Affordable Housing
Bay Area Transportation Commission Creates Affordable Housing Fund
Oakland, Calif.–The Oakland-based Metropolitan Transportation Commission has established a new $50 million revolving loan fund for affordable housing developers.
Improved Assets Mean Improved Community: Harlem Multifamily Owner
New York–In light of planning grants through the new Choice Neighborhoods Initiative, private multifamily owners are eager to point out how their own investments in multifamily properties can improve neighborhoods and quality of life.
$98,000 Affordable Housing Grant Paves Way for New Subdivision in Rural Alabama
Calera, Ala.–With a $98,000 grant through BancorpSouth and the Federal Home Loan Bank of Dallas, plans for a 30-residence affordable-housing development are back on track.
Transforming Poverty-Stricken Neighborhoods
Having recently journeyed to Washington, D.C. to meet with members of Congress and the Obama administration, IMS’ Cheryl Lang reports back on the state of federal housing programs.
Historic Property in Maine to Become Affordable Seniors Housing
Lewiston, Maine–After having been vacant for about six years, the historic 81 Ash St. in Lewiston will be converted into an affordable 32-unit multifamily residence for seniors.
New Affordable Seniors Apartments Underway in Suburban L.A.
West Covina, Calif.–Work has begun on 65 new residences at West Covina Senior Villas II, an affordable senior housing project east of Los Angeles.
Federal Home Loan Bank Awards $5.1 Million for Affordable Housing in Virginia
Atlanta–Federal Home Loan Bank of Atlanta will award $5.1 million to assist in the funding of 12 affordable housing developments in Virginia.
Affordable Housing Project Springs Up in Affluent L.A. Suburb
Neighbors were not initially receptive to Mirandela, a 34-residence affordable seniors housing apartment property, but the finished product has brought nothing but accolades.
Affordable Housing Project Springs Up in Affluent L.A. Suburb
Neighbors were not initially receptive to Mirandela, a 34-residence affordable seniors housing apartment property, but the finished product has brought nothing but accolades.
Seniors Property to Blend Historic L.A. Architecture with Modern Seniors’ Needs
Los Angeles–Parkview Living, a 75-unit affordable seniors apartment, allows the tenants to live with the amenities that modern-day seniors desire.