Member News
Gorman Partners with Phoenix on $30 Million HUD Grant
The $30 million HUD Grant, the first ever awarded to a community in Arizona, will leverage $185 Million of additional funding to provide over 1,000 families with new, high-quality, affordable and market-rate housing, along with significant neighborhood improvements.
Sarah Garland Joins CBRE Affordable Housing as Director of Affordable Housing Production
CBRE Group, Inc. announced that Sarah Garland has joined CBRE Affordable Housing as Director, Capital Markets, Affordable Housing Production. One of the foremost industry specialists in affordable housing finance, Ms. Garland will join CBRE Affordable Housing’s Debt & Structured Finance team and will be responsible for supporting origination of affordable and workforce housing debt financing. […]
Greg Voyentzie Assumes CEO Role at Boston Financial
Effective June 1, Greg Voyentzie has assumed the role of CEO for Boston Financial Investment Management (Boston Financial), after serving as an Executive Vice President for the company.
Red Capital Group Provides $52.5 million to Preserve Affordable Housing in Houston, Texas
The transaction will preserve 805 affordable units in Houston, TX.
Former U.S. Department of Housing and Urban Development Senior Counsel joins Nixon Peabody
Nixon Peabody recently announced the arrival of Kathie Soroka as counsel to the firm’s Affordable Housing and Real Estate practice in New York City. Kathie is one of the nation’s foremost professionals in the Rental Assistance Demonstration (RAD), having been a key player in the development of the program’s structure while she served as Senior Counsel to the General Counsel of the U.S. Department of Housing and Urban Development (HUD).
Pennrose Awarded 624 Additional Affordable Housing Units by New York City Housing Authority
In January, Pennrose, Hunt and Acacia Network were selected to address over $400 million in capital needs across NYCHA’s portfolio. Mayor de Blasio announced the expanded redevelopment plans in a press conference held June 25.
Enterprise’s Home & Hope Identifies Underutilized, Tax-Exempt Sites Ripe for Affordable Housing Development in Seattle Area
The mapping tool currently under development will identify underutilized public and tax-exempt sites throughout King County, Washington.
NHP Foundation Affiliate Named First CORES Certified Resident Services Program in U.S.
Operation Pathways, Inc. has been selected as the first Certified Organization for Resident Engagement & Services (CORES) by the Stewards of Affordable Housing for the Future (SAHF). The CORES Certification recognizes organizations that have “developed a robust commitment, capacity, and competency in providing resident services coordination in affordable rental housing.”
Beacon Communities to Host Groundbreaking at North Square at The Mill District
Beacon Communities will host a groundbreaking ceremony at 2 p.m. on June 14 with state and local officials and community members for a long-awaited mixed-use development at North Square at The Mill District.
Riverside Capital Welcomes Three New Executives to its Team
Riverside Capital, a national tax credit syndicator, today announced the addition of three new executives to its team: Drew Ries, Joshua Levy, and Matthew Haas.
Pennrose’s New Brunswick Performing Arts Center Wins NAIOP Mixed-Use Deal of the Year
New Brunswick Performing Arts Center is a $171.8 million, 450,000-square-foot redevelopment project that includes two world class theatres, 207 apartments, 30,000 square feet of office space and a parking garage.
Beacon Preserves Affordability of Brockton Housing Communities With $14.5 Million in MassHousing Financing
MassHousing has closed on a total of $14.5 million in affordable housing financing to Beacon Communities LLC, for the rehabilitation and preservation of affordability of 570 apartments at two related Brockton housing communities, the 300-unit Chatham West I and 270-unit Chatham West II.