Member News
MassHousing Awards $300,000 in Grant Funding for Sober Affordable Housing
MassHousing awarded $300,000 in Center for Community Recovery Innovations, Inc. grant funding to two nonprofit organizations in Bellingham and Lowell supporting men and veterans impacted by substance use disorder for 39 units of sober affordable housing.
Cruz Companies Receives LIHTC Funding and Subsidies for One Waverly
Cruz Companies received LIHTC funding and Massachusetts Executive Office of Housing and Livable Communities subsidies for One Waverly, a 52-unit affordable housing development in Roxbury, Massachusetts.
MassHousing Closes $50 Million in Financing for Phase One of Campello Apartments Redevelopment
MassHousing closed on $50 million in financing for the first of three phases of the redevelopment of the Campello Apartments public housing campus in Brockton, Massachusetts: the construction of a seven-story, 144-unit building.
Merchants Capital Celebrates $700 Million in Fund Investments During 2025
Merchants Capital announced more than $700 million in fund investments closed across the firm’s multi-investor, proprietary and state credit offerings for the year ended Dec. 31, 2025.
Ulysses Development Group Closes on Financing for Salt River Flats 2 Development
Ulysses Development Group announced the financial closing of Salt River Flats 2, a 168-unit affordable housing development in Phoenix, Arizona.
WinnDevelopment Starts $26 Million Renovation of Carroll Street Houses
WinnDevelopment, ART-JIUS Enterprises, and Rising Dove Carroll Street Houses, a non-profit affiliate of Paterson’s Second Baptist Church, announced the start of a phased, $26 million renovation of the 88-unit Carroll Street Houses affordable community in Patterson, New Jersey.
Churchill Stateside Group Provides $1.43 Million Loan for The Covenant Senior Housing
Churchill Stateside Group provided a $1.43 million USDA-RD 538 permanent loan for The Covenant Senior Housing, a newly constructed 68-unit senior apartment community in Castle Hayne, North Carolina.
MassHousing and Just A Start Announce Financing for 24 Webster Avenue
MassHousing and Just A Start announced the closing of financing for 24 Webster Avenue in Union Square in Somerville, which will deliver 43 affordable homes on a vacant commercial space.
Dominium Announces Acquisition of Land for Pritchard Woods Community
Dominium announced the acquisition of land for a new 167-unit senior affordable housing community in Clayton, North Carolina: Pritchard Woods.
Dominium Acquires Land for Evermere at Trinity Community
Dominium announced the acquisition of land for a new 233-unit affordable housing community in Nashville, Tennessee: Evermere at Trinity.
Merchants Capital Celebrates Total Production Volume of $2.65 Billion in 2025
Merchants Capital announced a total production volume of $2.65 billion for 2025, setting a new benchmark for debt investments in multifamily affordable housing.
WinnDevelopment Announces Acquisition and Renovation of The Somerhill
WinnDevelopment announced the acquisition and renovation of a 97-unit mixed-income 55+ community in Somerville, Massachusetts to be renamed The Somerhill.