Member News
National Equity Fund and Cinnaire Become Equity Partners in CPC Mortgage Company to Form Industry’s Only Impact-Driven Multifamily Mortgage Lender
The Community Preservation Corporation, National Equity Fund and Cinnaire announced their joint partnership with CPC Mortgage Company, a national mortgage lending company specializing in multifamily Agency finance products.
Villón-Maga Closes Key Early-Stage Financing for First Round Blue Hill Avenue Deal
Local Initiatives Support Corporation Boston announced that it has closed on critical early-stage financing for DVM Consulting Corp, the development company launched by Dariela Villón-Maga to build affordable housing on five city-owned parcels near the intersection of Blue Hill Avenue and Fabyan Street in Mattapan.
Ribbon-Cutting Celebrates New Mixed-Use Affordable Housing in Downtown Portsmouth Named in Honor of Late Mayor James Holley III
A ribbon-cutting ceremony celebrates the opening of Holley Pointe at 622 Effingham Street in downtown Portsmouth.
Dominium Announces the Land Closing for New Affordable Senior Housing Development in Orlando
Dominium announced the closing of the land sale to construct Sandpiper Glen, a new senior housing development located off Donnybrook Drive in Orange County, FL.
Dominium Distributing More Than $1.4 million in Scholarship Awards in 2022
Dominium announced it is distributing over $1.4 million in scholarship awards to its residents, employees, and their dependents through Opportunity’s Front Door, the Dominium scholarship program.
KeyBank Invests in Real Estate Job Fund for Underserved Communities
KeyBank announced its continuation to expand in the affordable housing and CDFI space with the investment of $1.75 million in The Good Jobs Fund. The Good Jobs Fund, created by CEI Ventures, will create economic opportunities in hard-to-serve markets and ensure that good jobs are created for overlooked populations and communities.
Harkins Promotes Mark Kelehan to Vice President of Affordable Housing
Harkins announced the promotion of Mark Kelehan to the position of vice president of Affordable Housing. Kelehan began his career at Harkins as an assistant site manager trainee in 1989.
USA Properties Fund Becomes A Partner in Two Affordable Apartment Communities and Plans $8M Rehab of Properties
USA Properties Fund announced it has become a partner in two affordable apartment communities in fast-growing Reno, ensuring that low-income residents can remain in their homes – and will also soon enjoy the results from a multimillion-dollar rehabilitation of the properties.
Standard Communities’ Jessica Mackenzie Named a Financial Woman of Influence by GlobeSt. Real Estate Forum
Jessica Mackenzie, senior director of Capital Markets at Standard Communities, was named a GlobeSt. Woman of Influence in the Finance Executive category.
Dominium Announces the Hiring of Two Female Executive Leaders
Dominium announced the hiring of two highly respected female leaders to executive positions with the company.
Dakota Secures Financing for Phase 1 of the Rail Yard in Concord, NH
Dakota Partners announced it has secured all financing and approvals to close on Phase 1 of The Rail Yard, a new affordable housing apartment community that will feature housing for local residents earning between 30 and 60 percent of the Area Median Income.
KeyBank Continues to Expand its Community Development Lending and Investment Team Nationwide
KeyBank Real Estate Capital has appointed three new relationship managers focused on affordable housing to expand community development lending and investment (CDLI) activity in the Southeast and Northwest.