Anchor Housing Development, LLC has been committed to building strong, supportive communities since 1988.
Anchor has developed 13 Low Income Housing Tax Credit (LIHTC) financed rental communities located in Illinois, Iowa and Oklahoma. 8 communities involved acquisition and rehab of existing apartment buildings and 5 were newly constructed. 3 of these projects have completed their 15-year LIHTC Compliance Period and have been sold. Anchor affiliates continue as the general partners that administer the operation of the other projects.
Anchor specializes in developing affordable rental housing for 4 low-income resident groups: Homeless Populations, Independent Seniors, Special Needs Populations and Families.
1. Rescue Missions – Anchor partners with Gospel Rescue Missions to provide recovery program housing and transitional housing for the homeless. Please check out our “Rescue Missions” tab to learn more.
2. Independent Seniors – Our Legacy Manor communities offer upscale, affordable senior living for active seniors to enjoy. They are professionally managed by an on-site team that offers quality service to our residents.
3. Special Needs Populations – Our Special Needs communities offer housing for homeless families and children, pregnant and parenting teens, veterans and adults living with chronic mental illness. Anchor partners with non-profit and faith-based organizations to provide an environment that allows residents to obtain necessary supportive services.
4. Families – Our Family developments help parents provide a safe and secure home for their children.