Modular Communities & The Affordability Crisis
Anastacia Fratto discusses the the future of the market including multi-family, build to rent communities and modular construction. Special incentives and tax cuts are growing.
Starting with the Crown Family in 2006, Anastacia worked on expanding development operations in Arizona, Florida, Tennessee, Texas, Indianapolis, among others; seeking investment and land development opportunities while overseeing the due diligence process. Through tenure in this position she acquired land to accommodate the development of more than 1,600 residential homes and over 1,400,000 square feet of commercial. Following Crown Community Development, Anastacia joined DR Horton Homes, the nation’s largest publicly traded production homebuilder and focused on providing new housing opportunities in the Chicago metro area.
Anastacia’s passion for housing and her intentional approach to create experienced focused developments, led her to start ResElevate in 2017, a real estate development and consulting firm. Fratto has dedicated the last several years investing and finding ways to bring new construction costs down to produce more affordable housing options for middle America. Focused on affordability pricing pressure while tracking the shortage of supply of housing, Fratto is on the leading edge of creating master plan communities using modular construction as a way to serve this market.
Anastacia is an active member of the Urban Land Institute who served as Advisory Board Member, Co-Chair Product Council, Suburban Development Committee, Co-Chair Public Policy, Co-Chair Leadership Exchange, Co-Chair Young Leader Group. Anastacia is also a member of CREW and 2016 winner of the Kahn Fellowship.