Industry News

Sign-On by Nov. 20 to Support IRS COVID-Related LITHC Accommodations

The Affordable Housing Tax Credit Coalition (AHTCC) is circulating a sign-on letter to support the National Council of State Housing Agencies’ (NCSHA) letter to the Internal Revenue Service (IRS) and Department of the Treasury calling for an extension to the temporary COVID-related LIHTC relief. The deadline to sign-on is Friday, November 20. NH&RA joined the […]

$10 Billion Invested in RAD-Converted Public Housing

In just seven years since the first public housing property converted under the Rental Assistance Demonstration (RAD), Public Housing Agencies (PHAs) and their partners have cleared another major milestone—surpassing more than $10 billion for the improvement and replacement of converting public housing properties.

JCHS to Release 2020 State of the Nation’s Housing Report Tomorrow

The Harvard Joint Center for Housing Studies will release its annual State of the Nation’s Housing Report on November 19 and host a release event from 4-5 p.m. ET.

Member News

Mark Straub Retires from Pennrose, Congratulations!

Mark Straub’s last day at Pennrose will be December 31, 2020. During his tenure with Pennrose, Mark has played a pivotal role in developing and growing the Pennrose platform and business in the Southeastern U.S.

Mack Hancock Joins Pennrose Property Management Executive Team

Pennrose announced that Mack Hancock has joined the organization as Vice President of Operations for the Property Management Company. Hancock, an industry veteran with more than 30 years of experience, will provide property management leadership and oversight for properties in Pennsylvania, New Jersey, Connecticut and Massachusetts.

MassHousing, Preservation of Affordable Housing (POAH), and City of Boston Announce Closing of $36.5 Million in Financing for the Loop at Mattapan Station, a New Transit-Oriented, Mixed-Income Housing Community

MassHousing, the non-profit Preservation of Affordable Housing (POAH), and the City of Boston announced the closing of $36.5 million in MassHousing affordable housing financing for the development of the 135-unit The Loop Mattapan Station, a new affordable and workforce housing community in Mattapan Square.