Affordable Housing

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.

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.