Member News
Dominium Announces Appointment of Todd Urness as General Counsel
Dominium announced that Todd Urness, shareholder and attorney at Winthrop and Weinstine, has been named general counsel for Dominium.
Nashville affordable housing development secures $18.82M loan from the Amazon Housing Equity Fund
JLL Capital Markets announced that it has arranged the $18.82 million loan from The Amazon Housing Equity Fund for the construction of Harpeth Valley Apartments, a garden-style, 251-unit, mid-rise affordable housing development located in Nashville, TN.
Applegate & Thorne-Thomsen Announces New Partner Daniel Kraft
Applegate & Thorne-Thomsen announced that Daniel Kraft has joined the partnership effective Jan. 1, 2023.
KeyBank Provides $42M of Financing for Affordable Housing Property in California
KeyBank Community Development Lending and Investment (CDLI) provided a $31.875 million construction loan and a $10.9 million bridge loan to USA Properties Fund, Inc. for the construction of an affordable housing property in La Mesa, CA, (8181 Allison Apartments) according to a press release.
M&T Realty Capital Corporation Provides $21.5 Million in Financing for an Affordable Housing Property in Ohio
M&T Realty Capital Corporation® provided a $21,590,000 bridge loan for NB Affordable’s acquisition of a 337-unit affordable housing property located in Athens, OH.
Hunt Capital Partners Provides $12.9 Million in LIHTC Financing for 76-Unit Texas Development
Hunt Capital Partners (HCP) announced the closing of $12.9 million in Federal LIHTC equity financing for the new construction of The Heights at MacArthur in Irving, TX.
Hunt Capital Partners Finances Historic Rehabilitation of Daugherty Furniture Building Into 39 Affordable Housing Units
Hunt Capital Partners (HCP) announced the closing of $9 million in Federal LIHTC equity and $1.4 million in Historic Tax Credit equity financing for the acquisition and historic adaptive reuse of the former Daugherty Furniture Building, a mixed-use, mid-rise building located in Clinton, TN.
Historical Redevelopment Bringing Homes and Retail to Greenfield, MA
The Community Builders (TCB), the City of Greenfield and MassDevelopment announced the acquisition and redevelopment of the former Wilson’s Department Store property, originally built in the center of Greenfield, MA in 1882.
Hunt Capital Partners Finances its 19th Affordable Housing Development in Hawai‘i
Hunt Capital Partners (HCP), in collaboration with Urban Housing Communities (UHC) and Ikaika ‘Ohana, announced the closing of $10 million in Federal LIHTC equity and $3.8 million in Hawai‘i state LIHTC equity financing for the new construction of the Villages of La‘i ‘Ōpua Phase II.
Standard Communities Leads Public-Private Partnership Acquiring 371-Unit 100 Percent Affordable Community in Chicago
Standard Communities has led a public-private partnership that acquired a 371-unit 100 percent affordable housing community in Chicago, IL.
Cinnaire Closes $86.3 Million Fund to Support Much Needed Affordable Housing in Mid-Atlantic Region
Cinnaire announced the closing of the largest MidAtlantic LIHTC Fund in the organization’s history.
Governor Hochul Announces Transformative $1.2 Billion Development to Create 2,400 Affordable Homes, Medical Clinic, Retail in East New York
Governor Kathy Hochul announced that construction has begun for the transformative $1.2 billion redevelopment of the former 27-acre Brooklyn Developmental Center property in Brooklyn’s East New York neighborhood.