Category: Press Release
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Just Closed: Approximately 9.6-Acre Olympia Site to Become Affordable Housing
Harbor Pines Apartments Will Bring 272 Income-Restricted Units to West Olympia Upon Completion OLYMPIA, WA — July 7, 2026 — DevCo Residential Group is pleased to announce the successful closing of an approximately 9.6-acre site in West Olympia, bringing much-needed affordable housing to Washington’s state capital. Harbor Pines Apartments is a 4% LIHTC ground-up construction…
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DevCo Residential Group Expands Affordable Housing in Sioux Falls with Opening of Hidden Valley Stables Apartments
216 new income-restricted homes expand access to housing for local workforce and families SIOUX FALLS, SD — April 22, 2026 — DevCo Residential Group, in partnership with its affiliates DevCo Development and DevCo US Construction, celebrated the grand opening of Hidden Valley Stables Apartments, a new 144-unit income-restricted community on the south side of Sioux…
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DevCo Residential Group Celebrates Grand Opening of Kinwood Place Apartments, Expanding Affordable Housing in Indianapolis
INDIANAPOLIS, IN – April 21, 2026 — DevCo Residential Group, in partnership with its affiliates DevCo Development and DevCo US Construction, celebrated the grand opening of Kinwood Place Apartments, a new 144-unit income-restricted community located on the south side of Indianapolis. The project also marks a significant milestone for the company as DevCo US Construction’s…
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HNN Communities Announces Wes Daniel as President
HNN Communities, the property management affiliate of DevCo Residential Group, announces the appointment of Wes Daniel as President. In this role, Wes will lead the operational performance and organizational development of HNN Communities as the company continues to grow its portfolio of communities across Washington State. Wes brings more than 30 years of multifamily property…
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DevCo Residential Group Breaks Ground on the Domes Church Affordable Housing Project in Caldwell, Idaho
Upon completion, 152 income-restricted apartment homes will be available to support the local community Caldwell, ID — DevCo Residential Group, along with its affiliates DevCo Development and DevCo US Construction, proudly celebrated the official groundbreaking of its latest multifamily development — the Domes Church Project — on Monday, October 20, 2025, at 821 North 16th…
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DevCo Residential Group Celebrates Grand Opening of Westlake Heights Apartments in Bozeman
216 new income-restricted homes expand access to housing for local workforce and families Bozeman, MT — DevCo Residential Group, along with its affiliates DevCo Development, DevCo US Construction, and DevCo Residential Property Management, hosted a grand opening and ribbon-cutting ceremony on Thursday, August 21, 2025, to celebrate the completion of Westlake Heights Apartments — a…
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DevCo Welcomes Astra and Solera Apartments as the newest additions to the Renton Highlands during the grand opening
DevCo Residential Group and The City of Renton’s Community & Economic Development Department held the grand opening of Astra and Solera Apartments on June 21 RENTON, WA (JUNE, 2025) – The official ribbon cutting for Astra and Solera Apartments was on Saturday, June 21, to celebrate the latest development as part of the Sunset Area…
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DevCo Announces Financial Closing of Emerson Place Apartments in Indianapolis, Indiana
New 144-unit affordable housing community marks DevCo’s first ground-up project in Indiana December 13, 2024 DevCo Residential Group and are affiliates are proud to announce the successful financial closing of Emerson Place Apartments, a new affordable housing community located in Indianapolis, Indiana. This marks DevCo’s first ground-up project in both the Indianapolis area and the…
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Introducing The Arbour, Boise’s Newest Affordable Apartment Community
The Arbour Brings Much-Needed Affordable Rental Homes to the Treasure Valley DevCo Residential Group and its affiliated entities are pleased to announce the grand opening of The Arbour Apartments, the newest affordable housing community in Boise, Idaho. Located just off West Franklin Road in the Boise Bench neighborhood, this brand-new community addresses the critical need…