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New $126M Affordable Homes Project Ongoing in South Bronx, N.Y.

The start of construction on 1159 River Avenue, a $126 million development that will bring 245 homes to the South Bronx, was announced Oct. 30 by New York Gov. Andrew Cuomo. The 19-story building will offer 148 apartments specifically for individuals and families who have previously been homeless, including those in need of supportive services....


Affordable Housing Units Planned for Hoboken's Willow Avenue

A city-owned property in Hoboken, N.J., currently home to a parking lot, could be replaced with a new development that would dedicate 100 percent of its units to seniors with low and moderate incomes. Earlier this year, Hoboken put out a Request for Proposals (RFP) to gauge interest in developing a parcel at the corner of Willow Avenue and 11th Street....


Broward County, Fla., to Get New $30M Affordable Housing Complex

A new affordable housing community is in the pipeline for Broward County, Fla. The Coral Gables-based development firms Coral Rock Development Group and the Paragon Group of Florida are building a $30 million affordable housing townhome complex, Highland Oaks, in Pompano Beach, according to a press release....


Jersey City's SoHo West Building Boom Continues with New Projects

Three towers rising at least 25 stories and the restoration of an old metal can company building could bring nearly 1,100 new residential units to Jersey City's Soho West, the once industrial neighborhood near the Holland Tunnel being transformed by a recent building boom....


Seattle to Invest Record $110M in Affordable Housing

SEATTLE (AP) Seattle Mayor Jenny Durkan announced that the city this year will invest a record amount of $110 million into affordable housing. The Seattle Times reported the funding will go toward the construction and redevelopment of 1,944 new units across the city....


Demolition Marks Start of $110M 'The Exchange' in Salt Lake

Construction crews in Utah are working on a $110 million project that will be among downtown Salt Lake City's most architecturally significant buildings. Totaling 2.3 acres, The Exchange will feature a mix of housing, retail, coworking and incubator space....


ARTAVIA to Bring 5,200 Homes to Conroe Worth $2.4B

AIRIA Development Company announced on Feb. 26 the development of ARTAVIA, a 2,200-acre master-planned community in the Montgomery County/Conroe area. ARTAVIA is located north of the Grand Parkway, midway between I-45 and U.S....


Los Angeles-Area Development Approved in Fire-Prone Zone

LOS ANGELES (AP) The conflict between the need for more housing in California and the danger of building in fire-prone mountains was decided in favor of homes on Dec. 11 as Los Angeles County supervisors approved a massive rural housing development....


D.C. Agency Closes Another Deal for Affordable Housing for Veterans

The District of Columbia Housing Finance Agency (DCHFA) closed on its third affordable housing transaction during the month of April with the issuance of $9.5 million in acquisition and rehabilitation financing for HELP Walter Reed Apartments (1324 Main Drive NW) in Ward 4....


Construction Starts on $16M Affordable Housing Project

SYRACUSE, N.Y. (AP) Construction has begun on a new affordable housing development that will bring dozens of apartments and commercial space to a Syracuse neighborhood. Gov. Andrew Cuomo announced April 17 that ground had been broken on the $16 million construction project in the city's Northside section....







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