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MISSION STATEMENT to enable families to have the opportunity to live in communities close to work, education, and affordable transportation, while making provision for those most at-risk in our society. Is it any wonder then; that the question of an We strive to serve as a vital resource in spreading news of current developments and good works undertaken in this sector. For both investors and operators, we educate, and provide guidelines about strategy and The mission of Affordable Housing News is For our advertisers, we look to promote a forum affordable housing provision exists as one of regulation in the affordable housing industry. to inform, engage and entertain its readers in which to showcase their work or product in our greatest challenges to our ongoing socio- through thought-provoking content geared front of a qualified, decision-making readership. economic stability? Our readers include the industry’s most well- towards the affordable housing professional. In doing this, we target the people who influence known managers, owners, contractors, lenders By way of both print and online avenues, we purchasing decisions to provide the best return Affordable Housing News (AHN) is a key and industry stakeholders. showcase notable projects and success stories, on investment for your advertisement. player in the delivery of information for this and highlight strategic business and best- vitally important industry sector covering the Through in-depth interviews, case studies practice methodologies, while simultaneously For many disadvantaged, working and lower provision and implementation of affordable and strategic leadership spotlights, AHN keeping up to speed on the most recent income families, homeownership is out of reach. housing options across the United States recognizes those who epitomize the best in government regulations and tax credit offerings. The benefit of affordable housing is in its ability of America. affordable housing.
R DA L RIA EN L CA ITO Q1 - SPRING 2023 Sales Deadline: 3/10/23 ED Copy Deadline: 3/17/23 Cover/Theme: Legal Leaders Development Trends: Is Pre-Construction a Necessity? Special Feature: Non-Profit Thought Leaders Green Building: How to Retrofit Green Strategy & Operations: Property Management Q2 - SUMMER 2023 Sales Deadline: 6/23/23 Copy Deadline: 6/30/23 Cover/Theme: Leading Lenders Development Trends: ESG as Affordable Housing Special Feature: Funding the Finance Stack Green Building: Impact of Climate Change Strategy & Operations: The Cost of Social Impact Q3 - FALL 2023 Sales Deadline: 9/8/23 Copy Deadline: 9/25/23 Cover/Theme: Leading Housing Authorities Development Trends: Embracing Workforce Housing Special Feature: Next-Level Leader Spotlights Green Building: Health and Housing Strategy & Operations: Hiring the Right Consultants Q4 - WINTER 2023 Sales Deadline: 12/1/23 Copy Deadline: 12/8/23 We strive to serve as a vital resource in spreading news of current developments and good works Cover/Theme: Power Women of Affordable Housing Development Trends: Diversity, Equity and Inclusion educate, inform undertaken in this sector. For both investors and operators, we Special Feature: Green Building: MBE Firms Preservation Leaders and provide guidelines about strategy and Strategy & Operations: Improved Operations & Maintenance regulation in the affordable housing industry. * Please note that Sales and Copy deadlines listed above are provisional and subject to change without notification by the publisher
ISLA INTERSECTIONS LOCATED ON A CHALLENGING PARCEL OF LAND IDENTIFIED BY THE CITY OF LOS ANGELES FOR EMERGENCY AFFORDABLE HOUSING, ISLA INTERSECTIONS IS A MODULAR CONTAINER PROJECT DESIGNED FOR AWARD-Winning Design EFFICIENCY AND SUSTAINABILITY. IN THE MIDST OF A HOUSING CRISIS, THE PROJECT IS A UNIQUE OPPORTUNITY TO PROVIDE A HEALTHY, SAFE, DIGNIFIED PLACE FOR THE FORMERLY HOMELESS TO LIVE. IN 2018, THE CITY OF LOS ANGELES MADE AVAILABLE SOME OF ITS 1,700 CITY-OWNED PARCELS TO AFFORDABLE HOUSING DEVELOPERS. MANY OF THESE SITES ARE DIFFICULT, LYING ALONG HEAVY TRAFFIC CORRIDORS OR NEXT TO FREEWAYS. IN OTHER INSTANCES, THE SITES ARE MADE LEADING LENDERS LEADING LENDERS UP OF COMPOSITE PARCELS THAT