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MIAMI, FL - Housing Trust Group (HTG), a leading multifamily developer that develops, builds, and manages a $4 billion portfolio of affordable, workforce, market-rate, and senior housing, is excited to announce the completion and grand opening of Crescent Place, a brand-new $18.2 million affordable housing community in Arlington Heights, Illinois. Located about 40 minutes north of Downtown Chicago, the community marks HTG’s entry into the state of Illinois s affordable housing market.
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CHICAGO, IL - Housing Trust Group (HTG), one of the nation’s largest developers of affordable housing, has closed on financing and broken ground on Crescent Place, a new $18.2 million affordable housing community in Arlington Heights, Illinois – roughly 25 minutes north of Downtown Chicago. Apartments at Crescent Place will be reserved for income-qualifying residents who earn at or below 30 and 60 percent of area median income (AMI), with rents ranging from $524 to $1,258 per month..