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<br /> Winter 2014 $16.00<br /> affordablehousingnews.com<br /> “We really try to push the envelope when it<br /> comes to architecture,” says Rella Fogliano,<br /> President of MacQuesten Development.<br /> “We are very much involved in the whole<br /> development process. If we come across<br /> a material that is exciting and that is also<br /> sustainable, we will try to change the plan.<br /> We work very closely with the architect from<br /> the design of the concept through the actual<br /> design.”<br /> P25<br /> MacQuesten<br /> Development<br /> · Maximize LIHTC Sources · Leverage Available Rebates ·<br /> · Reduce Utility Allowances · Environmental Stewardship ·<br /> · Reduce and Stabilize Operating Expenses ·<br /> · Proprietary Affordable Housing Solar Finance Solutions ·<br /> · Affordable Housing Specific Lease and PPA ·<br /> · LIHTC Pu<a title="Affordable Housing News, Winter 2014 issue page 1" href="http://viewer.zmags.com/publication/3ab1b169?page=1"> Winter 2014 $16.00 affordablehous</a> <a title="Affordable Housing News, Winter 2014 issue page 2" href="http://viewer.zmags.com/publication/3ab1b169?page=2"> · Maximize LIHTC Sources · Leverage Available Re</a> <a title="Affordable Housing News, Winter 2014 issue page 3" href="http://viewer.zmags.com/publication/3ab1b169?page=3"> Real estate capabilities you can count on. Achie</a> <a title="Affordable Housing News, Winter 2014 issue page 4" href="http://viewer.zmags.com/publication/3ab1b169?page=4"> the next Generation Quanta Power Generat</a> <a title="Affordable Housing News, Winter 2014 issue page 5" href="http://viewer.zmags.com/publication/3ab1b169?page=5"> This issue really speaks to the value of </a> <a title="Affordable Housing News, Winter 2014 issue page 6" href="http://viewer.zmags.com/publication/3ab1b169?page=6"> 25 MACQUESTEN DEVELOPMENT, LLC 6 </a> <a title="Affordable Housing News, Winter 2014 issue page 7" href="http://viewer.zmags.com/publication/3ab1b169?page=7"> W I N T E R 2 014 vol. 2 - issue 4 08 ARI</a> <a title="Affordable Housing News, Winter 2014 issue page 8" href="http://viewer.zmags.com/publication/3ab1b169?page=8"> Belmont-Venezia Portfolio Bronx, NY </a> <a title="Affordable Housing News, Winter 2014 issue page 9" href="http://viewer.zmags.com/publication/3ab1b169?page=9"> “We have established our company strategi- cally</a> <a title="Affordable Housing News, Winter 2014 issue page 10" href="http://viewer.zmags.com/publication/3ab1b169?page=10"> Slow and Steady Affordable housing expert thrive</a> <a title="Affordable Housing News, Winter 2014 issue page 11" href="http://viewer.zmags.com/publication/3ab1b169?page=11"> This specific focus—the organization stays inv</a> <a title="Affordable Housing News, Winter 2014 issue page 12" href="http://viewer.zmags.com/publication/3ab1b169?page=12"> Retreat Team Photo Andros Isles </a> <a title="Affordable Housing News, Winter 2014 issue page 13" href="http://viewer.zmags.com/publication/3ab1b169?page=13"> “We realize that our role is to be there when the</a> <a title="Affordable Housing News, Winter 2014 issue page 14" href="http://viewer.zmags.com/publication/3ab1b169?page=14"> Mission-Driven Clear goals outline operations for</a> <a title="Affordable Housing News, Winter 2014 issue page 15" href="http://viewer.zmags.com/publication/3ab1b169?page=15"> Over the years, Monarch Housing Associates learne</a> <a title="Affordable Housing News, Winter 2014 issue page 16" href="http://viewer.zmags.com/publication/3ab1b169?page=16"> Meeting Community Needs The Franklin Johnston Gro</a> <a