Thursday, September 19, 2019

Tag: workforce housing

Merchants Capital secures funding for moving forward 2.0 workforce housing development in Lafayette, Indiana

Mortgage banking firm Merchants Capital has secured funding for a new 32-unit workforce housing development in Lafayette, Indiana. This development is part of the state...

MassHousing Closes on $35.8 Million in Financing for the Redevelopment of the Former Worcester...

MassHousing has closed on $35.8 million in affordable housing financing to Trinity Financial, for the redevelopment of the former Worcester County Courthouse in downtown...

Michaels achieves financial closing on $61 million development in San Marcos, Texas

The Michaels Organization, a national leader in residential real estate and the largest private sector owner of affordable housing in the country, has successfully closed...

Workforce housing is the darling of multifamily investors and a challenge to real estate...

A combination of slow wage growth and limited supply has resulted in strong renter demand and investor interest in workforce housing, according to a...

MassHousing to provide $2.1 million in workforce housing financing for new rental housing community...

MassHousing is providing $2.1 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of 233 Hancock, a 36-unit...

Merchants Capital secures first-ever Freddie Mac non-LIHTC Forward Commitment financing for $19.7M affordable housing...

Mortgage banking firm Merchants Capital has secured financing for the development of a $19.7 million mixed-income workforce housing community in Rochester, Minnesota. Merchants Capital secured the loan through the first-ever Freddie Mac Non-LIHTC...

Preserving Affordable Workforce Housing in Maryland

Maryland-based The Severn Companies and nationally recognized Enterprise Community Investment Inc. (Enterprise) have partnered to acquire Ivy Crossing, a 99-unit multifamily property in Catonsville,...

George Smith Partners secures $22.3 million in financing for ground-up workforce housing development in...

George Smith Partners, one of the nation’s leading commercial real estate capital advisors, has successfully secured $22.3 million in financing for the ground-up development...

Is workforce housing a dying breed?

The traditional image of a renter household has undergone some changes over the last 10 years. Renter households are now drawing in those who...

Dallas adopts its first housing policy

This week the Dallas City Council approved its first-ever housing policy intended to help remedy its affordable housing shortage, a deficiency estimated to be...

As California goes…

California's state constitution, culture and oh-so much more, empowers the state's bleeding edge progress—and high degree of volatility. Certainly the Golden State's penchant for...

The grandest of urban experiments

San Francisco has a housing problem. Among other challenges, tech has overtaken the City and exacerbated a housing shortage that was already one of the...

Investor’s latest sweetheart: workforce housing

There is expected demand for an additional 4.5 million new apartments in the U.S. by 2030, according to data from the Workforce Housing Committee...

Boomtown big

But it's not just oil field workers who are feeling the squeeze for shelter. The police chief of one city has been living in...

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