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Best regards
Zmags
Spring 2017
affordablehousingnews.com
“
The area around this property has had $35
million in public and private investment
recently, including a new park and all types
of new infrastructure,” says Richard Burns,
President and CEO of The NHP Foundation.
“The property had deteriorated physically, and
it was in a high-crime area. The police and
city officials believed that much of local crime
could be traced back to Cleme Manor. We are
doing what we do best—improve the property,
people’s lives and the community.”
P12
T
he NHp foundation
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AFFORDABLE HOUSING ADVANTAGE. INVESTMENT SALES |
Surveying Americans on Housing Some Surprising Re
This is a call to action for the current
12 T H E N H P F O U N D A T I O N SPRING 201
8 MacArthur Foundation Best practice from
Lessons from 20 Years of Preserving Affordable Re
A New Frontier of Affordable ABOUT
A broader view of the entire universe of existing
Improving Properties, Improving Lives National n
families. It is one of the founding partners of t
“It was an incredible show of force of people who
334.272-4791 | 866.676.1691 info@theconeco.com
16 AFFORDABLE HOUSING NEWS | SPRING 2017
“We also do financial literacy training and commun
Providing Gainful Employment Nonprofit organizatio
More than 30 years ago, George McDonald not
Place. The 28-unit property mainly serves formerl
Crystal Towers, located in Brooklyn, will official
in sanitation jobs. Since then, the program has g
Preservation within Strategic The preserv
Eric Strong • Changing demographics of renter
Navigate continues beyond the initial planning st
Working for a Revitalized Jacksonville Developer
quality housing for the seniors in this community
bedroom units. Amenities include a fitness center,
Shaping Affordable Housing in Nevada A surge in j
“We really work together to develop outside-the-b
Impactful Mission Minnesota’s leading nonprofit af
(MEF), which has raised tax credit equity of more
Groundbreaking for CommonBond’s Veterans Housing
Veterans East groundbreaking ceremony “Our par
Accomplishing Big Things Florida housing authorit
“It is pretty close to the beach, but it is in a
Heading South Construction firm works on key RAD r
On a Steady Growth Path Real estate firm expands i
“We are expanding little by little in areas we ar
ALWAYS LOOKING AHEAD As a company, Hudson Valley
Affordable Housing in 2017: Looking
In contrast, how that demand will be met is an op
Securing Stability for Children Nonprofit organiza
Rockwood was the first development Jamboree has co
Community First Women-run nonprofit provides affor
Along with the change came added capacity
Beskin-Divers Insurance GroupINC. A TRADITION OF
Advocating for Seniors Nonprofit organization fight
ALPHA FIRE SYSTEMS Alpha Fire Systems is known as
“Our architect is so mindful when we build a new
Expertise, Insights Lead to Success One year afte
Robert Sheppard THE EXPERTISE TO LEAD TCG, fou
business truly came to life when we joined forces
Jim Flinn of data, which it then leverages to
Taking Pride in Housing Firm makes its mark with
With the upcoming completion of Park House, the M
always focused on affordable housing, in addition
“Everybody appreciates what we do, and the reside
Overcoming Rising Rents Housing agency’s largest
neighborhood with grocery stores nearby, a hospit
62 AFFORDABLE HOUSING NEWS | SPRING 2017
A MODEL FOR OTHERS In many ways, Home Forward has
Entrance view to Church Court, part of a ninety-t
Communities built by Rutledge feature extensive l
Rutledge and his team only develop when they are
“He tells us all the time how happy he is that we
In It for the Long Haul Wisconsin property manage
years. Going along with that, it just makes sense
A Surefire Approach Urbanmetrics prove to be a bi
of them have become homeowners in what I would co
The location of Del Corazon is far from random. S
Making the Southwest Home Firm enters a new marke
ALLIANT CAPITAL, LTD. Alliant Capital, Ltd. is a
“We are just trying to make as many modifications
Strong Ties to the Community Affordable housing d
Virginia. The property features 193 units,
78 AFFORDABLE HOUSING NEWS | SPRING 2017
gives low-income residents the chance to live clo
Filling a Demand Nonprofit organization leads the
Another individual the organization has helped is
Preservation Leaders Firm is able to leverage eme
CW Early Star appliances, plumbing, light fixtu
housing, with the potential for major tax reform
Power in Numbers Network provides support to orga
䅃䅃䥁 G䅒䑅乓 - 久圠M䥘䕄 啓䔠䉕䥌䑉乇 cture and PlannPinCg
In 2009, two organizations—Basics Inc. and Promes
Above and Beyond Developer utilizes unused ‘devel
Additionally, the ZQA provided an exception to de
90 AFFORDABLE HOUSING NEWS | SPRING 2017
A BANK AS UNiqUe iN TodAy’S BANKiNg eNviroNmeNT A
SPRING 2017 15 AGM Financial Servi