Member News
CHAM Announces Buy or Sell Webinar
During a tough time for mission-oriented owners of affordable housing, owners are faced with enormous operating challenges at both the portfolio and organizational levels.
Beacon Communities Announces Chief Administrative Officer
Tim Sullivan has been named chief administrative officer at Beacon Communities where he will be responsible for the overall financial strategy and oversight of information technology, human resources, and accounting and finance.
Fairstead Names Managing Directors
Rob Dunn has been promoted to managing director, asset management, and Noah Hale has been promoted to managing director, development, at Fairstead. Both are based primarily in the company’s Florida office.
KeyBank Provides $10 Million Line of Credit to Cinnaire Lending
Cinnaire Lending Corporation, a certified Community Development Financial Institution (CDFI) was awarded a $10 million loan from KeyBank’s CDFI Lending & Investment Group.
CREA LLC’s C0-President Releases Debut Book
Author Tony Bertoldi’s debut book, American Dream Come True sheds light on the critical issue of affordable housing in America.
Merchants Finances Renovations to Edenwald Houses in The Bronx
Merchants Capital announced that it provided more than $320 million in financing to support comprehensive renovations at Edenwald Houses in Bronx, NY.
Woda Cooper Companies Inc. Holds Groundbreaking at The Enclave on Main[JH1]
Woda Cooper Companies, Inc. and co-developer IMPACT Community Action held a ceremonial groundbreaking at the Enclave on Main.
Woda Cooper Companies Announces Financing of Five Affordable Communities
Woda Cooper Companies, Inc. announced recent LIHTC awards of more than $67 million to support the financing for five new affordable housing communities in North Carolina, Michigan, Iowa, Virginia and Illinois.
Cal HFA Sells $84.9 Million in Multifamily Revenue Bonds
The California Housing Finance Agency (HFA) sold $84.9 million of affordable multifamily housing revenue bonds.
KeyBank Secures $20.3 Million of Financing for Multifamily Property in Anchorage, AK
KeyBank Community Development Lending and Investment (CDLI) provided $20.2 million for the construction of new affordable housing in Anchorage, Alaska.
Dominium Acquires Land in Goodyear, Arizona
Dominium announced that it acquired land at 16895 Van Buren Street for the development of a new affordable housing community in Goodyear, Arizona.
Hunt Capital Partners Closes on El Jardin Apartments
Hunt Capital Partners, in partnership with the Brownsville Housing Opportunity Corporation (BHOC), announced the closing of $13.6 million in LIHTC and $11.3 million in federal and state HTC financing for El Jardin Apartments located in Brownsville, Texas.