinois in the Arlington Heights neighborhood.

Crescent Place is a joint venture between HTG and Turnstone Development Corporation, a nonprofit focused on creating and preserving affordable housing in Illinois and Florida. The development will bring 40 high-quality units of affordable living space to the area, which is about 25 minutes north of downtown Chicago. Residents will have access to amenities such as community rooms, a library, a computer café, a fitness center, a resident garden and more.

The growth of HTG, speaks immensely to its dedication to create and expand affordable housing throughout the country, with developments already thriving across Arizona, Texas and its home state of Florida. Thank you to HTG and Turnstone for your innovative, thoughtful approach in expanding access to #affordablehousing! We are proud to partner with you!

Read more about the expansion and new development here.

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