Affordable Housing
Inclusion: The Key Ingredient in Charlotte’s River District
Laurel Street will build an affordable housing community—on land donated by Crescent Communities—within the metro’s largest current mixed-use project. The two local companies reveal details of their collaboration in an interview with MHN.
Pacific American Trades Sacramento-Area Affordable Property
WNC & Associates partnered with the Foundation for Affordable Housing to purchase the 95-unit multifamily asset. The acquisition was funded with $7.4 million in Freddie Mac financing.
Industry Experts Debate Chicago’s Multifamily Future
Real estate professionals gathered last week to discuss the Windy City’s biggest real estate challenges and opportunities during the Lincoln Park Builders of Chicago’s annual Real Estate Forum.
Income Averaging to Pave the Way for More Affordable Housing
Mixed-income averaging is cited by affordable housing executives as a way to increase affordable housing development in 2019, according to a Capital One survey.
Nonprofit Purchases Affordable Community in Ohio
Bridlewood Village encompasses 70 fully affordable units in the southern area of Columbus. The 1980-built community spreads across 13 buildings.
Vintage School’s New Assignment: Mixed-Income Community
Vacant since 1980, the 122-year-old school building will be transformed by Pittsburgh’s housing agency into 35 residential units.
Affordable Pittsburgh Asset Receives HUD Loan
Maple Ridge, which was acquired by Telesis Corp. this spring, is a 91-unit Class C rental property located in the East Hills submarket.
JV Pays $150M for Brooklyn Senior Housing Community
Located in Bay Ridge, Shore Hill Housing consists of two interconnected 14-story towers totaling 558 units for low-income senior residents.
Affordable Community Changes Hands in Columbus
The sale of Winchester Lakes involved two loans, one in the amount of $17.7 million and other loan of $3.5 million.
Public Housing Authorities Find Power in Solar
Municipal owners are taking advantage of this viable source of sustainability, jobs, savings and revenue.