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Tag Archives: Affordable

$50M Loan Helps Preserve 190 Affordable South End Units

Using its ability to offer low-cost, fixed-rate, long-term financing, the Massachusetts Housing Partnership has closed on a $50 million loan to community development corporation Inquilinos Boricuas en Acción (IBA) to preserve the affordability of Victoria Apartments. Built in 1982 and located in Boston’s expensive South End neighborhood, Victoria Apartments features …

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$120K Grant Helps Fund Affordable Housing in West 30’s Neighborhood

COVINGTON, La.–(BUSINESS WIRE)–The First, A National Banking Association and the Federal Home Loan Bank of Dallas (FHLB Dallas) recently awarded a $120,000 Affordable Housing Program (AHP) grant to West 30’s Redemption Company (West 30’s). The grant is helping families buy new and renovated affordable, single-family homes in Covington’s West 30’s …

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Lopez rental housing coming soon

Submitted by Lopez Island Family Resource Center Lopez Island has a new rental community for working people and their families in its future. Now in full possession of the needed land from San Juan County (the deal closed on Oct. 25), Housing Lopez, Inc., a nonprofit, 501(c)3 organization, is ready …

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US Bank invests $4.8 million in affordable housing

U.S. Bank announced this week that it is investing $4.8 million with the goal of advancing affordable housing. The investment comes from the bank’s Community Possible grants as well as corporate contributions.  “We believe that every individual and family deserve access to safe, accessible and affordable homes,” said Tim Welsh, …

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Louisiana Neighborhood Organization to Be Awarded $120K Grant

COVINGTON, La.–(BUSINESS WIRE)–The First, A National Banking Association and the Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded a $120,000 Affordable Housing Program (AHP) grant to West 30’s Redemption Company to help fund new construction and renovation of single-family, affordable houses in Covington’s West 30’s neighborhood. The media …

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Orange County Lays Out Affordable Housing 10-Year Plan

ORLANDO, Fla. — Orange County leaders are well aware that Central Florida is ranked worst in the nation for affordable housing. Final plan calls for 30,300 new housing units in next 10 years Critics say the plan does not keep up with growth READ: Orange County Housing for All plan …

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Citizens Bank Provides $30.5M in Loans for Affordable Housing

This post was contributed by a community member. The views expressed here are the author’s own. Neighbor News Loans support projects in Pittsburgh and Bentleyville By Carmen Lopez, Neighbor Nov 8, 2019 10:15 am ET {{ replyButtonLabel }} Reply PROVIDENCE, R.I. – Citizens Bank has announced that its Community Development …

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