Members in the News
Housing Solutions Alliance Celebrates Affordable Housing Grand Opening in Killeen
MEMBERS IN THE NEWS: TAAHP member Housing Solutions Alliance celebrated the grand opening of its newest affordable housing community in Killeen, Texas with a ribbon cutting ceremony. The 76-unit community, Hyde Estates, is located in South Killeen. It offers both duplexes and apartment homes with two-, three-, and four-bedroom options for families who qualify based on their income.
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National Equity Fund closes Housing Tax Credit Loan with Freddie Mac, benefits New Hope Housing
From Global Newswire Freddie Mac (OTCQB: FMCC) announced it has closed a Low-Income Housing Tax Credit (LIHTC) Fund with National Equity Fund (NEF) and initiated three investments within the fund. The closing marks Freddie Mac’s fifth LIHTC fund since re-entering the...
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Churchill Stateside Group Announces Streamlined Process for FHA 221(d)4 Loans
From PR Newswire Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, today announced a new HUD streamlined process for FHA Section 221(d)(4) loans associated with new tax credit transactions. These changes will result...
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Brinshore Development to scale back size of affordable housing development
From Builder Magazine TAAHP member Brinshore Development agreed to reduce the size of its planned affordable housing development at 402 Columbia in Houston after some pushback from nearby residents. Originally planning to build a five story apartment complex offering...
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TAAHP member Andrea Steel promoted to director at Coats Rose
From Affordable Housing Finance Congratulations to TAAHP member Andrea Hope J. Steel who has been promoted to director at Coats Rose. She represents public housing authorities as well as affordable housing developers that build their developments with the Department...
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TAAHP President-Elect Dan Kierce Promoted to Managing Director
From Multi-Housing News TAAHP President-Elect Dan Kierce of RBC Capital Markets' Tax Credit Equity Group has been promoted to managing director for the company. Kierce originates, structures and negotiates housing tax credit investments in the company's central...
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City of Waco expected to support two affordable housing developments
From The Waco-Tribune Herald TAAHP members Brownstone Affordable Housing and MVAH Partners have asked the Waco City Council for support for two apartment communities that will create 179 total affordable housing units in the city. Support from the City won't guarantee...
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Bank of America Merrill Lynch lends and invests a record $4.7 Billion
From Business Wire TAAHP Member Bank of America Merrill Lynch Community Development Banking was reported to have provide a record amount ($4.7 Billion) in loans, tax credit investments and other development solutions in 2018. This was up from $4.53 billion in 2017....
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Federal Reserve Bank rates BBVA Compass “Outstanding” for CRA performance
From PR Newswire - Marked Improvement: The bank's "Outstanding" rating marks its second improved rating since 2014. - Rating reflects strong commitment: BBVA Compass has executed a plan dedicated to responsible banking through lending, investments, social impact and...
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Bellwether Enterprise Closes Over $532 Million in Loans in Q4
From Affordable Housing Finance Bellwether Enterprise Real Estate Capital reported closing more than $532 million in loans for affordable housing properties in the recently completed fourth quarter. The 46 loans will help secure over 5,884 units of affordable housing,...
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