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The Annex Management Group, LLC. Blog - Page 3 of 13 - Just another Rent Cafe Blogs Sites site

THE ANNEX GROUP ANNOUNCES PLANS FOR THE ANNEX OF PULLMAN, NEW STUDENT HOUSING NEAR WASHINGTON STATE UNIVERSITY

The Annex Group®, a leading workforce, affordable and student housing developer, in collaboration with Eastmark Capital Group, a real estate acquisitions and development company, announce plans to develop a new student housing community in Pullman, Washington. Funding for The Annex of Pullman has closed, and construction is now underway. The $47.78 million community will sit…

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UNION AT WILEY, AN AFFORDABLE HOUSING COMMUNITY FROM THE ANNEX GROUP®, ADDRESSES HOUSING SHORTAGE IN IOWA

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. While employment data indicates the county’s employment picture has strengthened between 2009 and 2019, there hasn’t been enough housing to meet the needs of employees. Then, with the onset of…

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THE ANNEX GROUP CONTINUES EXPANSION PLANS IN 2022

After experiencing incredible growth in 2021 with more growth expected for 2022, The Annex Group’s current portfolio is valued at more than $500 million. The company has developed more than $1 billion worth of projects, most of which have been ground-up construction. In 2021, The Annex Group expanded beyond its Midwest roots to add properties…

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THE AFFORDABLE HOUSING APPLICATION PROCESS AND HOW IT WORKS

What is affordable housing? Affordable housing benefits communities, people, and the local economy, and it is an integral aspect of life. ​​Affordable housing is generally defined as housing on which the occupant or occupants are paying no more than 30 percent of gross income for housing costs, which includes utilities. The term can refer to…

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THE ANNEX GROUP PARTNERS WITH YOUTH BUILD INDY PROGRAM FOR UNION AT 16TH CONSTRUCTION SUPPORT

The Annex Group®, a leading affordable housing developer announced its partnership with Youth Build Indy to help in the completion of construction for Union at 16th, an affordable housing community currently being built on the near westside of Indianapolis. The program, which operates under the acronym BUILD standing for Believers United in Local Development, provides…

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THE ANNEX OF BLOOMINGTON, A NEW WORKFORCE HOUSING COMMUNITY IN INDIANA, ANNOUNCED BY THE ANNEX GROUP®

Leading developer of workforce housing, The Annex Group®, recently announced plans to develop a new workforce housing community in Bloomington, Indiana. Funding for The Annex of Bloomington closed today. The $23.04 million community will be located at 321 and 403 E 3rd Street, 47401 and feature 102 studios, one and two bedroom units within two…

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THE ANNEX GROUP CEO KYLE BACH NOMINATED FOR MULTIPLE PROSPERITY INDIANA AWARDS

CEO of The Annex Group, Kyle Bach, has been nominated for two prestigious Prosperity Indiana Awards. Bach was nominated for The Michael Carroll Community Economic Development Leadership Award, which distinguishes an individual who has exhibited exceptional advocacy to further support the community economic development industry, and the John Niederman Rural Development Leadership Award, which celebrates…

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