Member News

Member News

Bellwether Enterprise Announces Major West Coast Expansion

22 new hires to bolster company’s regional growth to further meet increasing investor demand.

Member News

The Woda Group Creates 29 Affordable Housing Units in Adaptive Reuse of Portland, MI School

When Dan Paquet raised an American flag at the dilapidatedPortland School building last fall, it was a symbol of an exciting new era for the historic property in Portland, MI. Paquet’s employer, The Woda Group, Inc., was preparing to begin a $7.42 million historic renovation adapting the 1919 school building into 29 modern, high-quality apartments, […]

Massachusetts

Beacon Communities Uses LIHTC and MassHousing Financing to Renovate and Extend Affordability

Beacon Communities LLC is using $42.5 million in MassHousing financing and other funding sources to refinance the 161-unit Quincy Tower at 5 Oak St. West in Chinatown for low-income senior citizens and complete nearly $12 million in property upgrades.

Member News

Gorman & Co. Announces New CEO Brian Swanton, Effective January 1, 2018

Brian has served as Gorman & Company’s Arizona Market President for the past eight years.

Member News

Historic Votes Pave Way for Related California and Mercy Housing to Create Mixed-Income Housing

The chronically under-serviced and isolated Sunnydale neighborhood is on the cusp of a long-awaited rejuvenation following a San Francisco Board of Supervisors’ vote authorizing the phased redevelopment of the Sunnydale public housing site. The existing 778 public housing units will be replaced in phases with up to 1,700 units of mixed-income housing, ranging from very low to market rate.

Member News

Partner Andrew Potts Returns to Nixon Peabody After Serving as Executive Director of US/ICOMOS

Nixon Peabody is excited to announce that tax credit finance and syndication partner Andrew S. Potts has returned to the firm’s Washington DC office after a 24-month sabbatical.

Member News

Woda Group’s Willoughbeach Terrace Earns LEED Gold Certification

Willoughbeach Terrace has earned LEED Gold Certification from the US Green Building Council (USGBC). Willoughbeach Terrace is a new 50-unit affordable senior community located on the waterfront of Lake Erie in Willowick, OH, about 17 miles northwest of Cleveland.

Massachusetts

MassHousing Partners with Madison Park CDC, POAH, JCHE, Others to Preserve 4 Affordable Senior Housing Projects

Senior citizens living in four affordable housing communities in Boston, Framingham, Newton and New Bedford will see the preservation of affordability and extensive property renovations as a result of $102.7 million in MassHousing financing.

Member News

RED Capital and The Michaels Organization Close RAD Deal in Philadelphia

Courtyard at Riverview in Philadelphia required a $31.75M FHA Section 221(d)(4) loan and $39.73M of tax-exempt bonds for the rehabilitation of Courtyard at Riverview in Philadelphia, PA.

Member News

Conifer Announces Betty Perry as new RVP for Property Management on Long Island

Ms. Perry brings over 20 years of experience overseeing a diversified portfolio of mixed use properties.

Member News

The Woda Group Announces Construction of Mixed-Use, Mixed Income Development in East Point, GA

It is one of the first affordable housing developments in the area projected to earn the LEED Gold certification by the U.S. Green Building Council.

Member News

The Woda Group Announces Construction of Senior Community in Circleville, OH

The project was made possible with state housing tax credits as well as historic tax credits.

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