Member News
KeyBank Provides $36.4M of Financing for New Affordable Housing in Toldeo, OH
KeyBank Community Development Lending and Investment (CDLI) provided a $15.5 million construction loan, a $3.18 million permanent loan and $17.7 million in LIHTC to finance the new construction of The Grand and The Glen, a scattered two-site workforce affordable housing project in Toledo, OH.
Dominium Promotes 31 Employees and Hires 204 New Employees in Q4 of 2024
Dominium announced it hired 204 new employees and advanced the positions of 31 current employees.
R4 Capital Surpassed $10.6B in 2024 Including $100M Largest Single Asset Investment
R4 Capital and R4 Capital Funding (R4CF), R4’s tax-exempt lending platform, announced that in 2024 it surpassed $10.6 billion in equity and mortgage financing since inception.
CohnReznick Elevates 16 Professionals to Partner/Principal
CohnReznick LLP announced that it has elected 16 professionals to its partnership, effective Feb. 1, 2025.
AAMCI –Development, LLC Announces Acquisition of Stonecroft Village in NC
AAMCI – Development, LLC announced the acquisition of Stonecroft Village, in Gastonia, NC, a 72-unit property built in 1983 with 100 percent Project-Based Rental Assistance.
Merchants Capital Secures $88 Million+ for Iowa-based Affordable Housing Community
Merchants Capital announced that it secured more than $88 million in financing for Union at Bluffs Run, a new 192-unit affordable housing community in Council Bluffs, IA.
Financing in Place for the Redevelopment of a Dorchester Parcel into 48 New Deeply Affordable and Service Rich Apartment Homes for Senior Citizens
MassHousing partnered with Jamaica Plain Neighborhood Development Corporation (JPNDC) in a mix of public, private and grant financing to redevelop The Cheney Homes, an underutilized Dorchester parcel, into 48 new, deeply affordable and service rich apartment homes for senior citizens.
Dominium Acquires Land for Arterra and Orchard Springs, Plans to Develop 599 Affordable Apartment Homes in Surprise, AZ
Dominium announced that it has closed a deal to acquire land for the development of a new community of affordable housing in Surprise, AZ.
Applegate & Thorne-Thomsen Announces New Partners
Applegate & Thorne-Thomsen announced that Alexis Chernak, C.C. Huang, Clara Kim and Matt McKay have joined the partnership effective Jan. 1, 2025.
California Housing Finance Agency’s Rebecca Franklin, Ed.D. Selected as New Chief Deputy Director
California Housing Finance Agency (CalHFA) announces Rebecca Franklin, Ed.D. as new chief deputy director following Governor Gavin Newsom’s announcement of her appointment on Friday, Nov. 22, 2024.
California Housing Finance Agency Announces Stephanie McFadden as New Director of Multifamily Programs
California Housing Finance Agency (CalHFA) welcomes Stephanie McFadden, a veteran of the affordable housing industry, as the new director of multifamily programs.
Cinnaire Receives $6M in Affordable Housing Program Awards from FHLBank Chicago
Cinnaire has been awarded $6 million in Affordable Housing Program (AHP) subsidies by the Federal Home Loan Bank of Chicago (FHLBank Chicago) to support three transformational housing projects in Illinois and Wisconsin.