Business Details
31 Years
experience
Emergency
services
Affordable Housing Communities in Iowa & Minnesota
EverGreen Real Estate Development has been a leader in affordable housing development since 1995, founded by owner/developer Gregory McClenahan. Our expertise lies in creating quality housing solutions for moderate-to-low-income families and seniors across Minnesota and Iowa. We specialize in leveraging tax credit programs like Section 42 to deliver innovative, income-qualified housing while maintaining resident-friendly management practices. With five family-focused communities in Minnesota and Iowa, and six senior-assisted living communities in Iowa, we manage over 600 rental units through strategic partnerships and cooperative ventures.Our commitment to excellence is evidenced by industry recognition, including the Minnesota Housing Finance Authority's Excellence in Development Award and the WNC & Associates Presidents Award. We integrate supportive services like on-site healthcare through our affiliate Open Arms Home Health Care, ensuring residents receive comprehensive care. Our team pioneers public-private partnerships to address housing shortages, prioritizing sustainability, community engagement, and long-term affordability.
Services
Affordable Housing Development
Senior Assisted Living Communities
Property Management
Tax Credit Development
Community Amenities
On-site Healthcare Services
Resident Support Programs
Public-Private Housing Partnerships
Section 42 Compliance
Elderly Waiver Program Coordination
Details
- Year established: 1995
Highlights and features
- We have 29 years of experience in affordable housing development across the Upper Midwest.
- Our properties integrate on-site healthcare services through Open Arms Home Health Care partnerships.
- We pioneered HUD-funded public-private housing initiatives recognized by state authorities.
- Our team manages over 600 rental units with resident-focused maintenance and support programs.
- We developed Iowa's first tax-credit-assisted living facilities for income-qualified seniors.
Services
Affordable Housing Development
EverGreen develops income-qualified housing communities using Section 42 tax credits. Our properties feature modern amenities like playgrounds, fitness centers, and community rooms while maintaining affordability for moderate-to-low-income families. We prioritize sustainable construction and neighborhood integration.
Senior Assisted Living Communities
Our Rose Communities provide affordable assisted living for seniors with 24-hour monitoring and on-site healthcare services. Residents receive personalized care plans, congregate meals, and social activities while maintaining independent living in private apartments.
Property Management
We manage over 600 rental units with proactive maintenance and resident support programs. Our services include emergency response systems, community event coordination, and compliance with federal housing regulations to ensure long-term property viability.
Tax Credit Development
EverGreen utilizes Low-Income Housing Tax Credits to create affordable units under Section 42 guidelines. This approach allows us to offer below-market rents while maintaining construction quality and securing funding for supportive services like healthcare partnerships.
On-site Healthcare Services
Through Open Arms Home Health Care, we provide skilled nursing, therapy, and personal care services directly at our senior communities. This includes Medicare-certified care plans, emergency response systems, and wellness education programs tailored to elderly residents.
People
Gregory McClenahan
Owner/Developer
Gregory McClenahan founded EverGreen in 1995 with a vision to address affordable housing shortages. He pioneered tax-credit-assisted living models in Iowa and received national recognition for innovative public-private housing partnerships.
Questions
What income requirements qualify for EverGreen housing?
Residents must meet HUD-established income limits based on family size and local median income. Section 42 units require households to earn below 60% of the area median income.
Do senior communities include healthcare services?
Yes. Our Rose Communities offer 24-hour monitoring, skilled nursing, therapy services, and personal care assistance through Open Arms Home Health Care partnerships.
How does Section 42 housing differ from Section 8?
Section 42 rents are fixed below market rates based on area income limits, while Section 8 rents are calculated as 30-40% of tenant income with government subsidies covering the difference.
Are emergency maintenance services available?
Yes. We provide a 24/7 emergency hotline for critical issues like heating failures, water leaks, or fire hazards requiring immediate attention.
What community amenities are offered?
Properties include playgrounds, fitness centers, community rooms, walking paths, and social activity programs tailored to family and senior resident needs.
How are healthcare services funded in senior communities?
Our Open Arms agencies operate through Medicare, Medicaid, and Elderly Waiver programs, providing cost-effective care coordination for income-qualified seniors.