Affordable Housing
BC Invests in 120-Unit Community
Thanks to tax credit equity from the Low Income Housing Tax Credit program, Boston Capital has invested in the Bradford Mews Apartments, a 120-unit development for families in Smithfield, Va.
Suburban N.Y. Affordable Apartments Completed
Spring Valley Family Apartments, a mixed-use development featuring 55 units of affordable housing and 6,500 square feet of ground floor commercial space in downtown Spring Valley, has been completed.
NorSouth Constructs’ Project of the Year is Green Community for Seniors
NorSouth Constructs has announced the opening of Oliver House, the second phase of a $30 million redevelopment of Allen Wilson Terrace Public Housing by the Decatur Housing Authority.
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.