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Five affordable housing developments receive tax credits from state

Five Pittsburgh affordable housing developments were among the 39 projects around the state to receive tax credits. The five projects are a 35-unit development in Larimer by McCormack Baron Salazar/Allies & Ross Development, which includes the re.....»»

Category: topSource: bizjournalsJul 11th, 2019

Affordable apartments in Milwaukee"s Riverwest, Harbor District contend for tax credits

Developments with more than 1,000 new apartments are among this year’s competitors for the much-sought after state and federal affordable housing tax credits......»»

Category: topSource: bizjournalsJan 11th, 2021

Triangle counties receive more than $10M to fund affordable housing

Three Triangle Counties were among dozens across the state to receive tax credits and other financial awards to build affordable housing for those in need......»»

Category: topSource: bizjournalsAug 15th, 2019

Affordable apartments near Brady Street among 2020 tax credit winners

More than 400 apartments would be built for low-income renters in Milwaukee County under Tuesday’s award of the limited, and much coveted, state and federal affordable housing tax credits.  The Wisconsin Housing and Economic Development Authority .....»»

Category: topSource: bizjournalsApr 28th, 2020

State, city set to inject $3 million into housing in Over-the-Rhine

The state of Ohio and the city of Cincinnati are set to allocate $3 million in new housing tax credits over the next three years into Over-the-Rhine, with the goal of building up to $30 million in affordable housing there......»»

Category: topSource: bizjournalsMay 14th, 2019

Tax credits to support 620 new and renovated housing units in Central Ohio

Ten housing developments around Central Ohio have landed tax credits. The Ohio Housing Finance Agency voted Wednesday to award its 2018 Housing Tax Credits to 37 projects around the state, including 10 in Central Ohio. The funding will substanti.....»»

Category: topSource: bizjournalsMay 18th, 2018

Cuomo picks winners for Brooklyn affordable housing RFP

The governor’s office has selected four affordable housing projects in Central Brooklyn to receive state f.....»»

Category: realestateSource: realestateweeklyNov 30th, 2018

Preschool, housing, taxes top Ige"s agenda in State of the State: Slideshow

Gov. David Ige’s plans for the first year of his second term include a plan to roll out a statewide preschool program in public elementary schools, developing affordable housing on state land and changing the method by which the counties receive money.....»»

Category: topSource: bizjournalsJan 22nd, 2019

New Excelerate Housing proposal in Elk Grove has familiar look

Though the state of California is still litigating with Elk Grove over the latter's 2022 rejection of an affordable housing proposal, the proponent for that project has moved on......»»

Category: topSource: bizjournalsApr 18th, 2024

South Side, Grove City developments land $25M infusion from CMHA

Affordable housing Columbus' South Side and Grove City will move forward, thanks to housing authority funding......»»

Category: topSource: bizjournalsApr 17th, 2024

Developer enters Puget Sound market with plans for 2 apartment projects

Indianapolis-based real estate developer TWG has announced plans for two affordable housing developments in King County totaling 375 units. A project called 192 Shoreline will have 250 apartments in a seven-story development at 19022 Aurora Ave. N. .....»»

Category: topSource: bizjournalsMay 3rd, 2021

Council approves up to $25.8M for 14 affordable-housing developments across Charlotte

Charlotte City Council has signed off on spending up to $25.8 million from the Housing Trust Fund for 14 proposed new affordable-housing projects......»»

Category: topSource: bizjournalsApr 27th, 2021

San Jose mourns the loss of Charles Davidson, an early advocate and builder of affordable housing

Davidson built thousands of affordable homes, helped write San Jose's city charter and donated more to San Jose State University than anyone else......»»

Category: topSource: bizjournalsMar 30th, 2021

Department of Hawaiian Homelands to receive $5M for Native Hawaiian housing assistance

The new federal funding will be used to help provide affordable housing options for Native Hawaiians living on and off the Home Lands amid the Covid-19 pandemic......»»

Category: topSource: bizjournalsMar 26th, 2021

In One Chart: This state has the least affordable housing market in the U.S. based on income — and it’s NOT California

There are only three states nationwide where more than half of the households could afford to buy a median-priced new home......»»

Category: topSource: marketwatchMar 20th, 2021

Kansas City Council postpones vote on ordinance tying apartment incentives to affordable housing

In recent weeks, representatives from local community groups, development and construction companies have submitted testimony regarding proposed legislation that would tie incentive deals for new apartment developments to affordable housing floors......»»

Category: topSource: bizjournalsJan 21st, 2021

Hawaii to receive $12M in federal housing grants for COVID-19 response

Hawaii is set to receive $12 million in federal grants from the Department of Housing and Urban Development for the state's COVID-19 response and recovery efforts for residents experiencing homelessness. The HUD grants include a combination of C.....»»

Category: topSource: bizjournalsApr 2nd, 2020

Developer: As riverfront project gets sidelined, affordable housing needs only grow

Missouri failed to include Prairie Fire Development's 57-unit project in the state's low-income housing tax credit. But developer Kelly Hrabe remains undeterred......»»

Category: topSource: bizjournalsMar 25th, 2020

Mayor Walsh"s $500M affordable housing plan faces a test on Beacon Hill

A majority of the $500 million would come from a real-estate transfer tax, which requires approval by state legislators. But that's far from a sure bet......»»

Category: topSource: bizjournalsMar 6th, 2020

Wonder project"s success reflects growing viability of Troost developments

Exact Partners redeveloped an old manufacturing facility as the Wonder Shops and Flats. With a waiting list since its opening and the addition of retail tenants, the affordable housing project is thriving......»»

Category: topSource: bizjournalsMar 4th, 2020

Brooklyn hotel abusing affordable-housing tax breaks, AG says

Brooklyn business hotel, Novo Boutique Living, has dug in against a state Attorney General affordable-housing tax fraud investigation, refusing to hand over key documents in the case, according to... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 19th, 2020