Member News

Lument placed a $45.5 million bridge loan to facilitate the lease-up and stabilization of the Reserve at Temple Terrace, a 290-unit, ten-building multifamily community in Temple Terrace, FL.

Lument Securities announced it has facilitated the closing of $21.5 million tax-exempt and taxable bonds to fund the construction and long-term financing of Lashkowitz Riverfront, a 110-unit, affordable multifamily apartment community in Fargo, ND.

Woda Cooper Companies, Inc. hosted a groundbreaking ceremony to celebrate the beginning of construction on the two-phased Juniper Crossing, an affordable senior housing community on Columbus’ far south side.

USA Properties Fund announced it has opened College Creek, an apartment community that offers much-needed housing for residents that earn a wide range of income levels in Santa Rosa.

Merchants Capital announced that it secured more than $100 million in debt and equity proceeds for the acquisition and rehabilitation of Travis Park Apartments, an affordable housing development in Austin, TX.

KeyBank Invests $20 million to combat inequality in housing in Cleveland, OH.

Community Investment Strategies Inc (CIS) has received unanimous approval from the Hoboken Zoning Board of Adjustment to develop 36 deed-restricted senior affordable housing units at 1033 Willow Ave in Hoboken.

Woda Cooper Companies, Inc. and Project for Pride in Living, co-developers of the highly anticipated North Loop affordable housing community, Shelby Commons, hosted a ribbon-cutting celebration to highlight the new housing community that offers 46 new affordable rental homes for families and individuals in Minneapolis’ North Loop neighborhood.

Woda Cooper Companies, Inc. announced that Malik Jordan has joined Woda Cooper Companies, Inc. as senior vice president – development, and Jared Miller as vice president – development.

Standard Communities announced it is making its entry into Michigan, in a joint venture with River Caddis Development participating in a public-private partnership creating a ground-up affordable community in Kalamazoo.

Merchants Capital announced more than $59 million in financing for the rehabilitation of Amber Commons, a 198-unit multifamily housing development in Gaithersburg, MD.

CAHEC announced that the U.S. Department of the Treasury’s CDFI Fund awarded CAHEC New Markets $50 million of New Markets Tax Credit (NMTC) allocation authority under the CY 2023 allocation round.