Rehab of blighted site changes attitudes
Manchester-by-the-Sea, Mass.—Summer Street Condominiums and Apartments is a model for smart-growth, mixed-income developments in smaller communities.
Health and housing come together at the Plaza
San Francisco—The city’s neediest residents have found a home at a new development that brings together housing and health services.
Avenue 26 shines near Gold Line
LOS ANGELES—Blighted industrial buildings in an old warehouse district here were razed to make room for the first new development here in a decade.
Housing preserved in tourist town
Newport, R.I.—50 Washington Square, one of the oldest supportive housing communities in the country, is still on the cutting edge.
Rainbow serves chronically homeless
Los Angeles—The Rainbow Apartments is a valiant effort by Skid Row Housing Trust to serve Los Angeles’ neediest at a time when market-rate loft developers have pushed into downtown, snatched up the available properties, and begin gentrifying the area.
Edson Awards honor tax credit projects
Washington, D.C. – Some of the best affordable housing developers in the country came to Capitol Hill June 7 to receive their prizes at the 12th annual Charles L. Edson Tax Credit Excellence Awards.
Strong management takes the crime out of crime-ravaged housing
Providence, R.I. — Turning around a troubled project starts with good management, according to John Bentz, president of the Property Advisory Group, Inc. (PAG), based in Providence, R.I.
Chicago — In April, Lifelink, a nonprofit health and human services organization, borrowed $50 million from GMAC Commercial Mortgage Corp. in permanent, fixed-rate financing for a portfolio of 12 seniors housing properties in Illinois. Eight of the proper
Hammering out new housingMississippi apartment owners confront labor shortages, rising wages, slow insurance payments in push to get damaged units livable again
Nine months after losing most of her furniture and clothes when Hurricane Katrina lashed the Mississippi Gulf Coast with 30-foot storm surges and 125-mile-an-hour winds that smashed a tree into her apartment roof, Coral Edelen is working at a new job that
AMCAL transforms industrial site into housing
Los Angeles — In a neighborhood that has seen little new construction during the last 20 years, one affordable housing developer has boldly taken on four key projects at once.