Member News

USA Properties Fund and property manager Greystar announced that they started leasing units at Adega II in Rohnert Park, CA.

Hunt Capital Partners (HCP), SGI Ventures, Inc., the Housing Authority of the City of Austin and its subsidiary, Austin Affordable Housing Corporation (AAHC), announced the closing of $16.5 million in LIHTC to finance the construction of Cady Lofts.

Woda Cooper Companies, Inc. (WCCI) hosted a grand opening and ribbon-cutting at the new 30-unit Edison Crossing property located at 106 Northbound Gratiot venue in Mount Clemens, MI.

Boston Financial today announced Institutional Tax Credits 59 Limited Partnership (ITC 59), a $164 million LIHTC fund. ITC 59 will help create and preserve 1,357 homes across 22 properties and 18 communities in 10 states.

Dominium announced that it closed a deal to acquire land for the development of a new affordable housing community in Marana, Arizona.

Dominium announced that it hired a new vice president of Human Resources (HR), Kelina Willis.

M&T Realty Capital Corporation (M&T RCC) and City First Bank announced that they entered into a correspondent relationship that will provide City First borrowers with access to M&T RCC’s Fannie Mae DUS®, Freddie Mac Optigo® and FHA lending capabilities for conventional and affordable multifamily loans.

The National Association of State and Local Equity Funds (NASLEF) announced that they recently elected new officers to serve the association over the next two years.

Cinnaire announced that The Meadows, a new affordable housing community in Darlington, WI, has earned top honors as the recipient in the rural category for the Charles L. Edson Tax Credit Excellence Award.

KeyBank Community Development Lending and Investment (CDLI) provided $11.3 million for nine percent tax credit equity to finance the new construction of Garrett Square Apartments

National Equity Fund (NEF) announced expansion in the west with the acquisition of the assets of Mountain Plains Equity Group, Inc. (MPEG), including the ownership of MPEG Acceptance Corporation (Acceptance Corp.).

The California Housing Finance Agency (CalHFA) announced that at the organization’s annual conference in Boston last week, that CalHFA Executive Director Tiena Johnson Hall was elected to serve on the National Council of State Housing Agencies (NCSHA) Board of Directors for 2024.