Member News
SRM Closes on Rare Purchase of Two 14-Story Towers in First Hill; Permanently-Preserves More than 350 Workforce Housing Units
SRM announced the purchase of ‘The Mill at First Hill, two buildings in Seattle’s First Hill neighborhood, which will permanently preserve 358 units of workforce housing.
Hunt Capital Partners Safeguards Affordable Housing by Waiving Qualified Contract Option for Alabama Development
Hunt Capital Partners announced steps to preserve affordable housing for low-income families in Dothan, AL.
WinnCompanies Acquires Historic Hartford Community, Launches $18.7M Renovation
WinnCompanies announced the acquisition of 84 apartments grouped within ten three-story, residential buildings in Clay Arsenal, the oldest neighborhood in Hartford, CT.
Massachusetts Lieutenant Governor Kim Driscoll and The Community Builders Celebrate Groundbreaking for Workforce Housing in Provincetown
Massachusetts Lieutenant Governor Kim Driscoll joined the Community Builders to celebrate the groundbreaking for Province Post, a 65-unit mixed-income, workforce housing community for families.
Trinity Financial to Turn Blighted Property into New Housing
KeyBank Community Development is making a $27 million equity investment and nearly $25 million construction loan to Trinity’s 85 Tremont project, The Aeolian Company building, a manufacturing facility for automatic player pianos established in 1887 and a significant part of Meriden’s history.
Beacon Communities and Local Leaders Celebrate Completion of Baystate Place in Springfield
Beacon Communities celebrated the modernization of Baystate Place, a 346-unit mixed-income community in Springfield, MA.
Cinnaire Closes $175 Million Equity Fund
Cinnaire announced the closing of the Cinnaire Fund for Housing Partnership 41, a $175.4 million multi-investor LIHTC fund.
Merchants Capital Provides $81M+ Financing for New Michigan-Based Mixed-Use Workforce Development
Merchants Capital announced that it has secured more than $81 million in total financing on behalf of Magnus Capital Partners for HōM Flats at 24 East, a mixed-use, mixed-income ground-up development in Holland, MI.
National Church Residences Expands Footprint in Ohio
National Church Residences added 94 apartment units to its already extensive Ohio portfolio with the acquisition of two affordable senior housing communities – Corbly Trace and Mount View Terrace.
LIHTC Awards Granted for Senior & Supportive Housing Communities
National Church Residences received two nine percent LIHTC Awards from the Ohio Housing Finance Agency (OHFA).
Hunt Capital Partners Celebrate Affordable Housing Grand Opening in Austin, TX
Hunt Capital Partners, in partnership with O-SDA Industries, Travis County Housing Finance Corporation and Saigebrook Development, celebrated the grand opening of Saison North.
ICAST Completes First Project Under Tennessee’s New Multifamily Weatherization Program
ICAST is working with Tennessee’s Weatherization Assistance Program (WAP) Administrator, Tennessee Housing Development Agency, to implement a statewide, multifamily-focused weatherization program.