Affordable Housing
Housing Trust Group Closes on Financing of Valencia Grove in Eustis
HTG has closed on the financing of Valencia Grove, a 144-unit affordable housing community in Eustis, Fla,
Nonprofit Developer Maintains Affordable Rents in Cleveland
Mission-driven Community Builders has acquired the Commodore Place Apartments in Cleveland, which will continue to operate as a mixed-income housing community.
Boston Capital Invests in a Community Rehabilitation
Boston Capital is helping to rehabilitate Federalsburg Square, a combination of two existing multifamily communities for families in Denton and Federalsburg, Md.
Walker & Dunlop Closes $17M Loan for Affordable Housing
Affordable multifamily project in Houston gets a Freddie Mac loan through Walker & Dunlop.
NYCHA Opens 49-Unit Supportive Housing in the Bronx
The New York City Housing Authority has opened a mixed-use, mixed-income development.
Winn Development Finishes Second Phase of Malden Mills Redevelopment
The historic Malden Mills manufacturing site has been converted to affordable housing.
Berkadia Closes on Two Multifamily Sales in New Mexico
Two multifamily communities changed hands in New Mexico with Berkadia’s involvement.
HUD Aims to Implement Smoke-Free Public Housing Policies
According to HUD Seretary Julián Castro, the proposed rule could help public housing agencies save $153 million every year.
Boston Chinatown Apartments to Keep Affordable Status
Chauncy House Apartments received $16.4 million in MassHousing Financing.
Avanath, Oak Tree Acquire Brooklyn Apartment Portfolio for $60M
The companies acquired a multifamily portfolio consisting of four rent-stabilized apartment buildings in Brooklyn.