Specialty Housing News
The latest trends, news and insights on affordable housing, senior housing and student housing.
Oregon Treasury Injects $1.5 Billion Into Affordable Housing and Infrastructure Projects via Bond Sales
Oregon State Treasury's latest bond sales are set to inject nearly $1.5 billion into transformative public projects across the state, including affordable housing initiatives and infrastructure upgrades. Out of the $925 million raised in the first bond sale, $301...
California Coastal Commission Greenlights $624 Million Student Housing at UC Santa Barbara
The University of California, Santa Barbara received approval from the California Coastal Commission to proceed with San Benito Student Housing, a $624 million on-campus housing complex scheduled for completion in 2027. Designed by Mithun and Skidmore, Owings &...
Construction Begins on $36.9 Million Affordable Senior Housing Complex in Portland, Oregon
Construction is underway for M Carter Commons, a $36.9 million, 62-unit affordable housing complex for seniors in Portland, Oregon’s Overlook neighborhood. Funded in part by an $8.1 million affordable housing bond award from the Portland Housing Bureau and a $300,000...
Two Affordable Housing Projects in Petaluma, CA Secure $90 Million in Bonds
California will see more affordable housing units as the Petaluma City Council recently approved $90 million in tax-exempt bonds to support two projects: Meridian and Rovina Lane. Developed by Danco Group, Meridian was approved for $65 million in tax-exempt bonds to...
$800 Million Housing Plan Aims to Build 30,000 Affordable Housing Across Philadelphia
Philadelphia Mayor Cherelle L. Parker unveiled her $800 million H.O.M.E. initiative, aiming to build or preserve 30,000 homes through expanded housing programs funded by city bonds. Over $600 million will go toward seven major initiatives, with the remainder...
Miami Dade County Greenlights $3 Billion Mixed-Use P3 Project with 5,700 Affordable Units
A massive 63-acre mixed-use redevelopment with over 5,700 affordable housing units will soon rise in the neighborhoods of Little River and Little Haiti, as the Miami-Dade County Commission has recently approved the $3 billion Little River District public-private...
Construction Begins on a 678-Bed Student Housing Project Near Purdue University
Construction has begun on The Standard at West Lafayette, a 678-bed student housing community near Purdue University, led by a joint venture of Landmark Properties, Manulife Investment Management, and Peninsula Investments. With $82.8 million in financing arranged by...
Public-Private Partnership Brings Affordable Senior Housing to Washington, D.C.
Atlantic Pacific Cos. and Nix Development Co. have completed the 47-unit Dix Street Residences, an affordable senior housing community in Washington, D.C., which will serve families with at least one senior member and include units reserved for households earning...
MassDevelopment Issues $45.2M Bond for a Six-Story Affordable Housing in Boston
A $45.2 million tax-exempt bond has been issued by MassDevelopment to support the construction of a six-story, 96-unit affordable housing development, an initiative that is part of Boston's Amory Street redevelopment by the Boston Housing Authority, The Community...
Nevada Governor Pushes Bill That Earmarks $250m to Spur $1 Billion in Affordable Housing
Nevada Gov. Joe Lombardo has unveiled Assembly Bill 540, a housing development bill that allocates $250 million in state funds to help develop over $1 billion in affordable housing projects. The bill aims to support those earning up to 150% of the area median income,...
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