Lancaster Pollard’s housing group has announced that Adam Diehl will expand his territory in the mid-Atlantic and Northeast regions to cover a total of nine states. Diehl was promoted to vice president in early 2016.
Metz will be responsible for originating and overseeing new project development, financing and acquisitions.
The $204,701,800 in capital represents a variety of financing platforms, including Agency loans, debt placement with national banks, and mezzanine financing for both acquisition, refinancing and new construction of 1,699 total seniors housing and multifamily units.
Enterprise Advisors will partner with PHAs, offering a range of organizational, programmatic, technical assistance and financial services
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.