by Kipp Gillian | Nov 25, 2025 | Affordable Housing
A rendering of the entrance to Metro North Plaza. Image courtesy of The community Builders Merchants Capital has secured more than $100 million in total financing for the acquisition, recapitalization and substantial rehabilitation of two affordable housing...
by Kipp Gillian | Nov 24, 2025 | Affordable Housing
A rendering of Aries Lofts, an affordable housing community taking shape in suburban Columbus, Ohio. Image courtesy of Berardi + Columbus LDG Development has obtained $152.3 million in financing for the Aries Lofts, a 315-unit affordable housing project taking shape...
by Kipp Gillian | Nov 21, 2025 | Affordable Housing
Cottonwood Grove, a 142-unit community located in Bakersfield, Calif. Image courtesy of The Mogharebi Group Two California-based private investors have acquired The Grove and Cottonwood Grove, two multifamily communities in Central California totaling 291 units. The...
by Kipp Gillian | Nov 21, 2025 | Affordable Housing
When completed in 2027, half of Camp Wisdom’s units will cater to residents earning at or below 80 percent of the area median income. Image by Caleb Schafer, courtesy of The NRP Group The NRP Group has broken ground on Camp Wisdom, a 360-unit partial workforce housing...
by Kipp Gillian | Nov 18, 2025 | Affordable Housing
Garden Tower West debuted in 1981 and encompasses 123 homes. Image courtesy of Yardi Matrix A partnership between Redwood Housing Partners and Hearthstone Housing Foundation has acquired two adjacent affordable senior housing properties totaling 333 units in Orange,...
by Kipp Gillian | Nov 14, 2025 | Affordable Housing
“Developing and preserving affordable housing is challenging whether it’s geared towards senior or families,” said Fraser. Image courtesy of CPP A four-decade-old senior housing community in Glendale, Ariz., is undergoing a comprehensive renovation while...
by Kipp Gillian | Nov 12, 2025 | Affordable Housing
Windover Oaks Apartments in Titusville, Fla. Image courtesy Yardi Matrix Atlantic Housing Foundation has obtained a $21 million refinancing loan for Windover Oaks Apartments, a 238-unit multifamily community located in Titusville, Fla. The HUD-insured 223(f)...
by Kipp Gillian | Nov 12, 2025 | Affordable Housing
Gabrielle Hapi When a program proves effective, the affordable housing industry embraces it. The Payment in Lieu of Taxes program is one such example demonstrating how public-private collaboration can yield measurable results for residents while leveraging existing...
by Kipp Gillian | Nov 12, 2025 | Affordable Housing
Image by Caarlzhang/iStockphoto.com According to the Congressional Budget Office, 1.6 million housing starts are needed annually for the next 10 years to meet demand. The Road to Housing Act of 2025 (S.2651), a comprehensive package passed by the Senate in a...
by Kipp Gillian | Nov 12, 2025 | Affordable Housing
“Clear communication and expectations are key to a good relationship,” according to Goldberg. Image courtesy of Fairstead Affordable housing supply challenges have been exasperated by high interest rates, insurance shocks and elevated inflation, forcing...
by Kipp Gillian | Nov 11, 2025 | Affordable Housing
Eagle Partners will convert The Hills at Hacienda Heights, originally built in 1970, into an affordable community. Image courtesy of Yardi Matrix Eagle Partners has acquired The Hills of Hacienda, a 350-unit apartment community located in the San Gabriel Valley of Los...
by Kipp Gillian | Nov 10, 2025 | Affordable Housing
Saddleback Village at Stonegate is another one of Dominium’s BTR affordable communities, located in the Phoenix market. Rendering courtesy of Dominium Dominium has closed a deal to acquire 34 acres for the construction of Skyline Flats, a 402-unit affordable...
