About Beneficial Communities
Beneficial Communities is more than your average real estate development company.
Sure, we have real-world experience in design, financing, entitlement, construction, and ownership of projects that combine tax credits and other innovative specialized funding sources. Yes, we absolutely build market-rate rental housing communities with an array of amenities for those who want – and can afford to pay – more.
But we also turn former steel mills and designated brown fields into cherished senior communities in challenging markets facing extraordinary demand. We piece together multiple sources of funding to build dozens of units in underserved rural communities where market rents can’t otherwise support the necessary costs. We build single family housing neighborhoods in rural communities where rental housing is scarce yet sorely needed. We persevere through fierce reservations only to ultimately earn the praise of some of our most ardent opponents.
Simply put, everything we do is Beneficial.
In other words, whether for less or with more, we help people live better. That’s been our goal since 2001 when we opened our doors with a concentration on building modern yet affordable senior and rental housing options in underserved rural communities.
Since then, we’ve perfected our highly successful approach and unique financing capabilities, which has allowed us to broaden our focus. Today we invest in and develop not only market-rate housing for growing families and busy professionals, but also mission-driven, tax leveraged real estate projects for underserved populations in all types of locations – from rural to inner-city urban.
And at Beneficial Communities, our residents are the key. With their needs and wishes met in a safe, affordable home of modern features that are designed to enhance their lives, they are the ones who truly benefit.