Member News

Standard Communities announced it has led a public-private partnership in the ground up development of a $55 million senior 100 percent affordable housing community in San Ramon, CA.

Merchants Capital announced it was recently recognized as the #3 multifamily affordable lender nationwide by the Mortgage Bankers Association (MBA).

The D.C. Department of Housing and Community Development (DHCD) has provided financing to produce 148 new affordable housing units in Ward 7.

Hunt Capital Partners and Avenue Community Development Corporation (Avenue CDC) celebrated the grand opening and ribbon cutting for Avenue on 34th today at 2 p.m. Located at 2136 West 34th Street in Houston, TX.

Woda Cooper Companies, Inc. announced that Winston Commons, a new 54-unit affordable housing community located at 69 Douglas Street, Pontiac, MI, has been certified LEED Gold by the US Green Building Council (USGBC).

KeyBank Community Development Lending and Investment announced it is providing $49.3 million of construction financing to 4132 Beyer, L.P. – a collaboration between nonprofit affordable housing developers Metropolitan Area Advisory Committee on Anti-Poverty of San Diego County, Inc. (MAAC) and Kingdom Development, Inc., based in Riverside, CA – to develop a new affordable seniors housing community in San Ysidro, CA.

Cinnaire announced that two of it’s investments have been awarded the prestigious Charles L. Edson Tax Credit Excellence Award (Edson Award).

In partnership with Palindrome Properties, Hunt Capital Partners (HCP) announced the closing of $19.12 million in Federal LIHTC equity financing for the new construction of Trailhead at Chamizal. Located in Albuquerque, NM, Trailhead at Chamizal will provide 204 units in three mid-rise, garden-style buildings situated on 6.12 acres of land.

B’nai B’rith announced that The Machon has won a National Design Award.

The historic Illinois Alcohol Company Building in Buffalo, NY announced it will soon become the new home of the West Side Bazaar, thanks in part to a $1.75 million New Markets Tax Credit allocation from NTCIC’s Irvin Henderson Main Street Revitalization Fund.

Tapestry Development Group and Vizion Driven Communities announced that their organizations have merged.

Woda Cooper Companies celebrated the ribbon-cutting ceremony for Sparrow Ridge, a new affordable community with 96 apartments for residents age 55 or older who earn between 30 and 80 percent area median income.