Affordable Housing

Greystone Provides $133M Loan for NYC Asset

The Fannie Mae loan will refinance a mixed-income property encompassing 571 units on the Staten Island North Shore waterfront.

Community Preservation Corp. Launches Mortgage Company

CPC Mortgage Co. will offer a suite of Freddie Mac, Fannie Mae and Federal Housing Administration products for the acquisition, refinancing, rehabilitation and construction of multifamily properties.

Last Day to Enter the 2019 Multi-Housing News Excellence Awards!

Our deadline expires today! Don’t miss this opportunity to showcase your company’s projects and talent.

Closing the Investment Return Gap in Seattle

Due to skyrocketing housing prices in and around the city, many nurses, school teachers and first responders drive an hour to their jobs. What can be done to make building workforce housing more enticing?

KeyBank Provides $12M for Cleveland Adaptive Reuse Project

Snavely Group will use the financing to create 38 affordable units at Forest City Square Apartments, an environmentally friendly housing development.

Affordable Buffalo Community Scores Construction Financing

Elim Townhomes received $12.1 million in construction financing from KeyBank. The community will reserve five units for individuals with physical, hearing and vision impairments.

Historic Chicago Building Receives $53M Loan

The NHP Foundation has commenced renovation on the Mark Twain Hotel. By the end of 2019, the property will encompass 148 affordable units.

Bridge Housing Tops Out $84M Affordable Project in OR

A housing development named for Vera Katz, an inspiring local leader, is nearing completion in Portland. It will offer much-needed rental housing to low-income families and homeless military veterans.

California Expands Affordable Housing Finance Incentives

The new program aims to incentivize affordable housing development for residents with a mix of incomes.

CAPREIT Sells Affordable Active-Adult Asset in Metro DC

The buyer selected ROSS Cos. to oversee property management operations and a capital improvement project at the active adult community.