Member News

The Low-Income Housing Tax Credit has financed more than 2.7 million rental homes, according to a report from the National Association of Home Builders.

The Woda Group continues to rebuild senior affordable housing, which was destroyed by a fire while under construction earlier this year in Baltimore. The development has been recognized for overcoming significant obstacles.

Enterprise Community Partners’ largest multi-investor fund to date will finance 39 Low-Income Housing Tax Credit properties with more than 4,000 affordable rental apartments in 14 states. At $318 million, the “Enterprise Housing Partners 26 Fund” stands as one of the largest in the industry’s history.

Trinity Financial celebrated the completion of 113 new units of affordable housing in Brockton, MA. The housing is the first completed phase of a larger project being built under Chapter 40R.

Affirmed Housing’s Arbor Green, where residents enjoy utilities for approximately $5 or less a month, earned honors from the U.S. Green Building Council.

With nearly two decades of experience in community development finance, Hoopengardner will guide the overall management and growth of NTCIC, a tax credit syndication firm.

Mr. Kirsch joins Greystone from Freddie Mac Multifamily, where he most recently served as Asset Management & Operations Client Relationship Manager for the Small Balance Loan Program.

MassHousing recently recognized the efforts of 76 property management companies that make a concerted effort to do business with Minority and Women-Owned Business Enterprises.

National Equity Fund, Inc. has named Michael G. Rogers as its new general counsel. Most recently, Rogers worked as senior counsel with Holland & Knight LLP representing investors and syndicators in LIHTC and NMTC transactions.

Greystone’s affordable housing preservation group worked closely with the Tennessee Housing Development Agency, as well as both USDA’s Rural Housing Service National Office and Tennessee State Office to coordinate and secure the financing needed to acquire and rehabilitate at-risk and much-needed housing.

Rental Housing Association will present the 2015 Industry Excellence Award to Lawrence H. Curtis, President and Managing Partner for WinnDevelopment, at a ceremony on December 1.

Schoolhouse Terrace is the first phase of the planned six-phase redevelopment of Cottage Place Gardens, a collaborative effort between The Community Builders and the Municipal Housing Authority for the City of Yonkers.