Affordable Housing
Brooklyn Affordable Community Breaks Ground
Pennrose and RiseBoro Community Partnership are building the 218-unit development in the East New York neighborhood.
Blue Magma Expands Atlanta Footprint With $22M Purchase
The fully affordable asset in Stone Mountain is the company’s 11th purchase in the area and its fifth LIHTC deal in the last 20 months.
3rd Phase of New Jersey Affordable Redevelopment Begins
The Branch Village Townhomes II in Camden will have 75 apartments, including five set aside for formerly homeless residents.
In Case You Missed It: MHN’s Top 5 Posts in September
Miss any of our articles? Catch up with five of our most popular posts for the month.
How to Prevent Cost Overruns in Multifamily Construction
Richard Lara, president & CEO of California-based RAAM Construction, explains how developers can save money and avoid delays in project deliveries.
LIHTC Pilot Speeds Up Affordable Financing
A Tennessee affordable housing community catering to seniors and disabled residents became the first property financed by HUD’s Atlanta office under the new LIHTC Pilot program.
Affordable Massachusetts Property Lands $23M Loan
MassHousing closed on the financing, which will allow Maloney Properties to undertake substantial renovations at the 50-year-old community and extend its affordability.
Upzoning: Building More to Rent for Less
A few U.S. cities are overhauling zoning rules to increase density and expand the supply of affordable housing. It might take years, however, to find out if significant improvements were made.
Brooklyn gets 58 New Units of Affordable Senior Housing
The 13-story building in the Lefferts Gardens neighborhood has senior-friendly design elements and on-site social services.
New Jersey TOD Scores Financing
A JLL Capital Markets team arranged the $19.9 million construction loan for 34 Bank in Netcong, N.J.