AU Associates, Inc.
Real EstateKentucky, United States11-50 Employees
AU Associates, Inc. is a mid-sized real estate developer based in Lexington, Kentucky, that designs and executes residential and commercial projects across both large urban areas and smaller rural communities. The firm employs a financing approach that blends historic tax credits, housing tax credits, and new markets tax credits with conventional and preferential-rate debt to support its developments. Its work centers on adaptive reuse and urban infill, aiming to revitalize existing structures for new uses. In practice, this combines place-based development with financing strategies to address diverse community needs. Since its founding in 1990, AU Associates has helped preserve more than 20,000 housing units nationwide, valued at over $23 million, and has created more than 350 units of mixed-income housing along with 100,000 square feet of commercial space in urban infill and adaptive reuse projects totaling about $63 million in value. The company reports a recent development involving a collaboration with Ecoplus Systems Ltd to develop ceiling tiles with high levels of Class A sound absorption.