Mark Fogarty • 6 min read
The 61-unit Calle Cuarta development in Albuquerque, NM plans to accomplish a whole lot more than affordable housing.
Mark Fogarty • 6 min read
A state matching loan has facilitated a full-service primary care health facility at Oliver Station, a recently completed development in Camden, NJ that serves low-income seniors.
Mark Fogarty • 9 min read
Tackenash Knoll will become the largest affordable housing community on Martha’s Vineyard once complete. It is the second result of a partnership between Island Housing Trust and Affirmative Investments.
Mark Fogarty • 6 min read
In New Haven, a new development is helping to revitalize a former neighborhood once lost to mid-century highway building efforts. Curtis Cofield II Estates brings 56 units of housing to an area that has been vacant for decades.
Mark Fogarty • 5 min read
Though the LIHTC has long been a bedrock of the affordable housing industry, developers are always searching for additional products to get deals done. One such promising vehicle is preservation equity.
Mark Fogarty • 6 min read
Affordable housing is playing a key role in keeping Philadelphia’s Chinatown thriving with a brand new senior housing project that is bringing more affordable units online while simultaneously preserving the neighborhood’s cultural strengths.
Mark Fogarty • 7 min read
St. Bernard Circle Apartments in New Orleans is another piece of an expansive HUD Choice Neighborhoods Initiative (CNI) grant to revitalize public housing in the city. With the use of resiliency standards for hurricanes and flooding, project developers aim to ensure the housing remains for a long time.
Mark Fogarty • 7 min read
It is highly unusual these days for an affordable housing development to be financed from one source of funds. But that is what has happened at Elevate Estates in Henderson, KY, which secured money from two arms of HUD’s HOME program. Developer Elevate WKY (who shares the same name as the development) was awarded $15 […]
Mark Fogarty • 6 min read
Creative land development uses are always noteworthy. Consider Oak Gardens in Menlo Park, CA. This permanent supportive housing project for veterans has utilized the Congressionally authorized Enhanced Use Lease (EUL) program of the Department of Veterans Affairs (VA) to transform underused land on a VA property into a viable project.
Mark Fogarty • 5 min read
California has many programs to boost affordable housing. One example is the No Place Like Home (NPLH) program, which helped fund Siskiyou Crossroads’ rural housing project in Yreka, CA.
Mark Fogarty • 6 min read
A giant tulip tree in Queens has inspired The Lirio, a space for the formerly homeless and those affected by the HIV/AIDS crisis.
Mark Fogarty • 6 min read
Gilbane Development Co. has saved nearly $3 million on its Barnaby & 7th project in Washington, DC, using a forward M-TEB instead of a traditional bond structure.