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A rendering of the Northern Virginia skyline with the planned Amazon HQ2 buildings.
News

Amazon Commits $125M To Fund Affordable Housing Near Metro Stations

... in America, and Amazon’s funding will expedite affordable housing near transit reducing costs for both, while ... which stations the partnership plans to target for affordable housing development.  Metro has several existing joint development agreements ...

Jun 16, 2021
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Boston's Sluggish Affordable Housing Development Pace Leading To Mounting Frustration
News

Boston's Sluggish Affordable Housing Development Pace Leading To Mounting Frustration

... don’t end after approval amid the affordable housing industry's wide-ranging financial challenges, including ... Boston, Mount Vernon Co. Chairman Bruce Percelay said affordable housing developers need relaxed zoning hurdles.  “The current permitting ...

Aug 26, 2021
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NYCHA Strikes $60M Deal For Affordable Housing Project In Mott Haven
News

NYCHA Strikes $60M Deal For Affordable Housing Project In Mott Haven

... “We are excited to continue the legacy of fostering affordable housing options in the South Bronx, and look forward to ... coronavirus pandemic, with the borough’s heavy reliance on affordable housing and fewer transient renters likely giving it a boost and ...

Sep 29, 2021
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The Crystal House apartments at 1900 South Eads St. in Arlington.
News

Amazon Makes $40M Land Donation Near HQ2 For 550-Unit Affordable Housing Project

... to Arlington County to help build a 550-unit affordable housing project.  The move comes after Amazon in January ... House to Arlington County for the creation of additional  affordable housing, Amazon is reinforcing its strong commitment to ensuring that ...

Jul 13, 2021
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What's At Stake For Affordable Housing In The November Elections
News

What's At Stake For Affordable Housing In The November Elections

... itself, advocates want to ensure that critical affordable housing developments maintain financial feasibility.  While LIHTC provides ... payments for much-needed workforce housing, providing for more affordable housing preservation and creation. The Moving ...

Oct 15, 2020
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New San Jose Development Would Provide Affordable Housing For Seniors
News

New San Jose Development Would Provide Affordable Housing For Seniors

... . ROYGBIV Real Estate wants to build a 22-story affordable senior housing development at 19 North Second St., and it submitted ... SF in commercial space. All of the units will target affordable housing tenants, with one half targeting low-income seniors and ...

Sep 07, 2022
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CVS Pharmacists
News

CVS Health To Expand Clinics, Pursue Investment In Affordable Housing

... clinic-like, CVS Health has also been investing in affordable housing developments nationwide in recent years, which the company characterizes ... strategy. In 2020, the company invested over $114M in affordable housing, up from $75M in 2019. The company's ...

Oct 05, 2021
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Greysteel Hires Colliers Affordable Housing Investment Sales Brokers
News

Greysteel Hires Colliers Affordable Housing Investment Sales Brokers

... Lacebal and Doron Peled, previously of Colliers' affordable housing group and based in Orange County, Greysteel announced ... hired senior transaction coordinator Sierra Marangola from Colliers' affordable housing group.  “Making a change in our industry can ...

Aug 17, 2021
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Staff Shortages Are Slowing Affordable Housing Production, Preservation, Adams Official Says
News

Staff Shortages Are Slowing Affordable Housing Production, Preservation, Adams Official Says

... commissioner for development at HPD, said at Bisnow's Affordable Housing Summit last week at the New York Marriott Downtown ... government tax benefits aimed at spurring new housing development and preservation, namely Affordable New York, also known as 421a, ...

Aug 15, 2022
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A rendering of the mixed-use project planned next to the Congress Heights Metro station.
News

Long-Planned Office, Affordable Housing Project In Congress Heights Advances Under New Developers

... we’ve planned with Trammell Crow Company and the affordable housing units that NHT Communities will develop,” Standard President  ... a statement in support of the project, praising its affordable housing component.  The 179 apartments planned for the site ...

Jan 05, 2022
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