Member News

WNC announced it has closed WNC Institutional Tax Credit Fund 52 LP (WNC Fund 52).

Hunt Capital Partners, in collaboration with local nonprofit Brookmore Apartment Corporation, announced the closing of $10.13 million in Federal LIHTC equity financing for the acquisition and rehabilitation of Towne Square Apartments, according to the press release. 

KeyBank Real Estate Capital announced the appointment of Raymond Li as a senior mortgage banker, in the New York City office, focused on affordable housing to expand community development lending and investment activity in the Northeast.

Announced in a recent press release, co-developers Healthy Homes—affiliated with Community Development for All People and Nationwide Children’s Hospital—and Woda Cooper Companies, Inc. hosted a ceremonial groundbreaking event for development partners, community supporters and other stakeholders of Lockbourne Greene, a new high-quality affordable housing option with an onsite early learning center.

Massachusetts Housing Investment Corporation (MHIC) excitedly announced the launch of its next Low-Income Housing Tax Credit Equity Fund to provide much-needed capital for new construction and rehabilitation of affordable housing properties across Massachusetts, Connecticut and Rhode Island.

KeyBank announced its securitization of $118 Million for Everett Housing Authority to acquire affordable multifamily housing property Huntington Park, in Everett, WA.

In a recent press release, Standard Communities announced seven promotions and new hires, reflecting robust growth in its business.

The Architectural Team announced, in a press release, the completion of Sibley Square – a mixed-use complex encompassing more than 1 million square feet in downtown Rochester, NY.

Conifer Realty announced the promotion of three long-time employees into strategic leadership positions.

KeyBank Community Development Lending and Investment announced in a recent press release, the provision of a $74 million high leverage bridge loan for SDG Housing Partners, an affordable housing development company based in Manhattan Beach, CA, to acquire and preserve a portfolio of four Section 8 subsidized affordable housing properties in Tennessee.

JLL Capital Markets announced that it has arranged the $15 million subordinate loan from The Amazon Housing Equity Fund for the acquisition of 192 Shoreline, an affordable, 250-unit, mid-rise multi-housing development in the suburban Seattle community of Shoreline, WA.

USA Properties Fund announced it has started construction on College Creek, an affordable apartment community in Santa Rosa that will provide much-needed housing to residents that earn a range of income levels under a new state program.