MassHousing’s Managing Director of Government Affairs and Communications will lead MassHousing on an interim basis, while the Board conducts a search for a permanent executive director. Lyons replaces Tim Sullivan, who stepped down today as Executive Director to pursue a private sector employment opportunity.
Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of a $9.9 million loan to purchase and significantly rehabilitate Newman Court Apartments, an affordable community in Pontiac, Michigan.
The new construction revitalizes the abandoned site of the former Atz Ice Cream Shoppe at 301 E. Wayne Street.
USA Properties Fund Inc. has completed an extensive, multimillion-dollar renovation of Brookside Crossing, an affordable family community recently purchased in Lincoln, CA.
The law firm of Nolan, Sheehan, Patten, LLP has announced the additions of Kris Gosselin and Colette Irving as associates in the firm.
Read on for a brief description of each new team member.
U.S. Senator Jack Reed and Mayor Scott Avedisian joined Barbara Fields, Executive Director of RIHousing and representatives from Property Advisory Group & Cathedral Development Group to celebrate the completion of renovations at Greenwood Terrace, a housing development for low-income seniors on Post Road. The event came as Rhode Island faces a serious housing shortage, particularly […]
On October 25, 2017, RBC Capital Markets Tax Credit Equity Group announced the closing of the RBC Tax Credit Equity National Fund-26 with total tax credit equity of $146,435,718. The Fund represents the third closing of a multi-investor, multi-property national fund in 2017 and speaks to the strength of investor confidence in RBCCM’s tax credit […]
Lori Givens Little has been selected as President and CEO of National Affordable Housing Trust (NAHT), the first non-profit low income housing tax credit syndicator in the country. Ms. Little succeeds James Bowman, who is retiring after serving as President and CEO of the organization since 1998. Ms. Little, who will be the fourth President […]
In an op-ed in The Hill, Mark Dellontem, president and CEO of Love Funding, highlights the success of the federal Rental Assistance Demonstration (RAD) program in utilizing targeted taxpayer dollars to stimulate private capital for renovations and produce wide-ranging benefits. The RAD program, which is a federal program that converts public housing authorities’ (PHAs) existing […]
NH&RA member firm Conifer Realty, LLC was recently honored with the 2017 International Award for Corporate and Social Responsibility from the Institute of Real Estate Management (IREM). This year’s finalists covered both residential and commercial sectors, including submissions from the US, Canada and China. The Corporate and Social Responsibility category recognized exemplary corporate responsibility and […]
Hunt Companies Inc. today announced that it has successfully closed on an agreement with Alden Torch Financial to acquire its syndication division, Alden Capital Partners.