Wednesday, April 24, 2024

Tag: HUD

U.S. Department of Housing and Urban Development

Montego Square Apartments

Alliance Companies Breaks Ground and Secures Funding for 280-Unit Montego Square Apartments

Alliance Companies is moving forward with the development of their 280-unit Montego Square Apartments located at 4051 Winkler Avenue in Ft. Myers, Florida, following...
Westminster Village Arms

MassHousing Financing Announces $94M in Refinancing for the Preservation of Affordability and Substantial Property...

MassHousing announced that residents living at the 432-unit Westminster Village Arms in Lowell will have their affordable rents preserved for the long term and...
Hickory Lake Apartments

FCP Acquires 322-unit Hickory Lake Apartments in the Nashville MSA

FCP® announces the acquisition of Hickory Lake Apartments, a 322-unit multifamily property at 3940 Apache Trail in Antioch, Tennessee in the Nashville MSA. The acquisition...
HUD changes criminal record background check rules

HUD proposes criminal records rule changes

HUD issued a notice of proposed rule making to change how criminal records history may be considered in deciding to prohibit individuals from residing...
HUD sets new Section 8 income rule

New Section 8 income rule would cap rent growth for LIHTC properties

On January 9, HUD proposed changes to how they calculate Section 8 income limits. The summary of the change as posted on the Regulations.gov...
Manhattan Avenue Senior Apartments

Governor Hochul Announces Completed Expansion of 70-Unit Manhattan Avenue Senior Apartments Development in Westchester...

Governor Kathy Hochul announced the completion of the 70-unit Manhattan Avenue Senior Apartments in the town of Greenburgh, Westchester County. “The transformation of the Manhattan...
Green Oaks of Goshen

Evergreen Real Estate Group Completes 120-Unit Affordable Assisted Living Community Green Oaks of Goshen...

Evergreen Real Estate Group announced the completion of Green Oaks of Goshen, a four-story, 120-unit assisted living community for low-income seniors in Goshen, Indiana....
Grandview Terrace

Hudson Valley Property Group Completes $71M Acquisition Rehab Project at Grandview Terrace Apartments in...

Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced that it has completed a $71 million acquisition, preservation and renovation...
Island Terrace

Merchants Capital Provides More Than $103M in Financing for the Rehabilitation of Affordable Island...

The Chicago office of leading financial services provider Merchants Capital announced that it provided more than $54 million of debt and $49 million in...
Riverview Towers Apartments

$68M in Financing Announced to Preserve and Improve Riverview Towers Apartments for Seniors in...

Sena Affordable Communities, an affiliate of L+M Fund Management, and Tredway, in partnership with LIHC Investment Group and Leon N. Weiner & Associates (LNWA), announced $68 million in financing to preserve and...
Mary calls for use of whole building data

What will whole building data reveal?

“Don’t be upset by the results you didn’t get for the work you didn’t do.” --Unknown On January 25, 2024, HUD, the DOE and EPA...
Rock Creek Terrace

Hudson Valley Property Group Acquires 1140-Unit Portfolio Across Maryland & North Carolina Including Rock...

Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced the acquisition of a five-property portfolio spanning 1140 units across the...
Northgate One

Hudson Valley Property Group Acquires Northgate One Property in Camden New Jersey

Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced the acquisition of Northgate Apartments, a 321-unit, 21-story family affordable housing...
Shore Hill Apartments

HUD Announces Agreement with Affordable Rental Housing Provider for Shore Hill Apartments to Increase...

The U.S. Department of Housing and Urban Development (HUD) announced that it has entered a Voluntary Compliance Agreement for Shore Hill Apartments resolving a...
eviction notice

HUD proposes 30 day eviction notice for PHAs and PBRA housing

The Department of Housing and Urban Development (HUD) is proposing a rule that would require public housing agencies (PHAs) and properties receiving project-based rental...

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