Several District Government agencies have closed a financing deal that will preserve 220 affordable housing units in the long vacant Parkway Overlook Apartments in the Ward 8 neighborhood of Congress Heights.
MassHousing Closes $10.6 Million in Financing to Preserve Affordability and Make Extensive Property Improvements
MassHousing has closed on $10.6 million in financing to the East Boston Community Development Corporation (EBCDC) for the acquisition, renovation and preservation of 111-unit scattered-site Landfall Community Associates properties in East Boston.
A solar rooftop for a grocery store in south Kitsap, energy improvements for a new addiction-treatment facility in Seattle, and a biodigester on Vashon Island are the latest projects to be financed through the Sustainable Energy Trust (SET).
Low-Income Seniors Living in Boston Will See Extension of Affordability, Property Improvements, With $135.5 Million in Financing
MassHousing has provided a total of $135.5 million in financing to an affiliate of the non-profit Retirement Housing Foundation (RHF), to enable RHF to launch a major renovation of the 404-unit Symphony Plaza in Boston, and extend affordability at the property for at least 30 years.
Worcester Housing Community to Undergo Renovations, Extension of Affordability for Low-Income Households With $16.4 Million
MassHousing has closed on $16.4 million in affordable housing financing to the WinnCompanies, for the rehabilitation and long-term preservation of the historic 180-unit Wellington Community in Worcester.
The Louisiana Housing Corporation (LHC) Board of Directors awarded more than $10 million for the construction and rehabilitation of four privately-owned affordable housing developments.
Major Renovation of the 52-Unit Burbank Gardens in Boston is Underway, Resulting from $14.3 Million in MassHousing Financing
MassHousing has provided a total of $14.3 million in financing to the nonprofit Fenway Community Development Corporation, for the renovation and preservation of 52 affordable housing units at the Fenway CDC’s Burbank Gardens community in Boston’s Fenway Neighborhood. The MassHousing financing package will enable major renovations at the four-story development, and will resolve expiring affordability challenges at the property by extending affordability in perpetuity.
Governor John Bel Edwards has appointed Derrick Edwards to serve on Louisiana Housing Corporation's Board of Directors to represent the 2nd congressional district.
Iowa Finance Authority Awards Habitat for Humanity Affiliates $100,000 to Advance Affordable Housing Opportunities
The Iowa Finance Authority Board of Directors today awarded a total of $100,000 in State Housing Trust Fund grants to advance affordable housing opportunities in Boone and Storm Lake.
Iowa Finance Authority Awards City of Newton $450,000 Workforce Housing Loan for Historic Hotel Maytag Renovation
The Iowa Finance Authority Board of Directors today approved a $450,000 low-interest loan to the City of Newton for the development of new workforce rental housing as a part of the renovation of the historic Hotel Maytag.