Local Markets

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Richman Raises $474 Million in Three Funds

The properties that will be acquired by these funds will provide affordable housing for families, seniors, and special-needs tenants and will add almost 6,000 units to Richman's portfolio of more than 100,000 units. More

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Herbert to Lead Harvard's Joint Center for Housing Studies

Christopher E. Herbert will step into the top post at the Harvard Joint Center for... More

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Investment in Poor Communities Improves Family Income

LISC's review of 63 neighborhoods where the nonprofit has been investing found that employment and incomes each grew by 9 percent more than they did in similar communities that were not part of its long-term investment strategy. More

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Affordable Housing, Theaters Co-Star in Seattle Development

A bold mixed-use development that blends affordable housing, two theaters,... More

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California Developer Closes Escrow on Three Properties

Chelsea Investment Corp. announces three deals that will provide nearly 260... More

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Rising Cedar a Model for Serving Mentally Ill Adults

Rising Cedar in Minneapolis has created a new model for providing service-­enriched housing for adults with serious and persistent mental health illness. It has integrated 40 units of permanent supportive housing for adults suffering from mental illness, with ­social services and the service provider, Touchstone Mental Health, headquartered under the same roof. More

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Industry Needs to Restart Education Efforts for LIHTC

Leaders urge developers to also showcase developments with HUD and Rural Development financing. More

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LISC Seeks to Spur Arts and Cultural Investments in Low-Income Communities

The Kresge Foundation is providing $3.5 million in seed funding for a new “creative placemaking” initiative, which will fund projects ranging from live/work space for artists to arts-related businesses. More

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Developer Helps to Transform Milwaukee Neighborhoods

Gorman & Co. purchases vacant lots and foreclosed homes from the city to create... More

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Project-Based VASH: Powering the Push to End Chronic Homelessness Among Veterans

Debbie Burkart of National Equity Fund discusses the role of the HUD-VASH program... More

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2024 Readers’ Choice Awards Open for Nominations

The deadline to enter your outstanding affordable housing developments is April 1. More

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