Affordable housing

FTK and Blue Ridge Atlantic Launch First LIHTC Project Together

Retrieved on: 
Tuesday, June 7, 2022

The Park at Kirkstall, the first project that Blue Ridge Atlantic has contracted with FTK, is a 240-unit affordable housing community built in 2003.

Key Points: 
  • The Park at Kirkstall, the first project that Blue Ridge Atlantic has contracted with FTK, is a 240-unit affordable housing community built in 2003.
  • View the full release here: https://www.businesswire.com/news/home/20220607006147/en/
    FTK Construction Services is pleased to announce the launch of a new project, The Park at Kirkstall, and client relationship with Blue Ridge Atlantic.
  • FTK CEO, Jim Goodman, was enthusiastic about the opportunity to work with Blue Ridge Atlantic, We are excited to begin this new partnership as well as this new project with the Blue Ridge Atlantic team.
  • Chris Eisenzimmer, President at Blue Ridge Atlantic, added, Blue Ridge Atlantic and the Texas Housing Foundation are thrilled to have FTK on our team for this project.

Boston Financial Recognized as the Largest Syndicator of Low-Income and Affordable Housing in America

Retrieved on: 
Tuesday, June 7, 2022

Boston Financial Investment Management (Boston Financial), one of the oldest and largest syndicators of Low-Income Housing Tax Credits (LIHTC), has been ranked in the National Multifamily Housing Councils (NMHC) 2022 NMHC 50 as the top syndicator of Low-Income and Affordable Housing in America for the second consecutive year.

Key Points: 
  • Boston Financial Investment Management (Boston Financial), one of the oldest and largest syndicators of Low-Income Housing Tax Credits (LIHTC), has been ranked in the National Multifamily Housing Councils (NMHC) 2022 NMHC 50 as the top syndicator of Low-Income and Affordable Housing in America for the second consecutive year.
  • We are proud to be again recognized for our work in supporting the development and preservation of affordable housing across our 180,000 unit portfolio.
  • For over 50 years, Boston Financial has been a leader in financing and preserving low-income and affordable housing.
  • Boston Financial currently manages a $15.7 billion portfolio comprising over 2,100 properties, making Boston Financial the largest investment manager in the tax credit industry.

Nonprofit Alliance of Consumer Advocates helped a Homeowner get caught up on her mortgage and get a lower interest rate

Retrieved on: 
Wednesday, June 1, 2022

COSTA MESA, Calif., June 1, 2022 /PRNewswire-PRWeb/ -- If someone is in a position where they cannot make their regular mortgage payments, a Loan Modification is a great way to save their right to homeownership and improve their financial situation. While forbearance may be a short-term solution, a loan modification will permanently modify their existing terms. For example, a lower interest rate, extended repayment period, and lower monthly payments may be the perfect solution for their financial situation.

Key Points: 
  • For example, a lower interest rate, extended repayment period, and lower monthly payments may be the perfect solution for their financial situation.
  • The goal of a Loan Modification is to lower the amount of money a homeowner owes to their Lender while preventing Foreclosure.
  • Ms. Joanne Gallon is grateful to work with the Nonprofit Alliance of Consumer Advocates.
  • Mr. De La Vega, Nonprofit Alliance of Consumer Advocates, 1 8556222435, [email protected]

Medicines360 Applauds Sens. Rosen and Romney for Introducing Critical Legislation to Explore Benefits of Nonprofit Pharmaceutical Model

Retrieved on: 
Wednesday, June 1, 2022

SAN FRANCISCO, June 1, 2022 /PRNewswire/ -- Last week, U.S. Senators Jacky Rosen (D-NV) and Mitt Romney (R-UT), announced the introduction of the Advancing Affordable Medicines for Families Act (S. 4341), bipartisan legislation which would direct the Government Accountability Office (GAO) to conduct a report on the impact that nonprofit drug companies would have on lowering drug costs, addressing drug shortages, and accelerating the development of new drugs. The report would also look at existing barriers to the success of nonprofit pharmaceutical organizations, and what Congress can do to support them.

Key Points: 
  • The report would also look at existing barriers to the success of nonprofit pharmaceutical organizations, and what Congress can do to support them.
  • Jacky Rosen and Mitt Romney for their leadership in sponsoring this critical legislation designed to explore the catalytic potential of nonprofit pharmaceutical companies.
  • Non-profit pharmaceutical organizations like ours serve as a bridge to better health by serving the public, building health equity, and filling gaps in access.
  • Sen. Rosen has been a leading champion for the nonprofit pharmaceutical model.

SilverSky and NRTC Announce Cybersecurity Partnership

Retrieved on: 
Wednesday, June 1, 2022

RALEIGH, N.C., June 1, 2022 /PRNewswire/ -- SilverSky , a cybersecurity innovator offering powerful managed detection and response (MDR) services, and NRTC , a member-driven and technology-focused organization based in Herndon, Virginia, today announced an agreement to offer cybersecurity services to NRTC members.

