In “Austin Goes All in with RAD” Affordable Housing Finance’s Donna Kimura covers the Housing Authority of the City of Austin’s (HACA) progress in converting its 1,839 public housing units to project-based rental assistance through the RAD program. Now 80 percent complete after three years, HACA is on track to complete its portfolio conversion in the next year and a half.
From Multi-Housing News:
The Cambridge Housing Authority has obtained $82 million in financing for the renovation of Millers River Apartments, an affordable housing community that serves low-income households in Cambridge, Mass. MassHousing closed on the loan through the agency’s conduit loan program.
From the Housing Authority of the City of Los Angeles's (HACLA) press release:
From Statesman:
A new $70 million investment to turn a 452-unit Southeast Austin apartment complex into affordable housing is the latest effort by Austin's housing authority to expand its real estate footprint, those associated with the deal say.
The Community Development Trust, a national group that provides capital for affordable housing projects, announced that it is helping the Austin Housing Authority buy the Asher Apartments complex, southeast of Interstate 35 and Slaughter Lane.
From WECT 6:
A ground breaking celebration will be held next week for Dawson Lofts, a new affordable apartment building in Wilmington.
The Wilmington Housing Authority has started building a three-story apartment building that will hold a dozen single-bedroom units and a dozen two-bedroom units.
From The News Tribune:
Tacoma’s WorkForce Central and community partners are set to deliver on improving some local household budgets in the next few years through a $1.75 million grant.
The Economic Security for All grant draws funding from the governor’s Workforce Innovation and Opportunity Act statewide fund.
The project is designed to help a significant number of residents in a particular ZIP code climb out of poverty in a span of just under three years.
From the Housing Authority of the County of San Bernardino's (HACSB) press release:
From Multi-Housing News:
Sixteen Manhattan public housing properties will be the latest developments to get much-needed repairs as part of the New York City Housing Authority’s Permanent Affordability Commitment Together (PACT) program. The improvements, that will impact more than 2,900 residents, will include new bathrooms, kitchens and flooring in apartments as well as replacements of heating systems and full elevator rehabs.
From FOX 9:
More than a dozen families who have recently experienced homelessness now have a new place to call home.
Tuesday, the Minneapolis Public Housing Authority celebrated the grand opening of Minnehaha Townhomes. The 16 units are the first public housing the city has built since 2010.
City leaders say the two and three-bedroom options are located close to the light rail and Minnehaha Park and are available for families who were previously in homeless shelters.