Standard Enterprises, Inc. is a comprehensive development, construction, management, and real estate investment firm established in 1948. Over the decades, the company has built a strong reputation in the industry, initially launching its apartment construction projects in the late 1960s. The formation of their Management Division in 1968 marked a significant expansion of their services, allowing them to maintain high standards across their operations.
Focused on affordable housing, Standard Enterprises leverages Federal and State programs to facilitate private investment in rental properties for low-income families. They adeptly raise project funding through the sale of tax credits to investors, ensuring a collaborative response across various departments involved in development, construction, and property management. This well-coordinated approach empowers Standard Enterprises to undertake complex projects effectively, whether they involve rehabilitating existing communities or embarking on new construction ventures.
With a management portfolio exceeding $200 million, they oversee over 90 multi-family housing facilities, offering more than 5,000 residential units across Louisiana and Mississippi. Additionally, their expertise extends to shopping center, office building, and mini-warehouse management, providing a diverse range of property management services.
Their commitment to delivering quality housing is evident in their motto, "One team, one goal, one vision, one mission... success. Failure is not an option, but a choice. We choose to succeed." Guided by this philosophy, Standard Enterprises has successfully developed over 70 tax credit projects, amounting to more than 4,500 units in states including Louisiana, Mississippi, Arkansas, and Ohio.
Standard Enterprises promotes equal housing opportunity for all residents, ensuring fair access irrespective of race, color, creed, national origin, disability, or marital status. Their longstanding tradition of excellence continues to shape their contributions to the housing sector.