We believe in diverse communities that welcome residents of varying incomes levels, ethnicities, ages, and physical capabilities.

McCormack Baron Salazar’s mixed-income housing developments are designed, built, and managed to market-rate standards but include a seamless affordability component that includes both affordable and market rate rents. The development is owned by a public-private partnership and managed by a private property management company.

The idea of mixing incomes in residential settings is not new. Urban neighborhoods have traditionally included a mix of rental and for sale housing types suitable for an array of incomes and family sizes. Recognizing the need to recreate the mixed-income neighborhoods that once existed in cities, and understanding that public support for new all-affordable housing can be difficult to obtain, mixed-income housing has emerged as a feasible solution to provide workforce housing and affordable housing while simultaneously rebuilding distressed communities.

In addition, mixed-income housing has been recognized as a means to leverage market forces to provide high-quality, well-maintained living environments while increasing affordable housing options for lower and moderate income households. As a result, mixed-income development has become a popular way to supply affordable housing options, increase absorption in large planned developments, decrease the concentration of poverty, and revitalize urban neighborhoods. When located close to job centers, transit stations, schools or services, mixed-income housing provides more than just another housing product: it creates sustainable communities and activates smart growth principles by reducing travel and congestion.