Los Angeles -- Alpha Development is completing a four-year effort to preserve all of its affordable housing – 1,330 apartments spread across 69 properties. The portfolio required intricate layers of financing that added up to more than $90 million.
Many cities are hungry for mixed-use affordable housing developments. City planners believe housing complemented by retail is key to community revitalization.
New Orleans – Six months after Hurricane Katrina wreaked destruction on the Big Easy, efforts to rebuild and repopulate the city remain stalled, according to Amy Liu, deputy director for the Brookings Institution.
eral Housing Administration (FHA)-insured multifamily loan firm commitments dropped 25% from $7.3 billion in fiscal year 2004 to $5.5 billion in fiscal year 2005, which ended Sept. 30, 2005.
Oakland, Calif. — Citizens Housing Corp. (CHC) has saved The Altenheim here in the Fruitvale area from dereliction