Affordable Housing

BKV Group’s dynamic experience in affordable housing centers on thoughtful, human-centered design that elevates both the individual experience and the collective neighborhood fabric. By fostering community connections and integrating sustainability practices, we create environments that not only enhance daily life but also spark long-term economic, social, and cultural renewal.

70+

LIHTC Projects

8,000+

Affordable Housing Units Around the Country

Knowledgeable Partners for Developers and Investors

We have extensive experience working on projects that are both LIHTC funded, use historic tax credits, as well as other tax incentives and credits. By knowing how to navigate these protocols, BKV provides more affordable housing projects which generate enough profit to make the development feasible and successful.

Versatility in Housing Types

SENIOR:

Designed to enrich daily life, these communities offer indoor and outdoor amenities that encourage engagement and active living. Thoughtfully planned spaces and locations foster connection, providing residents with both in-house and neighborhood services that strengthen their sense of community and belonging.

FAMILY:

Designed with open, flexible spaces that support residents of all ages, creating environments that adapt to evolving household needs. Thoughtful features such as indoor and outdoor play areas, walk-up apartments, and walkable neighborhoods foster connection, activity, and a strong sense of place.

WORKFORCE:

Communities that are thoughtfully located near local transit for convenient access to metro areas, supporting residents’ daily commutes and connections. Amenities and natural outdoor spaces promote health, well-being, and social interaction, while in-unit office and desking areas accommodate today’s flexible work lifestyles.

ARTIST:

Designed as collaborative live-work environments featuring amenities such as painting, pottery, and music studios, along with gallery spaces that support creative expression and livelihood. Thes communities maximize functionality by addressing spatial, operational, energy, and maintenance needs for artists.

Building Conversion & Creative Reuse

BKV also has a depth of experience with creating innovative, cost-effective solutions that enhance and modernize historic and prior-use buildings. By maximizing functionality and promoting growth, these types of affordable housing projects preserve the past while contributing to the broader revitalization of the surrounding neighborhood.

Learn more here.

Market Sector Leaders

Mike Krych

Senior Design Leader, Managing Partner
Minneapolis, MN

Mark Harris

Senior Design Leader, Partner
Chicago, IL

Chris Palkowitsch

Senior Design Leader, Partner
Minneapolis, MN

Liza Kapisak

Director of Interior Design, Partner
Minneapolis, MN

Shaney Mullen

Senior Design Leader, Managing Partner
Dallas, TX

News and Insights

The Washington Post Takes a Deep Dive into Artspace Silver Spring

The Washington Post singularly showcased our affordable housing and arts community, Artspace Silver Spring, this past March. The article describes how BKV Group “partnered with Artspace Projects, Inc., a nonprofit developer of live/work spaces for artists, and the Montgomery County Department of Housing and Community Affairs, to transform the Third District Police Station in Silver Spring, Md., into an arts and cultural hub that includes housing.” As live/work housing for artists becomes a greater need nationally, we hope this project provides a model for more communities to emulate.

How Rehab Projects Preserve Affordability

In Multifamily & Affordable Housing Business, Mike Krych was interviewed about how affordable housing developers can use a variety of programs and incentives to bridge the gap between tax credit equity and construction costs. The key benefit of these affordable projects, as Mike states, is that “there’s such a shortage of affordable housing to begin with that to be able to provide that use for families or individuals to have a place to call home and a place they can be proud of – that’s a big part of the purpose here.”

How Multifamily Design Can Be Applied to Affordable Housing Projects

BKV Group was asked to provide our design strategies for incorporating multi-family trends into next-generation affordable living projects with Mike Krych contributing insights to the “Affordable Meets Luxury In the Midwest” section of the article. Detailing specific approaches like the courtyard-style buildings at our 1500 Nicollet project, and the “economies of scale” used at Union Flats, Mike articulated that by achieving greater density, you can create affordable yet durable buildings to achieve the project’s desired aesthetic. Plus, deliver market-rate quality amenities to an affordable community serving those at or below 60% of AMI.