Redevelopment agency

Vitus to Preserve Trio of Affordable Housing Properties in Sacramento

Retrieved on: 
Monday, November 7, 2022

Vitus , a national developer and owner of affordable housing, announced the acquisition of River City Trio in Sacramento.

Key Points: 
  • Vitus , a national developer and owner of affordable housing, announced the acquisition of River City Trio in Sacramento.
  • In addition to renovating these properties, Vitus is preserving them as an affordable housing community for decades to come.
  • The acquisition of River City Trio is an exciting step forward in our expansion into California and creating affordable housing for low-income residents in Sacramento County, said Brooke Kim, director of development at Vitus.
  • The portfolio also utilized a bond issuance of multifamily housing revenue bonds from the Sacramento Housing and Redevelopment Agency (SHRA).

OpenGov Makes Gains with Larger Governments and School Districts, Closes Cartegraph Deal, and Strengthens Leadership Team with Notable New Hires

Retrieved on: 
Tuesday, September 27, 2022

The company also acquired operations and asset management leader Cartegraph, raised additional capital to fuel commercial growth and R&D investment, and made key leadership hires.

Key Points: 
  • The company also acquired operations and asset management leader Cartegraph, raised additional capital to fuel commercial growth and R&D investment, and made key leadership hires.
  • OpenGov grows 23%, makes gains with large governments, closes Cartegraph deal, and adds to its leadership team and board
    OpenGov's revenue grew 23% (year over year) in the first half of 2022.
  • On September 1, OpenGov's acquisition of Cartegraph officially closed and the company solidified its over $1 billion dollar valuation a notable achievement in an environment of ongoing investor uncertainty.
  • In addition to Mr. Roberson's board appointment, OpenGov made a number of key leadership hires.

NCLF and Lynx Awarded Contract to Locate People Displaced by the San Francisco Redevelopment Agency in the 1960s and 1970s

Retrieved on: 
Thursday, September 22, 2022

In the decades that followed, however, the rebuilding of affordable housing in San Francisco was not adequate to provide new homes for many of the displaced persons.

Key Points: 
  • In the decades that followed, however, the rebuilding of affordable housing in San Francisco was not adequate to provide new homes for many of the displaced persons.
  • Lynx Insights & Investigations, Inc. ("Lynx") is a private investigations firm with offices in San Francisco and Los Angeles.
  • NCLF and Lynx were awarded the contract to locate and contact these displaced people by the OCII in competitive bidding.
  • About Lynx Insights & Investigations, Inc.: Lynx is an innovative private investigations firm that was founded in San Francisco in 2010.

Community Redevelopment Adds Lara L. Fritts, CEcD, FM To The Role Of Executive Vice President As Company Continues Rapid Growth

Retrieved on: 
Monday, November 15, 2021

Ms. Fritts will contribute her significant expertise in business and economic development to Community Redevelopment, which added the Executive Vice President position to provide more fuel to its already rapidly growing operation.

Key Points: 
  • Ms. Fritts will contribute her significant expertise in business and economic development to Community Redevelopment, which added the Executive Vice President position to provide more fuel to its already rapidly growing operation.
  • Mr. Antonio continued, Community Redevelopment continues to invest in our business to support our explosive growth, however, our investment in leadership must be relentless.
  • Lara Fritts, Executive Vice President of Community Redevelopment, said, Ive always thought of myself as a builder at heart, and I look forward to combining my experiences with the ambition and skill of the current Community Redevelopment team to further build financial success for our company.
  • Lara Fritts is a certified economic developer with over 25 years of experience in economic development, management, and technology.

Developer Files for New Commercial Building on W. First Street; Former Industrial Site Would Be Mixed-Use with Public Realm Enhancements

Retrieved on: 
Wednesday, October 13, 2021

To view the full announcement, including downloadable images, bios, and more, click here .

Key Points: 
  • To view the full announcement, including downloadable images, bios, and more, click here .
  • The Broadway Company, along with its partners, Stoneriver Properties and Brendon Properties Inc., has filed an Application for Article 80 Small Project Review with the Boston Planning and Redevelopment Agency.
  • The Broadway Company is an innovative, technology enabled real estate investment platform founded in 2011.
  • The company's investments span asset classes and locations, including investments in multifamily, manufactured housing and single-family residences.