Member News
Ann Caruana Joins WNC as Senior Vice President of Acquisitions, Preservation Equity Funds
WNC, a national investor in real estate and community development initiatives, announced today that real estate private equity veteran Ann Caruana has joined the firm as senior vice president of acquisitions for the company’s preservation equity funds.
Pennrose Celebrates Meriden Commons I Grand Opening & Meriden Commons II Groundbreaking
Pennrose and The Cloud Company are pleased to announce the grand opening of Meriden Commons I and the official groundbreaking of Meriden Commons II in Meriden, Connecticut. The total project, delivered in two phases, is a transit-oriented development that will provide 151 mixed-income apartment units and more than 6,500 square feet of commercial and retail space.
NTCIC Leads Industry with Post Tax Reform Historic Credit Engagement
On Wednesday, June 13, 2018, NTCIC participated in a bipartisan Historic Tax Credit (HTC) Lobby Day hosted by the Historic Tax Credit Coalition.
Jonathan S. Camps Appointed as New President of Love Funding
Mr. Camps has spent the past 19 years in various management positions at Love Funding and most recently served as Senior Vice President.
Volunteers of America Partners with Shreveport Louisiana on Choice Neighborhoods Initiative Implementation Grant
The City of Shreveport and the Housing Authority of the City of Shreveport were awarded a $24.2 million FY2017 Choice Neighborhoods Implementation Grant for the Allendale, Ledbetter Heights, and West Edge neighborhoods. A once thriving arts and music district, the target neighborhoods experienced sharp population decline in the 1970s. Today, the neighborhoods are challenged with […]
Vesta Celebrates the Completion of Renovations at Cedar Court Senior Housing Community
Cedar Court residents, state and local government officials, and representatives from Red Stone Equity Partners, Webster Bank, CHFA, and HUD celebrated the completion of Cedar Court’s renovations. The senior housing community consists of 91 one-bedroom apartments, a community center, and multiple courtyards. All guests enjoyed the afternoon with pizza and ice cream.
McCormack Baron Salazar Chosen as Developer for Two $30 Million Choice Neighborhood Grants
McCormack Baron Salazar is the on-site housing developer for projects in Tulsa, OK and Baltimore, MD.
Gorman Partners with Phoenix on $30 Million HUD Grant
The $30 million HUD Grant, the first ever awarded to a community in Arizona, will leverage $185 Million of additional funding to provide over 1,000 families with new, high-quality, affordable and market-rate housing, along with significant neighborhood improvements.
Sarah Garland Joins CBRE Affordable Housing as Director of Affordable Housing Production
CBRE Group, Inc. announced that Sarah Garland has joined CBRE Affordable Housing as Director, Capital Markets, Affordable Housing Production. One of the foremost industry specialists in affordable housing finance, Ms. Garland will join CBRE Affordable Housing’s Debt & Structured Finance team and will be responsible for supporting origination of affordable and workforce housing debt financing. […]
Greg Voyentzie Assumes CEO Role at Boston Financial
Effective June 1, Greg Voyentzie has assumed the role of CEO for Boston Financial Investment Management (Boston Financial), after serving as an Executive Vice President for the company.
Red Capital Group Provides $52.5 million to Preserve Affordable Housing in Houston, Texas
The transaction will preserve 805 affordable units in Houston, TX.
Former U.S. Department of Housing and Urban Development Senior Counsel joins Nixon Peabody
Nixon Peabody recently announced the arrival of Kathie Soroka as counsel to the firm’s Affordable Housing and Real Estate practice in New York City. Kathie is one of the nation’s foremost professionals in the Rental Assistance Demonstration (RAD), having been a key player in the development of the program’s structure while she served as Senior Counsel to the General Counsel of the U.S. Department of Housing and Urban Development (HUD).