Affordable Housing Platform Tredway Honors Philanthropic Legacy
Will Blodgett, founder of the affordable housing platform Tredway, named his company after 19th-century Brooklyn philanthropist Alfred Tredway White. White pioneered affordable housing with features like private toilets and cross-ventilated courtyards, operating on a "philanthropy plus 5 percent" model. Tredway…
New York, NY, July 23, 2026 —
The affordable housing platform Tredway has been named in homage to the pioneering spirit of 19th-century Brooklyn philanthropist Alfred Tredway White. Will Blodgett, the founder of Tredway, chose the name to reflect a historical approach to providing accessible housing.
Alfred Tredway White was known for his innovative work in developing affordable housing during the 1800s. His projects incorporated features that were considered advanced for the time, such as private toilets for each resident and cross-ventilated courtyards designed to improve living conditions. White’s operational model was characterized by his “philanthropy plus 5 percent” approach, aiming to make housing accessible while also maintaining a modest financial return.
Tredway, under Blodgett’s leadership, seeks to carry forward this foundational philosophy. The company’s mission centers on the preservation and renovation of existing affordable housing stock. A key aspect of Tredway’s strategy involves actively incorporating feedback from the residents who live in these properties.
The company’s focus extends beyond simply offering shelter. Tredway aims to create opportunities for residents, aligning with the broader vision of improving lives through well-maintained and accessible housing. This approach emphasizes community development and resident well-being as integral components of affordable housing initiatives.
Story summarized from the original created by Alexa Domash on www.villagevoice.com, see more information here.