Affordable Housing
AHP Grant Targeted for El Campo Apartment Renovations
National Church Residences was awarded a $259,000 Affordable Housing Program grant from Wells Fargo and the Federal Home Loan Bank of Dallas to renovate the Prairie Village Apartments, a 38-unit community serving low-income seniors in El Campo, Texas.
Greater Newark Housing Partnership to Create New Affordable Units
Two dozen new affordable and supportive apartments are coming to Newark’s Fairmount Heights neighborhood.
WNC Provides $6.06M in LIHTC to Fund Redevelopment Project
WNC has announced the completion of redevelopment efforts at the 112-unit Village Green Senior Apartments in Decatur, Ind.
LDG Development Breaks Ground on 433-Unit Affordable Housing Community in Austin
LDG Development has broken ground on The Pointe at Ben White and The Villages at Ben White, a 433-unit neighborhood with garden-style apartment homes in Austin, Texas, designed for working families and those 55 and older earning 60 percent of Austin’s area media income.
Tech-Oriented Affordable Seniors Property Opens in Queens
Selfhelp K-VII, a 92-unit affordable seniors housing property at 137-39 45th Ave. in the Flushing neighborhood of Queens, has opened.
Abode Communities’ Riverwalk at Reseda in LA Opens
Riverwalk at Reseda, an affordable housing property next to the Los Angeles River and Reseda Park, has opened.
Enterprise Homes Opens Seniors Housing Near Baltimore
Work has been completed on the Greens at Logan Field, an affordable seniors housing project in Baltimore County.
Meta Housing, Western Community Housing Finish San Clemente Seniors Apartments
Cotton’s Point Senior Apartments, an affordable seniors housing property in San Clemente, has been completed. The 76-unit project was a joint development by Meta Housing Corp. and Western Community Housing.
The Judges Speak: Robert Landis, Raymond James Tax Credit Funds
Robert Landis, SVP & director of asset management, Raymond James Tax Credit Funds, gives a rundown on his takeaways from the 2014 MHN Excellence Awards submissions. The affordable sector has elevated its design to the point where it is hard to differentiate between affordable and market rate without looking at rental terms. Also, Landis speaks on the maturing multifamily market and a changing perception of what apartments mean for a neighborhood.
Meta Housing Corp. Completes $32.4M Seniors Housing Community in San Clemente
Meta Housing Corp. has completed Cotton’s Point Senior Apartments, a $32.4 million affordable housing community for seniors aged 62+ in the seaside community of San Clemente, Calif.