Full Circle Communities
Full Circle Communities is a 501(c)(3) nonprofit affordable housing developer and property manager that has created or preserved more than 1,500 income-restricted rental units across Illinois, Iowa, and Michigan, serving veterans, persons with disabilities, families, seniors, LGBTQ youth and seniors, and Native American residents through on-site supportive services partnerships.
- Company typePrivate
- Founded1999
- HeadquartersChicago, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Full Circle Communities does
Full Circle Communities, Inc. is a 501(c)(3) nonprofit affordable housing developer and property manager founded in 1999 and headquartered at 310 S. Peoria, Suite 500, Chicago, IL. Its operating model combines new construction and adaptive reuse of historic buildings to deliver rental housing restricted to households earning 30%, 50%, or 60% of area median income, paired with on-site supportive services. Across Illinois, Iowa, and Michigan the organization has created or preserved more than 1,500 units — recent additions include 5150 Northwest Highway (75 units, LEED Gold, Chicago), 1212 Larkin/Larkin Place (48 units, Elgin, CNU 2023 Charter Award), Ruth Ellis Clairmount Center (43 units, LGBTQ youth supportive housing, Detroit), Shepherd House (53 units, LGBTQ-inclusive senior housing, Ferndale), and the 2025 groundbreaking pipeline of Jigzibik (45 units, Native American focus, Chicago), Maya Angelou Village (45 units, Detroit), and Grace Terrace (25 units, Arlington Heights). Each property integrates wraparound services delivered via partnerships with healthcare providers (Christian Community Health Center, Henry Ford Health), social service agencies (Better Tomorrows, Alternatives For Girls, Ruth Ellis Center, Association for Individual Development, Lutheran Social Services of Illinois), and state/federal housing finance authorities (MSHDA, HUD, Chicago Department of Housing).
The business model is financed through stacked public-private capital rather than conventional equity: Low-Income Housing Tax Credit and historic tax credit syndication generate 10-year compliance-period equity contributions from corporate and bank investors; HUD grants and Community Development Block Grant awards (including a recent $1.5M HUD Green and Resilient Retrofit Program award) fund both new development and portfolio retrofits; city housing and economic development bonds (e.g., $6M from the City of Chicago for Jigzibik) close gaps; net rental income is constrained by AMI-based rent caps; and 100% of tax-deductible donations are pass-through to resident services, with 75% of project economics committed to supportive services overall. The organization employs 11–50 staff, operates under a sales-led go-to-market driven by referral pipelines from social-service and healthcare partners plus government coordinated-access systems, and was led by Josh Wilmoth (CEO since 2017) until November 2025, when EVP Lindsey Haines was appointed Interim President and CEO.
Full Circle Communities firmographics
Firmographics- Name
- Full Circle Communities
- Legal name
- Full Circle Communities, Inc.
- Website
- https://fccommunities.org
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Full Circle Communities is a 501(c)(3) nonprofit affordable housing developer and property manager that has created or preserved more than 1,500 income-restricted rental units across Illinois, Iowa, and Michigan, serving veterans, persons with disabilities, families, seniors, LGBTQ youth and seniors, and Native American residents through on-site supportive services partnerships.
- Ownership category
- akta.pro rank
Full Circle Communities industry classification
Industry- Product category
- Affordable Housing Development
- NAICS
- Land Subdivision (2372)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Operators (No Developers) & Lessors (6510), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industries
- Community Centers & Neighborhood Support Services (BPAGAEAL), Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE), Community Development & Neighborhood Revitalization Housing Programs (FSALAKAO)
Keywords
Where Full Circle Communities is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Full Circle Communities business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Others
Revenue model
- Rental Income: Revenue generated from monthly rents across their portfolio of affordable housing properties. Properties serve residents earning 30%, 50%, or 60% of area median income.
- Tax Credit Investments: Full Circle Communities leverages Low-Income Housing Tax Credits (LIHTC) and historic tax credits to finance development projects, generating equity from investors in exchange for tax benefits over 10 years.
- Donations: As a 501(c)(3) nonprofit, Full Circle Communities accepts tax-deductible donations. 100% of donations go toward supportive services for residents.