HAVE BEEN LEFT UNTOUCHED FOR DECADES. IT IS IN THIS KIND OF LIMINAL SPACE, FRAUGHT WITH AMBIGUITY, THAT WE SEE OPPORTUNITY, AND A POTENTIALLY SIGNIFICANT NEXT STEP FOR THE FUTURE OF HOUSING IN THE CITY. OUR FORAY ONTO THIS CHALLENGING YET EXCITING AREA HAS US partnerships in the affordable housing ecosystem that affordable market-rate units of housing, we’ve got 42 allow each partner to home in on their area of expertise. artist live-work spaces [and] we’ve got transit-oriented WORKING AS ARCHITECTS AND URBAN STRATEGISTS. THE 35,000 SQ.FT., As a result, it has successfully aligned itself with an development going in. We’ve also done a bunch of extensive network of partners across the country over foreclosure relief work, which actually has driven down 54-UNIT HOUSING PROJECT AND ADJACENT PASEO, IS SITUATED ON A the past 35 years. ownership costs and housing costs for people who 19,814 SQUARE-FOOT TRIANGULAR SITE UNITING A TRAFFIC ISLAND AND were in default or foreclosure.” Most recently, BlueHub has served as a key financial A FORMER RAILROAD RIGHT OF WAY. SITTING WITHIN CLOSE PROXIMITY partner in the City of Los Angeles’ initiative to spur The unique, hands-on partnership BlueHub has forged TO ONE OF THE WORLD’S BUSIEST FREEWAY INTERCHANGES, THE innovative, efficient supportive housing development between Vincente Tropical Grocery and the Brockton to combat the homelessness crisis that has only Neighborhood Health Center emphasizes the natural DESIGN MAKES A TRICKY LOCATION MORE LIVABLE. worsened since the start of the COVID-19 pandemic. link between access to high-quality foods and good To date, BlueHub has financed $6.6 million to support health. Patients, aided by health professionals, visit the development of 223 units of permanent supportive the grocery store next door to buy healthy foods for THIS MARKETPLACE AND ANNENBERG PASEO WILL ALSO SERVE AS housing, with project partners like LA Family Housing, their families before returning to the health center to Abode Community and Mercy Housing providing prepare nutritional meals in one of the on-site kitchens. A “GREEN LUNG,” HELPING TO FILTER DIESEL PARTICULATES AND extensive wraparound services for the formerly AIR POLLUTANTS. THE LANDSCAPING IS SITE-SPECIFIC, WITH TREES, homeless individuals in those units. “Instead of just telling people that they ought to be eating in a healthier way, this is really a way of helping SHRUBS AND VINES CHOSEN FOR THEIR ABILITY TO CLEAN THE AIR. “Folks occupying these housing units are not just people—in a very hands-on approach—figure out how being housed, but they’re also getting lots and lots of to cook in a healthier way,” Cherry says. “So, the next GREEN ROOF TERRACES, TOO, WILL EASE THE SEA OF CONCRETE services with respect to employment support, financial time they go to the grocery store, they’re not staring at ENCLOSING THE SITE. ROOFTOP FARMS AND EDIBLE GARDENS WILL literacy, educational opportunities, substance addiction things that they haven’t seen before [and] don’t know and health treatment, youth programs, after-school how to cook.” SUPPLY POP-UP FARM STANDS, PROVIDING FRESH PRODUCE AT WEEKLY academic support, health and wellness programs and FARMERS’ MARKETS. THIS PROJECT ALSO HAS THE CHANCE TO BECOME voter education,” says Cherry. “Pretty much everything In addition to assisting with the financing for the new you can think of to ensure that people can lead really health center branch, BlueHub also played a key role in PART OF A LARGER NETWORK OF URBAN FARMS IN THE AREA, WHOSE robust lives.” the expansion of the local grocer, financing the Vincente Tropical Grocery’s transition into a larger space. MISSION IS TO PRESERVE THE TRADITION OF FARMING IN SOUTH LOS ANGELES, BRINGING AFFORDABLE PRODUCE TO A “FOOD DESERT.” Building a Brighter Future In partnership with the co-development team of the Works CDC and ComCap Partners, BlueHub has also joined the community led-revitalization effort in FUTURE GROWTH As BlueHub moves into the future guided by its three- National nonprofit organization uses innovative holistic approach to create healthy Memphis, Tennessee, by financing a $2.6 million loan pronged approach, the company will look to expand the communities where low-income families