Member News

Member News

McCormack Baron Salazar Opens Housing First Model for Vets in Nation’s Capital

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

Member News

Laura Schwarz Joins the Firm of Reno & Cavanaugh, PLLC

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

Member News

Novogradac & Company LLP Promotes Seven to Partner

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.

Massachusetts

Beacon Communities Utilizes $27.6 Million in MassHousing Financing to Preserve Housing Community for Mixed Income Residents

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.

California

Community Preservation Partners Closes Nation’s Largest Deal Under USDA Program

280-unit property to be covered by the U.S. Department of Agriculture’s Section 515 program, ensuring affordability for seniors and $11.3M in improvements.

Member News

Cinnaire Provides $50,000 Grant Funding to Metro Community Development Fund

Metro will focus on issuing loans in the Flint and Saginaw areas.

Member News

Bellwether Enterprise Closes 2016 with $5.3 Billion in Lending for Commercial and Multifamily Properties Nationwide

Bellwether Enterprise closed approximately 700 loans on commercial and multifamily properties across the U.S. The total loan volume was $1 billion higher than 2015, about a 20 percent increase.

Member News

Bellwether Enterprise closes $125 Million 10-Property Portfolio in Ohio and Texas

Bellwether Enterprise announced today the closing of a refinance transaction for a 10-property portfolio of assets located in Ohio and Texas.

Member News

Hunt Mortgage Group Refinances an Affordable Multifamily Property Located in El Paso, Texas

Hunt Mortgage Group announced today it provided a $4.2 million Freddie Mac loan to refinance an affordable multifamily property in El Paso, Texas.

Member News

What Does Equity Market Uncertainty Mean for Recent, Upcoming LIHTC Awards?

Novogradac & Company LLP discusses the uncertainty of the equity market and its impact on the low-income housing tax credit industry. Read more on Novogradac’s Affordable Housing Recourse Center.

Member News

Applegate & Thorne-Thomsen Announces New Partner

Andrew P. Massmann has been admitted as a Partner in the firm. Andy focuses his practice on affordable housing and community development law and commercial real estate.

Member News

Cinnaire Closes Fourth Housing Equity Fund, Generates $12.5M for Affordable Housing

Cinnaire (formerly Great Lakes Capital Fund) and Michigan Bankers Association established an equity fund for low-income seniors, families and residents with disabilities.

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