Member News
Cinnaire Recognized as a Crain’s Detroit Business Cool Place to Work
This is the fourth time Cinnaire has been selected for this prestigious list.
Bellwether Enterprise Closes $42 Million in Refinancing for Three Affordable Housing Properties in Charlotte, North Carolina
The loans provided funding for these and other public housing properties as part of a larger portfolio Rental Assistance Demonstration program (RAD) transaction.
The Community Development Trust and Aeon Complete $36 Million Purchase, Preserving Units for 400-Plus Minnesota Families and 450 Children
On Sept. 21, State Housing Commissioner Mary Tingerthal announced that Seasons Park residents, including approximately 200 preschool children and 250 school-age students, will no longer face potential displacement from their homes following the $36 million purchase of the property by Minneapolis-based nonprofit Aeon and The Community Development Trust (CDT).
Meta Housing Promotes Aaron Mandel and Chris Maffris to Executive VP Roles
Affordable housing developer Meta Housing Corporation promoted Aaron Mandel and Chris Maffris to executive vice president roles.
Volunteers of America Names Sharon Wilson Géno New Executive Vice President, National Services and Chief Operating Officer
Volunteers of America, one of the nation’s largest nonprofit affordable housing developers, has named Sharon Wilson Géno as its new executive vice president, national services and chief operating officer, effective Sept. 11, 2017.
ORIX USA Acquires Lancaster Pollard
ORIX USA (ORIX), a division of leading international financial services group ORIX Corporation, recently announced the acquisition of Lancaster Pollard Holdings LLC (“Lancaster Pollard”).
Dominium Promotes Chris Barnes to Vice President, Senior Project Partner
Dominium recently promoted Chris Barnes to vice president, senior project partner where he will supervise multiple business units within the development team.
Beacon Communities Acquires NDC, Portfolio Valued at $250 Million
Beacon Communities announced the acquisition of National Development Corporation (NDC), a Pittsburgh-based company with a portfolio valued at over $250 million. The acquisition includes 59 properties built in the 1970s and 80s, the majority of which are affordable.
Michael McGovern Joins Regions First Sterling As Vice President, Relationship Manager For Midwest Region
Mr. McGovern will focus on sourcing and originating affordable housing transactions in Illinois, Michigan, Wisconsin and Minnesota.
Tennessee Housing Development Agency Names NH&RA Members as Awards Finalists
Five NH&RA member companies are amongst the nominees: Highmark Holdings, Enfield Management, LHP, Knoxville Community Development Corporation, and Art Cate individually of Knoxville Community Development Corporation as well.
The Community Builders and Partners Selected to Participate in National BUILD Health Challenge
Avondale Children Thrive is one of 19 partnerships selected to participate in the nationwide BUILD Health Challenge, a unique national program focusing on bold, upstream, integrated, local, and data-driven projects that can improve community health.
NH&RA Members to Be Inducted into AHF Housing Hall of Fame
Three NH&RA members will be inducted into Affordable Housing Finance’s Housing Hall of Fame this November and several others will be recognized as rising stars.