Community Development

Justice Housing Yakima acquires land for tiny homes project (Yakima Housing Authority)

1.13.21

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.

Governor Newsom Announces Major Homekey Milestone: All 94 Sites Closing Escrow Ahead of Deadline

12.29.20

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

 

Lument Provides $22M for Affordable El Paso Community (Housing Authority of the City of El Paso)

12.16.20

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.

Holland Gardens Redevelopment to Bring New Opportunities to Public Housing Residents (Jersey City Housing Authority)

12.2.20

From Tap Into Jersey City:

The more than 75 year old Holland Gardens public housing project will be transformed into a regional model of what innovative public housing can accomplish, Mayor Steven Fulup and Jersey City Housing Authority officials announced Wednesday.

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