Community Development

DCHA to Reposition Its Real Estate Portfolio (District of Columbia Housing Authority)

3.8.19

From the District of Columbia Housing Authority's e-newsletter:

District of Columbia Housing Authority Executive Director Tyrone Garrett announced that he will present a Comprehensive Portfolio Repositioning Plan within 60-days. Garrett said the strategy will describe how the agency will address the backlog of capital needs and preserve or develop new affordable housing for existing DCHA customers. Garrett said the strategy will outline how the agency will address at least 2,400 housing units, over the next 24 months.

Affordable Boston Community Receives $39M Loan (Boston Housing Authority)

3.8.19

From Multi-Housing News:

MassHousing has closed on $38.7 million in affordable housing financing to non-profit Inquilinos Boricuas En Accion Inc. (IBA). In partnership with the Boston Housing Authority, the organization intends to use the capital for the rehabilitation and preservation of West Newton Apartments, a 146-unit public housing community in Boston’s South End. Contractor Bilt-Rite Construction, Davis Square Architects and Management Agent Maloney Properties are also part of the redevelopment project.

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