GC Housing Development
GC Housing Development LLC (GCHD) is a fourth generation, Chicago metro-based developer of affordable housing. Utilizing federal housing tax credits to finance their affordable housing portfolio, GCHD currently focuses on developing high-quality, affordable, independent living residences for those over the age of 55. GCHD is currently working on plans to expand the portfolio to also include family communities. GCHD’s mission is a two-prong approach: 1) Develop high quality, affordable housing by providing our residents with spacious units with the most in-unit and common area amenities, at an affordable rent level and 2) Become stewards of the communities we develop in through long-term relationships with property management, long-term investments in maintaining and improving the physical health of our properties, and long-term focus on the overall well-being of our residents.
GCHD’s co-founders have developed over 700 units of affordable housing units across the state of Illinois. GCHD, through a partnership with, Crane Construction Company LLC, provides both development and construction services from start to finish for all our projects. By retaining control over the entire construction process, we are uniquely suited in the affordable housing community to help partners accomplish cost savings while being fully accountable for the physical soundness of the communities we construct.
With over five decades of combined experience, GCHD’s founders have worked with all types of stakeholders in the affordable housing marketplace. We have seen the good, the bad, and everything in between. Whether GCHD is collaborating with a non-profit whose mission is to bring more affordable housing to a particular region, or partnering with a large financial institution seeking to reinvest in the communities they do business in, GCHD understands the importance of working with the right partners to bring long-term change to communities across the state of Illinois and beyond.