Member News

The National Association of County and City Health Officials (NACCHO) and the Association of State and Territorial Health Officials (ASTHO) recently selected The Community Builders Cincinnati’s (TCB) award-winning Avondale Children Thrive (ACT) Initiative to be part of a national evaluation of the social determinants of health.

Pennrose announced Shannon Cox Baker has joined as regional vice president to lead the company’s development activities in the states of Colorado, Arizona, and Utah with a regional office in Boulder, CO.

Due to the strong demand for affordable rental units in the U.S., JLL’s Valuation Advisory group announced that it has formed a dedicated, specialized national affordable housing practice and promoted Managing Directors Chip Ard and Andrea Gillman to co-lead the group.

USA Properties Fund announced its partnership with Oregon Housing and Community Services and Northwest Housing Alternatives on The Canopy Apartments in Portland, OR.

Merchants Capital announced it has has provided more than $104 million in financing for Harlem River Houses and the adjacent Harlem River II Campus, collectively known as Harlem River Houses I and II.

Dominium announced the closing of the land sale to construct Haven at Congaree Pointe, a new affordable senior housing development.

Merchants Bancorp announced it has been recognized as the best-performing bank in the country according to the 2021 S&P Global Market Intelligence Ranking, an annual ranking that assesses the performance of community banks and credit unions across the nation.

WNC announced it has closed WNC Institutional Tax Credit Fund 52 LP (WNC Fund 52).

Hunt Capital Partners, in collaboration with local nonprofit Brookmore Apartment Corporation, announced the closing of $10.13 million in Federal LIHTC equity financing for the acquisition and rehabilitation of Towne Square Apartments, according to the press release. 

KeyBank Real Estate Capital announced the appointment of Raymond Li as a senior mortgage banker, in the New York City office, focused on affordable housing to expand community development lending and investment activity in the Northeast.

Announced in a recent press release, co-developers Healthy Homes—affiliated with Community Development for All People and Nationwide Children’s Hospital—and Woda Cooper Companies, Inc. hosted a ceremonial groundbreaking event for development partners, community supporters and other stakeholders of Lockbourne Greene, a new high-quality affordable housing option with an onsite early learning center.

Massachusetts Housing Investment Corporation (MHIC) excitedly announced the launch of its next Low-Income Housing Tax Credit Equity Fund to provide much-needed capital for new construction and rehabilitation of affordable housing properties across Massachusetts, Connecticut and Rhode Island.