Affordable Housing
Historic NY Factory to Get $64M Makeover
East House and MM Advisors will transform the 19th-century brick structure into affordable units.
Avanath Acquires Orlando Property for $63M
Noting the big jump in local rents, the investor plans to keep the 266-unit property affordable.
Howard University to Develop Mixed-Use Building Near Campus
The project in Washington, D.C.’s Shaw neighborhood will include as many as 500 units.
JV Breaks Ground on Los Angeles Affordable Senior Housing
The project received financing provided by the Los Angeles Housing Department along with LIHTC equity.
Helping Minority Developers Scale Up
Affordable housing advocate Gina Merritt on increasing racial equity in development while addressing the chronic affordable housing shortage.
Chicago Affordable Property Gets $58M From CIBC
In a first, this community for blind and visually impaired residents will receive LIHTC financing.
BRIDGE Housing’s Oregon Affordable Community Advances
Aloha Family Housing is slated for delivery in the fall of 2023.
Starwood Pays $92M for Affordable Housing Portfolio
The four Florida properties comprise 669 units.
WNC Fund 53 Raises $153M for Affordable Housing
Secured through nine institutional investors, the equity will develop and renovate more than 1,300 units.
Bellwether Obtains $23.6M for two Communities
Southsider and The Roberston mark Bellwether Enterprise’s sixth and seventh closings this year.