Property Types
Rezoning the Key at Marque at Heritage Hunt
Gainesville, Va.–For a seniors housing property, rezoning was the key to clearing the credit crunch hurdle.
How to Design Affordable Small-Lot Housing in Urban Areas
Small-lot infill housing has become more ubiquitous in urban areas such as New York City as developers seek to cash in on trendy older neighborhoods. Architect Carmi Bee describes his development and application of contemporary prototypes for such housing.
Affordable Housing Community in Mississippi Gets Much-Needed $12M Makeover
Meridian, Miss.–The Meridian Housing Authority (MHA) recently held a well-attended ceremony to kick off the rehabilitation of Frank Berry Courts, a 113-unit affordable housing property in Meridian, Miss.
MHN Interview with Michelle Whetten: Enterprise Wants to Help Build 10,000 Units in the Gulf
Washington, D.C.–Michelle Whetten, who heads up Enterprise’s work along the Gulf Coast, talks to MHN about the work they are doing there, the financing challenges in building affordable housing projects and the importance of eradicating blight in many communities in the Gulf.
New Affordable Housing Opens in Anaheim
Anaheim, Calif.–Greenleaf Family Apartments in Anaheim, designed for families who earn between 30 percent to 60 percent of area median income, was completed 60 days ahead of schedule and is opening next week at 100 percent leased.
Work Begins on Girls Club Mixed-Use Residential Project in NYC
New York–The Lower Eastside Girls Club (LESGC) in New York City is going to get a new home–a new 78-unit, mixed-use residential home.
$137M Million Student Housing Completed at U of C Irvine
Irvine, Calif.–Austin-based American Campus Communities Inc., one of the larger owners of student housing nationwide, has completed a housing project at the University of California-Irvine.
Seniors Housing Occupancy Rates and Other Indicators Hold Steady in Third Quarter
Annapolis, Md.–According to the National Investment Center for the Seniors Housing & Care Industry’s third quarter NIC MAP, the occupancy rate, as well as rent growth and new construction activity, did not diverge much from second quarter figures, but that may very well mean that the sector has hit bottom.
Lottery Begins for Affordable-Income Apartments at $220M Project in the Bronx
New York, N.Y.–Joy Construction Corp. has just kicked off the first lottery for St. Ann’s Terrace in the Bronx, making available 380 of the 641 residences.
Lottery Begins for Affordable-Income Apartments at $220M Project in the Bronx
New York, N.Y.–Joy Construction Corp. has just kicked off the first lottery for St. Ann’s Terrace in the Bronx, making available 380 of the 641 residences.