Affordable Housing
Health-Oriented Low Income Community Opens in the Bronx
A 124-unit asset with a hydroponic farm opened yesterday in the Bronx. The Arbor House is part of New York’s New Housing Marketplace Plan, and was developed by Les Bluestone.
Joint Venture Invests in California Seniors Community
The Community Development Trust has recently partnered with Thomas Safran Associates to invest in a 200-unit seniors community in Santa Ana, Calif.
Dana Strand Senior Apartments Wins NAHB’s Gold Award for Best 50+ Affordable Rental Community
Dana Strand Senior Apartments has recently won NAHB’s Best of 50+ Housing Awards—Gold Award for Best 50+ Affordable Rental Community.
Ground Broken for Suburban LA Affordable Housing
Affirmed Housing Group has broken ground on Arbor Green Apartments, an affordable housing development. The property will include 40 units comprised of one-, two- and three-bedroom units, each with its own storage locker.
Affordable Housing Redevelopment Opens in Orlando
A grand opening ceremony was held in late January to unveil Emerald Villas, formerly known as Seville Place, the first affordable housing redevelopment project to be introduced in the past decade within Orlando’s Pine Hill neighborhood.
Affirmed Housing Developing 40-Unit Affordable Housing Community
Affirmed Housing is developing Arbor Green Apartments, a planned three-story, 40-unit affordable housing community in Carson, Calif.
KTGY Designs Award-Winning $10M Seniors Community
Heritage Oaks Senior Apartments, a seniors community in Oakdale, Calif., has recently opened. The $10 million community is environmentally friendly and has earned LEED Platinum certification.
TODAY’S DEALS: ARA Sells 180-Unit Asset in Texas
An Oregon-based buyer acquires a Texas asset; Marcus & Millichap sells a N.J. HUD community for $16.1 million; and Gebroe-Hammer completes four sales in Southern New Jersey/Philadelphia.
MHN Interview: How $1B Will Affect Affordable Housing in New York State
New York Governor Andrew Cuomo recently committed $1 billion to the House New York program. MHN speaks to Donald Capoccia, president, New York State Association for Affordable Housing, about what this government investment will mean for the future of affordable housing in New York.