Affordable Housing

Magnusson Transforms Parking Lots into Affordable Housing

Magnusson Architecture and Planning (MAP) commenced on the construction of Soundview Family Housing last week in the Soundview neighborhood of Bronx, N.Y.

Ground Broken on Affordable Family Housing in The Bronx

Ground has been broken on Soundview Family Housing, immediately adjacent to Soundview Park in the Bronx. The eight-story building will house 120 low-income families, and is the first in a multi-phase development.

New N.Y. Affordable Housing Finance Initiative Kicks Off in Poughkeepsie

The first loan through a new initiative to preserve affordable multifamily housing has closed for a property in Poughkeepsie, N.Y.

Multiple Partners Unveil HANAC-PCA Senior Residence in Queens

Multiple federal and state government agencies, along with members of non-profit organizations, politicians and residents celebrated the grand opening of HANAC-PCA Senior Residences Friday in the Astoria section of Queens, N.Y.

Heidi Burkhart to Receive Affordable Housing Finance Young Leader Award

Heidi Burkhart of Dane Professional Consulting Group, an affordable housing brokerage based in New York City, will be receiving the Affordable Housing Finance Young Leader Award during the 2013 Affordable Housing Developers’ Summit in Chicago.

GLCF Announces Completion of Silver Star Phase II Supportive Housing Community

Great Lakes Capital Fund, along with other collaborative partners, announced the completion of Silver Star Apartment Homes’ Phase II, which will bring an additional 100 units to the Battle Creek, Mich. housing market.

Boyd Management Inc. Adopts Yardi SaaS Select Platform and Adds Online Procurement and Payment Processing

Yardi announced today that Boyd Management Inc. (BMI), an affordable housing management firm based in South Carolina, has begun the process of upgrading its software and database hosting service to Yardi SaaS Select.

Decatur Housing Authority’s Oliver House Honored

The Atlanta Regional Commission named Oliver House, a new affordable seniors housing community developed by the Decatur Housing Authority, the 2013 Development of Excellence.

Vitus Group Acquires San Diego Affordable Housing Community

The Vitus Group announced that it has acquired Meadowbrook Apartments in San Diego and has plans to perform a $17 million renovation on the affordable housing community.

AMCAL Opens Special-Needs Affordable Housing in OC

AMCAL Multi-Housing has opened Avenida Villas. The property is a 29-unit permanent supportive housing facility developed by AMCAL in partnership with the nonprofit A Community of Friends, and was built specifically for underprivileged families and individuals, as well as persons with mental illness.