work and live to jumpstart the Renaissance at Steele redevelopment reach of its SUN foreclosure initiative from seven states FOR PERHAPS THE FIRST TIME EVER, THE CITY IS WILLING TO EMBRACE in the Frayser neighborhood. Through the rehabilitation to 11 while working on policy changes in Massachusetts THESE FORGOTTEN SPACES AND THE IDEAS THEY GIVE BIRTH TO. and preservation of three vacant buildings, Renaissance that will allow more low-income families to have access Selected as one of the Top 100 Women-Led Businesses in at Steele will transform the site of the former Pleasant to solar power. AND, AT A TIME WHEN THE CITY IS DESPERATE FOR ANSWERS TO THE Massachusetts for seven straight years, mission-driven nonprofit View Apartments with 308 affordable housing units HOUSING CRISIS, WE AS ARCHITECTS CAN HAVE A SAY IN HOW THINGS organization and community finance group BlueHub Capital that are just minutes away from two neighborhood- The company is also managing a pipeline of new has invested more than $2 billion in underserved communities anchoring public schools. lending opportunities to ensure that the construction of PLAY OUT OVER THE NEXT DECADE. nationwide. The organization uses a three-headed approach that affordable housing will continue without pause as the focuses on financing the creation of affordable housing, schools COMMUNITY ENRICHMENT country regains its footing. WINTER 2021 SPRING 2022 SUMMER 2022 and healthcare facilities; foreclosure relief; and renewal energy In the Brockton, Massachusetts, community—where affordablehousingnews.com affordablehousingnews.com affordablehousingnews.com sustainability. BlueHub has invested upwards of $24 million—the “On the foreclosure relief side, we are moving into organization’s focus has been on reviving an area that Delaware, Wisconsin, Ohio and Michigan,” says Cherry. Developer: Clifford Beers Housing Under the leadership of CEO and founding Board of Directors member Elyse Cherry, BlueHub has created 25,000 units of was once a bustling industrial corridor but has since fallen prey to a lack of new investment. “On the loan fund side, we have really just begun to move into Corpus Christi in Texas. And I expect we’ll “Kids are the future.” Says Gerry “We can’t use the same “The commitment we have to ESG is Cichon, CEO of HOME. “It really is the tools we’ve been using very important, certainly in a world Architect: Lorcan O’Herlihy Architects [LOHA] affordable housing, assisted more than 1,000 families through its be doing lots more work there. We have work going American Dream. If you think about for the last 30 years and a society that is placing increasing BlueHub Capital Stabilizing Urban Neighborhoods (SUN) foreclosure initiative and “We think of [Brockton] as a gateway city, meaning a on in New York, we’ve worked in Los Angeles and in America, you think about who comes to address our current attention on not only social issues but GC: Geis Construction CEO :: Elyse Cherry | Location :: Boston, Massachusetts financed 25,000 solar panels. place where lower-income folks come in, often as Memphis, and we’re just going to continue to move immigrants, and then eventually some move into higher- across the country into neighborhoods that have the here and what it’s all about—the issue,” says Charles D. Hillman, President and environmental issues, as well. It is just as important in the communities in Location: Los Angeles, CA Guided by the mission to build healthy, dynamic communities that income areas,” Cherry says. “But it has tremendous needs that we can finance and the partners that we can streets are supposed to be paved serve residents holistically, BlueHub actively pursues valuable issues with respect to investment. We have created 210 work with.” with gold. In El Paso, our properties CEO of CMHA. “We which we operate and to the residents 78 AFFORDABLE HOUSING NEWS | SP RI N G 202 1 are paved with opportunity. Allowing are charged to serve staying in our homes,” says Matt Hunt, 30 AFFORDABLE HOUSING NEWS | SUMMER 2021 S U MME R 202 1 | AFFORDABLE HOUSING NEWS 31 those children to harness that the most vulnerable Environmental Social and Governance opportunity is the American Dream.” in our community… Officer at Hunt. so, we’ve taken