PHOENIX, Ariz. (07.04.2024.) – ICON National, a leader in construction solutions for the occupied renovation of affordable multifamily and senior housing communities, recently announced that they have completed 450 units of affordable living in California in light of the state’s Homekey initiative to grow housing options for the unhoused.
The statewide effort aims to expand housing for persons experiencing homelessness, or at risk of housing insecurity, by creating permanent or interim housing options through the development or renovation of hotels, motels, vacant apartment buildings and other properties. As industry leaders in occupied affordable housing renovations, ICON National recognizes the impact these projects have on the community, making the company a supporter of the cause.
“We’re so proud to be a part of California’s Homekey project to expand housing options for underserved communities,” said Justin Krueger, CEO and president of ICON National.”The new developments will not only provide an affordable housing solution for many, but also contribute to the overall well-being of the residents within those communities.”
Thus far, the construction solutions firm has contributed to six projects to the Homekey initiative, totaling 450 liveable units. The projects, their respective locations and units include:
- Casa Alient, Oxnard, Calif. – 70 units
- Aviation (LAX Suites), Inglewood, Calif. – 48 units
- Motel 6 Phase I, Costa Mesa, Calif. – 44 units
- Tahiti Inn Phase II, Stanton, Calif. – 77 units
- Stanton Motel Phase II, Staton, Calif. – 77 units
- Hillview Court Phase II, Mlipetas, Calif. – 134 units
These developments are expected to increase the amount of affordable housing in the area, helping many individuals meet their basic needs without compromising on quality.
“At ICON National, we are on a mission to impact communities and change lives,” said Krueger. “We take immense pride in these projects as they are a testament to our commitment to creating inclusive communities and providing much-need affordable housing options for individuals and families in these areas.”
ICON National looks forward to its continued efforts developing affordable multifamily and senior housing communities across the country, ensuring that all individuals have access to comfortable living environments.
To learn more about ICON National’s current projects, visit their website at iconnational.com.
About ICON National
With significant specialized experience and a strong reputation in the Low-Income Housing Tax Credit industry since 2017, ICON National has drawn the blueprint for success through its work ethic, knowledge, quality, and financial strength. As a skilled and experienced General Contracting firm, its team has completed more than 7,500 affordable multifamily and senior housing units. This equates to over $500 million in construction, while positively impacting the lives of more than 20,000 families and seniors.[1] On top of delivering a quality product, ICON National strives to provide a strong company culture for their team members, as well as impactful social initiatives. This empowers ICON National’s employees to give back to the communities that the company serves. ICON National has been recognized as a Best Place to Work by Inc. Magazine and a Top Company to Work for by The Arizona Republic.
ICON National has offices in Scottsdale, AZ and Nashville, TN and comprises more than 100 team members, all with diversified construction backgrounds prepared to handle any type of affordable multifamily and senior housing project. ICON National effectively collaborates with architects, engineers, owners, consultants, and trades throughout the affordable multifamily and senior housing ecosystem.
For more information about ICON National, please visit www.iconnational.com.
