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Former Hawaii state senator "pretty amazed" by affordable housing funding
The former state senator from Kaneohe said he was “pretty amazed†when lawmakers took his suggestion to put $200 million into the Rental Housing Trust Fund as part of legislation dubbed the “Bob Nakata Act.â€.....»»
$851 million Austin bond package would fund affordable housing, parks
An $851 million bond that could go before Austin voters this November would funnel money to affordable housing efforts, parks, city-owned buildings and other infrastructure. Austin City Council on Tuesday got its first chance to check out the proposed bo.....»»
State invites investors to get a taste of secret sauce Greystone is serving up in Georgia
Greystone Affordable Development has closed a $168.6 million multifamily housing transaction .....»»
National model for co-locating housing and healthcare opens in Brooklyn
CAMBA Housing Ventures (CHV) and CAMBA have opened CAMBA Gardens Phase II (CGII), the $100 million LEED Gold sustainable, supportive, and affordable housing development in the Wingate section of Brooklyn. A national model for co-locating .....»»
Kaiser Permanente commits $200 million to fight homelessness and support affordable housing
Kaiser Permanente has pledged up to $200 million to fight homelessness and support affordable housing in one of the biggest individual financial commitments on the issue from a private enterprise. While it’s currently unclear what exact programs will.....»»
Surprise city commitment spurs $25M loan fund for South Side affordable housing
A $25 million loan fund will finance rehabbing and building as many as 170 affordable homes and apartments near Nationwide Children's Hospital just south of downtown. The fund developed and structured by the Ohio Capital Finance Corp. more than doub.....»»
Phoenix to use $30 million federal grant to build affordable housing near downtown
The city of Phoenix is planning affordable income housing project near downtown, courtesy of a $30 million federal grant. The project, funded by the U.S. Department of Housing and Urban Development will be built in the Edison-Eastlake community ne.....»»
Portland to fund affordable housing and mental health services
The Portland Housing Bureau is teaming with three other public agencies to provide more than $12 million for projects that combine housing and mental health services to combat chronic homelessness. Portland Mayor Ted Wheeler and Multnomah County C.....»»
Ryan Cos. sues church and nonprofit for $2.3 million
A $35 million project intended to provide affordable housing and retail space near U.S. Bank Stadium has became entangled in litigation. Ryan Cos. US Inc. is suing Community Housing Development Corp. and First Covenant Church Minneapolis, claiming it'.....»»
Baltimore affordable housing trust fund inches closer
A $20 million trust fund to help build affordable housing in Baltimore moved a step closer to reality Monday. The City Council voted to move legislation to establish the fund to final approval after six months of examination and debate to find a wa.....»»
Metro region gives the thumbs-up to $652.8M affordable housing bond
Portland-area homeowners are apparently ready to open their wallets a little wider to help fund affordable housing projects for the region. Voters were well on their way to passing Metro's $652.8 million affordable housing bond on Tuesday night, accord.....»»
Rose secures $64m loan to renovate Grace West affordable homes
Jonathan Rose Companies announced a new Low Income Housing Tax Credit (LIHTC) Partnership that will utilize approximately $64 million in FHA 223(f) permanent financing from Key Bank and $28 million in LIHTC equity from Bank of America to revitali.....»»
$6M deal will preserve affordable housing on Westside
The Westside Future Fund quietly acquired the 55-unit "Villas at the Dome†in late August. It paid $6.2 million for the almost 30-year-old garden apartments and adjacent land, according to Fulton County real estate records......»»
Affordable housing project receives $87M
A planned project that will rehabilitate more than 400 affordable housing units has received a financial boost. KeyBank Real Estate Capital and KeyBank Community Development Lending and Investment (CDLI) have provided $87 million in financing to Relate.....»»
Fifth Third makes largest-ever donation to Cincinnati nonprofit
Fifth Third Bancorp will invest $5 million in the Cincinnati Development Fund through the Fifth Third Community Development Co. LLC, marking the largest single investment the local nonprofit has ever received. The donation is part of downtown-based Fi.....»»
Microsoft pledges $500 million for affordable housing in Seattle area
The move is the most ambitious effort yet by a tech company to fund construction for local teachers, firefighters and other middle- and low-income residents......»»
Microsoft pledges $500 million for affordable housing in Seattle area
The move is the most ambitious effort yet by a tech company to fund construction for local teachers, firefighters and other middle- and low-income residents......»»
Malcolm Shabazz Harlem Market redevelopment, affordable housing planned in Central Harlem
The Malcolm Shabazz Harlem Market is planned to be redeveloped as part of an affordable housing development in Manhattan's Central Harlem neighborhood......»»
Permits submitted for Cambrian Park affordable housing development
Multi-family residential building will include nine studios, 30 one-bedroom, 26 two-bedroom and 25 three-bedroom apartments......»»
"Million Dollar Listing" star argues Beverly Hills has no room for affordable housing: ‘Doesn’t pencil out’
Real estate expert Josh Altman reacts to the building permit moratorium placed by an L.A. County Superior Court Judge to improve affordable housing......»»