Keeps essential workers close to their jobs
Workforce housing allows teachers, nurses, first responders, and service workers to live near where they work, reducing long commutes and strengthening the workforce.
About Us
Quality housing. Stronger communities.
Sixteenth Floor Residential is a national nonprofit organization that provides quality mixed-income affordable multifamily housing — places where people can develop their full potential.
Who We Are
A national nonprofit providing housing that works.
Sixteenth Floor Residential is a national nonprofit organization that provides quality mixed-income affordable multifamily housing — places where people can develop their full potential. We own and operate apartment communities throughout the United States that blend market-rate renters with residents who qualify under affordable housing income thresholds.
Our primary mission is to provide workforce housing to families and individuals who work but may still need assistance in securing a quality apartment near where they work or want to live.
Definitions
What is Multifamily Housing?
Multifamily housing is a residential building that contains multiple separate housing units under one roof. The most common examples are apartment communities and duplex communities. Unlike a single-family home, which houses one household, a multifamily building houses several households — each with their own entrance, kitchen, and living space — all within the same structure or complex.
What is Mixed-Income Affordable Multifamily Housing?
Mixed-income affordable multifamily housing is a residential development that includes units at different rental rates — with some units rented at market rate and others offered at reduced rates for lower-income residents.
The principle is straightforward: by mixing income levels within the same building or neighborhood, a community can provide quality housing to everyone who wants to rent while avoiding the concentration of poverty in any one area. Mixed-income affordable housing creates stronger communities by bringing together market-rate and income-qualified residents in the same well-managed, high-quality setting.
For example, in a 200-unit apartment community, 90 units might rent at market rate while 110 units are reserved for residents earning below a certain income threshold — at a rent they can actually afford.
What is Workforce Housing?
Workforce housing is a type of rental housing designed to be affordable for middle-income workers — people who earn too much to qualify for traditional low-income housing programs but not enough to comfortably afford market-rate housing. It typically serves teachers, nurses, firefighters, police officers, retail workers, and service workers, and is generally priced for households earning roughly 60%–120% of the area's median income (AMI).
Community Impact
The benefits of mixed-income affordable and workforce housing.
The type of housing Sixteenth Floor Residential provides delivers meaningful community benefits:
Strengthens the local economy
Businesses can attract and retain employees more easily when affordable housing is available nearby.
Reduces traffic and transportation costs
Housing near work means shorter commutes, less congestion, lower household transportation expenses, and reduced environmental impact.
Promotes community stability and economic diversity
Workers can establish long-term roots in the communities they serve, improving neighborhood cohesion, local engagement, and economic diversity.
Supports neighborhood investment
Mixed-income developments attract investment and amenities without displacing existing residents.
Reduces household cost burden
When families spend less on rent, they have more resources for healthcare, education, savings, and other essentials that improve long-term stability.
Our Organization
A Texas nonprofit with a national mission.
Sixteenth Floor Residential Inc. is organized as a Texas nonprofit corporation and holds 501(c)(3) tax-exempt status under the Internal Revenue Code. Contributions to Sixteenth Floor Residential are tax-deductible to the extent permitted by law.