Next City covered the Housing Authority of the City of Austin’s (HACA) recent, unusual purchase of a 308-unit luxury apartment building on the open market in partnership with a real estate investment trust (REIT).
The Housing Authority of the City of Los Angeles and its development partners broke ground on Phase 1B of its massive Jordan Downs revitalization project. When completed, this phase will utilize RAD to create 135 affordable apartments at a cost of $73 million.
A Cleveland news channel recently featured a story about the Cuyahoga Metropolitan Housing Authority’s (CMHA) Griot Village, an affordable housing complex intended for grandparents raising grandchildren.
The Housing Authority of the City of Austin (HACA) and its nonprofit subsidiary the Austin Affordable Housing Corporation announced they have partnered with the Community Development Trust and the Austin Housing Conservancy to purchase the Preserve at Wells Branch, a 308-unit apartment complex located in an area of higher opportunity near Interstate 35 and Wells Branch Parkway.
Rendering of the Housing Authority of Salt Lake City's development plans for the former Capitol Motel.
New research from CLPHA and Econsult Solutions shows that PHAs generate and induce multiple streams of economic activity benefitting those who reside in public housing, as well as local employers, governments, and industries. Read more about "The Economic Impact of Public Housing: Ongoing Investment with Wide Reaching Returns" here.
The Municipal Housing Authority for the City of Yonkers (MHACY) has finished Phase I of its Schlobohm Houses renovation project. When completed, MHACY will have renovated 411 units across eight buildings at a cost of $300 million with considerable assistance from the RAD program.
Hunt Capital Partners has provided $4.2 million in capital federal LIHTC equity financing for Rhododendron Place, a future 30-unit Vancouver, WA housing community funded in part by the Vancouver Housing Authority. Rhododendron Place will house individuals experiencing homelessness with behavioral health disorders or mental disabilities and offer related supportive services.