Affordable Housing
Tackling Affordable Housing in the Northeast
Standard Communities’ Sean Carpenter delves into the challenges affecting the region’s multifamily market, but also weighs in on signs of growing economic vitality across the area’s main metros.
Gardner Capital Completes Oklahoma Affordable Senior Housing
The developer has selected Seldin Cos. as property manager for the 54-unit community.
Developer Lands $9M LIHTC Equity for California Property
Hunt Capital Partners provided funding for the acquisition and rehabilitation of a 163-unit affordable community in Palm Desert.
HUD Allocates $1.1B for Housing Vouchers
The funds will be used to combat homelessness and are a part of the American Rescue Plan legislation.
Greysteel Brokers Affordable Maryland Community Sale
The non-profit buyer will preserve Birchwood at Waldorf’s fully affordable housing status.
Ares Lands $78M Refi for New York Community
The owner will use the loan proceeds to retire $66 million in CMBS debt and continue rehabilitation of the partially affordable asset in Westchester County.
Slate, RiseBoro Partner on Affordable Brooklyn Project
The developers plan to reserve the majority of the 215 units as supportive housing.
CPP Closes 1st Affordable Housing Buy in Tennessee
The owner plans to invest more than $12 million to reposition the 108-unit asset.
Cityview Raises $100M for California OZ Development
Oakland Waterfront will total 378 units in the Brooklyn Basin master-planned community on the Oakland Estuary.
BRIDGE Opens Affordable Portland Community
The project’s financing partners include Multnomah County, the Portland Housing Bureau and U.S. Bank.