Tapestry Development Group and Columbia Residential announced they have opened Stride Senior Residences, a $19 million, 90-unit affordable seniors housing community in Decatur, GA, just east of Atlanta.
The transit-oriented community was financed largely through an allocation of nine percent Federal and State LIHTCs, issued by Georgia Department of Community Affairs (DCA), and Home Investment Partnership (HOME) funds from DeKalb County Community Development.
Merchants Capital announced that it secured more than $88 million in financing for Union at Bluffs Run, a new 192-unit affordable housing community in Council Bluffs, IA.
MassHousing partnered with Jamaica Plain Neighborhood Development Corporation (JPNDC) in a mix of public, private and grant financing to redevelop The Cheney Homes, an underutilized Dorchester parcel, into 48 new, deeply affordable and service rich apartment homes for senior citizens.
Dominium announced that it has closed a deal to acquire land for the development of a new community of affordable housing in Surprise, AZ.
Applegate & Thorne-Thomsen announced that Alexis Chernak, C.C. Huang, Clara Kim and Matt McKay have joined the partnership effective Jan. 1, 2025.