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Lawson Recognized As A Top 50 Affordable Housing Developer
Lawson, a long-standing leader in the development, construction, and management of multifamily housing, has been ranked #34 on Affordable Housing Finance Magazine’s Top 50 Affordable Housing Developers of 2024 list. This national recognition underscores Lawson’s continued commitment to addressing a critical need for quality affordable housing.
With more than 50 years of experience, Lawson specializes in delivering communities that positively impact people through the Low-Income Housing Tax Credit (LIHTC) program. In 2024, Lawson put 270 new affordable apartment homes in service and started construction on four additional affordable housing communities totaling 476 units. The company expects to put 187 affordable apartment homes in service in 2025 and break ground on three more communities totaling 293 units, expanding access to safe, modern, affordable housing for low-income individuals and families across Virginia.
“We’re thrilled to be recognized among the top affordable housing developers in the nation.”, said Aaron Phipps, President and CEO of Lawson. “This achievement is a direct reflection of the dedication and talent of our team, our trusted partners, and the communities we serve. We’re deeply committed to creating housing that is not only affordable, but sustainable, and built to strengthen communities.”
Lawson has expanded to multiple new markets, with Smith Ridge Commons – a new 216-unit affordable housing community under construction in Roanoke, The Landing at Mason’s Bridge – 342 affordable apartments recently completed in Prince William County, and Miller’s Rest – a three-phase affordable community in progress in Lynchburg. Lawson’s development and construction pipeline continues to grow with additional projects in development or under construction throughout the state.
About Lawson:
At Lawson, we understand that what we do – and how we do it – affects the everyday lives of people we care about. We focus on positively impacting people, from team members and residents to investors and business partners. We manage and own approximately 5,000 apartment units and continue to grow with nearly 1,200 units under construction or in development. Our business model provides vertical integration of development, construction, property management and asset management services, which enables our team of experts to add value at every stage for our partners. When you act with integrity, focus on quality and work to find creative solutions, great things are possible. It’s how we’ve done business at Lawson for more than 50 years. For more information, please visit www.lawsoncompanies.com.