Member News
Jim Logue of Cinnaire Receives Prestigious Terrence R. Duvernay Award
The Building Michigan Communities Conference (BMCC) announced yesterday Jim Logue is the 2017 recipient of the Terrence R. Duvernay award.
Beacon’s Montgomery Mill Receives Key Funding Award
Beacon Communities plans to convert the mill into 160 units of mixed-income housing.
Love Funding Secures $4.5 Million Loan to Help Preserve Age-Restricted Housing in West Orange Township, New Jersey
John P. Renna House has 183 units, 181 of which are restricted to tenants age 62 and older or those with disabilities.
Bellwether Enterprise Closes over $62 million in Financing in NY, TX and OH
The lender announced the closing of three deals totaling more than $62 million for properties in New York, Texas, and Ohio.
Woda Group Rehabilitates Historic School, Provides Housing to Nelsonville, OH
Construction at Nelsonville School Commons is one-third complete to adapt the historic Nelsonville High School Complex into 33 one- and two-bedroom modern and affordable apartment homes.
Cinnaire Announces Promotion of Ryan Robinson to Senior Vice President, Asset Management – Risk Management
Ryan joined Cinnaire in 2011 as an Asset Manager.
Cinnaire Makes List of Best Nonprofits for Work
Cinnaire received a ranking of #36 on the top 50 Best Nonprofits overall and #20 on the Best Medium Nonprofits (50-249 employees).
Volunteers of America Hires Priya Jayachandran as Senior Vice President Affordable Housing Development
Priya comes to VOA from HUD’s Office of Multifamily Housing Programs where her last role was as the Deputy Assistant Secretary for Multifamily Housing.
McCormack Baron Salazar President Vincent Bennett Speaks on Choice Neighborhood Initiative
Vincent Bennett recently published an article at TheHill.com outlining how the Trump Administration can fulfill its promise of creating opportunity for America’s inner cities through successful leverage of public-private partnerships through programs like the Choice Neighborhood Initiative and Low Income Housing Tax Credit.
Candeur Group Closes $17M LIHTC Investment in Los Angeles Property
Candeur Group is pleased to announce they have closed a $17M Low-Income Housing Tax Credit (LIHTC) Equity Investment in a 132-unit property located in Los Angeles County, California.
NH&RA Members The Community Builders, Boston Capital Speak on LIHTC in the News
NPR recently featured The Community Builders CEO Bart Mitchell as well as Boston Capital Vice President David Gasson in a piece examining the LIHTC and how it has been affected by uncertainty in the equity market.
Blake Ilgenfritz Joins CBRE Affordable Housing As Vice President
CBRE Group, Inc. announces that Blake Ilgenfritz has joined CBRE Affordable Housing team as vice president of Debt & Structure Finance. Mr. Ilgenfritz will manage transactions from engagement to closing utilizing his extensive knowledge of Freddie Mac TAH, Fannie Mae MAH, and FHA loan programs.