Mitchell–Lama Housing Program

Texas Capital and FHLB Dallas Celebrate the Opening of Senior Living Apartment Homes Helped by $750K in Funding

Retrieved on: 
Friday, November 17, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banking, Capital Bank, Recreation, FHLB, Multimedia, Investment, AHP, Federal Home Loan Banks, Texas Capital Bank, Health, Rehabilitation, Housing, Mitchell–Lama Housing Program, COVID, CRA, Interior design

Local real estate developers, community partners and residents celebrated the grand opening of Cowan Place Senior Living (Cowan Place).

Key Points: 
  • Local real estate developers, community partners and residents celebrated the grand opening of Cowan Place Senior Living (Cowan Place).
  • It was built with the assistance of a $750,000 Affordable Housing Program (AHP) subsidy provided by the Federal Home Loan Bank of Dallas (FHLB Dallas) through one of its members, Texas Capital Bank (Texas Capital) in the Stop Six neighborhood of Fort Worth, Texas.
  • View the full release here: https://www.businesswire.com/news/home/20231117702197/en/
    Alex Fitzgerald and Melanie Dill of FHLB Dallas, Worley Barker and Michelle George of Texas Capital Bank and Mary-Margaret Lemons of Fort Worth Housing Solutions celebrate the opening of Cowan Place Senior Living in Fort Worth, Texas.
  • “We could not have finished this project without the money provided by the Federal Home Loan Bank of Dallas and Texas Capital as a partner.

CFP Board Center for Financial Planning Announces 2023 Diversity Summit & Virtual Career Fair Agenda

Retrieved on: 
Tuesday, September 19, 2023
Private banking, Media Group, CAE, Senior, Investment, Personal, MBA, Diversity, ESG, Digital, Adviser, National Urban League, Renaissance, Tawdheef Career Fair, Vice Media, Mitchell–Lama Housing Program, WIN, Fidelity Investments, MS, National Homelessness Advice Service, Bank of America Private Bank, Partner, Strategic management, Planner, Certified Financial Planner Board of Standards, The Washington Post, Fair, Finance, Harvard Business Review, Assistant, DE, CDFA, Doctor of Philosophy, Economy, Woman, Student, Texas Tech University, Community, Ecosystem, Bank, Summit, Family, Nursing, Management

WASHINGTON, Sept. 19, 2023 /PRNewswire/ -- CFP Board Center for Financial Planning ("Center") announced today the agenda for its sixth annual Diversity Summit and Career Fair .

Key Points: 
  • WASHINGTON, Sept. 19, 2023 /PRNewswire/ -- CFP Board Center for Financial Planning ("Center") announced today the agenda for its sixth annual Diversity Summit and Career Fair .
  • The Diversity Summit will occur in person at the Renaissance Arlington Capital View Hotel in Arlington, Virginia, on November 9, 2023, preceded by a virtual Diversity Career Fair on November 8.
  • The Diversity Summit, one of the only diversity-centric events in the financial planning space, facilitates discussions on initiatives for a more diverse, inclusive and equitable financial planning profession.
  • For more information on the Diversity Summit and virtual Career Fair, including the agenda and speakers, visit CFP Board's website, where you can also:
    Register separately for the Career Fair , which will take place on November 8.

IEM Selected as a Program Manager for Disaster Management Project in Puerto Rico

Retrieved on: 
Wednesday, March 22, 2023
Housing, Mitchell–Lama Housing Program, U.S. Department of Commerce Office of Security, Private law, United States Secretary of Housing and Urban Development, Disaster recovery, HUD, Community Development Block Grant, Disaster, IEM, Risk, Puerto Rico Department of Housing, Weather, Insurance

MORRISVILLE, N.C., March 22, 2023 /PRNewswire/ -- IEM, the nation's largest woman- and minority-owned disaster recovery and emergency management firm, was recently awarded a multimillion-dollar contract for three years to serve as a Program Manager for the Puerto Rico Department of Housing's (PRDOH) federally-funded $5 billion Housing Programs. The federal funds are provided by the U.S. Department of Housing and Urban Development (HUD) using Community Development Block Grants for Disaster Recovery (CDBG-DR) and Mitigation (CDBG-MIT) activities. 

