Greenwich-based affordable housing developers plan $450M in new projects in US, Puerto Rico

By Marlena DeFalco,

A large Greenwich-based real-estate and development company that owns and operates housing complexes from Florida to California is upping its commitment to affordable housing.

The Richman Group Affordable Housing Corporation this week announced it had raised $450 million to acquire, rehabilitate and-or build more than 50 properties across the U.S. and Puerto Rico. The funding will provide “safe, quality and affordable” rental units to more than 4,300 households, the company stated.

Read the Greenwich Times article here