Perennial Housing Group launches with 31 Section 8 properties
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ALPHARETTA — November 13, 2026 -- Perennial Housing Group has launched as an affordable housing owner and operator with a portfolio of 31 properties holding almost 4,000 apartment units across 10 states in the Southeast and Midwest. Of the 31 properties, 97% by count are supported by long-term project-based Section 8 (PBS8) contracts, which works out to 30 properties by FairsOnline's calculation.
Perennial's portfolio averages fewer than 130 units per property
Almost 4,000 units across 31 properties equals fewer than 130 units per property, by FairsOnline's calculation. The 31 properties across 10 states average about three per state. One property in the portfolio is not covered by a PBS8 contract. The company did not say what contract or arrangement applies to it.