Ohio Capital Finance Corporation will use a $1.6 million CDFI FY2015 award to launch a statewide Neighborhood Development Fund which will provide loans to community development projects that will positively impact adjacent affordable housing.
The American Jewish Committee Boston chapter honored Arthur Winn, founder of WinnCompanies, at its annual Community Leadership Award dinner. The event celebrated Winn’s affordable housing work.
The agency’s new MAP/Ginnie Mae initiative has generated $77.5 million in financing and extended affordability for 817 apartments in Fairhaven, Fall River, Lowell and New Bedford, Massachusetts.
Conifer promoted Cheryl Stulpin to Senior Vice President of Conifer Realty. Mark Benotti has been promoted to Vice President of Human Resources and Risk Management.
MassHousing Executive Director Thomas R. Gleason has been reelected President of the Board of Directors of the National Council of State Housing Agencies.
Sharon Wilson Geno has joined the Legal team of Volunteers of America as Senior Vice President of Legal Affairs. John Kirkland has also joined the staff at Volunteers of America in Alexandria, Virginia, as the Development Director for the mid-Atlantic states.
Homes for America is developing affordable housing in Baltimore using LIHTC equity and additional financing from Maryland DHCD.
Lancaster Pollard announced the hiring of David Bonomo as senior vice president to expand the firm’s investment banking and mortgage banking finance activities for market-rate, income-restricted and subsidized rental properties.
Affordable Housing Finance announced that developments by Pennrose Properties, BRIDGE Housing, Dominium, The Community Builders, Homes for America, and Volunteers of America are some of their readers’ top choices.
NH&RA members are key development and funding partners in the Choice Neighborhood grants that the Department of Housing and Urban Development has awarded in Atlanta, Kansas City, Memphis, and Sacramento.
Ballard Spahr announced that Christopher D. Bell, a real estate attorney whose broad transactional experience includes more than 10 years at Fannie Mae, has joined the firm as a partner in the Washington, D.C., office.
Governor Charlie Baker has appointed Ms. Margaret F. Wagner and Mr. Ping Yin Chai to the MassHousing Board, filling two vacancies on the nine-member governing body that oversees the Commonwealth’s quasi-public affordable housing bank.