- Government Grants and Subsidies: Funding from federal, state, and local government sources including HUD grants, city housing bonds, and Community Development Block Grants to support development and retrofit programs.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Full Circle Communities product offering
Product offeringCore offering
Full Circle Communities is a 501(c)(3) nonprofit developer and property manager of affordable and supportive housing across Illinois, Iowa, and Michigan. It develops, preserves, and operates rental housing properties—ranging from 25 to 75 units—targeting veterans, persons with disabilities, working families, seniors, LGBTQ youth and seniors, and Native American renters, and integrates on-site supportive services (case management, employment and financial counseling, health and wellness referrals) into each property. The portfolio combines new construction with adaptive reuse of historic buildings, financed primarily through Low-Income Housing Tax Credits, government grants, and private donations.
Product overview
Full Circle Communities operates a portfolio of affordable and supportive housing properties across Illinois, Iowa, and Michigan. The company develops and manages properties serving diverse populations including veterans, persons with disabilities, seniors, families, LGBTQ youth and seniors, and Native Americans. The portfolio includes both new construction and historic adaptive reuse projects, ranging from 25 to 75 units. Key properties include Torrence Place (48 units, Lansing, IL), 5150 Northwest Highway (75 units, LEED Gold, Chicago), Lawrence & Austin Apartments (48 units, Chicago), 1212 Larkin/Larkin Place (48 units, Elgin), Liberty Lake Apartments (70 units, Lake Zurich), Fifteenth Street Apartments (36 units, Dubuque), and several Michigan properties including Ruth Ellis Center (43 units, Detroit), Maya Angelou Village (45 units, Detroit), and Shepherd House (53 units, Ferndale). All properties include supportive services such as employment assistance, healthcare referrals, case management, and financial education, funded by Full Circle's commitment to dedicate 75% of project economics to resident services.
Differentiator
Problem solved
Functional benefit
Products and services
- Lawrence & Austin Apartments
Quantifiable outcome
- Over 1,500 units of affordable and supportive housing created or preserved
- +2 more outcomes
Companies that use Full Circle Communities
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles4 records
Full Circle Communities technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Full Circle Communities partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and supporting.
- Better TomorrowscoreFull Circle partners with Better Tomorrows, a multi-service organization supporting residents in over 121 affordable housing communities across the country. On-site service coordinators provide employment support, case management, community events, and health and wellness referrals.
- Christian Community Health Center (CCHC)corePartnership began in 2016 to serve Full Circle properties in Chicago's south side and far south communities. CCHC operates health clinics on-site (e.g., first floor of Torrence Place) providing primary healthcare and supportive programs with holistic approach.
- Association for Individual Development (AID)coreAID has served communities in greater Fox Valley area for over 60 years, providing tailored programs for people with physical, developmental, intellectual and mental health challenges. On-site coordinators at 1212 Larkin provide employment support, case management, and healthcare coordination.
- Northwest CentersupportingProvides budget and credit counseling services to residents at 5150 Northwest Highway, supported by Capital One's Financial Wellbeing pilot program.
- Lutheran Social Services of IllinoiscoreProvides behavioral and mental health services for residents at 5150 Northwest Highway through on-site programming.
- Friendship Community PlacesupportingProvides community events and activities including resident meetings and community kitchen programs at 5150 Northwest Highway.
- Visionary VenturescoreNative American-led nonprofit and development partner for the Jigzibik project, Chicago's first affordable housing development with Native American focus. Led affordable housing development efforts for Chicago's Indigenous community.
- American Indian CentersupportingChicago's American Indian community organization providing culturally sensitive social services to residents of the Jigzibik development.
- Alternatives For Girls (AFG)coreDetroit-based nonprofit partnering with Full Circle on Dr. Maya Angelou Village (45 units) and other supportive housing projects. AFG provides trauma-informed, whole-family approach services including assessment, referrals, job training, and employment support.
- Ruth Ellis CentercoreHighland Park-based nonprofit focused on LGBTQ youth. Full Circle served as development partner for Ruth Ellis Clairmount Center (43 units of permanent supportive housing) and continues partnership on LGBTQ-affirming housing projects.
- Cordogan Clark & AssociatessupportingArchitecture firm that designed Larkin Place, winning CNU 2023 Charter Award. Principal architect for multiple Full Circle developments including 5150 Northwest Highway.
- Joseph J. Duffy CompanysupportingGeneral contractor that has worked on four Full Circle projects including Torrence Place and 1212 Larkin development, providing construction services for affordable housing developments.
