Member News
Norris Gardens Apartments Showcases Remarkable Transformation Following Extensive Rehabilitation
AAMCI Development, LLC announced the completion of a comprehensive rehabilitation of Norris Gardens Apartments, an elderly affordable housing community in Norris, TN.
Churchill Stateside Group Closes Record-Setting Preserve at Hanover Park Completing Largest USDA-RD 538 Loan in U.S. History, $53.8M
Churchill Stateside Group, LLC announced the closing of the Preserve at Hanover Park in Beaufort, SC.
Dominium Promotes 74 and Hires 151 Employees in Q1 2024
Dominium announced that it has hired 151 new employees and advanced the positions of 74 more during the first quarter of fiscal year 2024.
Winn-Opal Open Historic 74-Unit Mixed Use in Springfield, MA
WinnCompanies and development partner Opal Real Estate Group joined with federal, state and local leaders to formally open ThirtyOne Elm, a signature adaptive reuse development bringing 74 apartments and 13,000 square feet of retail and commercial space to the heart of downtown Springfield, MA.
Groundbreaking at The Lenox with 64 units in Augusta, GA
Woda Cooper Companies, Inc. and co-developers Parallel Housing, Inc., as well as City of Augusta officials gathered to host a ceremonial groundbreaking for The Lenox, a 64-unit, $17.5 million development.
Boston Financial Ranked #1 Syndicator of Affordable Housing for Fourth Consecutive Year By NMHC
Boston Financial announced it has been ranked the largest LIHTC multifamily housing syndicator for the fourth consecutive year by National Multifamily Housing Council (NMHC).
Merchants Capital Promotes Chris Messmann to Executive VP in its Tax Credit Equity Division
Merchants Capital announced that it has expanded its executive leadership team with the promotion of Chris Messmann to executive vice president.
Woda Cooper Companies Develops Permanent Supportive Housing
Woda Cooper Companies and Cherry Health announced that Michigan State Housing Development Authority has awarded housing tax credits to Shea Ravines, a new $18.2 million 56-unit affordable housing community with 20 Permanent Supportive Housing (PSH) units in Wyoming, MI.
KeyBank Provides $54.9M for Affordable Multifamily Housing in Jersey City
KeyBank secured $54.9 million for Hudson Valley Property Group to refinance Grandview Terrace Apartments, a 283-unit affordable multifamily property located in Jersey City, NJ.
The Community Builders’ The Beacon Receives NYSERDA Buildings of Excellence Award
The Community Builders and Ascendant Neighborhood Development announced that The Beacon in East Harlem, NY was selected a winner in the fourth round of New York State Energy Research and Development Authority’s (NYSERDA’s) Buildings of Excellence competition for the design of a low-carbon emitting multifamily building.
The Community Builders Celebrates Groundbreaking for Stirlingside Residences
The Community Builders was joined by Mayor Jim Cahill, New Brunswick Housing Authority (NBHA), Middlesex County and the New Jersey Housing and Mortgage Finance Agency (NJHMFA) to celebrate the groundbreaking for Stirlingside Residences, a 53-unit affordable housing community for families in New Brunswick, NJ.
Hunt Capital Partners Transfers Ownership of 74-Unit Alabama Development to Neighborhood Concepts, Inc.
Hunt Capital Partners (HCP) announced the transfer of ownership of Hunter’s Landing and Quail Ridge at Mallard Pointe, a 74-unit affordable housing development in Arab, AL, to Huntsville-based nonprofit Neighborhood Concepts, Inc.