Member News

Fairstead and LIHC Investment Group announced a new ground-up development proposal for a mixed-income building at Essex Plaza in Newark, NJ. The six-story, 365,000-square-foot proposed development would consist of 241 residential apartments, ground-floor commercial and amenity space and underground parking. The development would be built as part of New Jersey’s Clean Energy Program, taking a […]

Dominium announced today the closing of the land sale for its tenth new affordable housing development in the state of Georgia. Located in unincorporated DeKalb County, The Meridian will provide 217 affordable apartment homes to the Atlanta metropolitan area once constructed. Development Partners for The Meridian include Winthrop & Weinstine, Kutak Rock, Commercial Partners Title, […]

Rockport Mortgage of Gloucester, MA, announced the closing of a $42.4 million, HUD Section 223(f) refinance loan in Lowell, MA. The transaction will preserve affordability at the rental housing development for 39 years. Market Mill Apartments is a 230-unit affordable housing community serving seniors and families located at 246 and 256 Market Street. The development, […]

On Earth Day, April 22, Fairstead released its first ESG report.

KeyBank Real Estate Capital has appointed Brad Tucker to senior mortgage bank to expand community development lending and investment activity, with a focus in affordable housing.

KeyBank Real Estate Capital (KeyBank) provided a $15.2 million Freddie Mac, fixed-rate, Tax-Exempt Loan for Hampstead Midshore Manor Partners (Hampstead) to acquire and rehabilitate an affordable housing apartment community in Midvale, UT.

Dominium announced the closing of the land sales for two new affordable housing communities in Phoenix.

The National Association of Local Housing Finance Agencies (NALHFA) announced its Award of Excellence honorees during its Annual Business Meeting and Award of Excellence Recognition event during the NALHFA Annual Conference held in New York City. 

According to a 2021 report from the National Low Income Housing Coalition, the U.S. has a shortage of 6.8 million affordable rental homes.

Join APAH, Fairfax County, the Fairfax County Redevelopment and Housing Authority (FCRHA), and Virginia Housing today, Tuesday, May 3rd at 2:30 p.m. to learn about Dominion Square, a project in Tysons Corner.

Standard Communities has been recognized as a 2022 “Great Place to Work” based entirely on feedback from its employees.

Rockport Mortgage of Gloucester, MA, announced the closing of a $21.3 million, HUD Section 223(f) refinance loan in Medfield, MA.