Member News
Lument Provides $25 Million in Short-Term Bonds and $22.1 Million in Permanent Financing
Lument announced the successful underwriting of $25 million in short-term bonds and the closing of a $22.1 million Freddie Mac unfunded forward loan as part of a financing structure that allows DHA Housing Solutions for North Texas (DHA) and the Volunteers of America National Services (VOANS) to develop The Oaks, a mixed-income seniors housing community in Dallas, TX.
Dominium Announces Closings of The Promenade and Willow Place
Dominium announced that it has closed on The Promenade and Willow Place, located at 150 South Zack Hinton Pkwy. in McDonough, GA.
Dominium Hires Michael Voss as Director of Communications
Dominium announced that it has hired Michael Voss to serve as its director of communications.
Department of Energy Awards $6.56 Million to WinnCompanies
WinnCompanies announced it has been awarded a $6.56 million grant from the U.S. Department of Energy (DOE) to work with Massachusetts’ housing and energy agencies on developing state-of-the-art clean technologies to dramatically improve energy efficiency in existing public and private apartment communities.
Merchants Capital Secures $71 Million Financing
Merchants Capital announced it has secured $71 million in total financing for Wildhorse Development, a market-rate, mixed-use luxury apartment and service retail complex located in Chesterfield, MO.
Richards joins MassHousing as VP of Equitable Business Development
MassHousing said that Tony Richards recently joined as vice president of equitable business development, a new position that works across the agency to increase the impact and reach of the business, particularly with people of color.
Merchants Capital’s Sharp Appointed to Board of AHTCC
Merchants Capital announced that Julie Sharp, senior vice president of tax credit equity, has been appointed to the Affordable Housing Tax Credit Coalition board of directors.
Merchants Capital Secures $18.2 Million for Two California Communities
Merchants Capital announced it has provided $18.2 million in total refinancing for Eden Housing, a nonprofit that has partnered with local communities to develop or acquire more than 10,600 homes in communities throughout California.
Ballard Spahr Names McClain Real Estate Department Chair
Ballard Spahr said it has named Amy M. McClain the new chair of the firm’s real estate department.
Wisconsin Announces Two Winners from LIHTC Innovation Round
The Wisconsin Housing and Economic Development Authority (WHEDA) announced nine percent Federal LIHTC awards for its 2021 Innovation Housing Tax Credit program.
X-Caliber Funding and CastleGreen Finance Close $94 Million C-PACE Financing
X-Caliber Funding and CastleGreen Finance announced the closing of a $94 million joint transaction as part of a multimillion-dollar renovation to reopen the Long Beach, CA landmark Breakers Hotel & Spa.