Member News Category Archives

Freddie Mac Multifamily Names Four Vice Presidents

Freddie Mac Multifamily announced four vice presidents: Geri Borger Urgo is now vice president, production & sales, overseeing the Southeast and Northeast regions. Michael Case is now vice president, multifamily capital markets, overseeing all multifamily loan pricing functions. Catherine Evans is now vice president, Small Balance Loan (SBL) underwriting, overseeing the SBL underwriting team. Amanda Nunnink is now vice president, Multifamily investor relations, leading the team that markets the multifamily securities platform. 

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Woda Cooper Companies Opens Senior Community Featuring Energy-Efficient Passive House Design

Woda Cooper hosted a grand opening and ribbon-cutting on May 15, 2019 for its new Muncy Greene development. The $13.8 million development features 60 single-level apartments that are geared towards low-income seniors. It is one of the first multifamily properties in Pennsylvania to be built to Passive House Institute US certification standards to ensure energy efficiency and low heating and cooling cost.

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Cinnaire Announces First Property Purchased for Indianapolis’ Equitable Transit-Oriented Development Fund

Cinnaire announced the closing of a $400,000 loan with the Indianapolis Neighborhood Housing Partnership® (INHP) for land acquisition for development of affordable housing one block from a Red Line bus rapid transit station in Indianapolis. The investment is the first loan from the $15 million Equitable Transit-Oriented Development fund launched in February 2019.

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CCA 10th Annual Golf Tournament – Ben’s Friends Golf Classic

Chesapeake Community Advisors (CCA) is holding its 10th Annual Golf Tournament on June 3 at the Sparrow Point Country Club (919 Wise Avenue Baltimore, MD 21222. Each year the Ben Etheridges’s CCA golf tournament fundraises for the Juvenile Diabetes Research Foundation to find a cure for type 1 diabetes. Since Ben’s untimely passing on June 30, 2018 the tournament has been renamed “Ben’s Friends Golf Classic.”

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ACTION Campaign Releases Updated National & State LIHTC Factsheets

The ACTION Campaign released updated national and state factsheets that show the impact of the LIHTC in all 50 states and the District of Columbia. In addition to the regular information on homes developed or preserved, jobs supported and the need for affordable housing, this year’s factsheets also include estimates on how many homes could be built with a 50 percent LIHTC increase.

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