Affordable Across America
You must be a subscriber to Tax Credit Advisor to view this content. Learn more or log in if you’re already a subscriber.
Affordable Across America
A collaboration between the City and Archdiocese of Detroit featuring an extensive consultation with area residents has resulted in the redevelopment of an old, vacant Catholic school building into 19 affordable housing units by Cinnaire Solutions and Ethos Development Partners.
The emptying out of urban offices due to the pandemic has allowed many workers to relocate farther away from work, making housing in city suburbs even less affordable than usual. The town of Hudson, NH, a suburb of Boston, is one of them.
Sage at Folsom—a 55-and-older affordable development being built in Folsom near Sacramento—will hopefully be part of a new model of senior housing for USA Properties Fund.
With the opening of a third phase of housing and a giant marketplace and food court modeled on Boston’s historic Fanueil Hall and New York’s Chelsea Market, an epic mixed-income, mixed-use historic development is nearing completion in Rochester, NY, after 12 years of creative and complicated work.
Affordable housing is well-known for needing multiple funders to make developments viable. But according to Department of Housing and Urban Development Secretary Marcia Fudge, effective collaboration extends beyond funding to operations as well.
One of the challenges of housing finance in rural areas is that properties are so spread out, it sometimes is hard to achieve the kind of numbers you need to make a project work.
Not many 19th century courthouses get turned into 118 units of multifamily rental housing.
More and more, developers and architects are having to pay attention to climate change, especially when building anything near water.
Fifteen years ago, residents of the historic Miriam Apartments in Chicago got together to create a grand mosaic, a bright and beautiful therapeutic work of art that symbolized the positive aspects of what living there meant to them.