Dominium announced it has hired 229 new employees and advanced the positions of 31 more during the second quarter of fiscal year 2025.
KeyBank Community Development Lending and Investment (CDLI) has appointed Jon Burckin as senior business development banker on the equity distribution team.
Connecticut Gov. Ned Lamont and New Britain Mayor Erin Stewart joined WinnCompanies executives as state and city officials celebrated the opening of an $85 million project that transformed a historic, long-vacant manufacturing complex near New Britain’s downtown into 154 apartments of modern affordable housing.
Woda Cooper Companies celebrates the opening of Starling Yard, a stunning new 97-unit affordable housing community featuring the adaptive reuse of a long-vacant 1908 historic school, combined with two new construction buildings.
Pennrose, Cove Homes, Inc., and project partners celebrated the grand opening of Soria, a brand-new, mixed-income housing community on Frenchtown Road in East Greenwich, RI.
CAHEC annually recognizes individuals and organizations for their significant contributions to the affordable housing and community development industries at its Awards Luncheon during the Partners Conference.
KeyBank Community Development Lending and Investment (CDLI) provided a $32 million tax-exempt construction loan and a $15 million taxable construction loan to finance the new construction El Camino Commons, an affordable multifamily housing property in Oceanside, CA.
Merchants Capital announced the addition of Serah Lee as senior vice president of originations.
Leaders from all levels of government joined with residents of the MaryEllen McCormack public housing complex to celebrate the start of Winn Companies’ long-awaited effort to redevelop the historic community, breaking ground on the first phase of construction for the 3,300-unit mixed-income and mixed-use project.
KeyBank Community Development Lending and Investment (CDLI) provided a $12 million construction loan and invested $16.1 million in LIHTC equity for the construction of Churchill Gateway II, a 70-unit affordable housing family project in Cleveland, OH.
Lument announced the closing of a $33.6 million Freddie Mac loan to facilitate the construction of The Culbreath, a 364-unit affordable seniors housing community in Dallas, on behalf of DHA Housing Solutions of North Texas (DHA) and Volunteers of America National Services (VOANS).
Woda Cooper Companies, Inc. and Cherry Health hosted a groundbreaking ceremony for Shea Ravines, a new 56-unit affordable housing community with 20 Permanent Supportive Housing (PSH) units.