Key Points: 
  • Firm is awarded $51 million recovery contract to further build a safe, secure, resilient Puerto Rico.
  • The IEM team remains committed to assisting Puerto Ricans with reconstruction following these deadly hurricanes," said Vice President for Disaster Recovery, Jon Mabry.
  • IEM has extensive experience in the implementation of multi-billion dollar housing recovery programs and housing management systems.
  • IEM's talented disaster recovery experts possess the skills and knowledge to effectively spearhead and expedite this program.

Red River Bank and FHLB Dallas Celebrate the Grand Opening of Affordable Housing Development

Retrieved on: 
Friday, February 17, 2023
Banking, Professional Services, Philanthropy, Consumer, Other Construction & Property, Residential Building & Real Estate, Construction & Property, Fund Raising, Foundation, Other Professional Services, Seniors, Finance, Other Philanthropy, CRA, Federal Home Loan Banks, Mitchell–Lama Housing Program, AHP, Ageing, Housing, Meal, Neighbourly (community investment platform), Multimedia, Rehabilitation, FHLB, Environment, Real estate, Management

Representatives from Red River Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) joined Gulf Coast Housing Partnership (GCHP) and the East Baton Rouge Council on Aging at the grand opening of The Lotus Village Senior Living Community.

Key Points: 
  • Representatives from Red River Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) joined Gulf Coast Housing Partnership (GCHP) and the East Baton Rouge Council on Aging at the grand opening of The Lotus Village Senior Living Community.
  • GCHP received a $750,000 Affordable Housing Program (AHP) subsidy from Red River Bank and FHLB Dallas.
  • Representatives celebrated with a ribbon cutting at the $25 million affordable housing community in Baton Rouge, Louisiana.
  • View the full release here: https://www.businesswire.com/news/home/20230217005318/en/
    Representatives from Red River Bank, Gulf Coast Housing Partnership and the Federal Home Loan Bank of Dallas joined the East Baton Rouge Council on Aging to celebrate the grand opening of The Lotus Village Senior Living Community in Baton Rouge, Louisiana, which received a $750,000 Affordable Housing Program subsidy.

Texas PACE Authority Wins Approval to Provide Financing for HUD and FHA Multi-Family Projects in Texas

Retrieved on: 
Tuesday, January 24, 2023
Housing, Farmers Branch, Texas, Inflation Reduction Act of 2022, National Low Income Housing Coalition, HUD, Tom Heydinger, Water, Federal Housing Administration, City, Farmer, Mitchell–Lama Housing Program, United States Department of Housing and Urban Development, PACE, FHA, U.S. Department of Housing and Urban Development, Office of Inspector General, Inflation, Renewable energy, Growth

"This authorization is a huge win for low-income populations in Texas that are desperate for affordable and sustainable housing in rural and urban areas alike," said Charlene Heydinger, president of the Texas PACE Authority.

Key Points: 
  • "This authorization is a huge win for low-income populations in Texas that are desperate for affordable and sustainable housing in rural and urban areas alike," said Charlene Heydinger, president of the Texas PACE Authority.
  • HUD's approval was issued on Dec. 23 after carefully reviewing the Texas PACE Authority's eligibility criteria, standardized contracts, and underwriting standards.
  • Since 2013, the Texas PACE Authority helped mobilize more than $362 million of PACE financing for energy and water efficiency projects across Texas.
  • "All of these cities have established PACE programs administered by Texas PACE Authority that can now use PACE to facilitate increased HUD and FHA multifamily investments to address their housing shortages," Heydinger said.

