MetLife Foundation and Enterprise Recognize Exemplary Models in Affordable Housing

MetLife Foundation and Enterprise announced the 2008 recipients of the MetLife Foundation Awards for Excellence in Affordable Housing this morning at the Enterprise Community Conference in Baltimore. Six community-based organizations were awarded a total of $180,000 for leadership, innovation, and effectiveness in the fields of supportive housing and property and asset management. Celebrating its 13th year, the MetLife Foundation Awards program has... 

Habitat for Humanity and Third Annual Whirlpool(R) Building Blocks Program Bring Nine Dallas Families Home for the Holidays

Home for the holidays takes on a whole new meaning this year for nine families in Dallas. Starting today, Whirlpool brand, Habitat for Humanity International, Dallas Area Habitat for Humanity, and volunteers from across the country will build nine new homes by Friday as part of the third annual Whirlpool brand Building Blocks program. (Logo: http://www.newscom.com/cgi-bin/prnh/20040202/DETU004LOGO ) According to the National Low Income Housing Coalition... 

K. Hovnanian Says Plenty of Mortgage Money Available

Despite national news media reports, there is plenty of mortgage money available for New Jersey and New York homebuyers with verifiable incomes and assets and good credit, according to officials of K. Hovnanian Homes, New Jersey’s largest homebuilder. In addition, the company is offering special mortgage plans based on standard 30-year fixed-rate mortgages on specific communities and homes. For instance, K. Hovnanian is buying down standard fixed-rate... 

GSLM Capital Partners Finalizes Investment in Mixed Income Project in Brooklyn

GSLM Capital Partners, a partnership between L&M Development Partners and Goldman Sachs’ Urban Investment Group (UIG), announced today that it has completed its investment in the Columbia Hicks project located in the Cobble Hill section of Brooklyn, New York. The $55 million investment will finance a mixed income apartment development totaling 150 units. Assistance for this project is being provided by The New York City Department of Housing... 

New Haven Selects Preferred Developer for Coliseum Site

The City of New Haven is pleased to announce the selection of Northland Investment Corporation as the preferred developer for the former Coliseum site. The site is a 4.5-acre surface parking lot located on the southern end of the Ninth Square neighborhood in downtown New Haven which is bounded by North Frontage Road, State Street, George Street, and South Orange Street. The City will enter into negotiations with this developer for the period of time... 

Grand Opening for First Phase of Whistler Crossing in Riverdale

Whistler Crossing, an innovative 132 unit residential development located in Riverdale, Illinois, will be celebrating its grand opening on Thursday, August 21st at 10 AM at 13711 S. Lowe Avenue. Holsten Real Estate Development Corporation, Turnstone Development and the Village of Riverdale are hosting the celebratory event. This exciting new rental development is the cornerstone of a five-year revitalization effort to replace the dilapidated and crime...