Latest News
HUD Announces Historic Transaction: Transforming Over 2,000 Affordable Rental Homes in New York City
From HUD's press release:
The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing is announcing today it recently closed a $930 million Rental Assistance Demonstration (RAD) transaction with the New York City Housing Authority (NYCHA) at its Edenwald Houses...
From the Housing Authority of the City of Austin's (HACA) newsletter:
Last month we marked two huge milestones in HACA's history: the grand opening of 156 brand new units at Chalmers East, and the groundbreaking on 156 additional units at Chalmers West. Thank you to the blue-shirted HACA staff in...
From HUD Multifamily Housing’s Office of Recapitalization’s RADBlast! Newsletter:
Jordan Downs, located in the Watts neighborhood of southern Los Angeles, California, was built in the 1940s as housing for war workers during World War II. In the early 1950s, Jordan Downs became public housing...
From the Commercial Observer:
Up to $3.1 billion in capital financing for improvements will be coming to New York City Housing Authority complexes across the city from private sector joint ventures, the agency announced.
The largest of the recent deals, financed through NYCHA’s...
The Columbus Metropolitan Housing Authority (CMHA) is embarking on an exciting new partnership with CVS Health. The healthcare giant is investing $13.7 million over a three-year grant into CMHA’s Rosewind community to help renovate the property and provide community...
In a new YouTube video, Fannie Mae highlights the Housing Authority of the City of Austin’s (HACA) comprehensive rehabilitation of its Gaston Place community, a 100 unit property for low-income seniors and disabled individuals. HACA partnered with Fannie Mae and Bellwether Enterprise to employ the...
From the New York City Housing Authority's press release:
Today, the New York City Housing Authority (NYCHA) announced the selection of five development teams that will partner with the Authority under the Permanent Affordability Commitment Together (PACT) program to preserve 5,908 units in...
From the Pittsburgh Post-Gazette:
The Pittsburgh Housing Authority is aiming to rehab 86 public housing units in the Manchester neighborhood in Pittsburgh's North Side.
Housing officials say they will seek federal approval next month for the improvements, which aim to repair and replace...
Miami-Dade Public Housing & Community Development (Miami-Dade PHCD) and developer The Related Group are working together to transform an aging, low-density senior community in Miami’s vibrant East Little Havana neighborhood into a mixed-income, mixed-use, 2,600-unit community, combining...
From The Star Tribune:
More than 3,800 housing units owned by the St. Paul Public Housing Agency are being transferred to a new program that will shore up funding to keep up with repairs.
The Public Housing Agency is slated to receive an estimated infusion of $220 million in funding over the...