by Kipp Gillian | May 17, 2023 | Affordable Housing
Steve Protulis Towers. Image courtesy of Yardi Matrix Florida is now the nation’s fastest-growing state, according to Census data, with a 1.9 percent demographic expansion between 2021 and 2022. The expanding population is putting increased pressure on its affordable...
by Kipp Gillian | May 16, 2023 | Affordable Housing
A rendering of the project. Image courtesy of Gov. Kathy Hochul’s office Two interconnected, mixed-income residential towers with nearly 700 apartments, including 281 affordable units, are being built in Upper Manhattan’s Inwood neighborhood. The $461 million...
by Kipp Gillian | May 15, 2023 | Affordable Housing
L to R: Winston Smith, Jamillah Beasley, Orlander Vick, Renee Burgess, Tony Vauss, Jonathan Gertman, Adenah Bayoh, J. David Heller, Janelle Lowery,, Kyana Woolridge, Laura Swartz, Roger Grutzmacher, Kimmel Cameron. Image courtesy of The NRP Group The NRP...
by Kipp Gillian | May 12, 2023 | Affordable Housing
461 Alabama Ave. Image courtesy of Services for the UnderServed Services for the UnderServed, CB-Emmanuel and the NYC Department of Housing Preservation and Development have opened 461 Alabama Ave., a 71-unit affordable supportive center in New York City’s Brooklyn...
by Kipp Gillian | May 11, 2023 | Affordable Housing
Allegheny Commons Apartments. Image courtesy of Yardi Matrix Community Preservation Partners has acquired the Allegheny Commons community in Pittsburgh for approximately $46.4 million. The 136-unit property is CPP’s first project in the area. The buyer expects to...
by Kipp Gillian | May 10, 2023 | Affordable Housing
Image by Scott Webb via Unsplash Nuveen, the investment manager of TIAA, has purchased a 12,000-unit affordable housing portfolio from Omni Holding Co. The price of the transaction was not disclosed, but the deal is believed to be one of the largest of this year so...