Latest Affordable housing Stories
Early results of the first comprehensive economic impact analysis of a redevelopment and housing authority were presented today at the National Association of Real Editors Annual Meeting in Denver. Denver, CO (PRWEB) June 22, 2012 Early results of the first comprehensive economic impact analysis of a redevelopment and housing authority were presented today at the National Association of Real Editors Annual Meeting in Denver. The study examines how specific Norfolk Redevelopment and...
Rehabilitation of Yorkdale Terrace Townhomes to Create 135 Union Construction Jobs MINNEAPOLIS, June 19, 2012 /PRNewswire-USNewswire/ -- The AFL-CIO Housing Investment Trust (HIT) is investing $4.2 million towards rehabilitating and sustaining affordability at the Yorkdale Terrace Townhomes, a subsidized housing development for low-income families in Edina, Minnesota, just outside of Minneapolis. Work on the aging development is expected to generate approximately 135 union...
BOSTON, June 13, 2012 /PRNewswire/ -- The Federal Home Loan Bank of Boston today announced its support of Bike & Build and the nonprofit organization's mission to create more affordable housing across the nation. Bike & Build organizes cross-country bicycle trips that benefit affordable housing groups. The projects are planned and executed by young adults who then spend their summer biking one of the many routes across the U.S., raising funds for each mile they...
Rehabilitation of Steelworker-Developed Apartments to Create 100 Union Construction Jobs CANTON, Ohio, June 11, 2012 /PRNewswire-USNewswire/ -- The AFL-CIO Housing Investment Trust (HIT) is investing $10 million towards a $14 million project to rehabilitate the Mayfield Manor Apartments in Canton, Ohio, and keep 144 units affordable for current residents at the senior citizen facility for 20 years. The project is expected to create 100 union construction jobs in an area hard-hit...
Rehabilitation Work to Generate 150 Union Construction Jobs CHICAGO, June 7, 2012 /PRNewswire-USNewswire/ -- The AFL-CIO Housing Investment Trust (HIT) announced today that it is providing $11 million to fund the substantial rehabilitation of the Hazel Winthrop Apartments and the Bronzeville Senior Apartments, two important affordable housing resources for Chicago residents. Work on the two aging housing developments is expected to generate approximately 150 union...
WASHINGTON, June 7, 2012 /PRNewswire/ -- Gradual positive trends in consumer attitudes observed since early fall 2011 appear to be reaching a plateau, according to results from Fannie Mae's May 2012 National Housing Survey. Recent consumer attitudinal trends reflect overall macroeconomic indicators, which point to a continued lull in the pace of employment and income growth. "Our May consumer data show that Americans are taking a 'wait and see' approach about buying...
WASHINGTON, June 7, 2012 /PRNewswire/ -- Mayor Vincent Gray, the DC Housing Authority (DCHA) and Zipcar today announced that Zipcar, the world's leading car sharing network, is expanding car sharing availability to DCHA public housing sites across the District to provide alternative transportation options for local residents. As part of the new program, Zipcar will place nine new car-sharing vehicles at DCHA locations for use by local residents. Starting today, the new Zipcars...
MINNEAPOLIS, June 5, 2012 /PRNewswire/ -- Artspace and The Actors Fund Housing Development Corporation (AFHDC) today announced the formation of a partnership, bringing together two of the nation's leaders in the area of artist housing to create the Broadway Arts Center in downtown Los Angeles. This partnership underscores the viability of the project, which will provide affordable housing for artists and signals a commitment on the part of these organizations to move ahead with...
SAN JOSE, Calif., June 4, 2012 /PRNewswire/ -- The Housing Authority of the County of Santa Clara (HACSC) will hold a grand re-opening of the Cypress Gardens senior citizen housing facility in San Jose, California, showcasing the agency's successful program of upgrading and revitalizing traditional Public Housing through creative public-private partnerships. Guests of honor for the gala event are Santa Clara County Supervisor Ken Yeager and San Jose City Councilmember Pete...
BROOKLYN, N.Y., June 1, 2012 /PRNewswire-USNewswire/ -- Concern for Independent Living, a leading nonprofit provider of supportive housing, held a ribbon cutting today to officially open The MacDougal Street Apartments, bringing an innovative supportive housing development and more than a dozen new jobs to the Brownsville section of Brooklyn. The project was made possible by support from the NYS Office of Mental Health (OMH), NYS Homes and Community Renewal (HCR), the Federal Home...
