As a leading workforce, affordable and student housing developer, The Annex Group® is proud to announce that we have been presented a coveted Midwest Prodigy Award from the Indiana Apartment Association. The Best Tax Credit Affordable Housing Community Award was presented for Union at Crescent, an affordable housing community in Bloomington, Indiana that opened in…
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Recently plans were announced by The Annex Group® to develop a new affordable housing community in Howell Township, Michigan. Union at Oak Grove will be located in Livingston County at 1850 Molly Lane and feature 220 one, two and three-bedroom units available to individuals and families earning wages 60 percent or below the area median…
We at The Annex Group®, are pleased to announce the hiring of Margaret Blum as our new Senior Director of Development. Ms. Blum has enjoyed a more than 25-year career working in land development, strategic planning, and project management. She most recently served as a senior development manager, part of a national development team responsible…
At The Annex Group we are working to ensure everyone has access to a home that is a catalyst for both personal and community growth. We firmly believe that a place to call home should be a necessity. Affordable housing is absolutely foundational to thriving communities. However, there are a variety of myths and misconceptions…
The Housing Shortage in Cedar Rapids, Iowa A lack of affordable housing has been an issue in the Cedar Rapids, Iowa area for many years, for multiple reasons. Before the pandemic, unemployment rates in the area were below the national average (2.8 percent in February 2020 compared to the United States’ average of 3.6 percent),…
INDIANAPOLIS (September 28, 2021) – The Annex Group®, a leading workforce, affordable and student housing developer, today announces an open house at one of its newest developments, The Annex of Memphis. Located at the University of Memphis, the $19.1 million, 85-unit (208 beds) housing development offers studio, 2, 3 and 4-bedroom options for students. During…
The Annex Group®, a leading workforce, affordable and student housing developer, announces today plans to develop a new affordable housing community in Lawrence, Kansas. Union at the Loop will be located at 3250 Michigan Street and feature 248 one, two and three-bedroom units available to individuals and households earning wages up to 60 percent of…
The Annex Group®, a leading workforce, affordable and student housing developer, recently announced plans to develop a new affordable housing community in Cedar Rapids, IA. Union at Wiley will be located at 4227 21st Ave. SW in Linn County and feature 180 units, including one, two, and three-bedroom options. The community is targeting residents who…
We are incredibly proud to announce that The Annex Group 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…
INDIANAPOLIS (April 13, 2021) – The Annex Group®, a leading workforce, affordable and student housing developer, announces today plans to develop a new workforce housing community in Bozeman, MT. Funding for The Annex of Bozeman closed today. The $31 million community will feature 134 units including studios, one, two and three-bedroom units available to working…