Le Lézard
Classified in: Business
Subject: PDT

ICON National Completes 450 Units for California's Homekey Project


National Construction Solutions Company ICON National Contributes to Statewide Effort to Expand Affordable Housing in California

SCOTTSDALE, Ariz., April 17, 2024 /PRNewswire-PRWeb/ -- 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.

"We're very proud to be a part of California's Homekey project to expand housing options for underserved communities," said Justin Krueger, CEO of ICON National.

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 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 within the Homekey initiative, totaling 450 livable units. The projects, their respective locations and units include:

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're 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-needed 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 10,000 affordable multifamily and senior housing units. This equates to over $700 million in construction, while positively impacting the lives of more than 25,000 residents. 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 is headquartered in Scottsdale, Ariz. and comprises nearly 100 team members, all with diversified construction backgrounds prepared to handle any type of affordable housing project. ICON National effectively collaborates with architects, engineers, owners, consultants, and trades throughout the affordable housing ecosystem.

For more information about ICON National, please visit http://www.iconnational.com.

Media Contact

Alison Walsh, Serendipit Consulting, 6027410866, [email protected], www.serendipitconsulting.com

SOURCE ICON National


These press releases may also interest you

at 14:37
Trading resumes in: Company: VERANO HOLDINGS CORP. NEO Exchange Symbol: VRNO All Issues: No Resumption (ET): 1:11:50 PM CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading...

at 14:32
LightBox, a leading provider of commercial real estate (CRE) information and technology, released its first quarter CRE Activity Index, which highlights a modest uptick in deal activity from the previous quarter's low and provides insights into an...

at 14:30
Maplewood Senior Living, a leading national provider of senior living residences with 16 communities across the Northeast and Ohio, is honored to host Teepa Snow, the acclaimed occupational therapist, leading educator, and dementia care expert, for a...

at 14:30
Toyota Motor North America ('Toyota') announces that it has entered a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy's Argonne National Laboratory to investigate the development of a direct recycling process...

at 14:21
Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced today that Summerwell Wildcat Ranch, DFW's first...

at 14:20
NioBay Metals Inc. ("NioBay" or the "Company") is pleased to announce the closing of the first tranche of a private placement (the "Offering"). Under the Offering, the Company raised proceeds of $312,005 from the sale of 4,457,215 Quebec-eligible...



News published on and distributed by: