Congratulations to the NH&RA members that received a New Markets Tax Credit award! The 107 Community Development Entities receiving $5 billion in awards are headquartered in 35 states and the District of Columbia. NH&RA winning members include:
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.