The Department of Housing and Urban Development last week awarded $31.7 million to support 75 fair housing organizations in their efforts against discrimination.
Actions & Transactions, Sept. 16
By
Kathleen Steele Gaivin
Sep 16, 2024
Ensign Group declares quarterly dividend of $0.06 per share … EBSC Lending arranges $31.2M in construction financing for senior living community planned for Los Angeles … Agape Care Group enters 3...
LeadingAge applauds HUD’s proposed updates to affordable housing block grant program
By
Kathleen Steele Gaivin
Aug 12, 2024
Members of the Preservation Working Group, including LeadingAge, recently applauded the Department of Housing and Urban Development’s proposal to update program rules for the HOME Investment Partnerships...
New Fannie Mae, Freddie Mac lease requirements to go into effect next year
By
John Roszkowski
Aug 30, 2024
Some multifamily housing properties, including many senior housing properties, will be required to provide new protections for tenants starting next year, under new requirements announced Wednesday by...
HUD awards $143 million in grants for affordable senior housing
By
Kathleen Steele Gaivin
Sep 24, 2021
The grants will go toward development of multifamily construction projects, ongoing project rental assistance for very low-income seniors under the department’s Section 202 Supportive Housing for the...
HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
Actions & Transactions, June 24
By
Kathleen Steele Gaivin
Jun 24, 2024
NJ appoints receiver at two facilities linked to Centers Health Care … Athena sells five nursing homes … Presbyterian Homes’ Moorings of Arlington Heights to add more independent living … Hebrew...
HUD announces income limits, $174 million in ‘green’ funding
By
Kathleen Steele Gaivin
Apr 04, 2024
The Department of Housing and Urban Development has announced the next round of funding awards under its Green and Resilient Retrofit Program, which provides funding for direct loans and grants to fund...
Actions & Transactions, Aug. 17
By
Kathleen Steele Gaivin
Aug 17, 2023
Concord Summit Capital arranges $122M construction loan for luxury age-restricted apartments in Port St. Lucie, FL … Haddam, CT, receives $4.55M state grant to convert elementary school into senior housing...
HUD implements multifamily mortgage payment relief during pandemic
By
Amy Novotney
Apr 15, 2020
As a result of the ongoing global pandemic, the Department of Housing and Urban Development last week introduced new mortgage payment relief guidance under the CARES Act. The measure targets borrowers...