Tuesday, January 7, 2025

Tag: HUD

U.S. Department of Housing and Urban Development

Babak Sammak

Kidder Mathews Expands Expertise with Three Key Additions to Valuation Advisory Services

Kidder Mathews welcomes appraisal team, Babak Sammak, Michael Thiel, MAI and Tommy Stuebe, specialists in market-rate and affordable multifamily properties, to the firm's Valuation...
The U.S. Supreme Court justices return to the bench the second week of June to issue opinions in argued cases. The court has somewhere around 28 decisions left to release before it begins its summer recess.

Major U.S. Supreme Court decisions coming down the track MAJOR UPDATE

June 28, 2024 Update: The Supreme Court in an unprecedented victory for multifamily and other businesses, has today reversed its 40-year-old decision in Chevron...
Pueblo Springs

BWE Arranges $39.4M HUD 221d)(4) New Construction Loan for Market Rate Multifamily Property Pueblo...

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $39,488,600 HUD 221(d)(4) loan to finance the development of...
Trinity Court

HUD Closes $14.8M Transaction to Build New Affordable Rental Homes at Trinity Court in...

The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing Programs announced the recent completion of a Rental Assistance Demonstration (RAD) transaction...
Heartland Housing

Affordable Housing Investment Brokerage Advises On the 166-unit Heartland Housing Affordable Housing Portfolio Sale...

Affordable Housing Investment Brokerage Inc. (AHIB) was retained by a court-appointed receiver to identify and secure new owners for portions of Heartland Housing's Wisconsin...
Forest Hill House

Tredway and LIHC Investment Group Announce $40M in Financing to Acquire and Preserve Forest...

Tredway, an affordable and mixed-income real estate developer that builds and preserves high-quality, high-opportunity housing, and LIHC Investment Group, one of the nation's largest...
Corinthian House

CPP Acquires Affordable Senior Property Corinthian House in San Jose California

CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Corinthian House, a senior development in...
Pointe at Eastgate

Cambridge Realty Capital Provides Refinancing on The Pointe at Eastgate Assisted Living Facility Near...

Cambridge Realty Capital provided a $15.52 million HUD Lean loan to refinance The Pointe at Eastgate, an assisted living facility located in Algonquin, Illinois. Brent...
Montego Square Apartments

Alliance Companies Breaks Ground and Secures Funding for 280-Unit Montego Square Apartments

Alliance Companies is moving forward with the development of their 280-unit Montego Square Apartments located at 4051 Winkler Avenue in Ft. Myers, Florida, following...
Westminster Village Arms

MassHousing Financing Announces $94M in Refinancing for the Preservation of Affordability and Substantial Property...

MassHousing announced that residents living at the 432-unit Westminster Village Arms in Lowell will have their affordable rents preserved for the long term and...
Hickory Lake Apartments

FCP Acquires 322-unit Hickory Lake Apartments in the Nashville MSA

FCP® announces the acquisition of Hickory Lake Apartments, a 322-unit multifamily property at 3940 Apache Trail in Antioch, Tennessee in the Nashville MSA. The acquisition...
HUD changes criminal record background check rules

HUD proposes criminal records rule changes

HUD issued a notice of proposed rule making to change how criminal records history may be considered in deciding to prohibit individuals from residing...
HUD sets new Section 8 income rule

New Section 8 income rule would cap rent growth for LIHTC properties

On January 9, HUD proposed changes to how they calculate Section 8 income limits. The summary of the change as posted on the Regulations.gov...
Manhattan Avenue Senior Apartments

Governor Hochul Announces Completed Expansion of 70-Unit Manhattan Avenue Senior Apartments Development in Westchester...

Governor Kathy Hochul announced the completion of the 70-unit Manhattan Avenue Senior Apartments in the town of Greenburgh, Westchester County. “The transformation of the Manhattan...
Green Oaks of Goshen

Evergreen Real Estate Group Completes 120-Unit Affordable Assisted Living Community Green Oaks of Goshen...

Evergreen Real Estate Group announced the completion of Green Oaks of Goshen, a four-story, 120-unit assisted living community for low-income seniors in Goshen, Indiana....

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