Community Development

KCHA successfully issues $140M in bonds to finance acquisition of workforce housing in King County

7.9.20

In mid-June the King County Housing Authority issued $140 million in tax-exempt housing revenue bonds to provide permanent financing for the acquisition of Hampton Greens, a 326-unit workforce housing complex in Bellevue, Wash., and to assume outstanding debt on four other workforce properties.  

Final Batch of Low-Income Homes at Louis E. Brown Villas Come Online (Virgin Islands Housing Authority)

7.9.20

From the St. Croix Source:

"The last phase of the Louis E. Brown Villas is now complete and 90 hurricane-resilient, family apartments are ready for occupancy, according to the V.I. Housing Authority.

These join 102 family units completed in 2011 and 40 completed in 2013, all developed by McCormack Baron Salazar. According to a news release from the Housing Authority, the total development cost for all 232 units was $80.7 million and included financing support from VIHA.

Demolition begins on derelict buildings in Ballpark neighborhood slated to become a 55-unit apartment community (Housing Authority of Salt Lake City)

2.20.20

From The Salt Lake Tribune:

Residents in Salt Lake City’s Ballpark community were celebrating Thursday after a row of three blighted houses that neighbors say had become magnets for criminal activity were finally razed.

It was a hard-won victory but a triumph nevertheless in an area that has a disproportionately high number of boarded and vacant buildings but has had a hard time addressing them thanks to a city ordinance that prioritizes preserving such structures.

Commissioners OK designs for eight-story project near La Villita (San Antonio Housing Authority)

2.19.20

From the San Antonio Express-News:

A developer is moving forward with plans to build an eight-story mixed-use project near the La Villita Historic Arts Village downtown.

Dennis McDaniel of Weal Development wants to construct the building on a parking lot at South St. Mary’s and East Nueva streets, across from St. John’s Lutheran Church. Dubbed St. John’s Square, it will include 252 units, ground-floor retail space and a parking garage.

NYCHA Designates Development Partners to Repair and Preserve over 5,900 Affordable Apartments in Manhattan and Brooklyn

2.19.20

From the New York City Housing Authority's press release:

Today, the New York City Housing Authority (NYCHA) announced the selection of five development teams that will partner with the Authority under the Permanent Affordability Commitment Together (PACT) program to preserve 5,908 units in Manhattan and Brooklyn with critical infrastructure and capital repair needs.

City leaders, community celebrate new affordable housing development (Lucas Metropolitan Housing Authority)

2.19.20

From the Toledo Blade:

The remarks of “Wow!” and “Look at that!” kept coming as person after person walked through the door of the three-bedroom apartment. They pointed at the high ceilings, the modern light fixtures, the walk-in closets, and the breakfast bar.

The apartment tour on Monday proved that affordable housing is changing in Toledo. Where drab, barrack-style housing long sat, colorful, spacious housing has now been built.

New future for Tacoma’s defunct Gault Middle School could include housing, recreation (Tacoma Housing Authority)

2.5.20

From The News Tribune:

For a decade, Gault Middle School has sat vacant on Tacoma’s Eastside.

Located at 1115 E. Division Lane, the school closed down in 2009.

Now, the building’s windows and doors are boarded over from years of accumulated damage.

“We’ve had a lot of wire theft happen and vandalism,” said Alicia Lawver, strategic planning and policy manager for Tacoma Public Schools.

Construction of More Than 400 Affordable Apartments Provides ‘Hope’ for San Diegans with Low Income or Experiencing Homelessness (San Diego Housing Commission)

2.5.20

From the San Diego Housing Commission's press release:

The pending construction of more than 400 affordable rental apartments—including 270 units specifically to address homelessness—was celebrated at a groundbreaking ceremony today as a source of hope for the community and the individuals and families who will call the new development home.

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