WinnCompanies and the Boston Housing Authority (BHA) announced that work will begin in 2024 on the $2 billion redevelopment of the Mary Ellen McCormack public housing complex under a two-phase master plan.
Applegate & Thorne-Thomsen announced that Bennett Applegate, Jr., Ryan Hatten and Jolyn Heun have joined the partnership effective January.
Cinnaire announced the closing of two LIHTC funds totaling $193 million. These multi-investor funds will support the creation of preservation of 1,849 affordable homes across 22 projects in nine states.
The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) constitute a once-in-a-lifetime opportunity for the multifamily affordable housing market to access federal funds for green solutions.
The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) constitute a once-in-a-lifetime opportunity for the multifamily affordable housing market to access federal funds for green solutions.
Cinnaire announced the closing of two LIHTC funds totaling $193 million.
Hunt Capital Partners (HCP) announced that it transferred ownership of Cadet Point Senior Village (Cadet Point) back to Biloxi Community Development Corporation (BCDC), the nonprofit arm of the Biloxi Housing Authority (BHA).
WinnCompanies and co-developer ART-JIUS Enterprises announced the acquisition of a 68-unit affordable housing community in Paterson, NJ.
KeyBank Community Development Lending and Investment (CDLI) provided a $35 million construction loan and $15.7 million in four percent LIHTC equity to finance the acquisition and rehabilitation of Cambridge Square Apartments, located in Monroeville, PA.
Standard Communities led a public-private partnership acquiring Huntington Towers, an affordable senior community with 214 units located in Mount Prospect, IL.
Enterprise Community Partners (Enterprise) and Church of God in Christ Community Economical Development Corporation (COGIC CEDC) announced a new collaboration at COGIC’s 115th Holy Convocation to train 200 COGIC congregations in faith-based community development.
Beacon Communities was featured in a December article in the Boston Globe “A Miracle on Clarendon Street: How a Back Bay Building Became Apartments for Homeless People.”