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.
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.
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.
The Architectural Team Names New Principal and Elevates Key Design Architects
The Architectural Team (TAT) has announced strategic promotions for four longstanding team members.
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.
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.
New HUD Grants Allow WinnResidential to Expand Financial Self-Sufficiency Program for Low-Income Families
Thirteen affordable housing communities managed by WinnResidential, the property management arm of WinnCompanies, have been awarded Family Self Sufficiency (FSS) Program grants from the Department of Housing and Urban Development as part of HUD’s recent $130 million investment in economic mobility for HUD-assisted families.
Ribbon Cutting Celebration at Five Points Crossing Spotlights Affordable Downtown Living in Rocky Mount, NC
Woda Cooper Companies, Inc. hosted a grand opening and ribbon-cutting at the new 50-unit Five Points Crossing located at 213 Rose Street.
Dominium Promotes Adam Brookins to Vice President of Construction
Dominium announced that it has promoted Adam Brookins to vice president of construction for the Self Perform team.
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.
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.
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.