Affordable Housing

Wartburg Puts Financing in Place for Affordable Seniors Housing

Wartburg Adult Care Community has completed the financing for Friedrichs Residence, a four-story building with 61 affordable senior apartments on a 34-acre site in Mt. Vernon, N.Y.

South Bend to Welcome New Senior Housing Development

Ground was recently broken on a new affordable housing community in the northern Indiana city of South Bend.

Affordable Seniors Housing Benefits from Unique Financing Transaction

A unique financing agreement recently allowed for the redevelopment of an affordable seniors housing community in San Francisco.

Senior Housing Developer Returns Funds to City

In an unusual event in multifamily development, AMCAL Multi-Housing Inc. recently returned about $519,450 to the city of Rancho Palos Verdes, Calif., after the completion of its Mirandela Senior Housing project.

NHYC, NHC Honor Affordable Housing Leaders at Annual Symposium

National and local affordable housing leaders were recognized for their incredible commitment to affordable housing and for their support of economic growth, job creation and recovery.

Affordable Development Brings Jobs to Central Maryland Town

An investment by Boston Capital is helping make possible the development of Marley Meadows, a new 36-unit affordable multifamily community in the central Maryland town of Glen Burnie.

Affordable Housing Drawing Yields 28 Sold Units in One Day

Atlanta BeltLine had its first drawing for its 28 affordable homes at the Lofts at Reynoldstown Crossing in Atlanta. All units were sold in one day.

SPECIAL REPORT: Conference Discusses Multi-Housing Environment Without Fannie and Freddie

What would a multifamily world without Fannie and Freddie look like? Speakers at a panel preceding the New York Housing Conference and National Housing Conference’s 38th Annual Awards Programs contemplated the possibilities and made the case for continued government involvement in multifamily financing.

Georgia City Sees its First Affordable Seniors Community

The city of Johns Creek, Ga., will soon have its first affordable seniors living community. NorSouth Development Company has broken ground on HearthSide Johns Creek.

Summit Housing Snaps Up, Revamps Katrina-Damaged Property in New Orleans

Six years after Hurricane Katrina devastated New Orleans, progress has been made in replenishing the city’s affordable housing stock. Summit Housing Partners has certainly been doing its part to move the effort forward.