Two completed mixed-income housing redevelopments in Columbia, Maryland, have replaced 103 older apartments with 205 new homes, more than doubling the number of residences across the sites while retaining a substantial income-restricted component. Howard County...
Enterprise Community Partners has completed its 3,000th Low-Income Housing Tax Credit financing, a milestone tied to a planned 241-home affordable housing development near a Seattle light-rail station. Enterprise announced the milestone October 28, during the federal...
Rockland Trust is providing a $7.4 million financing package for a new 24-unit affordable housing development in Quincy, Massachusetts. The Quincy Street Apartments project, planned for 150-156 Quincy Street, is being developed by Father Bill’s & MainSpring with...
Berkadia has secured $15 million in Low-Income Housing Tax Credit equity for a 60-unit affordable senior housing development in Cranbury, New Jersey. The financing will support Cedar Brook Crossing, a four-story community being developed by Walters Cornerstone...
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...
Opendoor Purchases Four Times as Many Homes as Revenue Rises, but Turnaroun…
