At Stenneth Capital, we strongly believe in fostering affordable housing through a collaborative approach with tenants and Subsidy Programs partnership. Affordable housing is not just about providing shelter; it is about creating vibrant and sustainable communities. When both market rate and subsidized individuals live in the same buildings, it cultivates an environment where everyone strives for improvement. This aspiration for a better community becomes visible to all.
Our Expertise: Currently, 40% of our portfolio consists of tenants that are from subsidy programs. We have extensive experience in assisting tenants in navigating subsidy programs, from their initial orientation into the programs until they transition out. Our team is diverse and well-equipped across various disciplines to meet the specific needs of our subsidy partners.
Tailored Solutions: We offer customized unit modifications to ensure accessibility standards are met, such as installing ramps, handrails, or wheelchair-accessible bathroom fixtures in designated units. Our lease terms and rent structure are flexible to accommodate Income-Based Rent Adjustments and program-specific duration requirements.
Broadened Scope: We integrate supportive services into our housing communities, including on-site counseling, workshops on financial budgeting and life skills, and facilitating connections with healthcare providers.
Neighborhood Depth: We conduct in-depth assessments of neighborhoods to ensure the best fit between tenants and buildings, maximizing the success of our tenants.
Diversity: To effectively serve diverse populations of tenants, we have a multilingual staff that reflects the diversity of the communities we serve.