Affordable Housing
Carrfour Supportive Housing Develops $12M Miami Affordable Housing Community
Carrfour Supportive Housing has joined up with Tacolcy Economic Development Corporation and the Florida Housing Finance Corporation to develop a $12 million affordable community called Parkview Gardens in Miami.
Vitus Group Plans Renovation on Six Affordable Communities
Vitus Group, an affordable housing development company, announced that it plans to renovate six apartment communities across four counties in Washington.
Ground Broken on New Workforce Housing in Brea, Calif.
Construction is underway on Birch Hills Apartment Homes, the newest workforce housing community to come to Brea, Calif.
Fort Worth Housing Authority to Develop 18 Affordable Housing Units
The Fort Worth Housing Authority is restoring a historic building located east of downtown Fort Worth and combining it with new construction to create 18 affordable housing units to be called the Knights of Pythias Lofts.
Funding in Place for Massachusetts Affordable Property
Funding is falling into place for Tri-Town Landing, Phase II, a 33-unit affordable development in Lunenburg.
TODAY’S DEALS: Distressed Miami Property to See New Life with $20M Redevelopment
A $20 million affordable redevelopment breaks ground in Miami; Bridge Partners buys a 352-unit asset; and Mesa West Capital provides $21 million in acquisition financing.
Mercy Housing Northwest Develops a 52-Unit Affordable Housing Community in Seattle
Mercy Housing Northwest has developed affordable housing in Seattle for the first time with the Columbia City Station Apartments, a 52-unit transit-oriented development.
Concern for Independent Living Opens 90-Unit Mixed-Use Supportive Housing Project in Brooklyn
Concern for Independent Living, a nonprofit provider of supportive housing, has opened The Concern Heights Apartments in the Crown Heights section of Brooklyn, N.Y.
Boston Capital Invests in 70-unit Affordable Multifamily Development
Boston Capital is investing in the construction of Cheriton Heights Apartments, a 70-unit multifamily development for seniors in Boston’s West Roxbury neighborhood.
AHC Partners with City of Alexandria on New Affordable Housing Project
The City of Alexandria approved $250,000 in pre-development funds to move forward with AHC on building a 77-unit affordable apartment complex at the intersection of East Reed Avenue and Jefferson Davis Highway (Route 1).