Member News

Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, is pleased to announce Churchill Stateside Group, LLC (CSG), a real estate and renewable energy finance company, is pleased to announce the hiring of three new staff to the company. Michael E. Spain – Vice President, East Regional Officer:  Michael, based […]

Bellwether Enterprise Real Estate Capital LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (Enterprise), announced the projected closing of over $430 million in loans for over 24 affordable housing properties across the country in Q4, 2017. In the month of October alone, the Affordable Housing team closed more than $160 million […]

MassHousing has closed on $22.6 million in financing for the nonprofit developer Just-A-Start Corporation (JAS) for the acquisition and renovation of 112 affordable apartments in Cambridge, including the new construction of a 16-unit building at 50 York St. that was destroyed in a devastating, 10-alarm fire in December 2016. The MassHousing financing allows Just-A-Start to […]

The development involves the demolition of two former church buildings and the construction of two residential buildings. Upon completion, the development will offer 70 new units, comprising 64 LIHTC units and six middle-income units. 

North Square at the Mill District will be a new sustainably designed, mixed-income and mixed-use community surrounding a traditional New England village green.

The project dramatically modernizes 320 apartments in Chili, NY, and preserves the community as affordable housing for approximately 700 residents.

A new 42-unit, $8.6 million affordable senior housing community called Wheatland Crossing Senior Apartments is now open in near west side Hilltop area Columbus.

This week, LISC President and CEO Maurice Jones announced the organization’s commitment to closing the life expectancy gap found when comparing different zip codes across the United States, building off of research that the zip code someone lives in is the greatest determining factor of life expectancy.

NH&RA member Evan Holladay recently published an article exploring the NIMBY or “Not in my Backyard” issue that so many affordable housing properties face.

New Community Corporation (NCC), one of the largest, most comprehensive community development corporations in the U.S., and Greystone Affordable Development, a leading services provider for affordable housing recapitalization, rehabilitation and development transactions, have joined together to help ensure the preservation of critical urban affordable housing in the Newark, NJ community in a $160 million transaction.

USA Properties Fund Inc. has completed Vintage Aliso, a much-needed affordable senior community in Aliso Viejo in southern Orange County.

Little was previously with Hunt Development Group, LLC, an affiliate of the Hunt Companies, Inc. In 2017, Pennrose announced that Hunt Companies had become a strategic partner in the company’s development activities.