Affordable Housing

San Luis Obispo Welcomes Green Affordable Housing at The Village at Broad Street

The town of San Luis Obispo recently celebrated the grand opening of a new affordable housing complex known as The Village at Broad Street Family Apartments.

New Affordable/Market Rate Apartments Open in Suburban D.C.

The Galaxy, a new five-story, 195-unit rental apartment building in downtown Silver Spring, Md., has started accepting residents.

First Westchester County Affordable Assisted Living Facility Opens

The Westchester Center for Independent & Assisted Living has opened in Yonkers as the first facility in Westchester County, N.Y., to offer an Medicaid-funded assisted living model of care to seniors, regardless of their income level.

Developer Wins Funding For Remake of N.C. Industrial Properties into Affordable Housing

The Landmark Group has secured funding for the acquisition and adaptive reuse of two historic former mills in downtown Asheboro, N.C.

TODAY'S DEALS: Behringer Harvard Sells 408-Unit Property in Florida

Behringer Harvard completes a 408-unit disposition; and Affirmed Housing breaks ground on the second phase of a California development.

Bridge Housing Buys Site in Marin County for Affordable Multifamily

Bridge Housing Corp., one of California’s largest nonprofit developers and owners of affordable housing, has bought a 3.5-acre site in unincorporated Marin County. The company plans an affordable housing development for the site.

TODAY'S DEALS: Boston Capital Closes Tax Credit Fund

Boston Capital closes a $350 million fund, acquires 53 affordable communities; Holliday Fenoglio Fowler lands a marketing contract in Sacramento.

Study Links Troubled NYC Multifamily Housing and Risk of Deterioration of Nearby Buildings

A new study reveals that over-mortgaged and foreclosed multifamily buildings increase the risk of deterioration of nearby buildings and raise costs to New York City private owners.

New Affordable Community Offers Environmental Benefits

KTGY Group Inc., Architecture + Planning, has announced the opening of a green affordable community called The Crossings on 29th Street in South Los Angeles.

When Affordable Housing Isn't Really Affordable

Families living in affordable housing know their housing costs cannot exceed 30 percent of their incomes. But that affordability can be nullified if the housing is not located in areas with comparatively affordable transportation costs.