Affordable Housing
R.D. Olson Construction Completes Affordable Project in CA
In addition to the 37-unit Citrine Apartments, the company also finished building Hotel Trio, a 122-key property that is located adjacent to the community.
Habitat for Humanity NYC Opens For-Sale Units
Two years after breaking ground, the non-profit and its partners welcomed 15 low-income families into their new homes at Dean Street Residences in Brooklyn.
New Tax Incentives for Workforce Housing
A veteran tax consultant explains how the newly created Qualified Opportunity Zones offer incentives to provide workforce housing in economically distressed areas.
Keybank Finances NJ Affordable Housing Projects
Omni New York secured a first-of-its-kind loan to acquire and rehabilitate Garden Spires and Spruce Spires apartments in Newark.
Tackling Homelessness in Denver
In an exclusive video interview, Vitus Development Director Scott Langan discusses the firm’s first Colorado acquisition: a low-income and homeless housing property that the affordable housing developer will renovate.
FCP Sells Affordable Communities in DC Area for $56M
The properties are part of the larger St. Charles portfolio that the company purchased in 2009 and is selling in stages.
Greystar, Ivanhoé Cambridge Open CA Mixed-Use Community
Avila, located in Old Pasadena, includes 201 units, 30 of which are designated as affordable. The property offers residents access to a dog park and a heated pool and spa.
Marcus & Millichap Closes Chicago Multifamily Deal
The value-add affordable property located in the South Austin neighborhood includes ground-floor retail and is close to Interstate 290 and Loretto Hospital.
KeyBank Originates $31M for Affordable Seattle Properties
Both properties are located in the Atlantic neighborhood of Seattle and will provide a total of 126 affordable housing units.
Community Builders Secures $10M for Affordable Boston Development
TD Bank arranged the financing for The Clarion, and its Community Capital Group has also invested $9.2 million of equity in the project. Construction is scheduled for completion by 2019.