Member News

Member News

Bank of America Merrill Lynch Community Development Banking Provided Record-Setting $4.53 Billion in Lending and Investing in 2017

Bank of America Merrill Lynch Community Development Banking (CDB) had a record-setting year in 2017, providing $4.53 billion in loans, tax credit equity investments and other real estate development solutions.

Member News

Pennrose Celebrates Residence at Roosevelt Park Grand Opening

The historic renovation of the original 1937 Roosevelt Hospital brings 84 units of affordable, independent senior housing to Middlesex County.

Member News

Bob Ibanez to Join Novogradac as Senior Manager

Ibanez, previously the CDFI Fund’s New Markets Tax Credit (NMTC) program manager and Bank Enterprise Awards program manager, will work with Novogradac’s public policy group in Washington, D.C.

Member News

Tidwell Group Welcomes New Partner and Leader of Austin Based Consulting Group

Tidwell Group announced last week that Quinn Gormley has joined Tidwell Group as a partner, and as a leader in our Austin based consulting group. Quinn will prove to be a valuable asset as the firm continues to grow its consulting services.

Member News

NH&RA Members Top AHF Top 50 Developers of 2017

NH&RA is proud to report that 23 of the listed organizations are NH&RA member firms, including 7 of the top 10.

Massachusetts

Members MassHousing, POAH Close on $49.3 Million in Financing for the Ongoing First Phase of the Whittier Choice Neighborhoods Initiative in Roxbury

The MassHousing financing will advance the phased demolition and redevelopment of the Boston Housing Authority’s 200-unit Whittier Street Apartments in Roxbury.

Member News

Merritt Community Capital Engages Candeur Group for Fund Acquisitions and Underwriting

Candeur Group has been hired to provide a seamless transition of services when Merritt’s longtime Director of Acquisitions, Karen Smyda, retires on March 31, 2018.

Member News

WNC Closes $135 Million Institutional LIHTC Fund

Fund includes 24 affordable housing properties for seniors and families in 18 states.

Member News

Bright Power CEO Jeffrey Perlman Named in Crain’s 40 Under 40

Perlman began the energy firm in 2004 which has grown to 115 employees.

Member News

Volunteers of America Acquires Maryland Affordable Housing Portfolio

The five properties contain a total of 264 units and are located in four communities.

Member News

Citi Originates Nearly $4.7 Billion in Affordable Housing Lending

Nearly $4.7 Billion Lent to Finance Affordable Housing Projects in 2017 leads Citi to retain the top ranking in Affordable Housing Finance (AHF) Magazine’s annual survey of affordable housing lenders.

Member News

Greystone Affordable Development Closes Financing of $38.5 Million Preservation Transaction in Oklahoma

The portfolio of affordable housing properties includes 13 aged USDA Rural Development Section 515 properties (which were then consolidated into 11) and comprises 294 apartment homes serving low-income households in 8 counties across the state.

[Page 101 of 135 ]