First National Bank and FHLB Dallas Award $435K for Affordable Housing

Retrieved on: 
Tuesday, December 6, 2022
Construction & Property, Seniors, Banking, Professional Services, Philanthropy, Consumer, Other Philanthropy, Foundation, Residential Building & Real Estate, Housing, Rehabilitation, First National Bank, Federal Home Loan Bank Board, FHLB, Partnership, Village of Arlington Heights v. Metropolitan Housing Development Corp., Bank, FNB, Mitchell–Lama Housing Program, National bank, Federal Home Loan Banks, AHP, City, National Trust Community Investment Corporation, Multimedia, Ageing, Congress, Organization, Real estate

First National Bank (FNB) and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $435,000 Affordable Housing Program subsidy to Paragould Housing Development Corp. for an older-adult-focused housing development.

Key Points: 
  • First National Bank (FNB) and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $435,000 Affordable Housing Program subsidy to Paragould Housing Development Corp. for an older-adult-focused housing development.
  • View the full release here: https://www.businesswire.com/news/home/20221206006072/en/
    Paragould Housing Authority received $435,000 from the Federal Home Loan Bank of Dallas and First National Bank for an affordable housing development in Paragould, Arkansas.
  • AHP funds are intended to assist FHLB Dallas members in financing the purchase, construction and/or rehabilitation of owner-occupied, rental or transitional housing, and housing for homeless individuals.
  • In 2022, FHLB Dallas awarded $17.2 million in subsidies to 26 affordable housing projects to help create or rehabilitate 2,022 housing units, including nearly $1.2 million for 228 units in Arkansas.

Angolan Government and Mitrelli Group Inaugurate Mega-Project to House 20,000 People

Retrieved on: 
Monday, May 16, 2022
Education, Knowledge, Goal, Housing, Quality of life, Excellency, List, Jawaharlal Nehru National Urban Renewal Mission, Angolan, Ministry, Mitchell–Lama Housing Program, Ministry of Health (Saudi Arabia), Hope, Water, Life, Ministry of Energy and Water, PIMS, Centrality, Public works, Founder, Government, African, Renewable energy, Tourism, Health

LUANDA, Angola , May 16, 2022 /PRNewswire/ -- The community and housing project, Centralidade do Halavala, located in the municipality of Bailundo, Huambo Province was inaugurated this morning (Friday May 13th), in the presence of His Excellency, the President of Angola, João Lourenço, senior government figures, and a leading delegation of Kora and the Mitrelli Group, led by its President and Founder, Haim Taib.

Key Points: 
  • The project's aim is to build urban communities, and was envisioned by the Angolan Government within the scope of the National Urbanism and Housing Program (PNUH), and implemented together with the contractor Kora, the real-estate and urbanism subsidiary of the Mitrelli Group.
  • The realization of projects of this importance and scope leaves in us a feeling of deep satisfaction and I am honored that Mitrelli Group is supporting the Government in this meaningful enterprise.
  • Mitrelli Group is an international Group of subsidiaries, which develops sustainable synergetic holistic models in various fields of activity for countries in Africa.
  • With over 2300 employees around the world, Mitrelli operates today more than 80 mega-projects in Angola, Cote D'Ivoire, Senegal, Mozambique and beyond.

Adam Butler Promoted to Managing Director of FirstService Residential's Metropolitan Division

Retrieved on: 
Monday, May 9, 2022
Metropolitan Division, TSX, Industry, FirstService, Butler, Solution, Mitchell–Lama Housing Program, NASDAQ, Property management, Management

NEW YORK, May 9, 2022 /PRNewswire-PRWeb/ -- FirstService Residential, New York's leading residential property management company, announced the promotion of Adam Butler to Managing Director of the Metropolitan Division, a segment of the company dedicated to providing property management services to income-restricted and Mitchell Lama properties in Brooklyn, Queens, The Bronx, and Manhattan.

