Affordable Housing
Envisioning One Affordable Housing Program
I have a vision for affordable housing that one day our country will have a single affordable housing program: one program, one set of rules, one agency monitoring the program itself. A tremendous amount of work must take place before this vision would become a reality, but we are a step closer to addressing many of the issues that stand in its way.
Raymond James Tax Credit Funds Opens New California Office
Raymond James Tax Credit Funds, a national syndicator of affordable housing, has opened an office in Manhattan Beach, part of the Los Angeles area, which will be headed by RJTCF executive Kevin Kilbane.
ARA Opens Washington, D.C. Office
Washington, D.C.— Atlanta-headquartered ARA recently opened its Washington, D.C. office under the leadership of Drew White and Michael Marshall, both former Cushman & Wakefield executive directors. Former Bozzuto executive Ryan Ogden is also joining the team. With more than 18 years of multi-housing investment sales experience, White has sold in excess of 250 properties throughout the Mid-Atlantic and Southeast regions of the U.S. for clients ranging from large institutions to individual owners. White was responsible for opening Cushman’s Washington, D.C. office in 2002 and quickly established himself as the East Coast’s top apartment broker. Marshall brings more than 24 years…
San Diego’s Riverwalk Apartments: A Creek Runs through It
Affirmed Housing Group has helped turn a dilapidated area along a trash-strewn creek bed in San Diego into the new 50-unit, affordable Riverwalk Apartments community.
Riechman to Head Centerline’s Affordable Housing Group
New York–Michael Riechman will join Centerline Capital Group on September 6 as the firm’s new head of Affordable Housing Equity.
Rhodes to Lead NEF Affordable Housing Investments
Chicago–Rachel Rhodes has been selected to lead its National Equity Fund, Inc.’s Midwest affordable housing investments as its new regional vice president.
Sustainability Is Built in a Project’s Early Stages
For affordable housing, balancing the expense and effectiveness of sustainable options means working closely with consultants early on.
Affordable Housing Tool Recognized
Boca Raton, Fla.–GoSection8.com, a rental listing service for Section 8 landlords, tenants and public housing authoritie, was recently recognized for its affordable housing portal and new deconcentration tools.
Elwazir Named Ginkgo Residential Acquisitions Director
Charlotte, N.C.–Ginkgo Residential has added Nazar Elwazir as director of acquisitions.
RealPage OneSite Budgeting Streamlines Process for HUD Properties
Carrollton, Texas–RealPage, Inc. has introduced OneSite Budgeting for HUD properties, the latest tool for affordable housing, which streamlines yearly budgeting and form submission for HUD housing assets.