New Jersey Housing and Mortgage Finance Agency (NJHMFA) launched the Affordable Housing Production Fund Set Aside (AHPFSA) Program with $60 million from the state’s Coronavirus State Fiscal Recovery Fund. Funds will provide subsidy financing for eligible projects in need of gap financing to support nine percent LIHTC development.
WinnCompanies, an award-winning national developer and manager of affordable, mixed-income and market-rate apartment communities, broke ground on its first-ever adaptive reuse project in North Carolina, starting construction on a $35 million project that will create 139 affordable apartments in a long-vacant, historic textile mill.
HUD announced it will hold three virtual briefings on the proposed rule for program participants and other stakeholders, at which it will cover the components of the proposed rule and present supplementary information tailored to the intended audience for each briefing.
North Dakota Housing Finance Agency (NDHFA) will hold Public Hearings for its proposed Qualified Allocation Plans (Plan) for the 2024 LIHTC Program, 2023 National Housing Trust Fund, 2023 HOME Investment Partnerships Program and 2023 Housing Incentive Fund on March 2, 2023.
CohnReznick LLP announced that Kevin P. Martin, Jr. is assuming the role of office managing partner – Massachusetts effective Feb. 1, 2023.
The Department of the Treasury announced it will reallocate $690 million of Emergency Rental Assistance (ERA) program funding to assist with preventing evictions.
North Dakota Housing Finance Agency (NDHFA) will hold a Public Hearing and Comment Period for the development of the 2023 Emergency Solutions Grant (ESG) and the North Dakota Homeless Grant (NDHG) allocation plans on March 3 at 10 a.m. CT.
I spent the end of 2022 and the beginning of 2023 watching College Football Bowl Games (Go Tigers! Clemson not LSU) and getting daily news updates on the recovery of Buffalo Bills player Damar Hamlin after his collapse on the field from cardiac arrest.
CohnReznick LLP announced that it has elected 19 professionals to its partnership, effective February 1, 2023.
The U.S. Environmental Protection Agency (EPA) ENERGY STAR Multifamily Team is reaching out to affordable multifamily housing building owners and property managers to participate in a leadership group. Expected to meet about six times per year.
The Ohio Housing Finance Agency posted the 2023 Multifamily Underwriting Guidelines.
JLL Capital Markets announced that it has secured $24.3 million in acquisition financing for a six-asset affordable housing portfolio, consisting of 354 small efficiency dwelling units (SEDUs) located in infill Seattle, WA.