Members Making News

DCHA to Reposition Its Real Estate Portfolio (District of Columbia Housing Authority)

3.8.19

From the District of Columbia Housing Authority's e-newsletter:

District of Columbia Housing Authority Executive Director Tyrone Garrett announced that he will present a Comprehensive Portfolio Repositioning Plan within 60-days. Garrett said the strategy will describe how the agency will address the backlog of capital needs and preserve or develop new affordable housing for existing DCHA customers. Garrett said the strategy will outline how the agency will address at least 2,400 housing units, over the next 24 months.

Affordable Boston Community Receives $39M Loan (Boston Housing Authority)

3.8.19

From Multi-Housing News:

MassHousing has closed on $38.7 million in affordable housing financing to non-profit Inquilinos Boricuas En Accion Inc. (IBA). In partnership with the Boston Housing Authority, the organization intends to use the capital for the rehabilitation and preservation of West Newton Apartments, a 146-unit public housing community in Boston’s South End. Contractor Bilt-Rite Construction, Davis Square Architects and Management Agent Maloney Properties are also part of the redevelopment project.

Housing Authority Partners to Offer Free Internet Access (Akron Metropolitan Housing Authority)

3.8.19

From 89.7 WKSU:

Akron students who live in subsidized housing will be able to access the internet when they're at home under a new initiative.  

The Akron Metropolitan Housing Authority has partnered with Sprint to offer WiFi to residents. 

Sprint will provide 235 hotspots for AMHA, according to community relations manager Joan Davidson. She said they will specifically target public school children of all ages who have access to Chromebooks.

Mixed-Income Chicago Development Breaks Ground (Chicago Housing Authority)

3.8.19

The 164-unit project is a collaboration between public and private entities. The property is located 4.5 miles south of downtown.

From Multi-Housing News:

Brinshore Development and Michaels Development Co. have started construction on the first phase of 4400 Grove, a 164-unit mixed-income community in Chicago’s Bronzeville neighborhood. Pappageorge Haymes Partners designed the project and general contracting duties will be shared by McShane Construction and UJAMMA Construction.

King County Housing Authority acquires 308-unit workforce apartment complex in Federal Way

3.5.19

Riverstone Apartments in Federal Way is the latest addition to the King County Housing Authority’s (KCHA) workforce housing portfolio.

The attractive 308-unit complex sits across the street from the Star Lake Park and Ride, which in 2024 will be converted to the South 272nd Street Link Light Rail station. It is conveniently located close to grocery shopping, parks, and the Woodmont Library.

The acquisition expands KCHA’s efforts to preserve or develop affordable housing in regional growth corridors with mass transit. 

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