Affordable Housing
Somerset and NHT/Enterprise Form JV to Purchase and Redevelop DC Affordable Housing Community
Somerset Development Company and the National Housing Trust-Enterprise Preservation Corporation have entered into a joint venture for the purchase of the 223-unit Channel Square Apartments located at 325 P Street SW in Washington, D.C.
AMCAL Constructing $43M Affordable Community for Irvine Community Land Trust
Groundbreaking has taken place for Alegre, a 104-unit affordable housing project for families in Irvine, Calif.
Enterprise Introduces New Fund for Affordable Housing Investment
Enterprise Community Investment has revealed its new fund, the Enterprise Housing Partners 24 Fund, which aims to streamline the investment process of developing affordable housing nationwide.
Contractor Tapped for Twin Cities Affordable Housing
Project for Pride in Living has selected Anderson Cos. to build the nonprofit’s of Hamline Station Apartments in St. Paul, Minn.
Greysteel’s Multifamily Division Retained as Exclusive Adviser and Agent for Sale of Townsend Square
The Greysteel Company’s Mid-Atlantic multifamily investment sales division has been tapped as the exclusive adviser and agent in handling the sale of the Fredericksburg, Va., property, Townsend Square.
Housing Trust Group Completes a $13M 63-Unit Affordable Community
Housing Trust Group has completed construction of Pine Run Villas, a $13 million, 63-unit affordable housing townhome-style family rental development located at 4728 Big Ben Lane in Lake Worth.
Renters Face Affordable Housing Crisis, Harvard Housing Study Reports
Renters are spending more of their monthly incomes on housing than ever before.
MHN Interview: An Affordable Makeover in Hawaii
MHN talks to Stacie Brach, who manages the Western States affordable portfolio in Honolulu for The Michaels Organization, about the logistics such a significant effort entailed and how her “residents first” approach helped.
New Boston Fund and Asian Community Development Corp. Kick Off Construction on 362-Unit Mixed-Income Community
New Boston Fund Inc. and the Asian Community Development Corporation have announced the closing of financing and the beginning of construction on the mixed-income community One Greenway, located on Hudson Street in Boston’s Chinatown neighborhood.
Pennrose Developing Seniors Apartments in Connecticut
Pennrose is developing The Jefferson, an affordable seniors apartment community located in New Britain, Conn., that is being built in conjunction with the New Britain Housing Authority.