Jessica Hoefer Author Archives

Lument announced that it closed a $13.4 million Fannie Mae loan to refinance The Fordham at Eagle Springs, a luxury seniors housing community in Humble, TX.

Hunt Capital Partners, in collaboration with CJM Development Group, celebrated the grand opening of Sandstone Hills Apartments in Richfield, UT.

KeyBank Community Development Lending and Investment provided a $8.6 million equity bridge loan and $13.1 million in four percent Federal LIHTC equity for the acquisition and rehabilitation of Skyline View Apartments in Layton, UT.

The Pennsylvania Housing Finance Agency (PHFA) announced that all application materials for the 2024 LIHTC cycle are posted on the Agency’s website. PHFA plans to hold a pre-application meeting on October 4 at 9:00 a.m. ET via Microsoft Teams.

The U.S. government barely avoided a shutdown, where Congress passed a short-term funding measure to fund the government through November 17.

George Orwell said, “Every generation imagines itself to be more intelligent than the one that went before it, and wiser than the one that comes after it.”

The challenge of providing sufficient affordable housing is not unique to the United States as governments around the world struggle to produce both quantity and quality of housing.

Kentucky Housing Corporation (KHC) announced a funding application for modest operating grants, open on August 1, to nonprofit partners across the Commonwealth.

Steward of Affordable Housing for the Future (SAHF) announced a new resource, SAHF Multifamily Portfolio Carbon Emissions Roadmap, which allows portfolio owners to create action plans to reduce their annual greenhouse gas (GHG) emissions in CO2 equivalent.

Dominium announced that it has hired 94 new employees and advanced the positions of 380 more during the first two quarters of fiscal year 2023.

Hunt Capital Partners, in collaboration with Community Development Partners (CDP) and Mercy House, celebrated the grand opening of St. Michael’s Apartments in Riverside, CA on July 24.

MassHousing announced the closing of $13.3 million in affordable housing financing to Van der Heyden Apartments Limited Partnership for the acquisition, renovation and extension of affordability at the 45-unit Van der Heyden Apartments in Springfield, MA.