Specialty Housing News
The latest trends, news and insights on affordable housing, senior housing and student housing.
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,...
Philadelphia’s $2 Billion Housing Plan to Create and Protect 30,000 Affordable Homes
Mayor Cherelle Parker recently unveiled a $2 billion housing initiative to build 13,500 new affordable homes and preserve 16,500 existing ones. The initiative, called Housing Opportunities Made Easy (H.O.M.E.), would include programs to assist renters, homeowners, and...
Landmark Properties Buys Site Near the University of Connecticut to Build 738-Bed Student Housing Community
Landmark Properties has acquired a 1.56-acre site at 134 North Eagleville Road near the main campus of the University of Connecticut in Storrs, Connecticut, to build The Mark Mansfield, a 738-bed student housing community. The site was acquired in partnership with...
Historic Broadview Hotel Transformed into $44 Million Senior Housing Community in Illinois
Efficacy Consulting is set to open The New Broadview Mature Adult Living Facility, a $44 million, 110-unit affordable senior housing community in East St. Louis, Illinois. This development was made possible through funding provided by Community Lifeline, which...
Cleveland, Ohio’s $100 Million Investment Fund to Build 3,000 Affordable Homes Launched
Cleveland is tackling its affordable housing crisis with the launch of the Cleveland Housing Investment Fund (CHIF), aiming to raise $100 million to build between 2,500 and 3,000 affordable homes, including a minimum of 100 units of for-sale housing. This initiative...
$270 Million Boost Aims to Deliver 1,800 Affordable Homes Across New York
In a move to combat the ongoing housing crisis, New York State is making a $270 million investment for the creation of 28 separate housing developments. The funding will be used for the construction and preservation of over 1,800 affordable homes and draws from...
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