We use the term “affordable housing” constantly in this industry. I use it. WRE News uses it. Developers, elected officials, housing agencies and advocates all use it. The problem is that two apartments can both legally and accurately be described as affordable...
A bipartisan initiative in the US Senate has resulted in the reintroduction of the Affordable Housing Credit Improvement Act, three weeks after a similar endeavor occurred in the House of Representatives. The new version of the legislation seeks to increase the number...
The BLVD Group, a developer and owner of affordable housing, announced its $57 million acquisition and planned renovation of Rock Ridge Apartments, a 152‑unit community in Woonsocket, Rhode Island. The company said it would create 30 new affordable units at the site....
Avanti Residential, a Denver-based multifamily investor and operator, has rolled out its new affiliate Avanti Residential Housing, which will focus on Low-Income Housing Tax Credit (LIHTC) development, acquisition, and preservation. The new Tampa-based affiliate will...
Construction on the nation’s first Low-Income Housing Tax Credit (LIHTC) building for the blind community has been completed.in Chicago. McShane Ashlaur Joint Venture – a partnership between McShane Construction Company and Ashlaur Construction – have concluded the...