Housing authority

Hunt Capital Partners Transfers Ownership of 151-Unit Senior Property to Housing Authority of DeKalb County Affiliate

Retrieved on: 
Wednesday, March 13, 2024

On behalf of its investors, Hunt Capital Partners (“HCP”) has announced the ownership transfer of its Limited Partner interests in Ashford Parkside Senior Residences (Ashford Parkside) to a non-profit affiliate of the Housing Authority of DeKalb County.

Key Points: 
  • On behalf of its investors, Hunt Capital Partners (“HCP”) has announced the ownership transfer of its Limited Partner interests in Ashford Parkside Senior Residences (Ashford Parkside) to a non-profit affiliate of the Housing Authority of DeKalb County.
  • The strategic decision provides the Housing Authority of DeKalb County greater capital flexibility surrounding all aspects of property operations and repair projects as it shapes its long-term housing plan.
  • “We are pleased to transfer ownership of Ashford Parkside to an affiliate of the Housing Authority of DeKalb County,” said Hunt Capital Partners President Jeff Weiss.
  • The transfer of ownership of Ashford Parkside is a testament to Hunt Capital Partners and the Housing Authority of DeKalb County’s commitment to provide quality housing choices to meet the needs of Atlanta’s senior community.

Greystone Provides $39 Million in Freddie Mac Permanent Financing Towards New Affordable Housing Development in Tysons Corner, Virginia

Retrieved on: 
Wednesday, February 21, 2024

The financing was originated by Pharrah Jackson, Vice President at Greystone, on behalf of non-profit housing developer Arlington Partnership for Affordable Housing (APAH).

Key Points: 
  • The financing was originated by Pharrah Jackson, Vice President at Greystone, on behalf of non-profit housing developer Arlington Partnership for Affordable Housing (APAH).
  • The Freddie Mac Forward commitment financing includes a 48-month construction period with a 17-year permanent loan term.
  • “Having partners like Greystone is fundamental to securing the critical financing needed to make a project of this magnitude possible.
  • “We are thrilled to play a role as the permanent lender with Freddie Mac’s Forward TEL program, which has been truly transformative in the affordable housing construction space.

HII Dedicates 20th and 21st Habitat for Humanity Homes

Retrieved on: 
Tuesday, December 12, 2023

NEWPORT NEWS, Va., Dec. 12, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that the company’s Newport News Shipbuilding (NNS) division joined elected officials and community leaders Tuesday to dedicate the 20th and 21st houses shipyard volunteers have constructed in partnership with Habitat for Humanity Peninsula and Greater Williamsburg since 2002.

Key Points: 
  • NEWPORT NEWS, Va., Dec. 12, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that the company’s Newport News Shipbuilding (NNS) division joined elected officials and community leaders Tuesday to dedicate the 20th and 21st houses shipyard volunteers have constructed in partnership with Habitat for Humanity Peninsula and Greater Williamsburg since 2002.
  • The ribbon cutting welcomed the families to their new homes, which were partly built by Habitat for Humanity using 3D printing technology.
  • NNS President Jennifer Boykin and NNS Vice President of Engineering and Design Dave Bolcar presented the house keys to the families.
  • “He lent his craftsmanship, love and service to help shape the Habitat homes we supported, so it was an honor to build these two homes in his memory,” Boykin shared.

FHLBank Topeka Kicks Off Native American Heritage Month with $3 Million in Grant Funds

Retrieved on: 
Wednesday, November 1, 2023

Topeka, Kansas, Nov. 01, 2023 (GLOBE NEWSWIRE) -- As Native American Heritage Month begins across the country, FHLBank Topeka is proud to support grassroots efforts in its district to serve the housing needs of Native Americans.

Key Points: 
  • Topeka, Kansas, Nov. 01, 2023 (GLOBE NEWSWIRE) -- As Native American Heritage Month begins across the country, FHLBank Topeka is proud to support grassroots efforts in its district to serve the housing needs of Native Americans.
  • Through its inaugural offering of the Native American Housing Initiatives (NAHI) Grants Program, FHLBank Topeka will award $3 million in grant funding through its members to Native American tribes and tribally designated housing entities.
  • “Native American communities are an important part of our district.
  • Some examples include a 12-room youth homeless shelter, assistance with home repairs for tribal elders and support for down payments for Native American homeowners.

Alameda County Housing Authorities Collaborate to serve 875 Households through HUD's Emergency Housing Voucher Program

Retrieved on: 
Wednesday, October 18, 2023

The Berkeley Housing Authority, Housing Authority of the City of Alameda, Oakland Housing Authority, and the Housing Authority of the County of Alameda teamed up to serve 875 Alameda County households through the Emergency Housing Voucher (EHV) program.

Key Points: 
  • The Berkeley Housing Authority, Housing Authority of the City of Alameda, Oakland Housing Authority, and the Housing Authority of the County of Alameda teamed up to serve 875 Alameda County households through the Emergency Housing Voucher (EHV) program.
  • The Housing Authority of the City of Oakland (OHA) was awarded 515 Emergency Housing Vouchers in May 2021.
  • The collaboration amongst OHA, BHA, HACA, and AHA resulted in 875 Alameda County households securing (or in the final stages of securing) permanent housing.
  • Additionally, many best practices were developed and shared amongst the Housing Authorities, which can then be replicated for future special purpose voucher awards.