by Kipp Gillian | Nov 7, 2025 | Affordable Housing
The 600 Foothill mixed-use development has been the subject of a yearslong legal battle. Image courtesy of Cedar Hill Partners After six years of back-and-forth, The La Cañada Flintridge City Council has approved 600 Foothill, a mixed-use project from Cedar Street...
by Kipp Gillian | Nov 7, 2025 | Affordable Housing
With the partnership between LEO Impact Capital and Lotus Campaign, 30 units will be reserved for Lotus clients through its Landlord Participation Program. Image courtesy of Yardi Matrix LEO Impact Capital, JBG SMITH’s workforce housing investment management platform,...
by Kipp Gillian | Nov 7, 2025 | Affordable Housing
The 2025 Greenbuild conference was held at the Los Angeles Convention Center. Photo by Therese Fitzgerald At the Greenbuild conference in Los Angeles this week, there’s been a lot of talk about the increasing availability of sophisticated data and analytical...
by Kipp Gillian | Nov 6, 2025 | Affordable Housing
Four questions on New Yorkers’ ballots could speed up development of new housing in the city, which continues to face a supply shortage. Image by Earth Pixel LLC./Adobe Stock While Zohran Mamdani’s win in the New York City mayoral race is dominating...
by Kipp Gillian | Nov 5, 2025 | Affordable Housing
Iris Holdings Group has secured a $114.5 million bridge loan from Greystone for the acquisition and rehabilitation of the State Preservation Portfolio, a 753-unit multifamily portfolio in several Queens, N.Y., neighborhoods. LeFrak was the seller of the portfolio. The...
by Kipp Gillian | Nov 5, 2025 | Affordable Housing
Ten such buildings are slated to undergo renovations as part of April Housing’s preservation program. Image courtesy of Yardi Matrix Blackstone has resyndicated a 229-unit property in Orlando, Fla., expanding its affordable housing preservation program through its...
by Kipp Gillian | Nov 4, 2025 | Affordable Housing
Avi Shemesh, left, co-founder and principal at CIM Group, and John Hope Bryant, right, founder of Bryant Group Ventures, are both taking an active role in the affordable housing fund. Images courtesy of CIM-BGV Impact Ventures CIM Group is partnering with entrepreneur...
by Kipp Gillian | Nov 3, 2025 | Affordable Housing
Roseland Estates, a 138-unit affordable community located in Dallas. The property, alongside the nearby 136-unit Roseland Townhomes was awarded a $69 million bond reservation for a renovations last month. Image courtesy of Yardi Matrix The Dallas Housing Authority,...
by Kipp Gillian | Oct 30, 2025 | Affordable Housing
OneLIC, a mixed-use development in Long Island City intended to bring 14,700 homes and 3.5 million square feet of commercial space to the area. Image courtesy of the New York City Department of City Planning Two plans to bring a total of 26,500 units to Queens made...
by Kipp Gillian | Oct 30, 2025 | Affordable Housing
A rendering of a redeveloped unit interior at Mansion House. Image courtesy of Lawrence Group The development and design team of Lawrence Group and New + Found are beginning work on a full rebuild of Mansion House apartments, a nearly 60-year-old multifamily community...
by Kipp Gillian | Oct 30, 2025 | Affordable Housing
According to Jackson, the company’s commitment to union labor not only ensures higher construction standards, but also strengthens the communities where the company builds. Image courtesy of Concert Properties Union labor has long been a cornerstone of Canada’s...
by Kipp Gillian | Oct 30, 2025 | Affordable Housing
Twin Park Landing is set to comprise one-bedroom units only. Rendering courtesy of Safehold The Pacific Cos. will build an affordable housing project encompassing 275 units in metro Los Angeles. The developer closed on a ground lease with Safehold for the development,...
by Kipp Gillian | Oct 29, 2025 | Affordable Housing
A rendering of Coyote Creek Village. Image courtesy of Hanover Co. Hanover Co. has started work on Coyote Creek Village, a 22-acre, mixed-use community located in San Jose, Calif. When complete, the property will offer 1,140 market-rate units on about 9.3 acres. The...
