Member News

Member News

Villón-Maga Closes Key Early-Stage Financing for First Round Blue Hill Avenue Deal

Local Initiatives Support Corporation Boston announced that it has closed on critical early-stage financing for DVM Consulting Corp, the development company launched by Dariela Villón-Maga to build affordable housing on five city-owned parcels near the intersection of Blue Hill Avenue and Fabyan Street in Mattapan.

Member News

Ribbon-Cutting Celebrates New Mixed-Use Affordable Housing in Downtown Portsmouth Named in Honor of Late Mayor James Holley III

A ribbon-cutting ceremony celebrates the opening of Holley Pointe at 622 Effingham Street in downtown Portsmouth.

Member News

Dominium Announces the Land Closing for New Affordable Senior Housing Development in Orlando

Dominium announced the closing of the land sale to construct Sandpiper Glen, a new senior housing development located off Donnybrook Drive in Orange County, FL.

Member News

Dominium Distributing More Than $1.4 million in Scholarship Awards in 2022

Dominium announced it is distributing over $1.4 million in scholarship awards to its residents, employees, and their dependents through Opportunity’s Front Door, the Dominium scholarship program. 

Member News

National Equity Fund and Cinnaire Become Equity Partners in CPC Mortgage Company to Form Industry’s Only Impact-Driven Multifamily Mortgage Lender

The Community Preservation Corporation, National Equity Fund and Cinnaire announced their joint partnership with CPC Mortgage Company, a national mortgage lending company specializing in multifamily Agency finance products.

Member News

KeyBank Invests in Real Estate Job Fund for Underserved Communities

KeyBank announced its continuation to expand in the affordable housing and CDFI space with the investment of $1.75 million in The Good Jobs Fund. The Good Jobs Fund, created by CEI Ventures, will create economic opportunities in hard-to-serve markets and ensure that good jobs are created for overlooked populations and communities.

Member News

Harkins Promotes Mark Kelehan to Vice President of Affordable Housing

Harkins announced the promotion of Mark Kelehan to the position of vice president of Affordable Housing. Kelehan began his career at Harkins as an assistant site manager trainee in 1989.

Member News

USA Properties Fund Becomes A Partner in Two Affordable Apartment Communities and Plans $8M Rehab of Properties

USA Properties Fund announced it has become a partner in two affordable apartment communities in fast-growing Reno, ensuring that low-income residents can remain in their homes – and will also soon enjoy the results from a multimillion-dollar rehabilitation of the properties.

Member News

Standard Communities’ Jessica Mackenzie Named a Financial Woman of Influence by GlobeSt. Real Estate Forum

Jessica Mackenzie, senior director of Capital Markets at Standard Communities, was named a GlobeSt. Woman of Influence in the Finance Executive category.

Member News

Dominium Announces the Hiring of Two Female Executive Leaders

Dominium announced the hiring of two highly respected female leaders to executive positions with the company.

Member News

Merchants Capital Finances $13M for Historic Affordable Housing in Gary, IN

The New York office of leading multifamily financial services provider Merchants Capital announced it has provided more than $13 million in financing to a joint venture between Gorman & Company and the Gary Housing Authority (GHA) for the rehabilitation of the historic Carolyn Mosby Apartments in Gary, IN.

Member News

Jonathan Rose Companies & 5 T Management Acquire Englewood Gardens

Jonathan Rose Companies announced the acquisition of Englewood Gardens, the 11th deal to close into the Rose Affordable Housing Preservation Fund V. Englewood Gardens is a 13-building, 167-unit, family-designated scattered-site Section 8 property located in Chicago’s Englewood neighborhood.

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