Member News

Member News

Woda Cooper Companies Develops Permanent Supportive Housing 

Woda Cooper Companies and Cherry Health announced that Michigan State Housing Development Authority has awarded housing tax credits to Shea Ravines, a new $18.2 million 56-unit affordable housing community with 20 Permanent Supportive Housing (PSH) units in Wyoming, MI.

Member News

Hunt Capital Partners Transfers Ownership of 74-Unit Alabama Development to Neighborhood Concepts, Inc. 

Hunt Capital Partners (HCP) announced the transfer of ownership of Hunter’s Landing and Quail Ridge at Mallard Pointe, a 74-unit affordable housing development in Arab, AL, to Huntsville-based nonprofit Neighborhood Concepts, Inc.

Member News

KeyBank Provides $54.9M for Affordable Multifamily Housing in Jersey City 

KeyBank secured $54.9 million for Hudson Valley Property Group to refinance Grandview Terrace Apartments, a 283-unit affordable multifamily property located in Jersey City, NJ.

Member News

The Community Builders’ The Beacon Receives NYSERDA Buildings of Excellence Award 

The Community Builders and Ascendant Neighborhood Development announced that The Beacon in East Harlem, NY was selected a winner in the fourth round of New York State Energy Research and Development Authority’s (NYSERDA’s) Buildings of Excellence competition for the design of a low-carbon emitting multifamily building.

Member News

The Community Builders Celebrates Groundbreaking for Stirlingside Residences 

The Community Builders was joined by Mayor Jim Cahill, New Brunswick Housing Authority (NBHA), Middlesex County and the New Jersey Housing and Mortgage Finance Agency (NJHMFA) to celebrate the groundbreaking for Stirlingside Residences, a 53-unit affordable housing community for families in New Brunswick, NJ.

Member News

MassHousing Closed $5.8M for First Phase of Redevelopment for the Former Eagle Mill Property   

MassHousing has closed on $5.8 million in financing to Rees-Larkin Development, LLC, and Berkshire Housing Development Corporation, for the first phase of the redevelopment of the former Eagle Mill property in Lee, which will create 56 new affordable apartment homes.

Member News

The Architectural Team Names New Principal and Elevates Key Design Architects 

The Architectural Team (TAT) has announced strategic promotions for four longstanding team members.

Member News

HACLA Announces Homekey MTEB Portfolio Closing  

The Housing Authority of the City of Los Angeles (HACLA) closed on a first-of-its-kind financing totaling $70.8 million to support the creation and operation of 459 units of permanent supportive affordable housing for unhoused families in the City of Los Angeles. 

Member News

Public-Private Partnership Completes the Canopy Apartments in Portland 

USA Properties Fund hosted a grand opening celebration for The Canopy Apartments at Powell, a much-needed apartment community close to public transportation, schools and several shopping centers in east Portland.

Member News

Hunt Capital Partners Transfers Ownership of 151-Unit Senior Property to Housing Authority of DeKalb County Affiliate 

Hunt Capital Partners announced the ownership transfer of its Limited Partner interests in Ashford Parkside Senior Residences to a nonprofit affiliate of the Housing Authority of DeKalb County.

Member News

MassHousing is Providing $19.2M in Financing for 62 New Affordable and Workforce Rental Homes on Cape Cod

MassHousing is providing $19.2 million in affordable and workforce housing financing to Pennrose, LLC for the redevelopment of Cape Cod Five Bank’s former operations center in Orleans into 62 new affordable rental homes for residents with a range of incomes.

Member News

Merchants Capital Provides Nearly $7B in Debt and Equity Financing in 2023 

Merchants Capital announced that it provided more than $6.2 billion in debt and $656 million in tax credit equity financing for 2023.

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