Affordable Housing
Sacramento County Facing Affordable Housing Crisis
According to “Out of Reach 2012,” a National Low Income Housing Coalition report, 54 percent of renters in California’s Sacramento County can’t afford to rent a typical two-bedroom apartment.
N.C. Affordable Seniors Housing Gets $3.75M Construction Loan
Ardsley Commons, an affordable apartment development for seniors in Locust, N.C., has obtained a $3.75 million construction loan.
WNC & Associates Opens Affordable Housing Unit in Claremont
Courier Place Apartment Homes, a 75-unit affordable housing complex for seniors and families, opened in Claremont, Calif., thanks to a partnership between WNC & Associates Inc. and Jamboree Housing Corporation.
Noted Affordable Housing Architect Passes Away
Peter MacKenzie AIA, 50, died March 21, 2012, at Stanford Medical Center, surrounded in the comfort and love of his wife, Nina, and their only child, Paige Josephine, 18.
Construction Completed on Woodside Oaks
Woodside Oaks, a new Miami-based affordable apartment community designed by Forum Architecture & Interior Design Inc., has just completed construction.
New Affordable Housing for California Seniors
AMCAL Multi-Housing recently announced the grand opening of their Montecito Terraces community, an affordable housing development for low-income seniors in the San Fernando Valley.
PROFILE: Carrfour Supportive Housing
There continues to be much need for the type of supportive individual and family housing being developed by Carrfour.
TODAY'S DEALS: Related, Shoma Buy 48 Acres for Mixed-Use Development
The Related Group and Shoma Group buy land for a mixed-use development; Boston Capital closes an affordable seniors housing construction loan; and George Smith Partners clinches a $1.5 million acquisition financing at 90 percent LTC.
TODAY'S DEALS: Dornin Acquires Seniors Housing Community in California
Dornin Investment Group purchases a 122-unit seniors community located in San Marcos, Calif.; AIG Global Investment Group sells a three-property portfolio in New Jersey; and Marcus & Millichap closes the $1.5 million sale of a 16-unit property.
WNC Closes on $100M LIHTC Fund
WNC & Associates, an investor in urban renewal and affordable housing projects, has closed WNC Institutional Tax Credit Fund 35.