New York City Mayor Zohran Mamdani is seeking to turn an underused NYPD parking lot into an affordable housing development. The project is designed to create 131 affordable housing units, with 30% of the new apartments reserved for formerly homeless New Yorkers. The...
The 481 CEI-Boulos Impact Fund, a partnership between TD Bank US and CEI-Boulos Capital Management, announced the closing a majority equity investment in the N. 33rd Street Redevelopment Project, which will convert the long-vacant Cornerstone Baptist Church property...
A new partnership between Canada’s federal government, Quebec’s provincial government and Montreal’s municipal government has allocated $37.48 million to create four residential projects in Montreal for city’s most vulnerable populations. Two developments...
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is allocating $66.3 million in Affordable Housing Program (AHP) grants that will support 45 affordable housing developments across Arizona, California and Nevada. This year’s AHP awards represent an...
The real estate investment company Kennedy Wilson has teamed with the multifamily development firm Jamison in a partnership that plans to deliver 4,000 affordable housing units across Los Angeles through adaptive reuse and ground up construction. The partnership,...