Key Points: 
  • NEW YORK, May 9, 2022 /PRNewswire-PRWeb/ -- FirstService Residential, New York's leading residential property management company, announced the promotion of Adam Butler to Managing Director of the Metropolitan Division, a segment of the company dedicated to providing property management services to income-restricted and Mitchell Lama properties in Brooklyn, Queens, The Bronx, and Manhattan.
  • As Managing Director, Butler oversees a dedicated team of property managers who are responsible for more than 3,200 residential units across eight multifamily apartment complexes.
  • Butler joined FirstService Residential in 2017 as general manager of Bayridge Air Rights, a New York State Mitchell Lama cooperative with over 800 apartments.
  • "I very much look forward to beginning a new chapter of service for the boards, shareholders and residents that are served by the Metropolitan Division."

Amazon Commits $10.6 Million to Create 130 Affordable Homes and Expand Social Services in Nashville, Bringing Total Commitment in Local Affordable Housing to Nearly $100 Million

Retrieved on: 
Wednesday, May 4, 2022
Technology, Retail, Public Policy, Government, Residential Building & Real Estate, Online Retail, Construction & Property, Other Philanthropy, Philanthropy, Software, Networks, Internet, Urban Planning, State, Local, Data Management, Thought, Mitchell–Lama Housing Program, Housing, Alexa, Imprisonment, California Business, Transportation and Housing Agency, Social work, National Urban League, Lindsley Avenue Church of Christ, Woman, NASDAQ, Speech disorder, Man, Amazon Echo, AMI, Kindle Direct Publishing, Color, Work, Partnership, Risk, Amazon Studios, Public policy, CrossBridge, Amazon Fire TV, Climate, Wego, Walk Out, Solution, Transport, Climate Pledge Arena, 50 United Nations Plaza Federal Office Building (San Francisco), Demonstration Cities and Metropolitan Development Act, AWS, AMZN, Multimedia, Renewable energy, Furniture, Pharmaceutical industry, Online shopping, Fire, Kindle, Amazon

These new developments will provide affordable housing, social services support, and convenient access to public transportation to hundreds of families and individuals in the city.

Key Points: 
  • These new developments will provide affordable housing, social services support, and convenient access to public transportation to hundreds of families and individuals in the city.
  • Over the past two years, Amazon has committed more than $94 million to affordable housing efforts in Nashville.
  • In 2020, Amazon donated $2.25 million to local affordable housing nonprofit The Housing Fundand followed up with another $1.5 million in 2021to support housing residents in Nashville at risk of losing their homes.
  • After launching the Housing Equity Fund in January 2021, Amazon announced a $75 million commitment to create 800 affordable homes near WeGo transit corridors.

Earvin “Magic” Johnson and Simply Healthcare Seek to Improve Health Equity by Strenghtening Access to Safe and Affordable Housing

Retrieved on: 
Thursday, April 21, 2022
Mental Health, Men, General Health, Professional Services, Philanthropy, Family, Celebrity, Consumer, Entertainment, Residential Building & Real Estate, Construction & Property, Health, Other Philanthropy, Other Health, Other Consumer, Insurance, Women, Health equity, Mitchell–Lama Housing Program, Health Resources and Services Administration, Joint Center for Housing Studies, Medicaid, Homelessness, Medicare Advantage, CQD, National, Patient, Public housing, HIV/AIDS, COO, Holden Heights, Florida, Â, Institute of World Economy and International Relations, Harvard University, Color, Florida Medicaid waiver, Housing, Multimedia, Health, NBA, Medicare, Risk management, Renewable energy, Health insurance, Simply

NBA basketball legend Earvin Magic Johnson teamed up once again with Simply Healthcare Plans (Simply) to improve the health and well-being of Floridians, this time with a focus on how housing affects health.

Key Points: 
  • NBA basketball legend Earvin Magic Johnson teamed up once again with Simply Healthcare Plans (Simply) to improve the health and well-being of Floridians, this time with a focus on how housing affects health.
  • Communities of color are among those who suffer the most and disproportionately experience housing instability, homelessness and poorer health outcomes.
  • The data is clear, those who face homelessness or housing instability often experience greater health challenges, said Holly Prince, President of Simply.
  • Simply is committed to bringing state leaders and communities together to ensure Floridians have access to safe and affordable housing so they can live healthier, happier lives.