Affordable Housing

OHT Partners Breaks Ground on The Martin in Austin, Texas

by Lynn Peisner January 15, 2026

AUSTIN, TEXAS — Locally based developer OHT Partners has broken ground on The Martin, a 375-unit community at 2730 E. 7th St. in Austin. The one- and two-bedroom units range from 550 to 1,400 square feet complemented by such amenities as a courtyard with two resort-style pools, a jumbotron and views of the downtown Austin skyline. The seventh floor will feature a fitness center with saunas and cold plunges. Additional amenities include multiple resident club spaces, a golf simulator, a karaoke and multimedia room, podcast rooms, a dog park and …

January 15, 2026

Affordable Housing Development Finance News South Carolina Southeast

Woodfield, FRP Secure Financing, Launch Construction of Mixed-Use Project in West Greenville

by Lynn Peisner January 13, 2026

GREENVILLE, S.C. — FRP Development Corp. and Woodfield Development are underway with construction of Woven, a mixed-use project in the Village of West Greenville. Known locally as simply The Village, this neighborhood is home to some of the city’s historic mills and has been redeveloping since the early 2000s into an arts, small-business and entertainment area. Woven, located at 1279 Pendleton St., will anchor the western edge of the neighborhood and will include 214 one-, two- and three-bedroom units offered at market and affordable rates. Specific affordable restrictions were not …

January 13, 2026

Affordable Housing Development New Mexico News Western

Dominium Breaks Ground on Turquoise Trail in Santa Fe

by Lynn Peisner January 12, 2026

SANTA FE, N.M. — Dominium has broken ground on Turquoise Trail, a 312-unit affordable housing community in Santa Fe. The LIHTC property will be constructed by Weis Builders and will be comprised of 13 three-story buildings containing 120 two-bedroom, 132 three-bedroom and 60 four-bedroom homes. Three hundred units will be reserved for households earning no more than 60 percent of area median income (AMI), and the remaining two will be set aside for families earning up to 50 percent of AMI. Amenities include a clubhouse, fitness center, playground and grilling …

January 12, 2026

Affordable Housing Development Georgia News Southeast

McShane Wraps Up Construction of Ashley Scholars Landing in Atlanta

by Lynn Peisner January 12, 2026

ATLANTA — McShane Construction Co. and developer The Integral Group have completed construction of Ashley Scholars Landing II, a 212-unit mixed-income community in Atlanta. A portion of the units (114) are reserved for households earning no more than 60 percent of area median income. The project is part of the master-planned Ashley Scholars Landing mixed-use development, which is a multi-phased, master-planned redevelopment in Atlanta’s Westside near the Atlanta University Center, transforming the former University Homes public housing site with a combination of senior housing, market-rate and affordable apartments as well …

January 12, 2026

Affordable Housing Development Finance New Jersey News Northeast

CBRE Arranges $40 Million Construction Loan for New Jersey Mixed-Income Project

by Lynn Peisner January 9, 2026

MORRISTOWN, N.J. — CBRE has arranged a $40 million construction loan on behalf of a developer doing business as Lackawanna Place Morristown Urban Renewal LLC. The loan will fund the development of Morristown Station, a transit-oriented, mixed-income community adjacent to the Morristown stop on the New Jersey Transit System’s train with service to Newark, Hoboken and Manhattan. Morristown is 35 miles west of New York City. Truist Bank was the lender. The community will feature a mix of 76 market-rate and 13 affordable units and 5,111 square feet of ground-floor …

January 9, 2026

Affordable Housing Development Investment Sales News Texas

Fairstead Buys Houston Affordable Housing Community Coolwood Oaks for $43.3 Million

by Lynn Peisner January 9, 2026

HOUSTON — Fairstead has acquired Coolwood Oaks in Houston for $43.3 million. Financing included LIHTC equity and loans from a variety of sources including PNC Bank, Houston Housing Finance Corp. (HHFC) and the Texas Department of Housing and Community Affairs (TDHCA). Fairstead is planning a $14 million renovation of the affordable housing community, which consists of 10 buildings and 168 units for households earning no more than 60 percent of area median income. The property was developed in 1984. DNA Workshop will serve as architect and interior designer for the …

January 9, 2026

Affordable Housing Investment Sales New York News Northeast

HVPG Acquires Long Island Affordable Housing Property for $145 Million

by Lynn Peisner January 8, 2026

HEMPSTEAD, N.Y. — Hudson Valley Property Group (HVPG) has acquired 100 Terrace Apartments, a 430-unit affordable housing community located at 100 Terrace Ave. in Hempstead, a city in Nassau County. Total acquisition costs were approximately $145 million. HVPG is planning to invest roughly $23 million in renovations to the property, which was originally constructed in 1972. To ensure long-term affordability for residents, HVPG has secured a renewed HUD Project-Based Section 8 Housing Assistance Payment (HAP) contract covering 99 percent of the property’s units. Under this agreement, income-qualified residents will pay …

January 8, 2026

Affordable Housing Company News Finance Maryland New York News Northeast

Walker & Dunlop, Pretium Launch Affordable Housing Bridge Lending Venture

by Lynn Peisner January 8, 2026

BETHESDA, MD., NEW YORK CITY — Walker & Dunlop and Pretium have launched a $250 million joint venture to provide financing for affordable housing. The new group, known as Walker & Dunlop Affordable Bridge Capital, will originate flexible, short-term first-mortgage bridge loans for properties that are being acquired, refinanced or prepared for long-term government programs such as LIHTC, Section 8 or tax-exempt bonds. The joint venture will offer flexible, interest-only bridge financing with loan sizes ranging from $10 million to $75 million and terms between six and 36 months.

January 8, 2026

Affordable Housing Development News Texas

High Street Residential Breaks Ground on Dallas Transit-Oriented Development

by Lynn Peisner January 6, 2026

DALLAS — High Street Residential (HSR), a subsidiary of Trammell Crow Co., has broken ground on a 394-unit transit-oriented development in Dallas. The project, which has yet to be formally named, is part of a multi-phase conversion of approximately 16 acres of under-utilized surface parking owned by the Dallas Area Rapid Transit (DART) agency. The project is located at the SMU/Mockingbird station. At full buildout, the area will be a pedestrian-friendly, mixed-use neighborhood surrounding the DART station. HSR’s apartment project is expected to be complete by the end of 2027. …

January 6, 2026

Affordable Housing Development Finance New York News Northeast

Gilbane Secures Financing for $193 Million Bronx Affordable Housing Development

by Lynn Peisner January 5, 2026

NEW YORK CITY — Gilbane Development and several project partners have closed on financing for Renova West at 860 Concourse Village East in the Morrisania neighborhood in the Bronx. The $193 million project encompasses a 19-story mixed-use affordable housing development along with a new 7,000-square-foot ICL Bronx Health Hub, which provides physical and behavioral health care. Development partners include the Institute for Community Living (ICL), Tredway, New York City’s Department of Housing Preservation and Development (HPD) and Housing Development Corp. (HDC). The capital stack is comprised of debt and equity …

January 5, 2026

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