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
NCV Capital Partners, Lemor Development Group, Mount Hope and CPC close $100 million deal...
NCV Capital Partners (NCV), a real estate advisory and development firm, in partnership with Mount Hope Housing Company (Mount Hope), Lemor Development Group (LDG),...
MassHousing to provide $2.1 million in workforce housing financing for new rental housing community...
MassHousing is providing $2.1 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of 233 Hancock, a 36-unit...
The new housing problem facing low-income renters
There’s a new problem facing low-income individuals seeking affordable housing: Even if they have a housing choice voucher to subsidize rents in the private...
MassHousing closes on $45.7 million in financing for the acquisition and rehabilitation of 201-unit...
MassHousing has closed on $45.7 million in financing to the Jamaica Plain Neighborhood Development Corporation (JPNDC) for the acquisition, preservation and renovation of a...
Community Preservation Corporation approved as Fannie Mae multifamily special affordable lender
Fannie Mae has approved the Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization finance company, as a Multifamily Special Affordable...
Skender completes independent living facility rehabilitation in Oakland
Skender, serving as general contractor, recently completed a 50,000-square-foot full-building rehabilitation of Lake Merritt Apartments, an affordable housing development located at 1417 1st Avenue...
Evergreen Real Estate Group and Chicago Housing Authority celebrate groundbreaking of Oso Apartments in...
Evergreen Real Estate Group, in partnership with the Chicago Housing Authority, today announced the start of construction on Oso Apartments, a 48-unit affordable rental...
Apartments no longer trickling down
As the nation’s builders naturally navigate toward projects that financially pencil, large-scale luxury properties have continued to boom. In fact, 87 percent of the...
Riverside Capital invests in Los Angeles affordable housing
Riverside Capital, a leading provider of capital for high quality affordable housing developments, has invested $17.7 million in 7th and Witmer Apartments, an affordable...
Riverside Capital invests in Downtown Denver affordable housing
Riverside Capital, LLC (“Riverside”) is pleased to announce an equity investment of $12.8 million in the acquisition and rehabilitation of an existing public housing...
R.D. Olson Construction completes Hotel Trio and Citrine Apartments in Sonoma County
R.D. Olson Construction, an award-winning general contracting firm in California, recently marked the completion of a ground-up, two-part construction project in Healdsburg. The project...
HUD awards $99 million to provide affordable housing to people with disabilities
The U.S. Department of Housing and Urban Development (HUD) today awarded $98.5 million to 285 local public housing authorities across the country to provide...
$30.2 million 55-plus affordable housing complex changes hands
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...
Senator Booker takes on housing
Senator Cory Booker of New Jersey, who has been frequently mentioned as a potential 2020 presidential candidate for the Democrats, recently introduced a bill...
The cost of regulation on housing affordability
Some are looking to quick fixes that have been proven to not work, like rent control, while others are getting creative and combining public...
