Member News

MassHousing said it closed on $9 million in financing to Dakota Partners, Inc., to support the development of Phase I of the Woodland Cove affordable rental housing community in Wareham, MA.  

Standard Communities said it is completing extensive energy efficiency upgrades at Polyclinic Apartments, a 151-unit, 100 percent affordable community at 341 West 50th Street in Manhattan.

Dominium announced the closing of the land sale to build a new 331-unit affordable housing development for seniors in Kissimmee, FL. 

Local Initiatives Support Coalition announced that Jennifer Maddox, undersecretary of the Massachusetts Department of Housing and Community Development, received the 2021 LISC Community Impact Award in recognition of her leadership of the statewide Eviction Diversion Initiative.  

Cinnaire announced the promotion of Josh Ghena to senior vice president, equity business funding, and Mike Witt to senior vice president of asset management.

Community Preservation Partners announced the appointment of Belinda Oakes as chief financial officer.

Community Preservation Partners announced the acquisition of Chandler Ridge Apartments, a 228-unit mixed-income community in Raleigh, NC for $26 million.

Hunt Capital Partners, in collaboration with co-developers Brenham Housing Authority and Brazos Trace Brenham LLC, announced it has closed on $10.46 million in LIHTC financing for Fairview Terrace, an environmental social governance investment. 

WinnDevelopment executives and the Argus Ellison Development team of Owen Tonkins and Daryll Tyson joined with Paterson Mayor André Sayegh and a host of New Jersey leaders to celebrate the start of construction on a $26 million project to develop 74 units of affordable housing centered around the site of the 19th century Argus Mill in Paterson’s Great Falls Historic District. 

The Michaels Organization announced it has named two new regional vice presidents for its affordable development team. Both are the results of internal promotions.   

Hunt Capital Partners announced it has committed $19.8 million in Federal and State LIHTC equity financing for Kaiāulu O Haleleʻa II located in Kīhei, Hawaiʻi, on the island of Maui.

Merchants Capital announced that Barbara Girard has joined the firm as executive vice president of asset management and servicing, based in Dallas, TX.