Member News
Dominium Senior Vice President of Capital Markets T.J. McElroy Becomes a Partner in the Company
Dominium announced that Senior Vice President of Capital Markets T.J. McElroy has been elevated to Partner status in the company.
Lument Closes $26.8M FHA 233(f) Loan to Refinance Affordable Seniors Housing Apartments in Brooklyn
Lument announced the closing of a $26.8 million HUD/FHA Section 223(f) loan to refinance Tri-Senior Housing for sponsor HDF Companies.
Lument Closes $90.6M in Fannie Mae Loans to Refinance a Multifamily Portfolio in Chicago
Lument announced the closing of $90.6 million in Fannie Mae DUS® loans to refinance four multifamily communities in Chicago with a total of 654 units.
Merchants Capital Secures $231M in Total Financing for NYCHA PACT Renovation in The Bronx
Merchants Capital announced $231 million in total financing for the renovation of Eastchester Gardens, a $391 million New York City Housing Authority Permanent Affordability Commitment Together project that spans ten residential buildings in The Bronx.
KeyBank Provides $51M of Financing for Affordable Multifamily Housing in Detroit
KeyBank Community Development Lending and Investment (CDLI) provided $43.6 million in construction loans and arranged $7.6 million in permanent loans for the acquisition and rehabilitation of Lee Plaza, in the City of Detroit.
Breaking Ground on Essential Affordable Housing for the Northland Neighborhood
National Church Residences broke ground on the second phase of Bretton Woods, a new 60-unit affordable housing community for older adults in the Northland neighborhood of Columbus.
Merchants Capital Appoints Asset Management EVP to Tax Credit Equity Platform
Merchants Capital announced the appointment of Brandon Conway as executive vice president of Tax Credit Equity Asset Management.
Cinnaire Raises $340 Million for Affordable Housing Development and Preservation
Cinnaire announced the closing of a $340 million LIHTC multi-investor fund (Fund 43)—the largest investment fund in the organization’s 32-year history.
Dominium Hires New Vice President of Asset Management
Dominium announced that it has hired Kevin McKee as the company’s new vice president of asset management.
MassHousing Announces Creation of 170 New Mixed-Income Rental Homes by Momentum Fund
MassHousing and The Healey-Driscoll administration announced the second financing commitment under the Momentum Fund, a first-in-the-nation state revolving fund to support mixed-income housing production.
KeyBank Secures $8.5M for Affordable Multifamily Housing in San Diego County
KeyBank Community Development Lending and Investment (CDLI) provided a $8.5 million construction loan to finance the new construction of an affordable multifamily housing property in Carlsbad, CA.
The Community Builders Announces Power of Home 2025 Honorees
The Community Builders announced Shari Nethersole, M.D. vice president of community health and engagement at Boston Children’s Hospital as 2025 Health Champion and Sheryl McQuade regional president of TD Bank as 2025 Wealth Champion.