All Articles Tagged "housing development"
(AJC) — Secretary Shaun Donovan announced Tuesday U.S. Housing and Urban Development will spread more than $52 million in grants in Atlanta and Cherokee, DeKalb, Fulton and Gwinnett counties, as well as Rome, Savannah and Augusta to support community development and increase the supply of affordable housing. The grants will also help homeless people and families and those living with HIV or AIDs obtain permanent housing. Nationally, the money available for the grants dropped more than $800 million from last year.
D.C. Housing Agency Lands Bond Financing for Riverfront Residential and More ReD.C. Housing Agency Lands Bond Financing for Riverfront Residential and More
(Washington Business Journal) — The D.C. Housing Finance Agency has closed on the second of three rounds of bond financing that will give the go-ahead to $130 million worth of development in the city, including the construction of a highly-visible Capitol Riverfront project by Forest City Enterprises Inc.
The bonds issued Thursday will help developers start or complete three apartment projects throughout the city, adding or saving 408 units of affordable housing.
In addition to the Foundry Lofts at The Yards project in Southeast — which will deliver 34 affordable units out of its total 170 apartments — the financing will also kick-start renovations at the King Towers apartment complex at 1220 12th St. NW.