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Bill to Upgrade Affordable Housing Program Credit Introduced in Senate

Bill to Upgrade Affordable Housing Program Credit Introduced in Senate

by Phil Hall | Apr 29, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

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 Acquires Rhode Island Apartment Community for $57 Million

The BLVD Group Acquires Rhode Island Apartment Community for $57 Million

by Phil Hall | Apr 21, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Unveils LIHTC-Focused Affiliate

Avanti Residential Unveils LIHTC-Focused Affiliate

by Phil Hall | Apr 3, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Completed on First LIHTC Affordable Apartments for Visually Impaired Residents

Construction Completed on First LIHTC Affordable Apartments for Visually Impaired Residents

by Phil Hall | Dec 4, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Heritage Affordable Communities Acquires 242 LIHTC Units in the Bronx

Heritage Affordable Communities Acquires 242 LIHTC Units in the Bronx

by Phil Hall | Oct 10, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Heritage Affordable Communities, a real estate development and preservation company specializing in the affordable housing sector, has acquired 242 Low-Income Housing Tax Credit (LIHTC) units spread across three buildings located in the Bronx, New York. According to...
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