News

Urban Land Institute – The Vineyard on Lancaster is a finalist for the 2021 Social Impact Award

Star Power: AHF’s 2021 Readers’ Choice Awards Finalist – Preservation Crossing

Affordable Housing Finance announced Preservation Crossing as a finalist in the Historic Rehab category.

Affordable Housing Finance – Beloved High School Finds New Purpose as Senior Housing

After a century of time, a hurricane, a tornado, and a fire, the Old Hattiesburg High School has a new mission. Completed in late 2020, Preservation Crossing realizes the community’s dream of restoring the treasured building. The new development maintains the Victorian brick exterior. Inside, the team has created 56 one- and 18 two-bedroom apartment homes for seniors earning no more than 30% and 60% of the area median income, including units for residents with special needs.

The Daily Gazette – Phase I rebuild of Schenectady’s Yates Village is complete and fully occupied

Novogradac Journal of Tax Credits – St. Michael’s Community Housing

The development carries a $19.7 million price tag. Investor Hunt Capital Partners (HCP) and CDP closed in March on $8.5 million in LIHTC equity for the investment. The enactment in December 2020 of the 4% LIHTC floor was a gift from above in bringing the St. Michael's effort to fruition.

National Multi-Family Housing Council – NMHC 10 Largest Apartment Syndicators

2021 Rankings - Hunt Capital Partners ranked number 9 on the "NMHC 10 Largest Apartment Syndicators" list.

Urban Land Institute – Developing Urban Resiliance, Bayshore Villas – San Juan, Puerto Rico

Hurricane Maria gnawed through Puerto Rico’s streets, homes, and power lines, leaving more than half the island without electricity for months. Yet it caused just a pause in lease-up and construction at Bayshore Villas.

Pennrose Regional Vice President, Amon Martin, gives an update on the Gateway Pointe and VECTR Partnership

Pacific Business News – Move-ins start at new affordable rental complex on Oahu’s Leeward Coast

The Virgin Islands Consortium – Housing Authority Breaks Ground on Estate Donoe Redevelopment Project

ST. THOMAS — The Virgin Islands Housing Authority broke ground on the Estate Donoe redevelopment project on Thursday morning in a groundbreaking ceremony that was held both in-person and live-streamed on Facebook.