Members in the News
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...
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...
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....
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...
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,...
Housing Authority of the City of El Paso Awarded Housing Tax Credits for Jackie Robinson Memorial Apartments
The Texas Department of Housing and Community Affairs announced that the Housing Authority of the City of El Paso received an award to improve Jackie Robinson Memorial Apartments, an affordable housing community at 421 Mangrum El Paso, Texas 79912 offering 184 units.
Saigebrook Development’s Elysium Grand available December 2019
From Community Impact Elysium Grand, a 90-unit apartment complex at 3300 Oak Creek Drive, Austin, will be available by December 2019. The complex, a Saigebrook Development community, has 69 affordable housing units from studio and one to three bedrooms, a playground...
Greystone Ranks No. 5 in Fannie Mae Affordable Housing Loans
$3.9 Billion in Fannie Mae Loan Production for 2018 Ranks Greystone 6th Overall NEW YORK, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Greystone, a leading commercial real estate lending, investment, and advisory company, announced it has ranked #1 in small loan production for...
Hunt Real Estate Capital Finances the Acquisition of an Affordable Housing in Austin
From PR Newswire Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced today it provided a Fannie Mae affordable multifamily loan in the amount of $19.5 million to finance the acquisition of a multifamily...
Davis-Penn Mortgage Co. Finances Anna Dupree Terrace Apartments in Houston
Davis-Penn Mortgage Co. recently closed a HUD-221d(4) for the renovations of Anna Dupree Terrace Apartments. The 151-unit, seniors apartment community has an existing HAP contract, and the Developers pursued tax exempt bond financing with non-competitive 4% Low Income...
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