Curt Bailey, president of Related Midwest, announced the addition of Jacques Sandberg as vice president to the company. In his new role, Sandberg will head the affordable housing business for Related Midwest, including new development and acquisitions.
“Jacques brings with him a wealth of knowledge and great perspective on affordable housing in Chicago,” Bailey said. “We’re extremely pleased to have someone with his breadth of experience join our team as we continue to create innovative and sustainable housing models throughout the city.”
Sandberg will lead key projects including large-scale public housing transformation, affordable housing preservation, and mixed-income communities. He will play a key role in one of Related’s most high-profile projects in Chicago, the redevelopment of Lathrop Homes, a 32-acre public-housing complex on Chicago’s Northwest side. Sandberg will also lead Related Midwest’s ongoing work at Roosevelt Square, a mixed-income development on the Near West side that will ultimately include over two thousand for-sale and rental units, and will manage a pipeline of an additional 2,000 units being acquired by Related Affordable Properties.
“Related Midwest shares my commitment to adding to the diversity and quality of housing available in Chicago,” Sandberg said. “I’m excited to join a firm that is leading how affordable housing is shaped in this city, and at a time when I can play an important role in bringing online a number of developments that will be valuable additions to their neighborhoods.”
Sandberg Brings 20 Years of Experience to Related Midwest
Sandberg comes to Related Midwest with more than 20 years of experience in planning, building and financing. He has been involved in the development of thousands of units of affordable housing, in addition to the construction and rehabilitation of several million square feet of mixed-use facilities.
Sandberg also held director positions at IFF, a nonprofit lender and real estate consultant; was a partner with affordable housing consulting firm, Pusateri Sandberg Development; and served as director of acquisitions for National Equity Fund, one of the country’s largest low income housing tax credit syndicators.
Sandberg is currently a member of professional organizations including the Federal Home Loan Bank of Chicago’s Community Investment Advisory Council, the Urban Land Institute and the Illinois Housing Council. He holds a Master’s degree in city planning from the Massachusetts Institute of Technology and a Bachelor of Arts degree from Grinnell College.