Supportive housing is a combination of housing and services intended as a cost-effective way to help people live more stable, productive lives, and is an active “community services and funding” stream across the United States. It was developed by different professional academics and US governmental departments that supported housing. Supportive housing is widely believed to work well for those who face the most complex challenges—individuals and families confronted with homelessness and who also have very low incomes and/or serious, persistent issues that may include substance use disorders (including alcoholism), mental health, HIV/AIDS, chronic illness, diverse disabilities (e.g., intellectual disabilities, mobility or sensory impairments) or other serious challenges to stable housing.
Tag: Supportive housing
Merchants Capital Secures $25.5M for Twin Cities-based Affordable and Supportive Housing Development Prairie Pointe
Leading financial services provider Merchants Capital announced $25.5 million in debt and equity financing for the construction of Prairie Pointe, a 42-unit affordable and...
Wells Fargo Provides $163M Construction Financing on Bay Area Affordable Housing Complex Midway Village
Wells Fargo has provided a total of $162.9 million in financing for Midway Village Phase 2, the new construction of the second phase of...
MassHousing has Awarded $185,000 for the Preservation of Affordable Sober Housing and Supportive Services...
MassHousing has awarded $185,000 in grant funding to four non-profit organizations supporting individuals and families impacted by substance use disorder, known as sober housing.
The...
SDS Capital Launches New National Capital Platform ‘SDS Impact Debt’ (SDSID)
Los Angeles-based impact fund manager SDS Capital Group has launched SDS Impact Debt (‘SDSID’). This new capital platform provides below-market permanent and construction financing...
NeighborWorks Housing Solutions Cuts Ribbon at The Lincoln in Brockton near Boston
NeighborWorks® Housing Solutions, the leading housing service provider in southern Massachusetts, celebrated the ribbon-cutting of The Lincoln, a new community offering 37 units of...
Merchants Capital Secures $316+M for Phase II of Alafia, a Mixed-Use Affordable Development in...
Leading financial services provider Merchants Capital announced more than $316 million in construction, permanent and equity financing for the second phase of Alafia (Alafia...
Self Help Enterprises Celebrates Grand Opening of New Affordable Housing Community Guardian Village Near...
Self-Help Enterprises (SHE) celebrated the grand opening of Guardian Village, a vital new affordable housing development in Reedley that addresses the critical housing shortage...
Construction Started on Aufgang Designed 100% Affordable Multifamily Community on Ogden Avenue in the...
Construction has begun on an Aufgang Architects designed 100% affordable community that includes supportive housing, located at 1415 Ogden Avenue in the Highbridge section...
Santa Clara VTA and Charities Housing Partner on Low-Income Townhome Development
The Santa Clara Valley Transportation Authority (VTA) has signed a long-term ground lease agreement with Charities Housing, which will build 45 townhomes intended for...
NeighborWorks America Announces Rental Portfolio Grew to More Than 211,000 Rental Homes in Fiscal...
NeighborWorks America announced that the total of owned and managed rental homes of the NeighborWorks network grew to 211,856 in Fiscal Year 2024, an...
HUD Awards Nearly $137M in Grants to Increase Section 202 Affordable Housing and Supportive...
The U.S. Department of Housing and Urban Development (HUD) has announced the allocation of nearly $137 million in grants aimed at increasing affordable housing...
DCHFA Finances the Second Phase of Barnaby & 7th Adding 229 Affordable Apartments in...
District of Columbia Housing Finance Agency (DCHFA) issued $63 million in tax exempt bonds, underwrote $47.1 million in federal and $10.4 million in DC...
DCHFA Finances its First Development of 2025 – 100 New Affordable Apartments on Rhode...
On January 17, 2025 the District of Columbia Housing Finance Agency (DCHFA) issued
$35.1 million in tax exempt bonds, underwrote $25.56 million in federal and...
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...
NeighborWorks Housing Solutions Receives $1M Donation from First Priority Credit Union for Permanent Supportive...
NeighborWorks Housing Solutions, the leading housing service provider in southern Massachusetts, is pleased to announce receipt of a $1 million donation from First Priority...