Member News

Tax Credit Group has joined CBRE Group, Inc. and created a new product specialty capability in its Capital Markets offering: CBRE Affordable Housing.

Vesta Corporation announced that Lewis Brown, Joshua Greenblatt, and Chuck Moran were promoted to Executive Vice President. Candice Greenberg was promoted to vice President. Steven Rice was promoted to Director of Acquisitions and Development.

Red Stone Partners provided $16 million in tax-exempt bond financing for the new construction of affordable multifamily rental housing in Baton Rouge, Louisiana.

As a GNMA Issuer, Churchill Mortgage Investment can now issue mortgage-backed securities collateralized by FHA and USDA-RD 538 loans.

Walker & Dunlop, Inc. announced it has hired Kyle Peterson as vice president in its Multifamily Finance group. Mr. Peterson specializes in the financing of acquisitions, rehabilitations, and new construction of affordable and market rate properties.

WNC announced that Kelly Henderson, Esq., an affordable housing professional with 16 years of experience, has rejoined the firm as senior vice president of originations, responsible for the Northeast region.

The Low-Income Housing Tax Credit has financed more than 2.7 million rental homes, according to a report from the National Association of Home Builders.

The Woda Group continues to rebuild senior affordable housing, which was destroyed by a fire while under construction earlier this year in Baltimore. The development has been recognized for overcoming significant obstacles.

Enterprise Community Partners’ largest multi-investor fund to date will finance 39 Low-Income Housing Tax Credit properties with more than 4,000 affordable rental apartments in 14 states. At $318 million, the “Enterprise Housing Partners 26 Fund” stands as one of the largest in the industry’s history.

Trinity Financial celebrated the completion of 113 new units of affordable housing in Brockton, MA. The housing is the first completed phase of a larger project being built under Chapter 40R.

Affirmed Housing’s Arbor Green, where residents enjoy utilities for approximately $5 or less a month, earned honors from the U.S. Green Building Council.

With nearly two decades of experience in community development finance, Hoopengardner will guide the overall management and growth of NTCIC, a tax credit syndication firm.