Affordable Housing
RED Capital Group Announces New Senior Managing Director of Affordable Housing
Tracey Peters is the new senior managing director of affordable housing for RED Capital.
Seniors Community Funded by WNC LIHTC Equity Opens in Honolulu
Pacific Housing Assistance Corporation recently held a dedication ceremony to officially mark the opening of Senior Residence at Iwilei, an affordable seniors housing building that was partially funded with $24 million in LIHTC equity from Irvine, Calif.-based WNC.
MassDevelopment Helps Chinatown Rental Project with $14.6 Million Affordable Housing Bond
An apartment building that is under construction in Boston’s Chinatown recently received financial help from the Massachusetts Development Finance Agency (MassDevelopment).
WNC Provides Funds for New Affordable Housing Near Seattle
The Villas at Lakewood, a new 240-unit affordable housing community in Marysville, a suburb of Seattle, has opened. WNC provided $9.5 million in low-income housing tax credit equity to fund the development.
Indianapolis Seniors Apartments Receive $2.3M Grant From HUD
HUD has awarded the AHEPA 232 Apartments in Indianapolis a $2.38 million grant under its Assisted Living Conversion Program. The funding will be used to covert 24 of AHEPA 232’s 74 units into service-enriched seniors housing.
Led By Dayton, Ohio Again Tops Trulia’s Ranking of Affordable Housing Markets
Trulia released a report showing that Ohio was home to some of the nation’s most affordable housing markets for the middle class.
Joint Venture Opens Affordable Housing in Harlem
A joint venture has opened Bethany Place, 23 renovated apartment units in Harlem, to go to Sandy-impacted and rent-burdened families.
KGD Architecture’s Arlington Mill Residences Captures Award
Arlington Mill Residences, an affordable housing community in Arlington, Va. has been named “Best Housing Development in Virginia.”
New Affordable Seniors Property Opens in LA County
Affordable Living for the Aging has opened its latest seniors housing development, the Janet L. Witkin Center, which has 17 units at 937 N. Fairfax Ave. in West Hollywood. The project will serve low-income and formerly homeless seniors.
Harlem’s Abandoned P.S. 186 Coming Back to Life as $48.6 Million Mixed-Income, Mixed-Use Building
A development team is breathing new life into the dilapidated Public School 186 building, one of Harlem’s architectural beauties that has been sitting vacant for nearly four decades.