Member News
Merchants Capital Secures $88 Million+ for Iowa-based Affordable Housing Community
Merchants Capital announced that it secured more than $88 million in financing for Union at Bluffs Run, a new 192-unit affordable housing community in Council Bluffs, IA.
Financing in Place for the Redevelopment of a Dorchester Parcel into 48 New Deeply Affordable and Service Rich Apartment Homes for Senior Citizens
MassHousing partnered with Jamaica Plain Neighborhood Development Corporation (JPNDC) in a mix of public, private and grant financing to redevelop The Cheney Homes, an underutilized Dorchester parcel, into 48 new, deeply affordable and service rich apartment homes for senior citizens.
Dominium Acquires Land for Arterra and Orchard Springs, Plans to Develop 599 Affordable Apartment Homes in Surprise, AZ
Dominium announced that it has closed a deal to acquire land for the development of a new community of affordable housing in Surprise, AZ.
Applegate & Thorne-Thomsen Announces New Partners
Applegate & Thorne-Thomsen announced that Alexis Chernak, C.C. Huang, Clara Kim and Matt McKay have joined the partnership effective Jan. 1, 2025.
California Housing Finance Agency’s Rebecca Franklin, Ed.D. Selected as New Chief Deputy Director
California Housing Finance Agency (CalHFA) announces Rebecca Franklin, Ed.D. as new chief deputy director following Governor Gavin Newsom’s announcement of her appointment on Friday, Nov. 22, 2024.
California Housing Finance Agency Announces Stephanie McFadden as New Director of Multifamily Programs
California Housing Finance Agency (CalHFA) welcomes Stephanie McFadden, a veteran of the affordable housing industry, as the new director of multifamily programs.
Cinnaire Receives $6M in Affordable Housing Program Awards from FHLBank Chicago
Cinnaire has been awarded $6 million in Affordable Housing Program (AHP) subsidies by the Federal Home Loan Bank of Chicago (FHLBank Chicago) to support three transformational housing projects in Illinois and Wisconsin.
Hunt Capital Partners Celebrates Grand Opening of Carnation Village in Tupelo, MS
Hunt Capital Partners, Intervest Corporation and The City of Tupelo celebrated the grand opening for Carnation Village on Thursday, December 5th.
National Church Residences Celebrates Several Ground Breakings
National Church Residences’ new service-enriched housing community designed to support residents aged 55 and older in Columbus, OH is under construction.
Mayor Bowser Joins POAH and DCHA to Celebrate Ribbon Cutting and Groundbreaking at Barry Farm
Preservation of Affordable Housing (POAH) leaders were joined by Mayor Muriel Bowser, the Office of the Deputy Mayor for Planning and Economic Development (DMPED) and the District of Columbia Housing Authority (DCHA) to cut the ribbon on POAH’s first construction in the Barry Farm redevelopment in Southeast DC.
TCAM Asset Management Rebrands as MRI Asset Management Services
TCAM Asset Management, an affordable housing service provider acquired by the PropTech firm MRI Software in 2018, is rebranding as MRI Asset Management Services.
Financing in Place for the Redevelopment of a Boston Hotel Into 99 Studio Apartments for Formerly Homeless Individuals
The Community Builders, Inc. (TCB) has an array of public and private financing in place to redevelop a former hotel on Boston’s Morrissey Boulevard into 99 new studio apartments with supportive services through Pine Street Inn for individuals moving out of homelessness.