City Leaders

Ready to support your community with a new development.

Let's Build Equitable and Sustainable Neighborhoods...

We at J.Reid Companies, are building homes for YOUR community.  We are creating homes for your neighbor’s grandmother, your local cafeteria worker, and the rookie police office that keeps you safe. We want to build a community for REAL people and those families that keep the communities intact.

Notably, we first build a relationship with city leaders, nonprofits, and local stakeholders. Next, we leverage those relationships to develop solutions grounded in the community. Finally, our goal is to implement positive changes that will impact future generations for years to come.

Economic Growth

Our projects not only grow the housing stock, but by investing in quality and affordable housing typically spearheads retail, restaurant, office, job creation, and spending.

Healthy residents

Research indicates that access to stable, quality, and affordable housing supports positive health effects for families. This positive effects can translate to better career and educational outcomes.

Long-term Partnership

We build quality upfront, knowing that we’re holding our properties long-term. Overall, we strive to be more than just your average development partners; we aspire to be your trusted neighbors.

Resident Support

Our company's mission is deep-rooted in community empowerment. As such, we constantly work to provide our residents with up-to-date information and resources to keep them encouraged and empowered.

Addressing concerns...

Here at J.REID Companies, one of our primary goals is to provide communities with accurate and comprehensive data surrounding affordable housing. In our experience, presenting residents with straightforward facts and data helps us work together to build tighter-knit and empowered communities and neighborhoods. 

Your local cafeteria worker, the rookie firefighters that keep you safe, your neighbor’s grandmother—these are the people we’re creating homes for.

Beyond building quality attainably priced communities, we have made it an integral part of our mission and work to empower our residents by providing resources that will promote personal growth, education, wellness, and financial literacy for our residents.

Actually, the opposite is true. Access to affordable housing ensures economic growth within a community. Specifically, there is a delicate balance that must be maintained between low-income and high-income families to ensure economic stability and growth. The real culprit that hinders economic growth is when there is not enough low-income worker to meet the demand for service jobs, like fast-food and retails jobs.

 

The data suggest that only a small number of residents are against affordable housing. The good news is that opponents of affordable housing developments have a change of heart after discovering what our developments offer and who our homes are built for.

Typically, affordable housing is developed in communities that need renewal.

Therefore, affordable housing actually can spearhead the development or revitalization of market-rate housing in various neighborhoods and communities.

Actually, businesses prefer to have central locations near the communities where their workers reside. Specifical retail giants, restaurants, and office buildings can only survive in locations with enough workers to support their operation. Therefore, by having a larger housing stock available in your neighborhood, you will most certainly attract additional businesses and amenities to boost economic growth in your community.

Did you know that it takes up to 8 service workers to support higher-income individuals (i.e., income over $100,0000)?  As such, those individuals/workers are critical to maintaining the economic stability of a neighborhood and likewise require affordable homes to reside in.

As a development firm, we work with top design architects, that put our projects at market-rate standard. Furthermore, because most affordable housing projects frequently rely on some public money, they have to comply with additional restrictions and higher standards than market-rate housing.

 

Actually, Affordable housing enhances local tax revenues. By improving or replacing substandard housing, affordable housing becomes a net plus on the tax rolls. 

Property tax for multi-family complexes are significantly higher than single-family homes.

Affordable housing residents tend to own fewer cars and drive less
often. Building affordable housing near job centers can help alleviate
traffic congestion and support increased use of public transportation.
Therefore, affordable housing can help reduce a significant amount
of traffic by allowing working people to live near their jobs. This is
especially true for multi-family and infill development in more densely
zoned neighborhoods.