Norfolk, VA \u2013 May 26, 2025 \u2013 Lawson, a long-standing leader in the development, construction, and management of multifamily housing, has been ranked #34 on Affordable Housing Finance Magazine\u2019s Top 50 Affordable Housing Developers of 2024 list. This national recognition underscores Lawson\u2019s continued commitment to addressing a critical need for quality affordable housing.\u00a0<\/p>\n\n\n\n
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. <\/p>\n\n\n\n
\u201cWe’re thrilled to be recognized among the top affordable housing developers in the nation.\u201d, said Aaron Phipps, President and CEO of Lawson. \u201cThis achievement is a direct reflection of the dedication and talent of our team, our trusted partners, and the communities we serve. We\u2019re deeply committed to creating housing that is not only affordable, but sustainable, and built to strengthen communities.\u201d <\/p>\n\n\n\n
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\u2019s Bridge \u2013 342 affordable apartments recently completed in Prince William County, and Miller\u2019s Rest \u2013 a three-phase affordable community in progress in Lynchburg. Lawson\u2019s development and construction pipeline continues to grow with additional projects in development or under construction throughout the state. <\/p>\n\n\n\n