Member News

Pennrose and OUR Center are opening the Aspen Center for Child Development, a Reggio Emilia-inspired early care and education center built into the Ascent at Hover Crossing development in Longmont, Colorado. 

Pennrose and project partners celebrated the grand opening of Good Shepherd, a 55-unit affordable senior housing community for adults 62+ at the former Good Shepherd Presbyterian Church site in Philadelphia’s Overbrook neighborhood.

Merchants Capital announced the addition of April Moreland as SVP, GSE Chief Underwriter, based in the company’s Washington, D.C. office. April will support the expansion of Merchants’ Government Sponsored Enterprise (GSE) platform.

Cinnaire’s Chief Impact Officer Jennifer Everhart received the 2026 Terrence R. Duvernay Award at the Building Michigan Communities Conference for her leadership in advancing affordable housing initiatives.

United Way of Massachusetts Bay honored Larry Curtis, Chairman of WinnDevelopment, with the 2026 Norman B. Leventhal/Edwin N. Sidman Real Estate & Building Industry Leadership Award in recognition of his professional achievements and philanthropic impact on communities.

Tiber Hudson welcomed Andrea Hall, as Of Counsel, where she will serve as underwriter’s counsel in affordable housing transactions. Prior to joining Tiber Hudson, Andrea served as a Judge Advocate in the United States Air Force for 20 years, bringing discipline, precision, and a global perspective to everything she does.

Dominium will host a May 15 grand opening celebration for Shannon Reserve, a new 166-unit affordable housing community in Union City, GA that expands access to high-quality homes for individuals and families earning up to 60% of the area median income.

Cinnaire Lending Corporation earned its first Aeris rating, receiving an AA– for financial strength, three stars for impact management, and a Policy Plus designation, affirming CLC’s strong financial stewardship, community impact, and leadership in advancing equitable housing and community development policy.

Ulysses Development Group, Governor Katie Hobbs, and partners broke ground on Salt River Flats 2 in Phoenix, a 168-unit affordable housing community for families earning up to 60% of area median income, set for completion in Q1 2028.

Pennrose and the Hyde Square Task Force, joined by Michelle Wu, broke ground in Boston on redeveloping the long-vacant Blessed Sacrament Church into a mixed-use project with 55 affordable homes and space for youth arts and community programs, expected by 2027.

Klein Hornig announced that Sarah Molseed will join as a partner on May 4, 2026, bringing extensive experience from U.S. Department of Housing and Urban Development—where she helped lead major recapitalization efforts—to strengthen the firm’s longstanding HUD and affordable housing practice.

Heritage Consulting Group welcomed Lisa Wogan as its new Growth and Partnerships Associate, bringing experience from J. Jeffers & Co. to expand partnerships and promote Historic Tax Credits as a tool for community revitalization.