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
EAH Housing Announces Construction Underway on Greenfield Commons
EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in the western United States, announced construction is underway...
43-Unit Affordable Senior Housing Leyland Community Opens In Boston’s Dorchester Neighborhood
Hebrew SeniorLife, along with partner Dorchester Bay Economic Development Corporation, celebrated the opening of its newest community, Leyland Community, with a ribbon-cutting celebration at...
The Michaels Organization, Spandrel Development, and One80 Place to Transform Vacant Property at 573...
The Michaels Organization, working in partnership with One80 Place and Spandrel Development Partners, is set to transform a vacant lot in downtown Charleston into...
Gortikov Capital Acquires Samo Collection Portfolio of 399 Affordable Housing Units in Santa Monica...
Gortikov Capital, a leading firm specializing in multifamily and commercial real estate investment, management, and advisory, announced that it has acquired, Samo Collection, a...
West Palm Beach Developer Duo Proposing Affordable Apartment Project at Broadway and 27th Street
A partnership between Procida Development Group and Tre Bel Housing Development Group has offered West Palm Beach a sum of $500,000 for a 3/4-acre...
MidPen Completes Bay Area Affordable Housing Community Fair Haven Commons
MidPen Housing has officially opened Fair Haven Commons, a 72-unit affordable community in Fairfield, California. This property marks MidPen’s third development in the city. The...
NYC Housing Partnership to Honor Ebenezer Plaza Owners with the Innovation Award at 41st...
Jamie Smarr, President and CEO of the NYC Housing Partnership and Adolfo Carrion, Commissioner of the New York City Department of Housing Preservation and...
Azora and Advenir Strike $3B Partnership to Invest in Rental Units
Azora and Advenir are teaming up in a $3 billion collaboration, called Advenir Azora to invest in rental units. The two management firms will pour...
Lincoln Avenue Communities Hosts Block Party at Santa Clara II Apartments in Miami
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, hosted a block party at Santa Clara II Apartments yesterday with residents...
Turner Impact Capital Targets $750M Equity with Third Multifamily Fund to Acquire or Develop...
Turner Impact Capital has launched its third multifamily housing fund to address the country’s housing affordability crisis. Turner Multifamily Impact Fund III (TMIF III)...
Housing Trust Group Begins Construction of $58M Affordable Courtside Apartments II in Miami
Housing Trust Group (HTG), a leading multifamily developer, alongside AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat legend...
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...