title="Affordable Housing News, Winter 2014 issue page 17" href="http://viewer.zmags.com/publication/3ab1b169?page=17"> area where the city hasn’t seen any new resi- den</a> <a title="Affordable Housing News, Winter 2014 issue page 18" href="http://viewer.zmags.com/publication/3ab1b169?page=18"> A Head for Real Estate, A Heart for Affordable Ho</a> <a title="Affordable Housing News, Winter 2014 issue page 19" href="http://viewer.zmags.com/publication/3ab1b169?page=19"> “The presence in both New York and New Jer- sey </a> <a title="Affordable Housing News, Winter 2014 issue page 20" href="http://viewer.zmags.com/publication/3ab1b169?page=20"> a long history with so many of our clients, which</a> <a title="Affordable Housing News, Winter 2014 issue page 21" href="http://viewer.zmags.com/publication/3ab1b169?page=21"> Achieving Homeownership Organization focused on c</a> <a title="Affordable Housing News, Winter 2014 issue page 22" href="http://viewer.zmags.com/publication/3ab1b169?page=22"> A CHALLENGED PROPERTY The redevelopment of the di</a> <a title="Affordable Housing News, Winter 2014 issue page 23" href="http://viewer.zmags.com/publication/3ab1b169?page=23"> rooftop garden at Ivy City </a> <a title="Affordable Housing News, Winter 2014 issue page 24" href="http://viewer.zmags.com/publication/3ab1b169?page=24"> CASE STUDY: Steven Horton, Executive</a> <a title="Affordable Housing News, Winter 2014 issue page 25" href="http://viewer.zmags.com/publication/3ab1b169?page=25"> Visionary Developer – Rella Fogliano An Elevated</a> <a title="Affordable Housing News, Winter 2014 issue page 26" href="http://viewer.zmags.com/publication/3ab1b169?page=26"> EXCEEDING ALL EXPECTATIONS MacQuesten Development</a> <a title="Affordable Housing News, Winter 2014 issue page 27" href="http://viewer.zmags.com/publication/3ab1b169?page=27"> Champion Wholesale Electrical Distributors</a> <a title="Affordable Housing News, Winter 2014 issue page 28" href="http://viewer.zmags.com/publication/3ab1b169?page=28"> MACQUESTEN DEVELOPMENT LLC I was thrilled when Ma</a> <a title="Affordable Housing News, Winter 2014 issue page 29" href="http://viewer.zmags.com/publication/3ab1b169?page=29"> sponsors for funding from Westchester County to t</a> <a title="Affordable Housing News, Winter 2014 issue page 30" href="http://viewer.zmags.com/publication/3ab1b169?page=30"> 2 Henderson Drive, Suite A | West Caldwell, NJ 07</a> <a title="Affordable Housing News, Winter 2014 issue page 31" href="http://viewer.zmags.com/publication/3ab1b169?page=31"> the 131 units, we successfully moved in 129 famil</a> <a title="Affordable Housing News, Winter 2014 issue page 32" href="http://viewer.zmags.com/publication/3ab1b169?page=32"> SOBEL AFFILIATES BROWN & BROWN Brown & Brown of G</a> <a title="Affordable Housing News, Winter 2014 issue page 33" href="http://viewer.zmags.com/publication/3ab1b169?page=33"> A Role Model AHEPA shares best practices and qual</a> <a title="Affordable Housing News, Winter 2014 issue page 34" href="http://viewer.zmags.com/publication/3ab1b169?page=34"> AHEPA Ribbon Ceremony “We are a little bit m</a> <a title="Affordable Housing News, Winter 2014 issue page 35" href="http://viewer.zmags.com/publication/3ab1b169?page=35"> As the company has grown and taken on detvel- opm</a> <a title="Affordable Housing News, Winter 2014 issue page 36" href="http://viewer.zmags.com/publication/3ab1b169?page=36"> A Finely Tuned Machine Firm’s services give organ</a> <a title="Affordable Housing News, Winter 2014 issue page 37" href="http://viewer.zmags.com/publication/3ab1b169?page=37"> According to Precourt, these services are