Member News
M&T RCC and City First Enter Correspondent Relationship to Provide Affordable Housing
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.
NASLEF Elects New President and Officers
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.
Boston Financial Announces $164 Million National Multi-Investor LIHTC Fund
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 Acquires Land for 200 New Affordable Apartment Homes in Marana, Arizona
Dominium announced that it closed a deal to acquire land for the development of a new affordable housing community in Marana, Arizona.
Dominium Hires New Vice President of Human Resources
Dominium announced that it hired a new vice president of Human Resources (HR), Kelina Willis.
CalHFA Director Elected to NCSHA Board and ADU Grant Program Honored
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.
Cinnaire Project Earns Charles L. Edson Tax Credit Excellence Award
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 Secures $11M for Affordable Senior Housing in Cleveland
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 Expands Presence in West
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.).
NCSHA Elects 2025 Board of Directors
The National Council of State Housing Agencies (NCSHA) elected its 2024 Board of Directors on October 15, during the association’s annual conference.
Dominium Announces Groundbreaking in Goodyear and Phoenix, Arizona
Dominium announced that it will celebrate the groundbreaking of the Estrella Springs and Suncrest Vista at Canyon Trails affordable housing development in Goodyear, AZ.
The Community Builders Appoints George Tabit as Regional VP
The Community Builders (TCB) announced the appointment of George Tabit as regional vice president of development for the Great Lakes region, effective November 2023.