Affordable Housing
Affordability Solutions: Lessons from Denver
NMHC President Doug Bibby on an innovative pilot program that brings public and private stakeholders together to provide reasonably priced workforce housing.
WinnCompanies Lands $11M Loan for Boston Redevelopments
The Clippership projects involve the demolition of four buildings and the construction of two new ones that are set to include 22 affordable apartments and 30 mixed-income condos.
5 LEED-ing Multifamily Projects in CA
Los Angeles, San Francisco and San Diego hold the top spots for LEED-certified multifamily properties in California through the past 12 months.
Google Invests $50M in Silicon Valley Fund
The investment is part of the company’s previously announced $1 billion commitment to help fund affordable housing in the Bay Area.
Steele Properties Buys Columbus Affordable Community
The firm has expanded its portfolio with the acquisition of a 112-unit property. The asset will receive more than $44,000 per unit in hard cost rehabilitation.
Michigan Awards LIHTC for 536 Affordable Units
The state selected five projects in Detroit for the federal tax credits, which will support the construction of 235 new units and preserve the affordability of 318 existing units.
Greystar Breaks Ground on First-Ever Portland Project
The multifamily giant is building its first ground-up development, a 182-unit rental community in the Goose Hollow neighborhood of the city.
Affordable Housing Services 2.0: Health & Wellness Programs
Avanath Capital Management’s Alicia Bramble and Ada Arevalo talk about how the shift toward lifestyle services and away from physical amenities is impacting the affordable housing market in the Washington, D.C., area.
NYC Moves Forward on $260M Harlem Project
Empire State Development approved a modified plan along with $4.5 million in grants for the redevelopment project, which will include more than 170 affordable and supportive housing units.
DC Rental Property Commands $37M
Montgomery Housing Partnership acquired the 394-unit affordable housing community in a transaction facilitated by Greysteel.