Affordable Housing
Partners Acquire D.C. Mixed-Use Property for $26M
Urban Investment Partners and Infinity Real Estate have acquired a 114-unit apartment building in Washington, D.C. for $26 million.
LGBT Affordable Seniors Housing is First for Philadelphia
In a landmark decision for Philadelphia, the Pennsylvania Housing Finance Agency voted to provide a reservation of Low Income Housing Tax Credits, which will generate up to $11 million for the first LGBT-friendly affordable senior housing facility in the state.
Ground Breaks for Affordable Housing Property in Columbus
Ground has been broken for Franklin Station, a 100-unit affordable apartment property in Columbus that will serve elderly and special-needs homeless people.
CIS to Redevelop Distressed Apartments into Affordable Units
Community Investment Strategies has partnered with the township of North Brunswick to redevelop the distressed Oak Leaf Village Apartments into 183 new affordable apartment rental units.
Affordable Housing Crisis in Sacramento
In California’s Sacramento County, 54 percent of renters can’t afford to rent a typical two-bedroom apartment.
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.