Member News

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

Cedar Court residents, state and local government officials, and representatives from Red Stone Equity Partners, Webster Bank, CHFA, and HUD celebrated the completion of Cedar Court’s renovations. The senior housing community consists of 91 one-bedroom apartments, a community center, and multiple courtyards. All guests enjoyed the afternoon with pizza and ice cream.

McCormack Baron Salazar is the on-site housing developer for projects in Tulsa, OK and Baltimore, MD. 

The $30 million HUD Grant, the first ever awarded to a community in Arizona, will leverage $185 Million of additional funding to provide over 1,000 families with new, high-quality, affordable and market-rate housing, along with significant neighborhood improvements.

CBRE Group, Inc. announced that Sarah Garland has joined CBRE Affordable Housing as Director, Capital Markets, Affordable Housing Production. One of the foremost industry specialists in affordable housing finance, Ms. Garland will join CBRE Affordable Housing’s Debt & Structured Finance team and will be responsible for supporting origination of affordable and workforce housing debt financing. […]

Effective June 1, Greg Voyentzie has assumed the role of CEO for Boston Financial Investment Management (Boston Financial), after serving as an Executive Vice President for the company.

The transaction will preserve 805 affordable units in Houston, TX.

Nixon Peabody recently announced the arrival of Kathie Soroka as counsel to the firm’s Affordable Housing and Real Estate practice in New York City. Kathie is one of the nation’s foremost professionals in the Rental Assistance Demonstration (RAD), having been a key player in the development of the program’s structure while she served as Senior Counsel to the General Counsel of the U.S. Department of Housing and Urban Development (HUD).

In January, Pennrose, Hunt and Acacia Network were selected to address over $400 million in capital needs across NYCHA’s portfolio. Mayor de Blasio announced the expanded redevelopment plans in a press conference held June 25.

The mapping tool currently under development will identify underutilized public and tax-exempt sites throughout King County, Washington.

Operation Pathways, Inc. has been selected as the first Certified Organization for Resident Engagement & Services (CORES) by the Stewards of Affordable Housing for the Future (SAHF). The CORES Certification recognizes organizations that have “developed a robust commitment, capacity, and competency in providing resident services coordination in affordable rental housing.”

Beacon Communities will host a groundbreaking ceremony at 2 p.m. on June 14 with state and local officials and community members for a long-awaited mixed-use development at North Square at The Mill District.

Riverside Capital, a national tax credit syndicator, today announced the addition of three new executives to its team: Drew Ries, Joshua Levy, and Matthew Haas.