- Henry Ford Health SystemcoreHealthcare provider partner for Ruth Ellis Center health clinic, providing primary care and behavioral health services for LGBTQ youth in Detroit.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Full Circle Communities competitors and assessment
Company assessmentDirect peers
- The NHP Foundation: Nonprofit affordable housing owner/developer serving low- and moderate-income families, seniors, and special needs populations through LIHTC-financed projects — comparable in scale, resident mix, and supportive services orientation to Full Circle.
- Beacon Communities: Mission-driven affordable and mixed-income housing developer using LIHTC and public financing to deliver large-scale multifamily and supportive housing — directly comparable in development approach and resident service integration.
- Preservation of Affordable Housing (POAH): Nonprofit acquirer, developer, and operator of affordable housing with a portfolio of 30,000+ units across multiple states, using LIHTC and similar capital structures — directly comparable to Full Circle's develop-and-preserve model.
- BRIDGE Housing: Nonprofit affordable housing developer focused on California and the Pacific Northwest with integrated property management and resident services, comparable in portfolio strategy, LIHTC utilization, and mixed-population targeting to Full Circle.
- LINC Housing: California-based nonprofit affordable housing developer producing service-enriched affordable and supportive housing for special-needs populations — closely mirrors Full Circle's combine-housing-with-services differentiation.
- Mercy Housing: National nonprofit affordable housing developer and operator with a deeply similar mission-driven model combining real estate development with supportive services for low-income and special-needs populations — a near-perfect structural parallel to Full Circle Communities.
Broad incumbents
- Enterprise Community Partners: National nonprofit affordable housing leader combining development, lending, and policy work at much larger scale than Full Circle; overlaps on LIHTC-funded development and supportive housing strategy but with broader influence and capital deployment.
- Volunteers of America: Large national nonprofit providing affordable and supportive housing alongside a wide portfolio of human services; comparable on supportive housing for veterans, persons with disabilities, and families but operates at much greater scale and breadth.
Others
- National Equity Fund: Major LIHTC syndicator that channels equity capital to nonprofit and for-profit affordable housing developers like Full Circle — comparable as a capital ecosystem participant rather than a direct development competitor.
Emerging players
- Corporation for Supportive Housing (CSH): National nonprofit focused on scaling supportive housing through lending, technical assistance, and advocacy — overlapping with Full Circle's permanent supportive housing portfolio (e.g., Ruth Ellis Clairmount, Maya Angelou Village) but primarily an intermediary rather than direct developer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Full Circle Communities social profiles
Digital presenceFull Circle Communities financial estimates
Financial estimateRevenue estimate
Valuation estimate
Full Circle Communities leadership team
Management profileNumber of profiles
Profiles4 records
Full Circle Communities funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Full Circle Communities M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Full Circle Communities
What does Full Circle Communities do?
Full Circle Communities is a 501(c)(3) nonprofit developer and property manager of affordable and supportive housing across Illinois, Iowa, and Michigan. It develops, preserves, and operates rental housing properties—ranging from 25 to 75 units—targeting veterans, persons with disabilities, working families, seniors, LGBTQ youth and seniors, and Native American renters, and integrates on-site supportive services (case management, employment and financial counseling, health and wellness referrals) into each property. The portfolio combines new construction with adaptive reuse of historic buildings, financed primarily through Low-Income Housing Tax Credits, government grants, and private donations.
Is Full Circle Communities a public or private company?
Full Circle Communities is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Full Circle Communities founded?
Full Circle Communities was founded in 1999. It employs 11 to 50 people.
Where is Full Circle Communities based?
Full Circle Communities is headquartered in Chicago, United States, in the North America region.
How does Full Circle Communities make money?
Four revenue lines are on record. Rental Income is the primary driver. The others are tax Credit Investments, donations and government Grants and Subsidies.
Who are Full Circle Communities's main competitors?
Direct peers on record are The NHP Foundation, Beacon Communities, Preservation of Affordable Housing (POAH), BRIDGE Housing, LINC Housing and Mercy Housing. Broad incumbents are Enterprise Community Partners and Volunteers of America. National Equity Fund is listed as an others. Corporation for Supportive Housing (CSH) is listed as an emerging player.
Does Full Circle Communities have an API?
No public API is recorded for Full Circle Communities.
What industry is Full Circle Communities in?
Full Circle Communities's product category is Affordable Housing Development. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAGAEAL, Community Centers & Neighborhood Support Services. Its NAICS code is 2372 and its SIC code is 6552.