pop- ul</a> <a title="Affordable Housing News, Winter 2014 issue page 38" href="http://viewer.zmags.com/publication/3ab1b169?page=38"> The Muses, under construction Transfor</a> <a title="Affordable Housing News, Winter 2014 issue page 39" href="http://viewer.zmags.com/publication/3ab1b169?page=39"> affordable housing, as well as mixed-income devel</a> <a title="Affordable Housing News, Winter 2014 issue page 40" href="http://viewer.zmags.com/publication/3ab1b169?page=40"> Cafe Reconcile “</a> <a title="Affordable Housing News, Winter 2014 issue page 41" href="http://viewer.zmags.com/publication/3ab1b169?page=41"> PROPERTYMANAGEMENT INC/REALTORS ACCRE</a> <a title="Affordable Housing News, Winter 2014 issue page 42" href="http://viewer.zmags.com/publication/3ab1b169?page=42"> Ephesus Senior Homes, residents grandchildren pla</a> <a title="Affordable Housing News, Winter 2014 issue page 43" href="http://viewer.zmags.com/publication/3ab1b169?page=43"> Providing excellence in design for affordable ad</a> <a title="Affordable Housing News, Winter 2014 issue page 44" href="http://viewer.zmags.com/publication/3ab1b169?page=44"> The Elysian King Rampart, </a> <a title="Affordable Housing News, Winter 2014 issue page 45" href="http://viewer.zmags.com/publication/3ab1b169?page=45"> A BANK AS UNiqUe iN TodAy’S BANKiNg eNviroNmeNT A</a> <a title="Affordable Housing News, Winter 2014 issue page 46" href="http://viewer.zmags.com/publication/3ab1b169?page=46"> Finding Places to Call Home Agency continues to b</a> <a title="Affordable Housing News, Winter 2014 issue page 47" href="http://viewer.zmags.com/publication/3ab1b169?page=47"> According to Godfrey, this broad scope allows the</a> <a title="Affordable Housing News, Winter 2014 issue page 48" href="http://viewer.zmags.com/publication/3ab1b169?page=48"> “We tend to be a one-stop shop for all state and </a> <a title="Affordable Housing News, Winter 2014 issue page 49" href="http://viewer.zmags.com/publication/3ab1b169?page=49"> It’s up to organizations like Rhode Island Housin</a> <a title="Affordable Housing News, Winter 2014 issue page 50" href="http://viewer.zmags.com/publication/3ab1b169?page=50"> Rhode Island Housing is also working to re- ceive</a> <a title="Affordable Housing News, Winter 2014 issue page 51" href="http://viewer.zmags.com/publication/3ab1b169?page=51"> Engaging With Residents CPDC has created safe, af</a> <a title="Affordable Housing News, Winter 2014 issue page 52" href="http://viewer.zmags.com/publication/3ab1b169?page=52"> expanded our geography to some markets near us in</a> <a title="Affordable Housing News, Winter 2014 issue page 53" href="http://viewer.zmags.com/publication/3ab1b169?page=53"> “We really love that building, we love the resi- </a> <a title="Affordable Housing News, Winter 2014 issue page 54" href="http://viewer.zmags.com/publication/3ab1b169?page=54"> </a> <a title="Affordable Housing News, Winter 2014 issue page 55" href="http://viewer.zmags.com/publication/3ab1b169?page=55"> The York Housing Authority owns and operates 1,06</a> <a title="Affordable Housing News, Winter 2014 issue page 56" href="http://viewer.zmags.com/publication/3ab1b169?page=56"> In Memory of Gordon Hirabayashi Seattle developme</a> <a title="Affordable Housing News, Winter 2014 issue page 57" href="http://viewer.zmags.com/publication/3ab1b169?page=57"> BRINGING THE NEIGHBORHOOD TOGETHER As part of the</a> <a title="Affordable Housing News, Winter 2014 issue page 58" href="http://viewer.zmags.com/publication/3ab1b169?page=58"> A Strong ROI Community Development Trust leverage</a> <a title="Affordable Housing News, Winter 2014 issue