Who We Are
April Housing, a Blackstone portfolio company, is a leading provider of solutions and capital for the creation and preservation of high-quality affordable housing throughout the United States. April’s initial portfolio comprises of over 90,000 affordable housing units recently acquired by Blackstone Real Estate Income Trust (BREIT).
The company’s commitment to preserving affordability of this critical housing stock on a long-term basis is made possible by perpetual capital from BREIT. The company is headquartered in Los Angeles and oversees one of the nation’s largest LIHTC portfolios.
“The need for affordable housing has never been greater. At April Housing, we are committed to identifying innovative solutions to preserve and expand the affordable housing stock in the U.S.”
— Alice Carr, CEO, April Housing
“April,” which means “to open,” aligns with our goal of opening new paths to preserving and expanding the supply of high-quality affordable housing, where residents and communities thrive. At April Housing, we are committed to a singular mission: providing best-in-class management and high-quality housing for residents who earn less than the area’s median income. Over the next decade, we intend to invest over $500 million to improve our communities while keeping rents affordable for our residents.
At April, we celebrate the Low-Income Housing Tax Credit (LIHTC) program, which has created over 3 million quality, affordable homes and is widely considered the most successful affordable rental housing production program in our nation’s history.
Expertly managed properties lead to more satisfied residents, lower turnover, and stronger communities, as well as consistent value creation for our investors. Our properties are managed and maintained to the highest possible standards.
Open & Transparent Communication
We value resident engagement, and proactively seek resident feedback.
We expect professionalism and excellence from our property managers.
Meaningful Capital Investment
We invest significant capital to improve and maintain our properties. We want our residents to stay for a long time.
Respect for Our Residents
We expect our property management teams to treat residents fairly, consistently, and respectfully.
We endeavor to have a positive impact on our communities and support our local economies.