Affordable Housing
MA Affordable Housing Project Lands $23M
MassHousing arranged the financing through JP Morgan Chase on behalf of Just-A-Start for the renovation and reconstruction of 112 affordable units in Cambridge, Mass.
BPDA Approves 3 Small Boston Communities
The developments are part of a larger set of projects which passed at BPDA’s December meeting. Together, they are expected to bring online 97 units and more than 8,000 square feet of retail space.
Allied Orion Group to Manage Houston Affordable Housing
The community, located in Crosby, Texas, and currently undergoing renovations, contains 86 units and five buildings.
Affordable Housing in the Trump Era: What’s Ahead?
The National Association of Local Housing Finance Agencies remains worried regarding the impact of a lower corporate tax rate. Kevin Morris of Colliers South Florida discusses the administration’s policies and what to expect in 2018.
Dominium Breaks Ground on MN Senior Housing
Located in a suburb of St. Paul, Legends of Woodbury is a 216-unit affordable community that will feature a pair of apartment buildings with a central, two-story clubhouse.
Affordable MD Townhomes Undergoing $14M Rehab
Seventy-five of the units in Scotland Community will receive both interior and exterior renovations, with funds provided by the Low Income Housing Tax Credit.
Affordable Housing Opens in Alaska
Funded by low-income housing tax credits from WNC, the 23-unit property in Anchorage was constructed on the site of a former restaurant.
The Number of Insecure Renters to Increase
Will the affordable housing sector hit a roadblock anytime soon? Bank of America Merrill Lynch’s Maria Berry discussed the challenges in the industry and how changes in the tax system will impact the sector.
BPDA Approves 541 New Units Across Boston
The approved development sites include 264 Huntington Ave., 75-85 Liverpool St. and 46 Hichborn St. in Brighton, as well as 256 Dorchester St in South Boston. The estimated investment cost is $486 million.
$9M Affordable Conversion Breaks Ground in FL
The $8.8 million renovation of the Wayne Densch Center located in Orlando will transform 64 units of transitional housing to 77 high-quality apartments.