From Real Estate Weekly:
The New York City Housing Authority (NYCHA), New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC) announced today the closing of Twin Parks Terrace, a 182-units affordable housing development in the Bronx on NYCHA-owned land.
Construction is anticipated to start in January 2021.
From the St. Thomas Source:
The cutting of a ribbon on Thursday to celebrate the reconstruction of a senior center on St. John had significance beyond that of an obligatory civic ritual.
More than three years after the devastating storms of 2017, Thursday’s event represents the culmination of hard work and collaboration among multiple territorial agencies, the federal government and the private sector to reach an important milestone.
From the Washington Post:
More than 200 apartments, including 56 three- or four-bedroom family-size residences, will be part of the first phase of a planned mixed-use, mixed-income development called Northwest One in the District’s NoMa neighborhood.
From the Yakima Herald:
Justice Housing Yakima has taken another step in building Cottage Hill Village, a tiny homes project to house the homeless.
And the Yakima Housing Authority is helping make it happen.
Two years ago, Justice Housing agreed to buy 3.34 acres near Milroy Park to build the village.
Now, the Yakima Housing Authority has purchased about half the site from Justice Housing for a housing project of its own.
From the Seattle Times:
Amazon will direct $2 billion in loans and grants to secure affordable housing near three American cities where the company employs thousands of workers, the tech giant announced Wednesday.
Congratulations to the seven CLPHA member housing authorities from across the country that were recently awar
Nation-leading program participants close escrow on all 94 projects, representing 6,029 units of permanent housing for individuals experiencing homelessness
Homekey acquisition phase finishes on-time and under budget
All 51 awardees have also received at least one Operational Support Grant from philanthropic or General Fund sources
From the St. Paul Public Housng Agency's newsletter:
From Block Club Chicago:
A long-planned affordable housing complex marketed toward LGBTQ people has opened in Logan Square — about 18 months later than originally planned.
The John Pennycuff Memorial Apartments at 2033 N. Milwaukee Ave. brings 41 affordable housing units and 47 Chicago Housing Authority project-based units to a hot stretch of Milwaukee Avenue that has attracted several luxury apartment buildings in recent years.
From Multi-Housing News:
The Housing Authority of the City of El Paso has received a $21.5 million Freddie Mac unfunded forward commitment loan for the renovation of Jackie Robinson Memorial Apartments, a 186-unit affordable housing community in El Paso, Texas. Lument provided the 18-year financing with a low, fixed interest rate, three years of interest-only payments and a 35-year amortization schedule. The forward commitment bears a 30-month term with one six-month extension.