Pennrose Companies

10/28/2026

Sustainability is about more than environmental impact. It's about creating healthy, efficient homes that enhance the resident experience, strengthen operational performance, and support the long-term resiliency of our communities.

Whether through rooftop solar, smart water technologies, energy-efficient design, or improved indoor environment quality, our teams are focused on delivering homes that are both environmentally responsible and comfortable places to live.

That commitment takes many forms across our portfolio, from tracking energy and water usage to identify opportunities for improvement to advancing innovative solutions like geothermal heating and cooling technology. It also means designing communities built to withstand the challenges of a changing climate, including our first off-grid development in the U.S. Virgin Islands.

On this World Sustainability Day, we are proud to reaffirm our commitment to building communities that are resilient and sustainable for generations to come.

10/27/2026

From a vacant 7-acre lot to a vibrant new transit-oriented community in downtown Naugatuck!

Pennrose, The Cloud Company, and the Borough of Naugatuck celebrated the ribbon cutting of Platform at Naugatuck, joined by Office of Governor Ned Lamont, Rep. Rosa DeLauro, Mayor Pete Hess, and state and local leaders.

The first phase delivers 60 mixed-income apartments, ground-floor commercial space, and amenities including a resident lounge, fitness center, and roof deck, all steps from a new train station with access to Metro-North, opening in summer 2027.

Thank you to our partners: The Cloud Company, Borough of Naugatuck, TD, Red Stone Equity Partners, M&T Bank, Ion Bank, Connecticut Housing Finance Authority, Connecticut Department of Housing, Connecticut Department of Developmental Services, Federal Home Loan Bank of Boston, Federal Home Loan Bank of New York

Read more: https://www.pennrose.com/news-views/news/2026/pennrose-the-cloud-company-and-borough-of-naugatuck-celebrate-ribbon-cutting-of-platform-at-naugatuck/

10/23/2026

WE ARE HIRING | Our team is expanding, and we are excited to find a Maintenance Technician in Washington D.C. Ready to make a difference in the community? Apply now! Check out the link to learn more about this position. https://ow.ly/pMMe5100t0W.

10/22/2026

We’re pleased to share our 2025-2026 Corporate Responsibility Report, highlighting Pennrose’s approach to Social Impact, Sustainability & Resiliency, and Conscious Governance.

The report brings together stories, partnerships, initiatives, and milestones from across our communities, reflecting the many ways corporate responsibility is embedded in how we build, operate, engage, and lead. From employees supporting resident stability and strengthening community partnerships to advancing sustainable practices and responsible governance, it offers a look at our continued progress and the people and partners who make this work possible.

To view the full report and learn more about Corporate Responsibility at Pennrose, you can visit: https://www.pennrose.com/corporate-responsibility/

10/21/2026

We're proud to sponsor AHF Live 2026 and join industry leaders from across the affordable housing sector for conversations about the future of our communities.

AHF Live brings together the capital, development, and community shaping affordable housing, creating opportunities to share ideas, strengthen partnerships, and explore innovative solutions that help communities thrive.

If you'll be attending, we'd love to connect.

📍 Hyatt Regency Chicago
📅 November 16-18, 2026

10/15/2026

The places we live should reflect the people who call them home. At Perry Homes in Buffalo, residents helped make sure of it.

When Pennrose and the Buffalo Municipal Housing Authority set out to redevelop Perry Homes, public art was always part of the vision. Pennrose designed a feature wall on the new community building to hold it, and today that wall is home to a mural shaped by residents, who shared their stories and ideas with the Buffalo AKG Art Museum. Their portraits and suggestions are now part of the finished artwork.

Thank you to Buffalo AKG, BMHA, and every resident who shared their story.



Photo by Jeff Mace, courtesy Buffalo AKG Art Museum.

10/14/2026

Pennrose team members from across the Philadelphia region recently joined Habitat for Humanity Philadelphia for a volunteer Build Day in North Philadelphia.

Working alongside the Habitat team, our volunteers helped advance the rehabilitation of a historic rowhome that will provide three affordable homeownership opportunities for future Habitat homeowners. From painting and insulation to stucco work, team members rolled up their sleeves and contributed to a project that will have a lasting impact on families and the surrounding community.

This volunteer day builds on the Pennrose Foundation's recent support of Habitat's work in Brewerytown.

We're grateful to Habitat for Humanity Philadelphia for the opportunity to contribute to this work and proud of the Pennrose employees who shared their time and energy to support our neighbors.

10/13/2026

From a former county correctional facility to one of the nation’s best affordable housing communities!

Golden Hill Apartments in Kingston, New York was recently honored at the U.S. Capitol with a 2026 Recognition of Housing Tax Credit Excellence from the Affordable Housing Tax Credit Coalition.

Built on the former site of the Ulster County jail, Golden Hill transformed a long-underutilized lot into 164 affordable homes for seniors, families, and individuals, with on-site supportive services to help residents thrive.

Congratulations to Family of Woodstock Inc, Hudson Housing Capital, and every team member who helped make Golden Hill a place for New Yorkers to call home.

Read more: https://www.taxcreditcoalition.org/gallery/golden-hill/

10/12/2026

"When we approach these developments, we look at them as entire communities, places, neighborhoods."

That’s how Pennrose President Charlie Adams describes our approach in a new documentary from Boston College tracing how mixed-income housing has evolved from HOPE VI to today’s Choice Neighborhoods Initiative.

Charlie joined Logan Herring, CEO of The WRK Group, to spotlight our partnership with REACH Riverside on Imani Village, a mixed-income redevelopment bringing renewed opportunity to Wilmington’s Riverside neighborhood.

Watch the full film: https://www.youtube.com/watch?v=PKp8HmwtPFU

From the postwar American Dream to the rise and fall of public hous...

10/09/2026

Take a closer look at the transformation of Legacy at Herndon Square and the ongoing redevelopment of Herndon Homes in Atlanta. Watch the video to see how this community is creating new housing opportunities while honoring its history and strengthening its future.