an P8 innovative approach P8 to combat that through the Project- Based Voucher (PBV) program.” P8 Each quarterly issue brings you, the industry professional, knowledge and information about INDIVIDUALS AND COMPANIES IN THE MARKET WHO ARE MAKING BIG STRIDES Columbus Metropolitan in all aspects of affordable housing. HOME A once-in-a-generation moment for El Paso Housing Authority Creative approaches and partnerships to generate new affordable housing Winter 2021 Spring 2022 Summer 2022 60 Flaherty Salmin CPAs 88 Pax Edwards 37 CPA firm uses personalized Small multifamily development S U M M E R 2 0 21 OREGON HOUSING AND solutions to guide affordable and company uses innovative financing and vol. 9 - issue 2 COMMUNITY SERVICES traditional clients through the ever- collaboration to garner large impact on Leading housing financing agency knocks changing regulatory landscape affordable housing development down obstacles to provide comprehensive support for affordable housing during the mid-pandemic pandemic 90 Kearney Realty and Development 62 Halcon Companies Vertically integrated developer blends Woman-owned real estate and affordable housing and market-rate SPECIAL SECTION IN 40 development firm with significant communities to create diverse resident THIS ISSUE: NEBRASKA INVESTMENT southeastern footprint finds new populations across New York FINANCE AUTHORITY ways to bridge the divide State finance authority utilizes flexible 93 NEI General Contracting/Pennrose 9-45 solve finance structures and innovative 66 Christopher Community, Inc. Developer and general contractor collaboration to fill a growing need for Not-for-profit company develops team up to produce range of LEADING LENDERS affordable housing quality affordable homes for affordable and workforce housing on Each issue delivers a toolbox of information and insight geared toward helping you seniors and families across upstate the East Coast 43 New York 96 Piedmont Housing Alliance CENTENNIAL MORTGAGE, INC. (CMI) 9 HUD and USDA lender utilizes breadth 69 Westmoreland County Nonprofit organization catalyzes the challenges that affect your projects and the BERKADIA of experience, niche market segment to Housing Authority economic advancement opportunities Commercial real estate advisory firm assist developers in navigating complex Housing authority for Pennsylvania with large-scale, multi-phase expansion executes on affordable housing division loan requirements county expands and repositions growth to expand industry impact portfolio, forges creative service 100National Urban League HQ Project partnerships Historic civil rights organization moves 12 74 Columbia Housing Authority to expansive new home, serving as the epicenter of revitalization for an iconic IMPACT INVESTING way you do business. You will also find incisive and informative editorials that GEORGIA DEPARTMENT South Carolina’s largest New York neighborhood OF COMMUNITY AFFAIRS housing authority uses Georgia housing agency leverages 47 SDS Capital Group landmark new program to assist families innovative initiatives and 103NHE Impact investment fund manager experiencing financial hardship amidst aggressive repositioning plan to Diverse real estate management firm continues track record of investing the pandemic rebuild public trust with dynamic internal culture uplifts in affordable housing while affordable housing communities in the generating market rates of return 76 Evansville Housing Authority Southeast during the pandemic 22 50 Belveron Partners Indiana housing agency leverages address lessons learned, government and policy issues surrounding the construction industry and how CALIFORNIA HOUSING FINANCE AGENCY nonprofit development arm to bring 106Mountain Plains Equity Group California agency uses innovative One of the nation’s largest owners new affordable housing locally and Affordable housing syndicator programs to generate more affordability of affordable housing makes waves throughout the state utilizes industry expertise to make in one of the nation’s most expensive with latest fundraise, acquisition and places to live developments possible in the Midwest market expansion 78 Strada Investment Group Bay Area real estate firm builds 108NYCHA - PACT Program economic and other factors will impact business-making decisions over the next few years. 