Affordable Housing
Construction Begins on Seniors Housing in Brooklyn
Developer CPC Resources Inc. has joined forces with Ground Community HDFC, East Brooklyn Congregations, Common St. Paul Community Baptist Church, the U.S. Department of Housing and Urban Development and the New York State Homes and Community Renewal on construction of Redwood Senior Living in the East New York section of Brooklyn.
Energy-Oriented Financing Complete for D.C. Apartments
Urban Energy Advisors has completed Property Assessed Clean Energy (PACE) financing for a 139-unit affordable apartment property in Washington, D.C., totaling $340,000.
Boston’s Parcel 24 Development to be Called One Greenway
The joint venture development to be sited on Parcel 24 in Boston has been named One Greenway. The New Boston Fund Inc. and the Asian Community Development Corporation (ACDC) made the announcement.
Mixed-Income Apartments Open in Boston
The first phase of Charlesview Residences, a 340-unit development in Boston’s Allston-Brighton neighborhood, has opened.
Connecticut’s Augustana Homes Preserved as Affordable
Augustana Homes, a 186-unit affordable senior apartment community in Bridgeport, Ct., will receive $4 million in improvements and renovations, and will be preserved as affordable for an additional 30 years.
HIT Project: Older Boston Rental Property To Gain Rehab
Preserving affordability and providing energy-saving retrofits are two goals of a project planned for Boston’s Georgetowne Homes One and Two.
WNC and The Landmark Group Complete $11.6M Affordable Community
WNC, in partnership with The Landmark Group of Companies, announced it has completed the redevelopment an $11.6 million affordable community called Asheboro Mill Lofts in Asheboro, N.C.
JV Opens Brand New Elegant and Affordable Housing for Low-Income Seniors
An affordable housing community for low-income seniors at the brand new Canby Woods, 7238 Canby Avenue, Reseda, has broken ground.
L.A. Hospital Redeveloped into Affordable Seniors Housing
The first phase of Linda Vista Senior Apartments, which is part of the redevelopment of a former hospital in Los Angeles, has opened.
Ribbon is Cut at Mississippi Affordable Housing Community
McIntosh Homes, an affordable housing community for seniors in the Greene County, Miss., town of Leakesville, was given its grand opening ceremony this week.