Affordable Housing
Hawaiian Affordable Community Wins National Award
Vitus Group, an affordable housing developer, has announced that their affordable housing community Banyan Street Manor has received an honorable mention in the Public Housing category of the Charles L. Edson Tax Credit Excellence Awards.
TODAY'S DEALS: KBS Lands a Chicagoland Community
KBS Legacy Partners acquires a 256-unit asset in Lombard, Ill.; and R4 Capital Closes the first $80 million of a $100 million LIHTC fund.
PROFILE: Kenneth Young Center
The Kenneth Young Center could be a typical non-profit services company that developers so often rely on to handle the social services aspects of their affordable housing developments.
GHC Housing Partners Closes on Virginia Affordable Property
Sherman Oaks, Calif.-based GHC Housing Partners has closed on Essex Village, a 496-unit family and seniors property in Richmond, Va.
Work Begins on Housing for the Disabled in Orange County
Ground has been broken for Vista Del Rio, a 41-unit affordable housing property in Santa Ana, Calif., a city in Orange County.
Two Georgia Seniors Communities Earn Green Certification
NorSouth Development, an Atlanta-based real estate company that focuses on environmentally sound seniors communities, has recently received EarthCraft Multifamily certification for two of its affordable communities.
Haunted L.A. Hospital to Get New Life as Affordable Housing
In a deal that might be called spook-tacular, a nearly 90-year-old one-time hospital, which some believe is haunted, will be converted into an affordable rental community for seniors.
Maryland Affordable Housing Completes Redevelopment
The redevelopment of the 100-unit Harper House in Columbia, Md., has been completed, according to Enterprise Home, which held a grand re-opening ceremony recently to mark the occasion.
Green Affordable Apartments Open Fully Leased in South Florida
The Pinnacle at Avery Glen, an affordable apartment property in the Broward County town of Sunrise, has opened completely occupied.
Affordable Seniors Housing Opens in Riverside
Vintage at Snowberry Apartment Homes, an affordable seniors housing project, has opened fully leased.