California Housing Finance Agency (CalHFA) welcomes Stephanie McFadden, a veteran of the affordable housing industry, as the new director of multifamily programs.
The CalHFA Board of Directors appointed McFadden to oversee a CalHFA lending team that set an Agency record last fiscal year with $2 billion in lending and bond issuance and an asset management division that monitors more than 18,000 units of affordable housing.
R4 Capital and R4 Capital Funding (R4CF), R4’s tax-exempt lending platform, announced that in 2024 it surpassed $10.6 billion in equity and mortgage financing since inception.
CohnReznick LLP announced that it has elected 16 professionals to its partnership, effective Feb. 1, 2025.
AAMCI – Development, LLC announced the acquisition of Stonecroft Village, in Gastonia, NC, a 72-unit property built in 1983 with 100 percent Project-Based Rental Assistance.
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.