Member News

USA Properties Fund said it has started construction on Sage at Folsom, bringing much-needed affordable senior housing at a “market-rate location” to one of the fastest-growing and highest-rated livable cities in California. 

Hunt Capital Partners announced the closing of $8.9 million in Federal LIHTC equity financing for the new construction of Woodland Cove Apartments in Wareham, MA.  

The Local Initiatives Support Corporation announced that Denise Scott will serve as its new president.

Dominium announced the closing of the land sale to construct a new seven-story affordable housing development located at 900 Dickerson Pike, just north of downtown Nashville. 

Priscilla Almodovar, president and CEO of Enterprise Community Partners, announced that Lori Chatman will serve as the new president of the capital division.

BRIDGE Housing has named Kenneth T. Lombard as the new president and CEO effective November 15, the company announced.  

The New Hampshire Housing Board of Directors has named Robert Dapice as executive director/CEO of the organization, as of Jan, 1, 2022.

Community Preservation Partners announced it completed renovations on three family-focused communities in Arizona.

Merchants Capital announced the closing of $102 million in combined debt and equity financing to support the redevelopment of Granada Senior Apartments.

Developer Woda Cooper Companies, in conjunction with co-developer nonprofit Parallel Housing, Inc., announced that Stanley Terrace, a 60-unit general occupancy affordable development in Plainfield, IN, was allocated LIHTC through the Indiana Housing & Community Development Authority.  

WinnCompanies said it plans to open a 70-unit apartment community for military veterans, including those transitioning from homelessness, and it will be one of the first private veterans’ communities in the United States to offer rental housing to former service members at a range of incomes along with comprehensive services, including a program to help move veterans toward homeownership. 

California Housing Finance Agency (CalHFA) said its bond recycling program has steadily gathered interest from local government partners, as well as affordable housing developers, leading to an announcement of local partnerships with San Diego and San Francisco.