Affordable Housing
Presidium Launches Major Mixed-Use District in Austin
The garden-style community is the first of Pecan District’s 10 phases. The 45-acre development is anticipated to be fully complete in 2028.
Hunt Provides $120M Loan for Bronx Affordable Housing
More than 1,000 units of public housing in the neighborhood of Mott Haven will get needed repairs through the federal Rental Assistance Demonstration program, but remain affordable to residents.
80 Percent Affordable Community Replaces DC Hospital
Flaherty & Collins Properties and Anacostia Economic Development Corp. are developing Residences at St. Elizabeths East, which contains 202 affordable apartments.
In Case You Missed It: MHN’s Top 5 Posts in November
Miss any of our articles? Catch up with five of our most popular posts for the month.
NMHC’s Doug Bibby: Regulations Compound Development Costs
In the second installment of a quarterly podcast series, the association leader explains how policies at all levels of government are exacerbating an already severe housing affordability issue.
DC-Area LIHTC Portfolio Changes Hands for $31M
Greysteel facilitated the sale of 286 units spread across three affordable properties, which are restricted to residents age 62 and over.
Nonprofit Expands IL Footprint With 569-Unit Buy
Lynd Co. arranged the acquisition of Timber Oaks in Ingleside and Prairie View in Woodstock on behalf of Invest in America’s Veterans Foundation.
Opportunity Zones Knock
The new Opportunity Zones program potentially opens the door for billions of dollars to flow into multifamily development. NMHC Vice Presidents Matthew Berger and Dave Borsos provide both an update on recently promulgated regulations and a roadmap for further improvements.
Affordable Cincinnati Community Changes Hands
Related Cos. purchased Alms Hill for $3.2 million. Originally completed in 1925, the 200-unit asset in Walnut Hills once served as a luxury hotel.