Member News

Member News

Standard Communities Leads Public-Private Partnership to Convert 176-Unit Providence Community to Affordable from Market Rate 

Standard Communities announced it has acquired Tanglewood Village, a 176-unit apartment community in West Warwick, RI.

Member News

MassHousing Closes on $15.2M for the Refinancing and Extension of Affordability at Bridle Path Apartments in Randolph 

MassHousing announced it has closed on $15.2 million in affordable housing financing to Preservation of Affordable Housing (POAH) to refinance the 104-unit Bridle Path Apartments in Randolph, MA and extend the affordability for senior citizens living at the property for at least 32 years.

Member News

Hunt Capital Partners Syndicates FCAA Disaster Relief LIHTC Credits for Napa County Development Following Wildfires 

Hunt Capital Partners announced the closing of $30.16 million in nine percent, Federal LIHTC equity financing for the new construction of Napa Cove Apartments.

Member News

Pennrose Celebrates Gateway Pointe II Grand Opening 

Pennrose, the City of Warner Robins and the Development Authority of the City of Warner Robins, Georgia celebrated the grand opening of Gateway Pointe II, a 90-unit mixed-income rental community for families and veterans, and the adjacent Memorial Park.

Member News

FTK Launches Largest AHF Project to date at $16.9MM 

FTK Construction Services announced the launch of a recently awarded project, Waters at James Crossing.

Member News

Pennrose Celebrates Grand Opening of Renaissance Row Apartments in Baltimore  

Pennrose, Park Heights Renaissance (PHR), Housing Authority of Baltimore City and local and state officials celebrated the grand opening of Renaissance Row apartments, an 84-unit affordable, mixed-use community in the historic Park Heights neighborhood of Baltimore.

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.

Member News

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 […]

Member News

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 […]

Member News

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 […]

Member News

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 […]

Member News

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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