Affordable Housing
1,000-Unit Affordable Community Breaks Ground in NYC
The development in Brooklyn will be located two blocks from the Coney Island Boardwalk and will include retail and office space.
HTG Opens 100-Unit South FL Affordable Community
Arbor View is a $27 million development in Margate, roughly 18 miles from Fort Lauderdale. The community is restricted to residents 55 years and over.
Top 10 States by Multifamily LEED Certifications
California, Texas and Washington hold the top spots for LEED-certified multifamily properties in the U.S. over the past two years.
Ismael Leyva Architects Selected for Flushing Mixed-Use Project
The seven-story building will feature 103 rental apartments, 31 of which will be designated as affordable. The development is slated for completion in late 2019.
Rent Control Fight Expected to Continue After Prop 10
Proposition 10, a statewide ballot initiative designed to expand rent control in California, was defeated in a well-funded campaign led by multifamily industry leaders. Now they hope to put the focus on expanding affordable housing opportunities.
KeyBank Provides $64M Loan for Affordable NJ Asset
The refinancing will also help rehabilitate Grace West Manor, a 429-unit Newark community built in 1978. The property serves individuals aged 62 and over.
Partially Affordable Anchorage Project Receives $7M Loan
Elizabeth Place Apartments in Anchorage will serve those earning between 50 and 60 percent of the area’s median income, as well as homeless and disabled residents.
The 2018 Vote: California Says No to More Rent Control
The state rejected a measure that would have opened the door to broader restrictions, but concerns linger about efforts around the country to impose caps.
How Austin Can Set an Example in Tackling Affordability Issues
The $250 million bond, the largest in the city’s history, is expected to ease the metro’s rising affordability issue. In this interview, Atlantic | Pacific Cos.’ Dan Wilson talks about the company’s most recent projects in the market.
Affordable Project Breaks Ground in Camden, NJ
Branch Village Townhomes will occupy the site of the former public housing development in the city’s Centerville neighborhood. The community will include 72 units.