26 IOWA FINANCE AUTHORITY Iowa governor’s housing omnibus bill dubbed boldest plan for transformational 52 Dakota Partners Real estate company continues as most active developer of Passive complex mixed-use, union-owned property with supportive housing element in budding neighborhood Nationís largest public housing authority approaches milestone in its effort to renovate aging public housing properties housing growth House affordable housing in the 81 East Akron Neighborhood industry today Development Corporation 30 56 Banyan Development Group Ohio housing nonprofit assists 17 Akron-area residents in securing BLUEHUB CAPITAL Florida affordable housing National nonprofit organization uses affordable housing and services to developer opens new senior work toward homeownership innovative holistic approach to create T E X A S D E PA R T M E N T healthy communities where low-income community, embraces energy- families work and live efficient innovations throughout 84 Home City Development O F H O USIN G AND portfolio Nonprofit affordable housing CO M M U N I T Y A F FA I R S developer aggressively combats 32 58 Quest Communities chronic homelessness on the Upper FLORIDA HOUSING FINANCE Nonprofit celebrates 20 years of CORPORATION delivering community-changing East Coast 110 Florida agency continues to deliver much- affordable housing and supportive needed housing funds amid crisis, new services on Atlanta’s Westside programs 6 AFFORDABLE HOUSING NEWS | SUMMER 2021 S UMMER 202 1 | AFFORDABLE HOUSING NEWS 7
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EVERY ISSUE IS NOW AVAILABLE ONLINE WITH INTERACTIVE CAPABILITIES America’s Affordable Housing Resource EDITOR-IN-CHIEF FOR REPRINTS/COPYRIGHT PERMISSIONS: JAMES R. H. POTTER REPRINTS@AFFORDABLEHOUSINGNEWS.COM • Keyword Searching • Faster Delivery EDITORIAL@AFFORDABLEHOUSINGNEWS.COM • Rich Media Integration • Clickable Table of Contents FOR ALL EDITORIAL SUBMISSIONS: • Eco-Friendly ADVERTISING DIRECTOR • Direct Links to Advertiser Websites EDITORIAL@AFFORDABLEHOUSINGNEWS.COM CHRISTOPHER BROADBENT SALES@AFFORDABLEHOUSINGNEWS.COM FOR SUBSCRIPTION REQUESTS: SUBSCRIPTIONS@AFFORDABLEHOUSINGNEWS.COM SUMMER 2022 affordablehousingnews.com “The commitment we have to ESG is very important, certainly in a world and a society that is placing increasing attention on not only social issues but environmental issues, as well. It is just as important in the communities in which we operate and to the residents staying in our homes,” says Matt Hunt, Environmental Social and Governance Officer at Hunt. P8 60 Flaherty Salmin CPAs 88 Pax Edwards 37 CPA firm uses personalized Small multifamily development S U M M E R 2 0 21 OREGON HOUSING AND solutions to guide affordable and company uses innovative financing and vol. 9 - issue 2 COMMUNITY SERVICES traditional clients through the ever- collaboration to garner large impact on Leading housing financing agency knocks changing regulatory landscape affordable housing development down obstacles to provide comprehensive support for affordable housing during the mid-pandemic pandemic 90 Kearney Realty and Development 62 Halcon Companies Vertically integrated developer blends Woman-owned real estate and affordable housing and market-rate SPECIAL SECTION IN 40 development firm with significant communities to create diverse resident THIS ISSUE: NEBRASKA INVESTMENT southeastern footprint finds new populations across New York FINANCE AUTHORITY ways to bridge the divide State finance authority utilizes flexible 93 NEI General Contracting/Pennrose 9-45 finance structures and innovative collaboration to fill a growing need for 66 Christopher Community, Inc. Not-for-profit company develops Developer and general contractor team up to produce range of LEADING LENDERS affordable housing quality affordable homes for affordable and workforce housing on seniors and families across upstate the East Coast 43 New York 96 Piedmont Housing Alliance CENTENNIAL MORTGAGE, INC. (CMI) 9 HUD and USDA lender utilizes breadth 69 Westmoreland County Nonprofit organization catalyzes BERKADIA of experience, niche market segment to Housing Authority economic advancement