Member News

Standard Communities led a public-private partnership acquiring Huntington Towers, an affordable senior community with 214 units located in Mount Prospect, IL.

Enterprise Community Partners (Enterprise) and Church of God in Christ Community Economical Development Corporation (COGIC CEDC) announced a new collaboration at COGIC’s 115th Holy Convocation to train 200 COGIC congregations in faith-based community development.

Beacon Communities was featured in a December article in the Boston Globe “A Miracle on Clarendon Street: How a Back Bay Building Became Apartments for Homeless People.”

Cinnaire announced that an award from the Federal Home Loan Bank totaling $5 million will allow them to support five affordable housing projects in the Midwest, including the acquisition, rehabilitation and construction of 269 units.

Hunt Capital Partners announced closing on its $135 million nationwide LIHTC fund, Hunt Capital Partners Tax Credit Fund 49 (HCPTCF 49).

Merchants Capital announced that they provided financing for Launchpad Apartments, a new permanent supportive housing property in Colorado Springs.

Woda Cooper Companies, Inc. and co-developer Housing Services Alliance hosted a grand opening and ribbon-cutting at the new 57-unit Haven Crossing located at 12800 Towne Center Drive in Walton, KY.

JLL Capital Markets announced that it arranged $11 million in financing for Booth Residences, a 150-unit affordable housing property, located at 6000 Townevista Drive in Cincinnati, OH.

Merchants Capital announced the securitization of $17.4 million in LIHTC equity financing for the construction of a new affordable senior property in Fort Wayne, IN.

Dominium announced that it will celebrate the groundbreaking of the Creekridge on the Park affordable housing development in Charlotte, NC on November 29.

Hunt Capital Partners (HCP) announced the transfer of ownership of Northside Family Housing in Bangor, ME, to Penquis Development, an affiliate of Penquis.

MassHousing announced that it closed on $7.55 million in affordable housing financing to  (AHSC) for the acquisition and renovation of the 25-unit Prospect Estates in Webster.