Jessica Hoefer Author Archives
Ohio Board Meeting – Jan. 18
The Ohio Housing Finance Agency will hold a finance committee meeting at 9:45 a.m. ET and the board meeting at 10:30 a.m. ET on January 18.
Merchants Capital Secures $77MM+ for New Affordable Housing Project in Saint Paul, MN
Merchants Capital announced it has provided more than $77 million in financing for the development of Soul, an affordable, mixed-use development in Saint Paul, MN.
Housing Solutions in Rural Recreation Communities Webinar – Feb. 15
Housing Solutions in Rural Recreation Communities Webinar.
Oregon Offers $45k in Solar and Storage Rebate Program
Oregon Department of Energy’s (ODOE) Solar + Storage Rebate Program provides rebates for renewable solar and solar with paired energy storage systems for eligible affordable multifamily housing developers.
KeyBank Provides $100M of Financing for Affordable Housing Property in Maryland
KeyBank Community Development Lending and Investment (CDLI) provided a $100 million bridge loan to Fairfield, a multifamily owner/investor based in San Diego, CA, for Villages at Marley Station, an apartment community located in Glen Burnie, MD.
New York Governor Hochul Announces Historic Land Use Proposals to Increase Housing Supply
During the State of the State, Governor Kathy Hochul announced the New York Housing Compact, a statewide strategy to increase housing supply and combat exclusionary zoning, with the goal of producing 800,000 new homes over the next decade.
Oregon Opens 2023 Combined Pool
Oregon Housing and Community Services opened its 2023 Combined Pool Application to fund the development, acquisition, rehabilitation and preservation of affordable housing on a first come, first-to-be-reviewed basis.
MassHousing Closes on $13.5M in Financing for Riverside Towers in Medford
MassHousing has provided $13.5 million in affordable housing financing to a joint venture consisting of Schochet Companies (Schochet) and Jonathan Rose Companies (Rose) for the preservation of affordability, property renovations and the enhancement of resident services at the 199-unit Riverside Towers for the elderly in Medford.
California HCD Implements Pooled Transition Reserve Fund for Projects Closing in 2023
The California Department of Housing and Community Development (HCD) released its Transition Reserve Policy Administrative Memo, which implements statutory changes.
Oregon Hosts Biweekly Legislative Stakeholders Meetings
Oregon Housing and Community Services will hold a Legislative Stakeholder check in meeting from 3:30 to 4 p.m. PT on every other Thursday starting on January 19. Email [email protected] to be added to the invite.
$10 Million Pritzker-Traubert 2022 Chicago Prize Awarded to TCB Collaboration with Garfield Park Rite to Wellness
The Community Builders announced that Garfield Park Rite to Wellness collaborative was announced the winner of the Pritzker-Traubert 2022 Chicago Prize.
California Hosts Annual Action Plan, CDBG Listening Sessions – Jan. 19 and Feb. 1
The California Department of Housing and Community Development (HCD) is hosting two virtual listening sessions to gather your feedback for the development of HCD’s: 2023-24 Annual Action Plan (AAP) update to the 2020-2024 Consolidated Plan, and 2023 CDBG Notice of Funding Availability (NOFA).