Member News
USA Properties Fund Completes College Creek, an Affordable Apartment in Santa Rosa
USA Properties Fund announced it has opened College Creek, an apartment community that offers much-needed housing for residents that earn a wide range of income levels in Santa Rosa.
Merchants Capital Secures $100M for TX-based Affordable Housing Development
Merchants Capital announced that it secured more than $100 million in debt and equity proceeds for the acquisition and rehabilitation of Travis Park Apartments, an affordable housing development in Austin, TX.
KeyBank Invests $20M to Combat Inequality in Housing in Cleveland, OH
KeyBank Invests $20 million to combat inequality in housing in Cleveland, OH.
CIS Gets Approval to Develop First Senior Affordable Housing in Hoboken in over 30 Years
Community Investment Strategies Inc (CIS) has received unanimous approval from the Hoboken Zoning Board of Adjustment to develop 36 deed-restricted senior affordable housing units at 1033 Willow Ave in Hoboken.
Woda Cooper and Project for Pride in Living Cut Ribbon at Shelby Commons in Minneapolis
Woda Cooper Companies, Inc. and Project for Pride in Living, co-developers of the highly anticipated North Loop affordable housing community, Shelby Commons, hosted a ribbon-cutting celebration to highlight the new housing community that offers 46 new affordable rental homes for families and individuals in Minneapolis’ North Loop neighborhood.
Woda Cooper Companies, Inc. Adds Two New Development Officers
Woda Cooper Companies, Inc. announced that Malik Jordan has joined Woda Cooper Companies, Inc. as senior vice president – development, and Jared Miller as vice president – development.
Standard Communities Makes First Investment in Michigan with Ground Up Affordable Community in Kalamazoo
Standard Communities announced it is making its entry into Michigan, in a joint venture with River Caddis Development participating in a public-private partnership creating a ground-up affordable community in Kalamazoo.
Merchants Capital Secures $59M for the Rehabilitation of Maryland-based Affordable Housing Development
Merchants Capital announced more than $59 million in financing for the rehabilitation of Amber Commons, a 198-unit multifamily housing development in Gaithersburg, MD.
CAHEC New Markets Awarded $50 million in 2023 Allocation Round
CAHEC announced that the U.S. Department of the Treasury’s CDFI Fund awarded CAHEC New Markets $50 million of New Markets Tax Credit (NMTC) allocation authority under the CY 2023 allocation round.
WinnCompanies’ Stone Mill Lofts Opens to Residents as One of the First All-Electric Apartment Communities in Massachusetts
WinnCompanies joined with federal, state and local officials to open one of the first all-electric mixed-income multifamily properties in Massachusetts, cutting the ribbon on a $39.2 million adaptive reuse development that transformed the oldest mill in Lawrence, MA, into 86 units of rental housing.
NEF Raises More Than $1 Billion through Homestead Equity Fund
National Equity Fund (NEF) announced that it has raised over $1 billion through the Homestead Equity Fund.
ION Water Expands Leadership Team with New CFO and CCO
ION Water announced key investments in the next step of its growth trajectory by appointing Sean Crandall as chief financial officer (CFO) and Eric Homberger as chief commercial officer (CCO).