Member News

The Massachusetts-based tax credit advisory firm’s recent investor tax credit fund includes the largest solar array in New Hampshire.

The project required a multi-tiered source of financing, which included $3.6M in Federal Historic Tax Credits, $15M in Federal Low Income Housing Tax Credits, a $6M FHA loan, a renewal of Section 8 rental subsidy, $500K Federal Home Loan Bank of Indianapolis Affordable Housing Program Funds and vacant city owned property that was utilized for secure parking.

The Council for Affordable Rural Housing (CARH) named Katherine M. Alitz, a Senior Vice President of Boston Capital, as the 2016 Member of the Year.

The rehabilitation of Courtyard at Riverview is the result of a record-setting deal under HUD’s Rental Assistance Demonstration (RAD) program.

Jim Logue will assume the newly created position of Chief Strategy Officer (CSO), leaving his current role as Chief Operating Officer (COO). Kevin Crawley, currently Executive Vice President, will be promoted to COO.

Bellwether Enterprise Real Estate Capital LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc.(Enterprise), announced the expansion of its affordable housing lending group to New York City, with the hiring of three new team members who will focus on Federal Housing Administration (FHA) lending in the New York region. They will join […]

The state’s affordable housing bank had its best lending total in its history; received three bond rating upgrades from Standard & Poor’s and Moody’s; and created the first-in-the-nation statewide loan program to spur the new production of housing that is more affordable to middle-income renters.

The fund includes fifteen affordable housing properties, totaling 1,821 apartment units, within twelve family and three senior communities located in nine states including: Arkansas, Georgia, Louisiana, Michigan, Missouri, Pennsylvania, Texas, Tennessee and Virginia.

The 124-unit mixed income building is among the first of its kind in the country to have full-time, onsite VA case managers.

Laura focuses her practice on representations of public housing authorities and developers involved in complex affordable housing development.

The firm welcomes Nat Eng, Chris Jones, Andrea Killeen and Angie Taylor of the San Francisco office; Rachel Denton of the Kansas City, Mo., office; Bryan Hung of the Long Beach, Calif., office; and Amanda Read of the Cleveland office to the partnership.

Beacon Communities LLC purchased Rockingham Glen, a 143-unit community, with an exemption from Chapter 40T to ensure the affordable apartments did not convert to market rate.