More than $539,000 in Strategic Grants Awarded by Community Foundation

Retrieved on: 
Wednesday, October 18, 2023

FREDERICK, Md., Oct. 18, 2023 /PRNewswire-PRWeb/ -- The Community Foundation of Frederick County is excited to announce that it awarded more than $539,000 in strategic grants to 21 area nonprofits dedicated to improving lives and enhancing Frederick County.

Key Points: 
  • FREDERICK, Md., Oct. 18, 2023 /PRNewswire-PRWeb/ -- The Community Foundation of Frederick County is excited to announce that it awarded more than $539,000 in strategic grants to 21 area nonprofits dedicated to improving lives and enhancing Frederick County.
  • The Community Foundation's strategic grants focus on supporting families with children, preparing for a growing aging population, and responding to substance use disorder.
  • Generous donors who have created unrestricted funds trust the Community Foundation to award grants that address the community's most pressing needs.
  • As a leader in grant and scholarship funding, The Community Foundation of Frederick County has given back more than $94 million to the community since 1986.

Empowering Illinois Communities: Solstice and The Housing Authority of Cook County Collaborate to Expand Renewable Energy Access

Retrieved on: 
Monday, August 28, 2023

With over 2,100 income-based housing units and rental assistance services for 13,000 families, the Housing Authority of Cook County is the second largest public housing authority in Illinois.

Key Points: 
  • With over 2,100 income-based housing units and rental assistance services for 13,000 families, the Housing Authority of Cook County is the second largest public housing authority in Illinois.
  • Solstice will provide bilingual community solar education and enrollment events to residents, enabling them to access clean, renewable energy at reduced costs.
  • "The collaboration between Solstice and The Housing Authority of Cook County to expand renewable energy access is a testament to the positive change that can be achieved when organizations come together with a shared mission.
  • The Housing Authority of Cook County is one of the many government agencies that Solstice has worked with this year.

Matrix Rental Solutions appoints two housing policy veterans to its advisory board

Retrieved on: 
Tuesday, April 4, 2023

Matrix Rental Solutions , a Stamford, Connecticut-based technology company on a mission to improve access to fair and affordable housing, announced today the appointment of Joseph M. Ventrone and Rick Gentry to its board of advisors.

Key Points: 
  • Matrix Rental Solutions , a Stamford, Connecticut-based technology company on a mission to improve access to fair and affordable housing, announced today the appointment of Joseph M. Ventrone and Rick Gentry to its board of advisors.
  • Ventrone and Gentry will draw from their extensive experience to help guide Matrix as it aims to expand adoption of the Universal Rental Application and other cutting-edge affordable housing solutions.
  • Joe believes firmly that home is where the heart is and he has dedicated his career to housing policy and related financial and property issues.
  • Matrix’s Universal Rental Application is a huge breakthrough in making the rental process more streamlined and equitable.

HAI Group Names New Chief Operating Officer, Further Expands C-Suite with Chief Legal and Compliance Officer Hire

Retrieved on: 
Wednesday, April 5, 2023

CHESHIRE, Conn., April 5, 2023 /PRNewswire-PRWeb/ -- HAI Group, the nation's leading member-owned property-casualty insurance company for the affordable housing industry, announced today that it has named a new chief operating officer and a new chief legal and compliance officer.

Key Points: 
  • Troy LePage, the company's chief financial officer, will assume the additional role of chief operating officer and Tony Corleto was named chief legal and compliance officer.
  • CHESHIRE, Conn., April 5, 2023 /PRNewswire-PRWeb/ -- HAI Group, the nation's leading member-owned property-casualty insurance company for the affordable housing industry, announced today that it has named a new chief operating officer and a new chief legal and compliance officer.
  • Troy LePage, the company's chief financial officer, will assume the additional role of chief operating officer.
  • He joined HAI Group in 2017 and has held a variety of senior-level positions at the company, including director of enterprise compliance and chief compliance officer.

Richman Celebrates Grand Opening of The Retreat

Retrieved on: 
Friday, March 24, 2023

MERCED, Calif., March 23, 2023 /PRNewswire/ -- The Richman Group of California, an innovator in apartment development, in partnership with long-time non-profit collaborator the Central Valley Coalition for Affordable Housing and Richman Property Services, a national leader in multifamily management, on March 1, 2023 celebrated the ribbon-cutting for their newest affordable community, The Retreat at Merced, in Merced, Calif.

Key Points: 
  • "The Retreat could not have been accomplished without the dedication and commitment of the public and private partners involved," said Rick Westberg, Executive Vice President at Richman.
  • Situated at 1137 B Street, The Retreat puts residents just minutes away from the retail opportunities, popular coffee shops and restaurants.
  • Those looking for a quiet retreat can hit up nearby Flanagan Park, Applegate Park, Burbank Park, Rahilly Park or Courthouse Square Park.
  • The mix of homes at The Retreat include one-, two- and three-bedroom options, ranging from 573 to 1,302 square feet.