page 59" href="http://viewer.zmags.com/publication/3ab1b169?page=59"> In its debt business, CDT purchases pools of loan</a> <a title="Affordable Housing News, Winter 2014 issue page 60" href="http://viewer.zmags.com/publication/3ab1b169?page=60"> Reimagining Housing Affordability Historic renova</a> <a title="Affordable Housing News, Winter 2014 issue page 61" href="http://viewer.zmags.com/publication/3ab1b169?page=61"> What Overland found through its research was that</a> <a title="Affordable Housing News, Winter 2014 issue page 62" href="http://viewer.zmags.com/publication/3ab1b169?page=62"> development in Texas, Kansas, Oklahoma, Colorado </a> <a title="Affordable Housing News, Winter 2014 issue page 63" href="http://viewer.zmags.com/publication/3ab1b169?page=63"> star rated units and high-end finishes. The com- m</a> <a title="Affordable Housing News, Winter 2014 issue page 64" href="http://viewer.zmags.com/publication/3ab1b169?page=64"> Rural Affordability Despite economic setback</a> <a title="Affordable Housing News, Winter 2014 issue page 65" href="http://viewer.zmags.com/publication/3ab1b169?page=65"> “The biggest challenge is always funding,” Go- f</a> <a title="Affordable Housing News, Winter 2014 issue page 66" href="http://viewer.zmags.com/publication/3ab1b169?page=66"> Creating Quality Firm has a significant amount of </a> <a title="Affordable Housing News, Winter 2014 issue page 67" href="http://viewer.zmags.com/publication/3ab1b169?page=67"> fied that out of about 325 units, roughly half had</a> <a title="Affordable Housing News, Winter 2014 issue page 68" href="http://viewer.zmags.com/publication/3ab1b169?page=68"> Safe, Efficient Housing Ann Arbor Housing Commiss</a> <a title="Affordable Housing News, Winter 2014 issue page 69" href="http://viewer.zmags.com/publication/3ab1b169?page=69"> “Through this program, [we] will continue to serv</a> <a title="Affordable Housing News, Winter 2014 issue page 70" href="http://viewer.zmags.com/publication/3ab1b169?page=70"> Woodbridge Estates Overview Making Public-</a> <a title="Affordable Housing News, Winter 2014 issue page 71" href="http://viewer.zmags.com/publication/3ab1b169?page=71"> SHOWCASE COMMUNITIES Woodbridge Estates consist</a> <a title="Affordable Housing News, Winter 2014 issue page 72" href="http://viewer.zmags.com/publication/3ab1b169?page=72"> Property Management – that will allow them to sha</a> <a title="Affordable Housing News, Winter 2014 issue page 73" href="http://viewer.zmags.com/publication/3ab1b169?page=73"> Meeting a Great Need In-Fill Housing leverages pa</a> <a title="Affordable Housing News, Winter 2014 issue page 74" href="http://viewer.zmags.com/publication/3ab1b169?page=74"> Greystone Apartments, located in downtown Rome, w</a> <a title="Affordable Housing News, Winter 2014 issue page 75" href="http://viewer.zmags.com/publication/3ab1b169?page=75"> Like many developers in the affordable housing ar</a> <a title="Affordable Housing News, Winter 2014 issue page 76" href="http://viewer.zmags.com/publication/3ab1b169?page=76"> Goshen Crossing – Exterior Strict Standa</a> <a title="Affordable Housing News, Winter 2014 issue page 77" href="http://viewer.zmags.com/publication/3ab1b169?page=77"> Bill Rea, Buffenbarger’s partner and the co</a> <a title="Affordable Housing News, Winter 2014 issue page 78" href="http://viewer.zmags.com/publication/3ab1b169?page=78"> Goshen Crossing – Amenity Playground </a> <a title="Affordable Housing News, Winter 2014 issue page 79" href="http://viewer.zmags.com/publication/3ab1b169?page=79"> ence in working with them to develop these projec</a> <a title="Affordable Housing