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
The Refuge Development Project To Tackle Homeless Crisis in Oakland and Bay Area
The Refuge Apartments, located at 4400 Martin Luther King Jr. Way in Oakland, California, will be a newly built 144-unit affordable housing complex.
The project...
Carter Bank and FHLBank of Atlanta Award More Than $2M to Support Affordable Housing...
Carter Bank (Nasdaq: CARE) and the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced a significant investment of $2.3 million in grant funding,...
Fannie Mae Multifamily Closes 2024 With More than $55B in Volume
Fannie Mae (FNMA/OTCQB) announced that they provided more than $55 billion in financing to support the U.S. multifamily market in 2024.
Fannie Mae provided significant...
Merchants Capital Provides $129.1M for NYCHA PACT Renovation of Bronx-Based Boston Road Plaza, Boston...
Leading financial services provider Merchants Capital announced $129.1 million in financing for the New York City Housing Authority (NYCHA) $419.6 million renovation of Boston...
NAHB Commends President Trump’s Executive Order on Housing
Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kansas, issued the following statement after...
TruAmerica Multifamily Doubles Down on Value-Add and Build-For-Rent, While Launching a New Affordable Housing...
TruAmerica Multifamily, one of the nation’s leading multifamily investment firms, announced an expansion of its flagship team and business lines, along with the significant...
HUD Announces $150M Investment Toward Affordable Housing in Tribal Communities
The U.S. Department of Housing and Urban Development (HUD) announced $150 million in funding for new affordable and innovative housing in Tribal communities through...
Dominium Acquires Land for Sandoval Flats, Plans to Develop 216 Affordable Apartment Homes in...
Dominium, a leading housing owner, developer, and manager announced that it has closed a deal to acquire land for the development of Sandoval Flats,...
Dominium Announces the Acquisition of Land for New Affordable Housing Community Cobia Cove in...
Dominium, a leading national affordable housing owner, developer, and manager, announced the acquisition of land in Holiday, Florida with plans to construct a new...
HUD Delivers Over $60M to Build and Preserve Affordable Housing in Atlanta Housing Authority
The U.S. Department of Housing and Urban Development (HUD) announced the completion of a $60.2 million Rental Assistance Demonstration (RAD) transaction with the Housing...
Freddie Mac Multifamily Issued $56B in 2024 Securities
Freddie Mac (OTCQB: FMCC) issued $56 billion of securities through its multifamily risk transfer platform in 2024, transferring interest rate risk, liquidity risk and...
CP Capital Facilitates the Sale of Hathon Apartments Near Boston
CP Capital, a leading U.S. real estate investment manager specializing in multifamily investments, has announced the sale of Hathon – a 190-unit apartment community...
MassHousing with CCRI Awards $447,671 for the Production and Preservation of Affordable Sober Housing...
MassHousing has awarded $447,671 in grant funding to six nonprofit organizations to help create 12 affordable sober housing units and preserve 31, and to...
Lakeland Capital Surpasses $200M in Total Transactions, Including The Reserve at River Walk in...
Lakeland Capital, a private, multifamily investment company active in select East Coast markets, is pleased to announce it has surpassed $200 million in total...
Merchants Capital Secures $88M in Total Financing for Iowa-based Affordable Housing Community
Leading financial services provider Merchants Capital announced that it secured more than $88 million in financing for Union at Bluffs Run, a new 192-unit...