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Urban Finalists
SAN FRANCISCO— Mercy Housing California has broken new ground, building the first affordable housing high-rise in the city in about 20 years.
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People
Cris A. White has become executive director and CEO of the Colorado Housing and Finance Authority (CHFA).
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Harlem Renaissance
The Phipps Houses Group is building 259 new affordable apartments and renovating another building with 81 units in Harlem, with the help of the Tax Credit Assistance Program (TCAP).
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Massive NYC Public Housing Deal ReceivesFinancing
NEW YORK CITY—A major deal has been struck to bring much needed capital to rehab 20,139 units in 21 public housing developments in New York City.
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Boston Capital Invests in New York Project
Boston Capital is investing in Lafayette Manor, a 60-unit seniors development that will be built in Staten Island, N.Y
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Cyndi Lauper, West End Begin Project for Homeless Gay Youths
NEW YORK CITY—Singer Cyndi Lauper is one of the forces behind a trailblazing affordable housing development that’s under construction in Central Harlem.
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Yonkers Celebrates Start of Two Developments
YONKERS, N.Y.—Two significant affordable housing developments are under way here at the former site of the Mulford Gardens public housing complex and Ashburton Avenue.
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Citi Launches New York Preservation Fund
Citi Community Capital and L+M Development Partners have announced a $100 million fund to help finance the preservation and rehabilitation of more than 2,000 affordable apartments around New York City in the next three years.
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CPC, IBM Team Up on Construction Financing Software
The Community Preservation Corp. (CPC), a nonprofit affordable housing lender for the New York City area, is finally getting rid of its spreadsheets.