opportunities Commercial real estate advisory firm assist developers in navigating complex Housing authority for Pennsylvania with large-scale, multi-phase expansion executes on affordable housing division loan requirements county expands and repositions growth to expand industry impact portfolio, forges creative service 100National Urban League HQ Project partnerships Historic civil rights organization moves 12 74 Columbia Housing Authority to expansive new home, serving as the epicenter of revitalization for an iconic GEORGIA DEPARTMENT IMPACT INVESTING South Carolina’s largest New York neighborhood OF COMMUNITY AFFAIRS housing authority uses Georgia housing agency leverages 47 SDS Capital Group landmark new program to assist families innovative initiatives and 103NHE Impact investment fund manager experiencing financial hardship amidst aggressive repositioning plan to Diverse real estate management firm continues track record of investing the pandemic rebuild public trust with dynamic internal culture uplifts in affordable housing while affordable housing communities in the generating market rates of return 76 Evansville Housing Authority Southeast during the pandemic 22 50 Belveron Partners Indiana housing agency leverages CALIFORNIA HOUSING FINANCE AGENCY nonprofit development arm to bring 106Mountain Plains Equity Group California agency uses innovative One of the nation’s largest owners new affordable housing locally and Affordable housing syndicator programs to generate more affordability of affordable housing makes waves throughout the state utilizes industry expertise to make in one of the nation’s most expensive with latest fundraise, acquisition and places to live developments possible in the Midwest market expansion 78 Strada Investment Group Bay Area real estate firm builds 108NYCHA - PACT Program 26 52 Dakota Partners complex mixed-use, union-owned Nationís largest public housing IOWA FINANCE AUTHORITY property with supportive housing authority approaches milestone in its Iowa governor’s housing omnibus bill Real estate company continues as element in budding neighborhood effort to renovate aging public housing dubbed boldest plan for transformational most active developer of Passive properties housing growth House affordable housing in the 81 East Akron Neighborhood industry today Development Corporation 30 56 Banyan Development Group Ohio housing nonprofit assists 17 Akron-area residents in securing BLUEHUB CAPITAL Florida affordable housing National nonprofit organization uses affordable housing and services to developer opens new senior work toward homeownership innovative holistic approach to create T E X A S D E PA R T M E N T healthy communities where low-income community, embraces energy- families work and live efficient innovations throughout 84 Home City Development O F H O USIN G AND portfolio Nonprofit affordable housing CO M M U N I T Y A F FA I R S developer aggressively combats 32 58 Quest Communities chronic homelessness on the Upper FLORIDA HOUSING FINANCE Nonprofit celebrates 20 years of CORPORATION delivering community-changing East Coast 110 Florida agency continues to deliver much- affordable housing and supportive needed housing funds amid crisis, new services on Atlanta’s Westside programs 6 AFFORDABLE HOUSING NEWS | SUMMER 2021 SUMMER 2021 | AFFORDABLE HOUSING NEWS 7 SPRING 2022 affordablehousingnews.com “We can’t use the same tools we’ve been using for the last 30 years to address our current issue,” says Charles D. PROFILE YOUR COMPANY, PRODUCT, NEWS OR SERVICE IN Hillman, President and CEO of CMHA. “We are charged to serve the most vulnerable in our community… so, we’ve taken an innovative approach to combat that through the Project- Based Voucher (PBV) program.” P8 AFFORDABLE HOUSING NEWS. Columbus Metropolitan We can structure content to maximize your visibility and exposure, while Housing Authority ensuring an 'evergreen' nature to the coverage by guaranteeing three Creative approaches and partnerships to generate new affordable housing 1 SOUTH DEARBORN ST. 20TH FLOOR month's coverage in print and a year's coverage online. CHICAGO, IL 60603 P 872-212-3500 WWW.AFFORDABLEHOUSINGNEWS.COM
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