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FALL 2014 $16.00
affordablehousingnews.com
“Signing the Moving-to-Work Agreement with
HUD was really a natural progression for the
Atlanta Housing Authority,” said Tracey Scott,
Vice President of Innovation for the Atlanta
Housing Authority. “This was particularly true
given our history and the vision that we began
realizing in the 1990s, which was centered
around the concept of transforming public
housing and what it meant to low-income
families. We wanted to move families into
the mainstream and towards self-sufficiency.”
P93
34 AFFORDABLE HOUSING NEWS | FALL 2014
Real estate capabilities you can count on.
Achieve your goals with a bank that understands them.
Bank of America earns its reputation by supporting real estate companies like yours.
We offer you the professional expertise of a dedicated client manager who unde
FALL 2014 $16.00 affordablehousin
34 AFFORDABLE HOUSING NEWS | FALL 2014
Real estate capabilities you can count on. Achie
the next Generation Quanta Power Generat
This issue marks our first look at three
93 AtlAntA Housing AutHority 4
FALL 2014 vol. 2 - issue 3 06 MOSAIC COMM
Mosaic Communities: An Innovative Approach to Fun
critical needs. After the housing need was ful- fi
The purchase of property insurance within the aff
Park Villas A Sunny Outlook Everyday En
ditional sources of funds by leveraging the tax c
Building on a Rich History of Service St. Louis
percent [of the population]. We are really grati-
space for early childhood learning. Located in Mu
Generating Long-Term Success Associated Manageme
are currently far higher than is typically seen i
Oakhaven Manor Developed 2003
Associated Management office
Elmhaven Manor Pontiac MI Developed 2004
South Colony Senior 1 Moon
Hillview Apartments Reason to Celebrate
energy conservation improvements, including new w
Assisting Families Throughout Montgomery City is
there is a demand for affordable housing in a cit
A Silver Lining Strong leadership and clear obje
Silver Street’s portfolio is made up of 10,800 un
Leisure Tower Apartments – Lynn, MA
company called Sparhawk Group, and is part of
It’s about leveragIng the partners’ experIence wI
The firm took considerable interest in improving t
Echo Community Center
Income Housing Tax Credit [LIHTC] projects h
Echo Community Center
Building Communities - Building Relationships Pro
A Family Affair Family-owned and operated compan
“We want to provide [residents] with the amenitie
Longevity and Strong Relationships Time in indus
housing properties in Glendale, where we are head
“One of the things we love to do from a program-
Everyman Housing Omni Housing is committed to hi
“It was heated by a central heating plant that h
together to provide real education, vocational tr
The Galvin Apartments, THC’s 56-unit affordable a
“We have quite a few tenants who receive gov- er
Cottages at Monarch Manor
Pearl House will include fully furnished units, a
Pearl House
“It can be more difficult today to find qualified co
Hollybush Gardens Bayview Tall Tower
“We gave our board a tour of the completed proj-
Helping Veterans Help Themselves New Directions
Beswick ber
El Monte Veterans Village
now returning. I met a guy the other day who had
Nonprofit addresses housing needs for blighted nei
“When the Bradford opportunity arose, we lo
Ornelas, the community center aspect in par- ticu
Our Experience Helps You Protect Your Investment
Casa De Esperanza
“The Central Valley is a farming community, and S
Providing Affordable Co-Op Housing Marion Scott
East River Landing
“We have turned around distressed properties tha
approximately $15 million in energy costs every y
Compaction Systems, LLC Compaction Systems, LLC
Flour Power Former Pillsbury A-Mill to be renovat
Pillsbury - A-Mill exterior
the outset, the remit of the project has been to
A-Mill Artist Lofts
folding in on itself. That caused some challeng-
Artek Clendenin
be for sale will be perpetually affordable. The h
Front Extension - KI Renovation
Selfhelp Community Services incorporates new tech
Bringing Revitalization Home East Akron Neighbor
ProgrAMS AnD SerVICeS EANDC’s homeownership se
we provIde counselIng to more than 500 IndIvIdual
ing recognized by NeighborWorks America as a Home
robInSon HoMeS eAST Construction of robinson Home
Casting a Wide Net Agency uses services in other
Bay Vista, which served the community as West Par
“We are a smaller housing authority in a smaller
Building Stronger and Brighter Hope Community wo
CoMMUnITy-bASeD lIVIng The mission of revitalizin
Supporting Strong Communities Vitus continues to
with more complex developments were well suit- ed
Homeword Southern Lights property, Billings, MT/H
single owner. Each property and owner has its own
Move-To-Work section 88 AFFORDAB
460 Grande AveVista Founded in 1938, the Oaklan
their activities. The Plan must also go through a
Rendering from S 27th Street and South G Street.
“HOP offers a moderately reduced fixed subsidy,” M
Centennial Place
WestHighlands-Columbia Estates Rental
“There are several new communities in that area,”
96 AFFORDABLE HOUSING NEWS | FALL 2014 vIa verde
Commercial Educational Government Healthcare Hist
FALL 2014 78 A. Crano Excavating Co. In