Affordable Housing
Clifford Beers Housing and PATH Ventures Announce New North Hollywood Seniors Community
The 49-unit NoHo Senior Villas in the NoHo Arts District of North Hollywood has opened for residents. The property accommodates low-income seniors, including 30 who were previously homeless and living with mental illness.
The Community Development Trust and Southport Financial Services Acquire Affordable Seniors Community
The Community Development Trust and Southport Financial Services have announced a joint venture to purchase an affordable seniors community called Steinbeck Commons in Salinas, Calif.
Affordable Seniors Housing Opens in Heber City, Utah
The grand opening of Prestige Senior Living Center, a 23-unit affordable senior housing community in Heber City, Utah, took place earlier this month.
CRE Organizations NYSAFAH and AAREPNY Form Partnership
The New York State Association for Affordable Housing and the African American Real Estate Professionals of New York have inked a one-year formal partnership.
‘Wow’ the Word for N.J. Program Saluting Veterans’ Service
Villas at Piscataway, a Piscataway, N.J., mixed-use development, has unveiled a unique initiative to make its luxury apartments affordable for military veterans.
Pennrose Properties and dmhFund Team for First Philadelphia LGBT-Friendly Seniors Community
Pennrose Properties and The Dr. Magnus Hirschfeld Fund have begun construction on William Way, the first urban LGBT-friendly affordable senior housing development, in Philadelphia’s “Gayborhood” section.
Jersey Shore Apartments Open on Schedule
Walters Group has opened the first eight-unit building of Whispering Hills Apartments, an affordable rental property in Barnegat, N.J.
Tricorp Hearn Celebrates Completion and Grand Opening of Foothill Farms Senior Apartments
Tricorp Hearn Construction recently celebrated the completion of Foothill Farms Senior Apartments, a $26 million, 138-unit affordable housing facility.
Springboard and MMI Team Up for $25M Housing Initiative
Springboard Nonprofit Consumer Credit Management Inc. has partnered with Money Management International to establish a $25 million dollar initiative designed to address the affordable housing crisis in the United States.
New National Competition Launches to Reduce Affordable Housing Costs Through Innovation
To recognize and support the creation of innovative affordable housing developments that address the issue of lowering cost, Deutsche Bank and Enterprise Community Partners Inc. (Enterprise) are launching the Lowering the Cost of Housing Competition that will award up to $250,000 in Program Related Investment (PRI) to the winning proposal.