Member News
MassHousing Recognizes WinnCompanies as Top-Performing Management Company Fostering Minority- and Women-Own Business Enterprises; Beacon Communities, The Community Builders, POAH, Related Management, Trinity Management and Wingate Management also Receive High Marks
In fiscal year 2016 the 424 rental housing communities in the MassHousing loan portfolio generated approximately $201.4 million in contracts for goods, services and supplies. Of this amount, $37 million (18%) went to Minority-Owned Businesses and $23 million (11%) went to Women-Owned Businesses.
Vesta Corporation Celebrates Successful $9M Renovation of Villa Serena Community
(Weatogue, Connecticut) A senior living community that was the dream of an Italian immigrant was recently brought into the 21st century by affordable housing specialists, Vesta Corporation. The Villa Serena Apartments in Mayfield Heights, Ohio, was renovated by Vesta Corporation through a unique public and private partnership that was seen as a model for affordable senior […]
Winn Development and The Architectural Team Receive Multifamily Executive Award
Loft Five50, a historic rehab project which recently received an NH&RA Timmy Award, has now also received recognition from Multifamily Executive.
Regions Bank Acquires Affordable Housing Syndication and Asset Management Businesses from First Sterling Financial, Inc.
BIRMINGHAM, Ala. – October 17, 2016 – Regions Bank today announced it has acquired the Low Income Housing Tax Credit (LIHTC) corporate fund syndication and asset management businesses of First Sterling Financial, Inc. The acquisition complements Regions’ Community Investment Capital, Real Estate and Capital Markets capabilities to serve more clients and communities. First Sterling is […]
CREA Hires Gary D. Rodney As Chairman
In this newly created position, he will be responsible for working with President and CEO, Jeffrey A. Whiting, as well as other key personnel to shape and execute the direction of the company.
TCAM Opens Office in Washington, DC
The DC office expands TCAM’s capacity for its growing list of clients in the Mid-Atlantic region.
Homes for America Appoints Kathy Ebner as President and CEO
Kathy has been with Homes for America since 1998, serving in several capacities with the Annapolis based nonprofit housing development organization.
Cynthia Lacasse named as MassHousing’s New Director of Rental Business Development
Lacasse will oversee the Agency’s Rental Business Development operations.
CREA Hires Neala Martin As Vice President Of Acquisitions
Martin will work out of CREA’s New York office and will report directly to Charles Anderson, Executive Vice President, Acquisitions.
POAH Celebrates 15 Years
Preservation of Affordable Housing, Inc. celebrated a 15-year milestone on September 28th. The event hosted presentations and discussion on key public policy issues. For those who could not attend, the experience is available through links to photos, the “POAH turns 15” video, and event handouts on their web site: http://www.poah.org/news/poah-15th-year-anniversary-celebration. POAH expresses their deep appreciation […]
Doug Bates Promoted to CFO at National Affordable Housing Trust
Mr. Bates joined NAHT in 2007 as an Assistant Controller prior to moving into his role as the Director of Accounting and Investor Reporting. Additionally, for the past year, Mr. Bates has served as NAHT’s Interim CFO.
NH&RA Members Receive AHF Readers Choice Awards
34 finalists from a pool of 87 nominees were selected for the 12th annual awards, with 10 projects receiving awards. Congratulations to our members!