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
Interra Realty Brokers $4M Sale of 31-Unit Multifamily Property on Drexel Boulevard in Chicago’s...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 31-unit apartment building at 4915 S. Drexel...
Evergreen Impact Housing Fund and Inland Group Announce Opening of Affordable Housing Apartments Copper...
The Evergreen Impact Housing Fund (EIHF) is pleased to announce the opening of its third project, Copper Way in Spanaway, Washington. The development brings...
HUD Announces New Actions to Improve its Handbook for the Management of Multifamily Affordable...
The U.S. Department of Housing and Urban Development (HUD) announced the start of its process to update the Multifamily Asset Management and Project Servicing...
Where can market rate substitute for affordable housing?
Yardi Matrix recently announced focused coverage of the affordable housing market. As part of that coverage, they released a study showing wide variation in...
LA Metro Teams with Trammell Crow for District NoHo Residential Project
The Los Angeles County Metropolitan Transportation Authority (LA Metro) has formed a joint development agreement with NOHO Development Associates LLC, an affiliate of Trammell...
Lincoln Avenue Communities with Headen Spring Development Partner to Create New Affordable Housing Community...
Lincoln Avenue Communities, a mission-driven developer and owner of affordable housing, and Headen Spring Development, LLC, a partnership between Refreshing Spring Church of God...
Marcus & Millichap Brokers 248-Unit Affordable Housing Asset Sale for Rush Creek in Dallas-Fort...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rush...
Cushman & Wakefield Advises Sale of Prime 2.58-Acre Site Planned for 289-Unit Affordable Housing...
Cushman & Wakefield announced the firm has brokered the sale of a ±2.58-acre undeveloped site at 41st Avenue and Soquel Drive in Soquel, California....
Greenlight Communities Closes on New Affordable Rental Community Cabana Kyrene Underway in Tempe
Greenlight Communities, the Scottsdale-based developer dedicated exclusively to building attainable and affordable rental housing without relying on government subsidies, is proud to announce the...
Pennrose Celebrates Grand Opening of Thatcher Flats Phase I & Begins Construction on Phase...
Pennrose, Walnut Hills Redevelopment Foundation (WHRF), and project partners gathered to celebrate significant progress on Thatcher Flats, the $27 million Lincoln & Gilbert redevelopment...
Pratum Companies Announces Expanded Partnership with DHIC for Three Affordable Communities in The Triangle
Pratum Companies (Pratum), a national, integrated real estate firm, is excited to announce its expanded partnership with DHIC, a leading nonprofit affordable housing developer...
Capstone Brokers $2.325M Sale of ±10.23-Acre Multifamily Development Site Tannery Mills in Winston-Salem
Capstone Companies is pleased to announce the successful sale of the Tannery Mills Development Site, a ±10.23-acre property located at 108 State Street in...
Simon C. Fireman Community Cuts the Ribbon on 45 New Affordable Apartments South of...
Harvard Medical School affiliate Hebrew SeniorLife, New England's largest nonprofit provider of senior health care and living communities, celebrated its 45-apartment expansion of the...
Who’s to blame for the affordability crisis?
Who's to blame for the affordability crisis? Jay Parsons, multifamily housing analyst and head of investment strategy and research for Madera Residential,...
Marcus & Millichap Facilitates Sale of 40-Unit Apartment Property The Current in North Dakota
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The...