by Kipp Gillian | Oct 29, 2025 | Affordable Housing
A rendering of Tilyou Towers, which will have more than 500 units and 30,000 square feet of retail space. Image courtesy of RYBAK development RYBAK Development has been selected by New York City Economic Development Corp. to develop more than 500 units of mixed-income...
by Kipp Gillian | Oct 27, 2025 | Affordable Housing
Officials from the Department of Social Services and the Institute of Community Living attended the grand opening celebrations. Photo by Carlos Alayo, courtesy of the New York City Department of Social Services and Institute for Community Living A partnership of...
by Kipp Gillian | Oct 24, 2025 | Affordable Housing
Image by Konstantin L/AdobeStock A combination of factors, such as expense deceleration and higher allowable rents, has propelled the net operating income across affordable housing properties. The index grew 5.6 percent year-to-date through August, and ticked up 7.4...
by Kipp Gillian | Oct 22, 2025 | Affordable Housing
Jonathan Curtis For decades, the California Environmental Quality Act has been one of the most significant hurdles to housing and infrastructure in the state. While originally designed to protect the environment, the law allowed lawsuits whenever an environmental...
by Kipp Gillian | Oct 22, 2025 | Affordable Housing
There’s at least one thing that all three major candidates for mayor of New York City agree on: the city has an affordable housing crisis. But there are key differences in how they plan to boost the number of affordable apartments and address other important...
by Kipp Gillian | Oct 22, 2025 | Affordable Housing
The 420-unit community will undergo an $8 million renovation plan. Image courtesy of Standard Real Estate Investments and The Vistria Group A joint venture between Standard Real Estate Investments LP and The Vistria Group has acquired Fox Valley Villages, a 420-unit...
by Kipp Gillian | Oct 20, 2025 | Affordable Housing
A rendering of Liora at Sloan’s Lake, the NHP foundation’s second development in the Centennial State. Image courtesy of the NHP Foundation The NHP Foundation has acquired a 0.9-acre parcel of land in Denver’s Sloan’s Lake neighborhood, where its managing...
by Kipp Gillian | Oct 17, 2025 | Affordable Housing
Floorplans at Johnston Farms will include two and three-bedroom apartments. Rendering courtesy of JLL Tartan Residential has received $32.3 million in construction financing for Johnston Farms, a 120-unit workforce housing development located in Rock Hill, S.C. JLL...
by Kipp Gillian | Oct 17, 2025 | Affordable Housing
The U.S. multifamily market softened again in September, but the mid- to long-term picture remains positive. In an exclusive interview, Yardi Matrix Vice President Jeff Adler offers a comprehensive look at where multifamily stands after the third quarter and where it...
by Kipp Gillian | Oct 16, 2025 | Affordable Housing
“We are one of the most underserved communities in Chicago standing up for our right for decent, safe affordable housing,” said Tucciarelli. Image courtesy of Visionary Ventures NFP In a city long defined by housing inequities, Jigzibik is rewriting the...
by Kipp Gillian | Oct 15, 2025 | Affordable Housing
Emerald Apartments, now owned by The Housing Authority of the City of Los Angeles. Image courtesy of HACLA The Housing Authority of the City of Los Angeles has acquired Emerald Apartments, a 154-unit community in the South Park neighborhood of downtown Los Angeles....
by Kipp Gillian | Oct 15, 2025 | Affordable Housing
Eastrail Flats, which brings 207 units to suburban Seattle. Image courtesy of MainStreet Property Group LLC. A joint venture between MainStreet Property Group and HAL Real Estate has completed Eastrail Flats, a five-story, 207-unit partially affordable mixed-use...
by Kipp Gillian | Oct 15, 2025 | Affordable Housing
Hale Nā Koa ‘O Hanakahi came online on state-owned land subject to a long-term ground lease. Image courtesy of EAH Housing The partnership between EAH Housing and Hawaii Island Veterans Memorial Inc. has opened Hale Nā Koa ‘O Hanakahi, a 92-unit senior housing...
