The financing will be used to build Union Flats, a 217 -
unit affordable housing property in St. Paul.
This article mentions Nixon Peabody as Millennia Housing Development's Department of Housing and Urban Development counsel in its acquisition of a 303 -
unit affordable housing property in Maryland for $ 30.5 M.
Not exact matches
MJM Construction's website is no longer online, but an archived version described their plans for the
property: a 91 -
unit «
affordable housing complex» in a seven - story elevator building.
Reyna, an advocate for
affordable housing, recently pushed an agreement with Rheingold Brewery developer Read
Property Group to include «permanently
affordable»
housing units in the Bushwick building.
Tax breaks at One57 cost the city $ 65.6 million in
property tax revenue, for instance, while creating just 66
affordable housing units in the Bronx, according to a recent report from the city's Independent Budget Office.
It also includes $ 125 million in credits to create and preserve
affordable rental
properties in New York State — which brought applause from Mayor Bill de Blasio, who has an ambitious plan to build and maintain 200,000
units of below - market
housing citywide.
He has developed and renovated numerous
properties, creating hundreds of
units of
affordable housing while also growing small businesses.
The number of apartments allowed to be built on a one - acre
property doubled from 6 per acre to 12 per acre — with a 24
unit cap on each development — last year when the Town Board approved Mr. Russell's proposed code change aimed at encouraging
affordable housing.
Brooklyn, NY — October 6, 2016 — Today, the U.S. Department of
Housing and Urban Development (HUD) and the New York State Homes and Community Renewal (HCR) joined residents and development partners MDG Design + Construction (MDG), Hudson Valley
Property Group (HVPG), and Marien - Heim Tower Associates LP to celebrate the renovation of Marien - Heim Tower, a 181 -
unit affordable development for low - income seniors aged 62 and older.
City officials have banded together in a bid to stop
property developers from using large amounts of leverage to purchase
affordable housing units in...
The New York State Association for
Affordable Housing was floating a plan to give a 100 - percent exemption to properties with four or more units for 60 years, in exchange for an undefined amount of affordable housing, according to the Association for Neighborhood and Housing De
Affordable Housing was floating a plan to give a 100 - percent exemption to properties with four or more units for 60 years, in exchange for an undefined amount of affordable housing, according to the Association for Neighborhood and Housing Devel
Housing was floating a plan to give a 100 - percent exemption to
properties with four or more
units for 60 years, in exchange for an undefined amount of
affordable housing, according to the Association for Neighborhood and Housing De
affordable housing, according to the Association for Neighborhood and Housing Devel
housing, according to the Association for Neighborhood and
Housing Devel
Housing Development.
Nonprofit developer Phipps Houses wants to rezone a
property in the Soundview section of the Bronx to make way for a 220 -
unit affordable housing...
«The governor's proposal raises the city's cost in foregone
property tax revenue in order to subsidize construction workers» wages, without increasing the expected number of
affordable housing units,» she said.
The Seward Park Urban Renewal Area, a swath of empty
property south of Delancey Street, will get 450
affordable housing units as part of a major redevelopment project — and those
units will remain
affordable forever, city officials announced Tuesday.
MPI provides
property management services for over 8,500
units of mixed - use, market rate, and
affordable housing in Boston, MA, and across New England.
States should also promote inclusionary zoning policies, which provide
affordable, subsidized
housing units in scattered locations across wealthy neighborhood
properties.
Expanding the Land Trust portfolio to include 9 rental
units and 5 additional
properties to ensure
affordable single family
housing.
All of the
affordable properties, including the passive
house units, needed to achieve Code for Sustainable Homes level four.
Advised NYC - based
affordable housing developer Hudson Valley
Property Group on its joint venture to acquire a 1,000 +
unit housing portfolio in New Jersey
Foxwood Apartments is a 100 -
unit affordable multifamily
housing property that benefits from a long - term Section 8 HAP contract covering 100 percent of the
units.
The Greater Waterbury Board of REALTORS ® (Waterbury, Conn.): $ 5,000 to form a politically neutral initiative to review the demographics of the city and study the issues of blight, tax liens, and brownfields to find ways to redevelop the
properties into
affordable housing units.
KANSAS CITY, MO — Garrison Community Development, owner of the 224 -
unit Cold Storage Lofts
affordable housing property here has gained $ 11.8 million in first mortgage refinancing.
When it inured to their benefit, such as applying for a multi-family
property tax exemption that was created to help generate more
affordable housing units — they would use the number of bedrooms in a building.
The firm is in the midst of a major renovation at that 209 -
unit property, which includes both market - rate and HUD
affordable housing residences.
(Bloomberg)-- The Hidden Villa Apartments, a 61 -
unit complex in Beaverton, Ore., is the kind of
property investors love and
affordable -
housing activists ignore...
Forest City dedicated 20 percent of the
property's
units to
affordable housing.
The $ 46 million fund is focused on government - subsidized
affordable housing developments in California, including 800
units of
housing at 10
properties in spread across five California counties.
Avanath Capital Management, LLC, a private real estate investment manager that specializes in
affordable and workforce
housing, has acquired two
affordable multifamily assets, including Silver Springs, a 251 -
unit property in the Seattle metro suburb of Kent, Washington, as well as Oak Village, a 117 -
unit property in Oakland, California.
Housing Services will follow up with you on an annual basis for your rent roll to ensure the
units within the
property remain
affordable.
MassHousing closed on $ 17.1 million in financing for the development of a 102 -
unit affordable housing community in Lawrence, involving the preservation of a former industrial
property and remediation of a brownfield site.
The $ 650,000 + renovation included a complete upgrade of the
property's six existing
affordable housing, as well as the reconfiguration of space to create a seventh two - bedroom
unit — enabling more families to call the
property «home.»
Pacific Southwest Realty Services secures $ 32 million for a 447 -
unit asset via a life company; NorthMarq Capital negotiates a $ 26.3 million student
housing acquisition in West Virginia; and Centerline provides a $ 4.8 - million FHA 223 (f) loan to refinance an
affordable housing property.
The renovations, valued at more than $ 650,000, included a complete upgrade of the
property's six original
affordable housing units, as well as a reconfiguration to maximize space efficiency and create a seventh two - bedroom
unit.
One strategy for preserving affordability is for these
properties to be acquired by nonprofit, mission - oriented developers and asset managers, such as Mercy
Housing, a Colorado - based affordable housing organization that manages 17,400 units in 290 properties across the c
Housing, a Colorado - based
affordable housing organization that manages 17,400 units in 290 properties across the c
housing organization that manages 17,400
units in 290
properties across the country.