Member News

CAHEC announced it has partnered with J&A Management on closing its first investment in the state of Mississippi.

The company said that 601 units of existing affordable housing across 16 developments will be preserved and modernized. “The expertise, local knowledge and strong professional connections possessed by the entire J&A team were invaluable resources during the closing process,” the company said in the announcement. The company said it looks forward to the opportunity to make additional investments in Mississippi.

USA Properties Fund Inc. said it has started construction on Vintage at Woodman in Panorama City, CA, bringing affordable senior housing to the community.

CREA, LLC and MG Housing Strategies, a boutique advocacy firm, announced a strategic partnership intended to mutually benefit the affordable housing industry and partners of CREA. CREA said the partnership will provide guidance and information for individuals and affiliated organizations seeking to navigate the complicated environment of Washington, DC and Capitol Hill.

WinnCompanies announced it is launching a Housing Stability Program designed to cut eviction rates in half across the company’s owned and managed national apartment portfolio during the next five years, starting with a 25 percent reduction in 2021.

Local Initiatives Support Corporation announced that President and CEO Maurice A. Jones will leave the organization in March to take the helm of a new corporate venture focused on career pathways for Black Americans. Jones will remain on the board of directors as LISC moves forward with an ambitious agenda to address disparities based on race, class, gender and geography, the announcement said.

Law firm Applegate & Thorne-Thomsen PC has named several new team members. Joining as associates are Jordan Bryant, Charity Fort, and Ben Meyer.

Berkadia announced the continued expansion of its affordable housing platform with the addition of three mortgage bankers based in the Southeast. Managing Directors Jeff Lawrence, Heather Olson and Matthew Baptiste bring an average of 18 years of affordable housing financing experience to Berkadia’s robust Affordable debt platform, the company said in a press release. The […]

WinnCompanies said it has promoted six executives to top positions within the company’s financial, accounting, development and military housing leadership following their performance in 2020.

Following long tenures at two of the housing industry’s leading accounting and syndication companies, Bob Moss and David Gasson announced they are forming MG Housing Strategies (MGHS). In an announcement, the pair said they will bring their combined experience of 35 years in public policy and affordable housing to work in Washington, DC.

USA Properties Fund Inc. said in an announcement it is celebrating its 40th anniversary of creating outstanding communities – providing much-needed quality housing for residents, developing life-changing social-services programs, and investing in and revitalizing neighborhoods in California and Nevada.

FOR IMMEDIATE RELEASE WASHINGTON (Jan. 29, 2021) – National Housing & Rehabilitation Association (NH&RA) today sent a letter to the Senate Committee on Banking, Housing and Urban Affairs leadership supporting President Joe Biden’s nomination of Rep. Marcia Fudge to serve as secretary of the U.S. Department of Housing and Urban Development (HUD). “We are in […]

The Michaels Organization announced it is expanding its leadership team with the addition of a new Vice President of Acquisitions, Kunal Chothani. TMO said in a press release that Chothani will focus on affordable acquisitions as well as identifying land for new affordable development opportunities.