Member News

Member News

Solid Rock Christian Center Uses Land to Build Affordable Housing Apartments Financed by Hunt Capital Partners

Hunt Capital Partners, in collaboration with Commonwealth Development Corp. and Solid Rock Community Development Corporation, an affiliate of Solid Rock Christian Center, announced the closing of $8.68 million in federal and $2.98 million in Colorado State LIHTC equity financing for the new construction of Village at Solid Rock Apartments.

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Hunt Capital Partners Facilitates $3.6 Million LIHTC Investment to Finance Rehabilitation of Arizona Affordable Housing Development

Hunt Capital Partners announced the closing of $3.6 million in federal low-income housing tax credit equity financing for the acquisition and rehabilitation of Sagebrush Place II, formerly known as Centennial Park. Located on a 2.2-acre site in the heart of Reno, Nev., Sagebrush Place II was originally constructed in 1970, renovated in 2007 with LIHTC […]

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Dominium Expands its Tennessee Portfolio Adding Ninth Development

Dominium announced that it has acquired Willow Creek Apartments in Mount Juliet, TN, a 144-unit affordable housing development built in 1997. Dominium is committed to keeping Willow Creek Apartments an affordable housing development and is planning a $1.8 million renovation of the property. Willow Creek is Dominium’s ninth development in Tennessee and expands the company’s […]

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Mary Grace Folwell Rejoins Ballard Spahr

Mary Grace Folwell—an affordable housing lawyer who has worked in private practice, as well as counsel for a housing authority and general counsel for a national property management company—has rejoined Ballard Spahr’s Real Estate Department in the firm’s Washington, D.C. office. Folwell was a lawyer at Ballard Spahr for ten years and has served as […]

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Fairstead and LIHC Investment Group Announce New Ground-Up Mixed-Income Development

Fairstead and LIHC Investment Group announced a new ground-up development proposal for a mixed-income building at Essex Plaza in Newark, NJ. The six-story, 365,000-square-foot proposed development would consist of 241 residential apartments, ground-floor commercial and amenity space and underground parking. The development would be built as part of New Jersey’s Clean Energy Program, taking a […]

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Dominium Announces the Closing of the Land Sale for New Affordable Housing Development in DeKalb County

Dominium announced today the closing of the land sale for its tenth new affordable housing development in the state of Georgia. Located in unincorporated DeKalb County, The Meridian will provide 217 affordable apartment homes to the Atlanta metropolitan area once constructed. Development Partners for The Meridian include Winthrop & Weinstine, Kutak Rock, Commercial Partners Title, […]

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Rockport Mortgage Announces $42.4M in Financing for Lowell, MA Affordable Housing Property

Rockport Mortgage of Gloucester, MA, announced the closing of a $42.4 million, HUD Section 223(f) refinance loan in Lowell, MA. The transaction will preserve affordability at the rental housing development for 39 years. Market Mill Apartments is a 230-unit affordable housing community serving seniors and families located at 246 and 256 Market Street. The development, […]

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APAH: Stream the Dominion Square Announcement Today at 2:30 p.m. ET 

Join APAH, Fairfax County, the Fairfax County Redevelopment and Housing Authority (FCRHA), and Virginia Housing today, Tuesday, May 3rd at 2:30 p.m. to learn about Dominion Square, a project in Tysons Corner.

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ESG at Fairstead 

On Earth Day, April 22, Fairstead released its first ESG report.

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KeyBank Real Estate Capital Appoints Brad Tucker to Senior Mortgage Banker 

KeyBank Real Estate Capital has appointed Brad Tucker to senior mortgage bank to expand community development lending and investment activity, with a focus in affordable housing.

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KeyBank Provides $29M for Affordable Housing Property in Utah 

KeyBank Real Estate Capital (KeyBank) provided a $15.2 million Freddie Mac, fixed-rate, Tax-Exempt Loan for Hampstead Midshore Manor Partners (Hampstead) to acquire and rehabilitate an affordable housing apartment community in Midvale, UT.

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Dominium Announces Land Closing for Two Affordable Housing Developments in Phoenix 

Dominium announced the closing of the land sales for two new affordable housing communities in Phoenix.

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