Microsoft-backed fund finances Kent development

Microsoft-backed affordable housing fund helps finance Kent development

bizjournals bizjournals | 1 year ago

The $56 million project faced a $10.8 million financing gap due to unexpected increases in construction costs and interest rates.

Exclusive: Wendover gives first look at development plans for Universal Orlando-backed affordable ho...

bizjournals bizjournals | 2 years ago

The land is leased from a nonprofit connected to Universal for $10 per year.

What it took to finance one "affordable" housing development in Troy

bizjournals bizjournals | 1 year ago

The Hillside Views neighborhood revitalization project was one of the first large-scale new development projects led by the TRIP and Unity House.

NexMetro developer launches Arizona affordable housing fund program

bizjournals bizjournals | 1 year ago

A pioneer in the wildly popular build-to-rent sector, NexMetro has become the first to launch a "Rent Round Up" program to support the Arizona Housing Fund. Here's why.

Proposed affordable housing project in Orlando targets development

bizjournals bizjournals | 2 years ago

Orlando has a 70,000-unit shortage of affordable housing.

Montgomery County creates new affordable housing fund to subsidize property acquisition

bizjournals bizjournals | 2 years ago

Policymakers say they're worried about losing housing affordability, especially in developing areas around the unfolding Purple Line.

Mayor Breed-backed affordable housing measure to appear on November ballot

bizjournals bizjournals | 1 year ago

The measure, which would grant streamlined approval to qualifying residential projects, may face a challenge in a competing measure that could appear on the same ballot.

Honolulu recommends Affordable Housing Fund awards for six projects

bizjournals bizjournals | 1 year ago

The projects will create 972 affordable housing units within the next five years.

First of its kind affordable housing development approved in St. Pete

bizjournals bizjournals | 2 years ago

This development — which will be entirely made up of affordable and workforce housing — is the first to be approved under the new ordinance that allows affordable housing projects to be built in non-residential zoned areas.