Member News
Rockport Mortgage Announces $42.4M in Financing for Lowell, MA Affordable Housing Property
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, […]
ESG at Fairstead
On Earth Day, April 22, Fairstead released its first ESG report.
KeyBank Real Estate Capital Appoints Brad Tucker to Senior Mortgage Banker
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 Provides $29M for Affordable Housing Property in Utah
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 Announces Land Closing for Two Affordable Housing Developments in Phoenix
Dominium announced the closing of the land sales for two new affordable housing communities in Phoenix.
NH&RA Members Among NALHFA 2022 Award of Excellence Honorees
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.
X-Caliber Capital Releases Special Affordability Report
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.
APAH: Stream the Dominion Square Announcement Today at 2:30 p.m. ET
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 Certified as “Great Place to Work”
Standard Communities has been recognized as a 2022 “Great Place to Work” based entirely on feedback from its employees.
Rockport Mortgage Announces $21.3M in Financing for Medfield, MA Mixed-Income Housing Property
Rockport Mortgage of Gloucester, MA, announced the closing of a $21.3 million, HUD Section 223(f) refinance loan in Medfield, MA.
Cinnaire Closes $145M in Committed Capital for Development of Affordable Housing in Five States
Cinnaire announced the closing of a $145 million LIHTC equity fund that will finance the development or preservation of more than 1,600 affordable homes in five states. Nineteen investors are participating in the fund.
JLL Capital Markets Welcomes Jillian Grzywacz to the Affordable Housing Production Team
JLL Capital Markets announced that it has welcomed Senior Director Jillian Grzywacz to its affordable housing production team.