Affordable Housing
MHN Interview: Related Affordable on Preserving Affordable Housing
MHN talks to Matthew Finkle, president, Related Affordable, about his new position and his strategy for acquiring and preserving new affordable housing properties.
Join a Live Facebook Chat with Affordable Housing Expert Donald Capoccia on March 8
Donald Capoccia, president of the New York State Association for Affordable Housing will be on the Multi-Housing News Facebook page on Friday, March 8th from 11:30 a.m. to 12:30 p.m. EST to answer all of your questions.
TODAY’S DEALS: TGM Associates Buys 712-Units in Chicago Suburb
TGM Associates buys a 712-unit asset from RREEF; Oak Grove Capital originates five loans in two weeks; and a Southern California LIHTC property sells for $23.4 million.
Loan Secured for Supportive Housing Rehab in NY’s Dutchess County
The renovation of 116 units of supportive housing at Hudson River Lodging has been made possible through a $2.4 million permanent loan.
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.