Affordable Housing
Centerline Capital Group Expands Affordable Housing Debt Team
New York–Centerline Capital Group’s Philip Melton discusses with MHN the company’s thinking behind expanding its affordable housing debt products division.
Dominium Plans $80M Rescue of “Endangered” Minneapolis Property
Minneapolis–Dominium plans an $80 million transformation of its adaptive-reuse project in Minneapolis into a 240-unit affordable housing complex.
Ceres Series Highlights California City’s Workforce Housing
Fontana, Calif.–This spring’s opening of Ceres Way marked the sixth affordable housing project developed by Jamboree Housing Corporation for the city of Fontana, Calif.
Elwazir Named Ginkgo Residential Acquisitions Director
Charlotte, N.C.–Ginkgo Residential has added Nazar Elwazir as director of acquisitions.
Novogradac Study Calls LIHTC Program a Success
San Francisco–According to a study on LIHTCs, the program has been quite successful by all applicable performance measures.
RealPage OneSite Budgeting Streamlines Process for HUD Properties
Carrollton, Texas–RealPage, Inc. has introduced OneSite Budgeting for HUD properties, the latest tool for affordable housing, which streamlines yearly budgeting and form submission for HUD housing assets.
Solar Power System Completed at San Diego Affordable Housing Property
San Diego–Community HousingWorks and HelioPower have completed a Multifamily Affordable Solar Housing project at Las Serenas, an affordable housing property in San Diego.
Affordable Housing Property in Iowa Turns Green via $10.6M Rehab
Ames, Iowa–Eastwood of Ames, a 60-unit affordable housing community, has emerged from a $10.6 million renovation converting the 41-year-old building into a sustainable property.
Armstrong Place Rental and For-Sale Residences Completed
San Francisco–Armstrong Place, an affordable housing development in San Francisco, includes a rental community for seniors as well as below-market-rate homeownership options for first-time homebuyers.
Work Commences on Groundbreaking Green Affordable Housing Project in Brooklyn
Brooklyn, N.Y.–Ground has broken on the first of a three-phase affordable housing project that will have the largest residential solar energy system in the state of New York.