Beacon Communities’ historic rehabilitation project, which is a 2014 Timmy Award winner, was honored by the National Trust for Historic Preservation. Ames Shovel Works was one of four projects in the country to receive the award.
WNC announced Howard M. Heitner, a 35-year veteran of the affordable housing, legal and financial industries, has joined the company’s advisory board.
As a result of the $16.4 MassHousing financing, The Community Builder’s Section 8 subsidy will be extended at least 15 years and significant improvements will be made to the 87-unit property.
OCCH welcomed Andy Lee as Vice President of Fund Management. The organization also announced several promotions: Beth Long and Brad Carman to Senior Development Analysts; Lori McMillan to Vice President, Fund Management; and Millie Davis and Wolfgang Teran to Vice Presidents of Ohio Capital Finance Corporation. Lisa Patt-McDaniel, former Director of Community Development at OCCH, is serving as an “Executive on Loan” to the Affordable Housing Trust of Columbus and Franklin County as they create a new CDFI organization at the Trust.
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.