Member News
$2.52M Financing Secured for Wyoming Affordable Housing Community
JLL Capital Markets announced that it has arranged the $2.52M acquisition financing for Autumn Ridge, a 48-unit, garden-style affordable housing community located in Laramie, WY.
Canaan Crossing Opens in Madison, GA
Supporters of Canaan Crossing, a new Madison housing option for households earning up to 60 percent area median income, gathered for a grand opening and ribbon-cutting hosted by co-developers Parallel Housing, Inc.and Woda Cooper Companies, Inc.
Merchants Capital Promotes Josh Reed to Executive Vice President within the Tax Credit Equity Division
Merchants Capital announced the promotion of Josh Reed to executive vice president.
Klein Hornig LLP Announces New Partners
Klein Hornig announced that Adam G. Norlander and Jacob S. Taylor have been named partners of the firm, effective Jan. 1, 2023.
Hunt Capital Partners Teams Up with Housing Opportunity Management Enterprises for Nuestra Señora Development
Hunt Capital Partners (HCP), in partnership with Housing Opportunity Management Enterprises (HOME), formerly known as the Housing Authority of the City of El Paso, announced the closing of $12.8 million in Federal LIHTC equity financing for the new construction of Nuestra Señora.
Dominium Partners with Downtown Emergency Services Center for New Seattle Supportive Housing Community
Dominium announced the closing of the financing for DESC Burien in partnership with Downtown Emergency Services Center (DESC) in Seattle, a nonprofit with extensive experience in providing supportive services to persons experiencing mental health symptoms and substance use concerns and homelessness.
North Carolina Officials Applaud the Start of $35 Million Project by WinnDevelopment to Transform a Historic Mill into Affordable Apartments
WinnCompanies, an award-winning national developer and manager of affordable, mixed-income and market-rate apartment communities, broke ground on its first-ever adaptive reuse project in North Carolina, starting construction on a $35 million project that will create 139 affordable apartments in a long-vacant, historic textile mill.
Martin to Lead CohnReznick’s Boston and Greater Massachusetts Offices
CohnReznick LLP announced that Kevin P. Martin, Jr. is assuming the role of office managing partner – Massachusetts effective Feb. 1, 2023.
Standard Communities Leads Public-Private Partnership to Acquire and Preserve Affordability of Two Senior Living Communities in Chicago
Standard Communities announced its public-private partnership acquiring two senior 100 percent affordable communities totaling 466 units in Chicago and its suburbs.
Hunt Capital Partners Invests in Westheimer Garden Villas Development for Seniors in Houston
Hunt Capital Partners, in collaboration with Texas Inter-Faith Housing Corporation, a 501(c)3 Texas nonprofit organization, announced the closing of $13.8 million in Federal LIHTC and $194,580 in federal energy efficiency 45L credit equity financing for the construction of Westheimer Garden Villas.
Beacon Communities and Harborlight Homes Close on Financing to Reimagine Beverly’s Former Briscoe School
Beacon Communities and Harborlight Homes announced that they have closed on financing to redevelop the historic former home of the Briscoe School into a mixed-use community, centered around affordable housing for seniors, to be called Beverly Village for Living and the Arts.
Fannie Mae Selects The Community Builders to Help Advance Racial Equity in Housing through Innovation Challenge
The Community Builders (TCB) announced it has been awarded one of five contracts under Fannie Mae’s $5 million 2022 Sustainable Communities Innovation Challenge, a nationwide competition to help advance racial equity in housing.