Member News
Hunt Capital Partners Provides $19.12 Million in LIHTC Financing For 204-Unit New Mexico Development
In partnership with Palindrome Properties, Hunt Capital Partners (HCP) announced the closing of $19.12 million in Federal LIHTC equity financing for the new construction of Trailhead at Chamizal. Located in Albuquerque, NM, Trailhead at Chamizal will provide 204 units in three mid-rise, garden-style buildings situated on 6.12 acres of land.
B’nai B’rith Housing’s The Machon Named 2022 Vanguard Award Winner
B’nai B’rith announced that The Machon has won a National Design Award.
Hunt Capital Partners Invests in Denver Affordable Housing Development to be Named After Historical Pioneer, Businesswoman and Philanthropist Clara Brown
In partnership with nonprofit developer, Mile High Ministries, Hunt Capital Partners announced the closing of $11.2 million in Federal LIHTC and solar investment tax credit equity, as well as $2.8 million in state LIHTC equity financing for the new construction of Clara Brown Commons.
ARHA Selects WinnCompanies to Transform Ladrey Public Housing Building into New State-of-the-Art Community
The Alexandria Redevelopment and Housing Authority (ARHA) announced the selection of a WinnCompanies and IBF Development, a local minority-owned firm, for the redevelopment of the Ladrey High Rise public housing building, an 11-story, 170-unit property that houses primarily seniors and residents with disabilities in Alexandria, VA.
NTCIC’s Irvin Henderson Main Street Revitalization Fund Invests in Expansion of Buffalo-Based West Side Bazaar
The historic Illinois Alcohol Company Building in Buffalo, NY announced it will soon become the new home of the West Side Bazaar, thanks in part to a $1.75 million New Markets Tax Credit allocation from NTCIC’s Irvin Henderson Main Street Revitalization Fund.
Tapestry and Vizion Driven Are Joining Forces
Tapestry Development Group and Vizion Driven Communities announced that their organizations have merged.
Woda Cooper Companies Celebrates Sparrow Ridge with Ribbon-Cutting
Woda Cooper Companies celebrated the ribbon-cutting ceremony for Sparrow Ridge, a new affordable community with 96 apartments for residents age 55 or older who earn between 30 and 80 percent area median income.
KeyBank Expands Affordable Housing Syndication Platform with the Addition of Mary Ann Lang
KeyBank Community Development Lending and Investment (CDLI) announced it has appointed Mary Ann Lang to senior vice president of business development.
Dakota Closes on Final Two Phases of Brady Square in Richmond, VA
Dakota Partners announced it has completed another critical milestone in the Brady Square project by completing the financing and approvals for the final two phases of the project.
National Multifamily Housing Council Names Sharon Wilson Géno President
The National Multifamily Housing Council (NMHC) announced that Sharon Wilson Géno, a 30-year veteran of the housing industry, has been named as the organization’s president-elect effective October 11.
PNC Bank Closes $181M Fund to Develop and Rehabilitate Affordable Housing for Families and Seniors
PNC Bank, N.A., announced the closing of a $181 million fund to be used to develop and rehabilitate affordable rental housing for families and seniors.
Holladay Ventures Announces Mixed-Use Development in Goodlettsville
Housing developer Holladay Ventures announced a 311-unit mixed-use development project consisting of one-, two- and three-bedroom apartments and 11,200 square feet of commercial and retail space at 619 North Main St Goodlettsville, TN 37072. Stone Bridge Lofts is expected to break ground in October 2022 and finish construction Summer of 2024.