LIHC

Vitus and LIHC Investment Group Preserve 34 Affordable Homes in Santa Fe Springs and Complete Major Renovation

Retrieved on: 
Tuesday, September 19, 2023
Construction & Property, Residential Building & Real Estate, Lighting, SBP (nonprofit organization), Housing, Paint, LIHC, HUD, Section 8, HVAC, City, AMI, Villa Verde, Meditation, ADA, Property management, Tourism, Heating, ventilation, and air conditioning, Vitus

Vitus , a national developer and owner of affordable housing, and LIHC Investment Group , one of the country’s largest owners of affordable housing, today announced the completion of extensive renovations at Villa Verde Apartments in Santa Fe Springs.

Key Points: 
  • Vitus , a national developer and owner of affordable housing, and LIHC Investment Group , one of the country’s largest owners of affordable housing, today announced the completion of extensive renovations at Villa Verde Apartments in Santa Fe Springs.
  • As a result of the preservation, Vitus and LIHC have agreed to keep Villa Verde affordable for another 50 years, through at least 2073.
  • “The revitalization of Villa Verde Apartments will help preserve long-term affordable housing for a community of low-income residents,” said Samantha Cullen, Director of Development at Vitus.
  • “These extensive upgrades and improvements make it possible to maintain Villa Verde as safe, high-quality, affordable housing for the Santa Fe Springs community now and into the future.

FAIRSTEAD AND LIHC INVESTMENT GROUP ANNOUNCE NEW GROUND-UP MIXED-INCOME DEVELOPMENT AT ESSEX PLAZA IN NEWARK, NJ

Retrieved on: 
Wednesday, May 4, 2022
Leadership in Energy and Environmental Design, Fairstead, Partnership, LEED, Lincoln Park Historic District, Industry, Broad Street, Newark Symphony Hall, Workforce, Marketing, Efficiency, Orchard Street, Prudential Center, LIHC, Housing, City, Ownership, Multimedia, Renewable energy, Property management, Newark City Hall

NEWARK, N.J., May 4, 2022 /PRNewswire/ -- Fairstead, a purpose-driven, vertically integrated real estate company committed to sustainable development and the creation and preservation of high-quality housing, and LIHC Investment Group today announced a new ground-up development proposal for a mixed-income building at Essex Plaza in Newark, New Jersey. The six-story, 365,000-square-foot proposed development would consist of 241 residential apartments, ground-floor commercial and amenity space, and underground parking. The development would be built as part of New Jersey's Clean Energy Program, taking a whole-building approach to saving energy with a tailored energy reduction plan to promote efficiency and sustainability. See renderings of the proposed new development here.

Key Points: 
  • "Fairstead and LIHC are preserving and revitalizing the existing housing stock at Essex Plaza and proposing a new vision for additional housing at the site to further our investment in and partnership with the Newark community."
  • "Essex Plaza is a chance to do it all, holistically, while making huge strides toward a more green and sustainable Newark."
  • In November, Fairstead and LIHC acquired the Essex Plaza portfolio to preserve 691 units of low-income housing in Newark.
  • Led by Charlie and Andrew Gendron, LIHC Investment Group has grown to become one of the most respected real estate investment groups in the industry.

Learn with Leaders launches the biggest social impact fellowship for the youth with organizations at Harvard and MIT

Retrieved on: 
Monday, October 18, 2021
Tetra, Leadership, LIHC, Solution, Harvard University, Nivea, Technology, Program, Faculty, Senior, Ivy League, P&G, Tetra Pak, Leadership Institute, Mentorship, Harvard College, Forbes, MIT Solve, Education, LTI, SOLVE, IDEA, International relations, MIT, TWF, Fellow, Health, Curriculum, Social change, Student, Learning, The Harvard Project for Asian and International Relations, Thought, HPAIR, NYU, Institute, Dean (education), Partnership, Benaroya, Entrepreneurship, Problem solving, Culture, Acceleration, Management, Toy, Tutoring

The Fellowship aims to facilitate experiential learning through global and cross-cultural networking and team-based learning.

Key Points: 
  • The Fellowship aims to facilitate experiential learning through global and cross-cultural networking and team-based learning.
  • We can't wait to see the innovative solutions these young minds develop,' said Jessica Wu, Director of Internal Relations, HPAIR.
  • The Fellowship is enriched through LIHC's Leadership Curriculum and the Institute's network of mentors who are coaching Fellows on social change through effective leadership.
  • We want to transform the next generation into path-breaking change-makers making a mark on this world with their social impact journeys.