Jessica Hoefer Author Archives
Dominium Promotes 94 and Hires 380 Employees in the First Half of 2023
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.
Blueprint for August: Seeking Refuge
Global warming and climate change are wreaking havoc on our health, our livelihoods and our housing.
HFSC Holds July 14 Hearing: How Mandates Like ESG Distort Markets and Drive Up Costs for Insurance and Housing
The Housing and Insurance subcommittee of the House Financial Services Committee will hold a hearing at 9 a.m. ET on July 14 entitled “How Mandates Like ESG Distort Markets and Drive Up Costs for Insurance and Housing.”
Dionna J. Sargent Recognized with Leon N. Weiner Award
Cinnaire announced that Dionna J. Sargent was recognized with the Leon N. Weiner Award by Housing Opportunities of Northern Delaware, Inc. (HOND).
Fannie Mae Releases ESG 2022 Report
Fannie Mae released its second annual Environmental, Social and Governance (ESG) report, which highlights its efforts to help homeowners, buyers and renters; support the transition to greener buildings; and foster an engaged and inclusive workforce.
Dominium Announces Land Acquired for Creekridge on the Park
Dominium announced that it has closed a deal to acquire land for the development of a new affordable housing community in Charlotte, N.C.
Applications for FHLBank of Pittsburg’s AHP, Voluntary Housing Grant Initiative Due Aug. 9
The 2023 funding round for the Federal Home Loan Bank of Pittsburgh’s Affordable Housing Program (AHP) and voluntary housing grant initiative is now open with approximately $20.3 million in available funding for AHP and $8 million for the voluntary housing grant initiative.
KeyBank Provides $21M of Financing for Adaptive Reuse of Historic Former School to Provide Affordable Housing in Pittsburgh
KeyBank Community Development Lending and Investment (CDLI) provided a $9.8 million construction loan and $11.8 million in LIHTC equity for the construction of an affordable multifamily property in Pittsburgh, PA.
Ohio Enacts $100 Million State LIHTC
Ohio Governor Mike DeWine (R) passed the FY 2024 budget (H.B. 33), which includes a new $100 million per year state LIHTC.
WinnDevelopment Begins $85M Residential Adaptive Reuse at Historic New Britain Manufacturing Complex
Connecticut state and city officials joined WinnDevelopment executives in New Britain to break ground on a $85 million project to transform a historic manufacturing complex near the city’s downtown into a 154-unit apartment community for affordable housing and workforce households.
Texas Enacts $25 Million State LIHTC
Texas Governor Greg Abbott (R) recently signed H.B. 1058, which creates a $25 million State LIHTC for up to the amount of Federal LIHTC allocation amount for each property.
Iowa Holds QAP Hearing – July 12, Innovation Pre-Apps Due July 12
The Iowa Finance Authority will hold a public hearing on the 2024 draft nine and four percent QAPs will be held July 12 from 10 a.m. to noon ET.