Member News

The Architectural Team announced an endowed scholarship at Wentworth Institute of Technology (WIT), a leading institution for design education.

Dakota Partners, Inc. said it was pleased to be named to Affordable Housing Finance magazine’s top 50 affordable housing developers list, as well as earning a Novogradac Journal of Tax Credit honorable mention award for its Lincoln Lofts in Lincoln, RI. 

Urban Land Institute said it has selected Jonathan F.P. Rose as the 2021 recipient of the ULI Prize for Visionaries in Urban Development. 

The Affordable Housing Institute said it has named Laura Grelet as principal and Margaux Morenas as project manager. 

Ginosko Development Company announced the appointment of Alicia Powell to the position of vice president of Asset Management. Powell (formerly Brown) is the outgoing chief of HUD Multifamily Account Executive Branch. 

Hunt Capital Partners said it celebrated the grand opening of Northside Village, the first tranche in the redevelopment of Yates Village public housing in Schenectady, NY.

Hunt Capital Partners, in collaboration with CRP Affordable Housing and Community Development LLC and its affiliate Castellan Holdings LLC, announced the closing of $5.6 million in LIHTC equity financing for St. Stephen’s Retirement Center in San Diego, CA.

The Architectural Team said a new mixed-income housing east Boston development is demonstrating how smart planning and design can help cities add much-needed residential space on underutilized land.

The Chicago office of financial services company Merchants Capital announced it recently secured more than $26 million in financing for the acquisition of Island Terrace, an affordable apartment complex in Chicago’s Woodlawn neighborhood.

Cinnaire announced the closing of a $175.7 million LIHTC fund that will finance the development or preservation of more than 1,648 affordable homes and 2,441 bedrooms in five states.

Cinnaire announced it has named Sherita Smith as vice president, community development.

Merchants Capital said its real estate equity team, in partnership with First Merchants Bank, The National Bank of Indianapolis and Merchants Bank of Indiana, reached the closing of Indiana Social Impact Housing Equity Fund II, LP. The Fund targets large-scale revitalization of vacant single-family homes in traditionally disinvested neighborhoods in and around downtown Indianapolis.