News, Winter 2014 issue page 80" href="http://viewer.zmags.com/publication/3ab1b169?page=80"> CHALLENGES IN AFFORDABLE HOUSING Many different t</a> <a title="Affordable Housing News, Winter 2014 issue page 81" href="http://viewer.zmags.com/publication/3ab1b169?page=81"> Quality, Affordable Housing Optimus Construction </a> <a title="Affordable Housing News, Winter 2014 issue page 82" href="http://viewer.zmags.com/publication/3ab1b169?page=82"> Compton Senior Apartments </a> <a title="Affordable Housing News, Winter 2014 issue page 83" href="http://viewer.zmags.com/publication/3ab1b169?page=83"> Boysen echoes this importance considering the cur</a> <a title="Affordable Housing News, Winter 2014 issue page 84" href="http://viewer.zmags.com/publication/3ab1b169?page=84"> Preservation Rehab A variety of partnerships help</a> <a title="Affordable Housing News, Winter 2014 issue page 85" href="http://viewer.zmags.com/publication/3ab1b169?page=85"> York City. The development, which includes two bu</a> <a title="Affordable Housing News, Winter 2014 issue page 86" href="http://viewer.zmags.com/publication/3ab1b169?page=86"> Exterior photo of Myrtle Banks project </a> <a title="Affordable Housing News, Winter 2014 issue page 87" href="http://viewer.zmags.com/publication/3ab1b169?page=87"> The rehab of the condemned building will cre- ate</a> <a title="Affordable Housing News, Winter 2014 issue page 88" href="http://viewer.zmags.com/publication/3ab1b169?page=88"> West Before & After: One of the first properties </a> <a title="Affordable Housing News, Winter 2014 issue page 89" href="http://viewer.zmags.com/publication/3ab1b169?page=89"> vacancy made it a breeding ground for illegal,” S</a> <a title="Affordable Housing News, Winter 2014 issue page 90" href="http://viewer.zmags.com/publication/3ab1b169?page=90"> Kalepa Village-100 Unit Family Project, Developed</a> <a title="Affordable Housing News, Winter 2014 issue page 91" href="http://viewer.zmags.com/publication/3ab1b169?page=91"> ASSISTING WITH HAWAII’S AFFORDABLE HOUSING NEEDS </a> <a title="Affordable Housing News, Winter 2014 issue page 92" href="http://viewer.zmags.com/publication/3ab1b169?page=92"> Outstanding Amenities to Those in Need Apartments</a> <a title="Affordable Housing News, Winter 2014 issue page 93" href="http://viewer.zmags.com/publication/3ab1b169?page=93"> “Governor [Jerry] Brown came in and dissolved all</a> <a title="Affordable Housing News, Winter 2014 issue page 94" href="http://viewer.zmags.com/publication/3ab1b169?page=94"> Gateway Crossing – A HOPE VI funded community. Pi</a> <a title="Affordable Housing News, Winter 2014 issue page 95" href="http://viewer.zmags.com/publication/3ab1b169?page=95"> “We created a homeowners’ association, which we m</a> <a title="Affordable Housing News, Winter 2014 issue page 96" href="http://viewer.zmags.com/publication/3ab1b169?page=96"> Paschall Village in southwest Philadelphia was de</a> <a title="Affordable Housing News, Winter 2014 issue page 97" href="http://viewer.zmags.com/publication/3ab1b169?page=97"> Paschall Village “We have a nationally recogni</a> <a title="Affordable Housing News, Winter 2014 issue page 98" href="http://viewer.zmags.com/publication/3ab1b169?page=98"> that, the PHA has actually lost well over 6,000 u</a> <a title="Affordable Housing News, Winter 2014 issue page 99" href="http://viewer.zmags.com/publication/3ab1b169?page=99"> 60 RICHMOND EAST HOUSING CO-OP 60 RICHMOND EAST I</a> <a title="Affordable Housing News, Winter 2014 issue page 100" href="http://viewer.zmags.com/publication/3ab1b169?page=100"> WINTER 2014 35 AHEPA National Housing Corpo</a>