Celebrating 35 years in 2026

Transforming lives through affordable housing

Affordable housing helps residents and communities thrive. 2026 marks our 35th anniversary and we’re proud to develop and build beautiful, sustainable affordable housing that transforms neighborhoods and changes lives.

About The Paces Foundation

Who we are

We elevate neighborhoods and entire communities by providing stable, affordable housing that helps deter crime, lower health care costs, and reduce truancy.

LEARN MORE >

What we do

For nearly 35 years, we have made homes affordable and offered residents dignity, hope, and stability. Our housing has made a positive impact on thousands of lives.

LEARN MORE >

Who we serve

We help close financial gaps by creating sustainable affordable homes for seniors and families with low incomes and those who have special needs.

LEARN MORE >

Our community impact >

Fundraising efforts led to a new playground for kids at our Nantahala Village property in North Georgia that we’ve owned for more than a decade.

Investing in our communities for over 35 years

∼31,000

Kids in homes

Children thrive in stable homes where communities are supportive. Our kids benefit from homework help programs, playgrounds, and often pools.

3,000+

Apartments giving residents a step up

Our apartments are mindfully built so that energy bills stay low and amenities rival surrounding at-market homes.

$1B+

Invested in jobs and communities

Communities thrive as each new property offers work to local trades and often increased property values to surrounding homes.

∼100,000

Residents taking charge of their future

Residents that have an affordable place to live are better positioned to be strong contributors to their towns and neighborhoods.

Our work in action

View All News and Events

Harrison Village Grand Opening

Paces Preservation Partners, in partnership with the Gainesville Housing Authority, held a grand opening ceremony on December 11, 2025, for Harrison Village Phase I.

Cooper Green Renovation Kickoff Celebration

The Housing Authority of Birmingham District (HABD) and Paces Preservation Partners held the Cooper Green renovation kickoff celebration on January 28, 2025. The event signaled commencement of renovation and rehabilitation of the 32-acre site.

Groundbreaking for Metropolitan Place highlights public-private partnership

Public-private partnership spurs development of new, 176-unit apartment community to serve the needs of workers and families along Atlanta’s Metropolitan-Perkerson corridor.

Project partnership

In 2020, we formed a strategic partnership with Soho Housing Partners called Paces Preservation Partners, that combined our decades of affordable housing development and preservation experience with Soho’s exceptional capabilities in structuring our complex financial solutions that make quality investments for workforce housing communities possible.

Together, we bring affordable homes to life by building a coalition of government and community organizations, financial corporations, nonprofits, architects, and construction firms.

Our community impact >

Brownsville Manor in Pensacola, Florida redefines senior living with 88 stylish units. It not only gives those on fixed incomes affordable living, but also a real sense of community.