Member News
Standard Communities Expands C-Suite with Appointment of Feras Qumseya as Chief Development Officer
Standard Communities has named Feras Qumseya as its chief development officer.
Proctor Place to Provide 61 New Affordable Apartments, Including 15 Units for Homeless Veterans in Indianapolis
Proctor Place to Provide 61 New Affordable Apartments, Including 15 Units for Homeless Veterans in Indianapolis
State and Local Officials to Celebrate Completion of Massive $118 Million, 335 Apartment Affordable Housing Preservation Project
State and Local Officials to Celebrate Completion of Massive $118 Million, 335 Apartment Affordable Housing Preservati
Historic Fort Snelling Upper Post Gains New Life as Affordable Housing for Veterans
Fort Snelling’s Upper Post—a historic army barracks, which hosted soldiers in both world wars—is now home to an affordable housing community for veterans, service members and first responders, according to a press release.
Merchants Capital Finances $15MM+ for Affordable Senior Property in East Chicago, Indiana
Merchants Capital announced it has secured a $15.5 million HUD loan for Lakeshore Manor in East Chicago, Indiana.
Cinnaire Closes $211 Million Affordable Housing Fund
Cinnaire announced the closing of a $211 million LIHTC Equity Fund with capital raised from 15 institutional investors.
MassHousing Closes on $25.9M in Financing for Redevelopment of Historic Stone Mill in Lawrence into a Low Carbon, High Energy Efficient Housing Community
MassHousing Closes on $25.9M in Financing for Redevelopment of Historic Stone Mill in Lawrence into a Low Carbon, High Energy Efficient Housing Community
Cinnaire Awarded $55 Million New Markets Tax Credit Allocation from CDFI Fund
The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded Cinnaire a $55 million New Markets Tax Credit (NMTC) Allocation.
Hunt Capital Partners Provides $14 Million In LIHTC Financing for 116-Unit Texas Development
In partnership with O-SDA Industries, Travis County Housing Finance Corporation, and Saigebrook Development, Hunt Capital Partners (HCP) announced the closing of $14.1 million in Federal LIHTC equity for the construction of Saison North.
Standard Communities Accelerates Growth as it Launches New Business Lines, Acquisitions and Continues Attracting Top-Tier Talent
Standard Communities announced that it’s established three new, diversified business lines to build on its success of providing high-quality, healthy, environmentally sustainable housing.
Cinnaire Granted Five Affordable Housing Program Awards By the Federal Home Loan Bank of Chicago
Cinnaire announced the award of $3,225,000 Affordable Housing Program (AHP) grants from the Federal Home Loan Bank of Chicago (FHLBank Chicago).
Vitus to Preserve Trio of Affordable Housing Properties in Sacramento
Vitus announced the acquisition of River City Trio in Sacramento.