Affordable housing is housing which is deemed affordable to those with a median household income as rated by the national government or a local government by a recognized housing affordability index.
Tag: affordable housing
NewPoint Closes $82M Fannie Mae Loan for Acquisition of Southern California Affordable Housing Community...
NewPoint Real Estate Capital (“NewPoint”) announced the closing of an $82 million Fannie Mae loan to facilitate the acquisition of Park Vista Apartment Homes,...
Lexington Planning Commission Approves Delaware Avenue Mixed-Use Development The Railyard
The Lexington Planning Commission unanimously approved the development plan for The Railyard, a $6 million mixed-use infill project. This initiative aims to revitalize a...
Avanti Residential Expands into Affordable Housing with Launch of New Affiliate Focused on Low...
Avanti Residential, a nationally recognized multifamily investor and operator, proudly announces the formation of its new affiliate, Avanti Residential Housing. This strategic expansion positions...
Work Gets Underway on 96 Unit Affordable Housing Project Rose Hill Courts in the...
Work has begun on phase II of Rose Hill Courts, a 96-unit affordable housing project in Los Angeles. The third phase is being built...
Wood Partners Breaks Ground on Alta Nashoba Valley in Bolton Massachusetts
National multifamily developer Wood Partners announced today the groundbreaking of its latest community, Alta Nashoba Valley, in Bolton, Massachusetts, a suburb outside of Boston....
Miami-Dade County Commission Approves $3B Little River District Project Led by SG Holdings Paving...
The Miami-Dade County Commission has granted final approval for SG Holdings Little River District, a transformative $3 billion, mixed-use development that will redefine the urban...
Lincoln Avenue Communities Hosts Grand Reopening Ceremony at Historic Tivoli Place in New Orleans
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, hosted a grand reopening ceremony Thursday at Tivoli Place Apartments, marking the...
Mission Rock Residential Selected to Manage The Meadowmark Senior Housing Community in Castle Rock
Mission Rock Residential, a nationally recognized property management company, has been selected by Ulysses Development Group to manage The Meadowmark, a newly built affordable...
MassHousing Has Closed on $10.6M in Affordable Housing Financing for the Transit-Oriented Development of...
MassHousing has closed on $10.6 million in affordable housing financing to Arx Urban and Boston Communities for the construction of 62 mixed-income, transit-oriented apartment...
The Vistria Group’s Real Estate Debut Exceeds $2.5B AUM in Two Years
The Vistria Group, LP ("Vistria"), a private investment firm that seeks to deliver both superior financial returns and meaningful impact, announced that its real...
JLL Arranges the Loan for a Multifamily Property North Park Nest in San Diego...
JLL Capital Markets announced that it has secured a $10.1 million bridge financing for North Park Nest, a 39-unit multifamily property in San Diego,...
Wells Fargo Provides $163M Construction Financing on Bay Area Affordable Housing Complex Midway Village
Wells Fargo has provided a total of $162.9 million in financing for Midway Village Phase 2, the new construction of the second phase of...
Affiliated Development Secures $80M Construction Loan for The Era Workforce Housing Development in Fort...
South Florida-based Affiliated Development has closed on $80 million in financing and started construction on the firm’s newest multifamily development project in Fort Lauderdale,...
Marcus & Millichap Brokers Sale of 143-Unit Multifamily Property Village at Catawba Ridge in...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The...
ARK Homes for Rent Announces Construction is Completed at Build-to-Rent Community Walker Point in...
ARK Homes For Rent™, a leading Single-Family Rental (SFR) and Built-to-Rent (BTR) home operator, announces and celebrates with a ribbon cutting the completion of...