With 31,418 units, Michaels Development Co. is the largest owner of affordable housing, and with 1,856 units started in 2006, The NRP Group is the top developer, according to a national survey by Affordable Housing Finance. Read more
PHILADELPHIA—Robert Greer still remembers the night police officers asked him to leave his own development meeting. Read more
The price for low-income housing tax credits continued to drop in the first quarter of 2007, according to several state and local equity funds. Read more
SACRAMENTO, CA.—The first of the $2.85 billion Proposition 1C bond money is expected to hit the streets this summer. Read more
Led by an increased presence in the seniors housing market, Fannie Mae helped finance $34.3 billion in multifamily rental housing in 2006. Read more
RANCHO CUCAMONGA, CA.—The name National Community Renaissance (National CORE) may not be that familiar, but the people behind it are. Read more
BERKELEY, CA.—This is a story about an affordable housing development that endured a costly legal battle and took nearly eight years to build. Read more
Dominium Group, Inc., knows a thing or two about flexibility. Read more
VALDOSTA , GA.—You wouldn’t think a company barely a dozen years old would need to reinvent itself. But Ambling Cos., Inc., has changed directions twice since its founding in 1994. Read more
Realtex Development was the first company to break ground on a new construction project in the Gulf Opportunity (GO) Zone, according to President Rick Deyoe. Sunset Way Apartments in Port Arthur, Texas, broke ground in July 2006. Read more
John Fallon spent years trying to help a homeless man whom we’ll call patient R, a paranoid schizophrenic and alcoholic who spent 21 years on the streets, in emergency rooms, and in the jails in and around Chicago. Read more
SEATTLE—The visitors outside don’t know what’s just around the corner. Read more
We all know that local resistance to the construction of affordable rental family housing is a key factor affecting our industry and the housing opportunities we can provide. Read more
Longtime affordable housing developers may not recognize the name, but they probably know some of the people behind Centerline Capital Group. Read more
Several important housing policies have been adopted or proposed in the West in the last several months, a sign of the depth of the affordable housing problem across the region. Read more
DENVER—Mercy Housing has been adding about a thousand units to its portfolio every year for the last five years. Read more