Arbor Place is a 136-unit community in Terrytown, just outside New Orleans, acquired through a partnership between The Menkiti Group and VPG to preserve long-term affordable housing. Arbor Place operates as a mixed-income community, with 50% of units designated for residents earning up to 60% of area median income, ensuring accessibility for working families while maintaining property stability. VPG oversees day-to-day management and long-term strategy, with plans for targeted improvements to enhance the property while keeping it attainable for residents over time. Overall, Arbor Place represents a workforce housing asset focused on preserving affordability, supporting community stability, and maintaining quality housing in the New Orleans area.