Member News
New HUD Grants Allow WinnResidential to Expand Financial Self-Sufficiency Program for Low-Income Families
Thirteen affordable housing communities managed by WinnResidential, the property management arm of WinnCompanies, have been awarded Family Self Sufficiency (FSS) Program grants from the Department of Housing and Urban Development as part of HUD’s recent $130 million investment in economic mobility for HUD-assisted families.
Ribbon Cutting Celebration at Five Points Crossing Spotlights Affordable Downtown Living in Rocky Mount, NC
Woda Cooper Companies, Inc. hosted a grand opening and ribbon-cutting at the new 50-unit Five Points Crossing located at 213 Rose Street.
Hunt Capital Partners Elevates Growth Trajectory with New COO Appointment
Hunt Capital Partners, the tax credit syndication division of Hunt Companies that specializes in the sponsorship of Federal and State Low Income Housing, Historic and Solar Tax Credit Investments, announced that Amy Dickerson has been promoted to chief operating officer (COO).
MassHousing and MHIC Will Partner to Grow the Equitable Developers Fund
MassHousing and the Massachusetts Housing Investment Corporation (MHIC) announced that the two organizations will partner to launch and grow a new $50 million Equitable Developers Fund.
The Community Builders Awarded a $1 Million Grant Through the 2023 TD Ready Challenge
TCB has received one of the ten grants available under the 2023 TD Ready Challenge presented by TD Bank Group for its HOME ROOM: Economic Stability and Mobility Through Housing initiative.
Munson Crossing Groundbreaking in Zanesville, OH Spotlights Public/Private Partnerships
Woda Cooper Companies, Inc. hosted a ceremonial groundbreaking for Munson Crossing, a 43-unit affordable rental community now under construction in Zanesville. Munson Crossing is in the West Main Street Community Reinvestment Area in Zanesville, OH, on the site of the former Munson Elementary School building, which was demolished last year.
Dominium to Host Grand Re-Opening for Rosemont at Mayfield Villas
Dominium announced that it will celebrate the grand re-opening of Rosemont at Mayfield Villas affordable housing development in Arlington, TX on Thursday, March 7.
Dominium Advanced Positions of 128 Employees in 2023
Dominium announced the advancement of 128 employees in 2023.
Churchill Stateside Group Closes Two New Construction Loans Totaling $37.1M
Churchill Stateside Group, LLC (CSG) announced the closing of two new construction loans on two communities set to deliver 278 affordable housing units to Wilmington, NC.
Merchants Capital Provides $103 Million+ in Total Financing for the Rehabilitation of Woodlawn
Merchants Capital’s Chicago office announced that it provided more than $54 million of debt and $49 million in LIHTC equity financing for the rehabilitation of Island Terrace, a 21-story affordable apartment complex located across from the Obama Presidential Center in Chicago’s Woodlawn neighborhood. Preservation of Affordable Housing, Inc. closed the complex financing structure on Dec. 20, 2023.
Merchants Capital New York Provides $1.7 Billion in 2023 Financing, Surpassing 2022 Office Record
Merchants Capital’s New York office announced a total production volume of $1.7 billion for 2023, surpassing its record-breaking $1.3 billion debt production volume in 2022.
USA Properties Fund Starts Construction on Terracina at Westpark in Roseville, CA
USA Properties Fund has started construction on Terracina at Westpark, an affordable apartment community in west Roseville, CA that will provide much-needed housing for residents, from early-in-their career professionals and hardworking families saving for their first house to retirees living on a fixed income.