Member News

NH&RA News

NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

Hunt Capital Partners

Hunt Capital Partners Closes Maryalice and Handsel

Hunt Capital Partners (HCP) announced the closing of LIHTC equity financing for Maryalice Circle Apartments (Maryalice) and Handsel Morgan Village (Handsel) located in Buford, GA, a suburb located 33 miles northeast of Atlanta.

Community Builders Receives Build Health Challenge Award

The Community Builders (TCB) announced their selection to receive the BUILD Health Challenge award.

Ohio

Franklinton Development’s Groundbreaking of Sterling Yard

Franklinton Development Association announced the Ceremonial Groundbreaking for Starling Yard, 120 South Central Avenue in Columbus, OH, which was held on May 16, 2023.

Standard Communities Becomes a B Corporation

Standard Communities announced that they are now certified as a B Corporation following a rigorous review of the impact of its business model and operations on staff, stakeholders, communities and the environment.

Merchants Capital Markets Platform

Merchants Capital announced $1.1 billion in securitization through the growth of its Capital Markets platform, led by Senior Vice President Evan Gibson. The platform focuses on providing liquidity and capital relief for its parent company Merchants Bank of Indiana.

THDA Amendment Vote

Today, the Tennessee Housing Development Agency (THDA) unanimously passed the amendment that would set the response window for the first and only application notice to seven calendar days.

Member News

ION Announces VP of Operations

ION announced the appointment of Giles Hohn as vice president of operations.

Member News

Hunt Capital Partners and Intervest Corporation Transform Renowned Carnation Milk Plant into 33-Unit Senior Housing Development

After a four-year process that survived setbacks of the pandemic, rising construction costs and rising interest rates, Hunt Capital Partners, in collaboration with Intervest Corporation (Intervest), announced the closing of $13.3 million in Federal LIHTC and Federal Historic Tax Credit equity financing, as well as $2.5 million in Mississippi HTC equity financing for Carnation Village.

Member News

KeyBank Secures Funding for Senior Housing in Oregon

KeyBank announced that it secured $67 million for an affordable senior housing property in Portland, OR.

Member News

Merchants Capital Named Number 2 Lender on Top Lenders List

Affordable Housing Finance (AHF) ranked Merchants Capital as the number two lender nationwide for their top lender’s list.

Member News

Dominium Promotes Holly McAllister to Vice President of Property Management 

Dominium announced that it has promoted Holly McAllister to vice president of Property Management.

Member News

Hunt Capital Partners and Duck Valley Housing Authority Build Affordable Housing on Tribal Reservation in Nevada 

Hunt Capital Partners, in collaboration with the Duck Valley Housing Authority, announced the closing of $5.77 million in Federal LIHTC equity and $112,025 in Solar Investment Tax Credit (ITC) equity financing for Duck Valley Phase II, a new construction development located on the 289,819-acre Duck Valley Indian Reservation in Owyhee, Elko County, NV.

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