Born in Cleveland, Ohio, as a multifamily affordable housing developer, The NRP Group was recently named by Affordable Housing Finance the #3 Top Affordable Developer in the U.S. We strive to create exceptional rental communities for individuals and families, regardless of income. Our developments are consistently regarded as best in class for design, energy efficiency, amenities, and long-term viability. Since our founding, NRP has developed tens of thousands of affordable units across 15 states at a cost in excess of $3 billion. Today, we manage over 120 affordable communities.
Innovation in strategic partnerships.
We are top producers of both 4% and 9% LIHTC developments, and we are expert at pairing LIHTC equity with debt and gap-subsidies to make even the most complex housing developments possible. The NRP Group is a pioneer and preferred partner in collaborating with hospitals, nonprofits, public housing authorities, and others to create high-quality, safe affordable housing that supports the improvement of social determinants of health. NRP’s community-centered approach proactively seeks the participation of all community stakeholders.
The NRP Group has successfully partnered with public housing authorities across our 15-state footprint to help achieve their creative vision and goals. We have worked closely with public housing authorities in San Antonio, TX (SAHA); Austin, TX (HACA); Travis County, TX; Dallas, TX; Denton, TX; Fort Worth, TX; Columbus, OH; Cuyahoga County, OH (CMHA); Youngstown, OH; Dauphin County, PA; Syracuse, NY (SHA); and more. Many additional relationships are forming, with exciting affordable housing developments in the pipeline.
Featured Public Housing Authority Partnerships
The NRP Group is a pioneer in creating partnerships with healthcare providers and nonprofits to dramatically expand the impact of affordable housing. Healthcare systems and nonprofits are increasingly looking to develop affordable housing as a baseline platform for improving additional social determinants of health such as food and nutrition, workforce training, social services, and more. These institutions and social service providers have begun to embrace the proven efficacy of healing the patient by healing the neighborhood in which they live.
Featured Health and Housing Partnerships
Maximizing value for our partners.
The NRP Asset Management team works closely with investors, partners, and internal property management, accounting, and construction teams to create short- and long-term value across our portfolio of affordable housing and market rate communities.