Key Points: 
  • RALEIGH, N.C., June 1, 2022 /PRNewswire/ -- SilverSky , a cybersecurity innovator offering powerful managed detection and response (MDR) services, and NRTC , a member-driven and technology-focused organization based in Herndon, Virginia, today announced an agreement to offer cybersecurity services to NRTC members.
  • We chose to partner with SilverSky to make sure we could offer comprehensive, affordable managed cybersecurity to our members."
  • SilverSky and NRTC will be hosting a webinar for NRTC members on June 7 at 2 p.m. Eastern.
  • NRTC members can register for Managed Cybersecurity Made Simple, Affordable & Accessible for Telcos & Electric Cooperatives on the NRTC website, www.nrtc.coop .

Mitchell Resnick to Lead Walker & Dunlop's Newly Formed Investment Management & Proprietary Capital Group

Retrieved on: 
Tuesday, May 31, 2022

BETHESDA, Md., May 31, 2022 /PRNewswire/ -- Walker & Dunlop, Inc .announced today that it is combining its fund management, proprietary capital, high yield, and seniors bridge lending groups into the Investment Management & Proprietary Capital Group, which will be led by Mitchell Resnick .

Key Points: 
  • BETHESDA, Md., May 31, 2022 /PRNewswire/ -- Walker & Dunlop, Inc .announced today that it is combining its fund management, proprietary capital, high yield, and seniors bridge lending groups into the Investment Management & Proprietary Capital Group, which will be led by Mitchell Resnick .
  • As part of his new role, Mr. Resnick will also serve as president of Walker & Dunlop Investment Partners, Inc. (WDIP), Walker & Dunlop'swholly-ownedalternative investment manager.
  • "Mitch's established relationships and commercial real estate experience will be an invaluable addition to the proprietary capital, high yield, seniors bridge, and WDIP teams," commented Sheri Thompson , Executive Vice President of Affordable Housing, Investment Management & Proprietary Capital.
  • Walker & Dunlop Investment Partners is an alternative investment manager that provides capital solutions to middle-market commercial real estate sponsors.

Fidium Fiber Bringing Gigabit Speeds to Nearly 12,000 Homes in Southern Vermont CUD, Including 400 Unserved Homes

Retrieved on: 
Wednesday, May 25, 2022

This new build is part of Consolidateds fiber expansion plan to deliver fiber internet services to 200,000 Vermont homes by the end of 2025.

Key Points: 
  • This new build is part of Consolidateds fiber expansion plan to deliver fiber internet services to 200,000 Vermont homes by the end of 2025.
  • Were committed to bringing fiber internet to as many homes as possible in Vermont, and are grateful for the partnership of the Southern Vermont CUD for making this vision a reality.
  • We are so excited to bring Fidium Fiber internet to Bennington County and be part of the future of this forward-thinking community.
  • Fidium Fiber is a customer-centered, consumer fiber broadband service offering symmetrical multi-gig speeds and exceptional service.

Leading Wireless Benefit Provider Expands Its Affordable Connectivity Program (ACP) Service to California Residents

Retrieved on: 
Wednesday, May 25, 2022

DANIA BEACH, Fla., May 25, 2022 /PRNewswire/ -- Q Link Wireless, one of the leading providers of the government-sponsored Lifeline and Affordable Connectivity Programs, is announcing the expansion of its ACP benefit service in California.

Key Points: 
  • The Affordable Connectivity Program grants discounts of up to $30 on monthly broadband internet access service (or up to $75 per eligible household on Tribal lands).
  • Now that the company is approved to offer its ACP service in California, this can usher in critical changes for needy California residents who qualify for the Affordable Connectivity Program.
  • Signing up with Q Link Wireless can provide significant financial relief, as the company provides the same service that leading phone service providers offer, but FREE.
  • To learn more about how you can benefit from the Affordable Connectivity Program or how to get the discounted Tablet^ offer, visit qlinkwireless.com .

2,000 Searsport, Maine Homes to Get Connected to Fidium Fiber Internet From Consolidated Communications

Retrieved on: 
Tuesday, May 24, 2022

Consolidated Communications (NASDAQ: CNSL) a leading broadband and business communications provider, today announced its bringing Fidium Fiber internet service to more rural Maine residents and businesses in Maine.

Key Points: 
  • Consolidated Communications (NASDAQ: CNSL) a leading broadband and business communications provider, today announced its bringing Fidium Fiber internet service to more rural Maine residents and businesses in Maine.
  • In partnership with Searsport, aided by a $2 million grant from ConnectMaine Authority, Consolidated will bring reliable gigabit fiber internet to 2,000 homes in the town.
  • This partnership between Consolidated Communications, Searsport and ConnectMaine brings those plans to fruition.
  • Consolidated Communications is a great partner to work with to get this project done.

FTK Launches Largest AHF Project to date at $16.9MM

Retrieved on: 
Thursday, May 19, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220519005259/en/
    FTK Construction Services is pleased to announce the launch of a recently awarded project, Waters at James Crossing, which is the largest Affordable Housing/LIHTC project that AHF and FTK have partnered on to date.
  • FTK and AHF have a long history of many successful LIHTC and Multifamily projects in the past.
  • At a contract value of $16,942,404, Waters at James Crossing is the largest Affordable Housing/LIHTC project that AHF and FTK have partnered on to date.
  • FTK has completed projects in 33 states to date and has delivered over 5,000 Affordable Housing/LIHTC units.