by Kipp Gillian | Oct 14, 2025 | Affordable Housing
The majority of Kōz Uptown’s apartments are studios. Image courtesy of Koz Development Kōz Development has opened Kōz Uptown, a 169-unit affordable housing community located in Seattle. The project broke ground in the spring of 2024, according to Multifamily...
by Kipp Gillian | Oct 13, 2025 | Affordable Housing
Riverview Manor, the largest property to receive funding as part of the initiative. Image courtesy of Yardi Matrix The Pennsylvania Housing Finance Agency has awarded $66.5 million in Low-Income Housing Tax Credits to a number of affordable housing developments taking...
by Kipp Gillian | Oct 10, 2025 | Affordable Housing
A rendering of Emery Flats, which was built in part to help the city’s housing stock recover after a tornado. Image courtesy of WNC & Associates WNC & Associates, in partnership with SOCAYR, Inc. and Bywater Development Group, have broken ground on Emery...
by Kipp Gillian | Oct 8, 2025 | Affordable Housing
Charlie Kokernak In major cities across the nation, unmet housing demand is sparking a renewed interest in a public-private sector dialogue on where common ground can be identified to motivate future development. Case in point: A recent roundtable hosted by Oregon...
by Kipp Gillian | Oct 8, 2025 | Affordable Housing
John Williams Housing affordability remains one of the most pressing challenges for cities across the United States. As housing prices outpace incomes and the supply of deeply affordable units dwindles, communities must adopt innovative, long-term strategies to...
by Kipp Gillian | Oct 8, 2025 | Affordable Housing
Lofts at 40 Long, which is being converted from a century-old YMCA building into affordable housing. Image courtesy of Woda Cooper Cos. Inc A historic 1920s-era YMCA building in downtown Columbus, Ohio is being restored in a $66 million project that will create 121...
by Kipp Gillian | Oct 3, 2025 | Affordable Housing
The development will span three residential towers with 1,200 market-rate and affordable units. Image courtesy of FXCollaborative 615 River Road, a $1 billion, 1,200-apartment mixed-use development located along New Jersey’s Gold Coast, has been awarded $255 million...
by Kipp Gillian | Oct 2, 2025 | Affordable Housing
The Armory in Lynn, Mass., is transforming a historical site previously used by the state’s National Guard into a community for veterans. Image courtesy of Boston Financial Boston Financial has closed its latest Low Income Housing Tax Credit multi-investor fund,...
by Kipp Gillian | Oct 1, 2025 | Affordable Housing
A rendering of the conversion project taking shape a 6 E. 43rd St. in Midtown Manhattan. Approximately 25 percent of the property’s apartments will be affordable. Image courtesy of Gensler Vanbarton Group has secured a $300 million loan from Brookfield to fund...
by Kipp Gillian | Sep 29, 2025 | Affordable Housing
Roseland Estates, a 138-unit affordable community that was built in 2000. Image courtesy of Yardi Matrix With the approval of a $69 million bond reservation by the Texas Bond Review Board, the housing authority for the city of Dallas – known as DHA, Housing Solutions...
by Kipp Gillian | Sep 24, 2025 | Affordable Housing
The Edgewater will feature a similar design to Altera Conner Park, a multifamily community owned by Wood Properties in Land O’ Lakes, Fla., seen here. Image courtesy of Wood Partners. Wood Partners has broken ground on The Edgewater, a 328-unit multifamily community...
by Kipp Gillian | Sep 24, 2025 | Affordable Housing
FHFA will transition from being a conservator to a regulator of the GSEs. Image by Michelle Matteson/photos courtesy of Fannie Mae and Freddie Mac Fannie Mae and Freddie Mac could be exiting conservatorship by year-end. The current administration has put forth a plan...
