2023 MEDIA KIT WWW.AFFORDABLEHOUSINGNEWS.COM

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2023 MEDIA KIT WWW.AFFORDABLEHOUSINGNEWS.COM
2023 MEDIA KIT
  WWW.AFFORDABLEHOUSINGNEWS.COM
2023 MEDIA KIT WWW.AFFORDABLEHOUSINGNEWS.COM
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.
2023 MEDIA KIT WWW.AFFORDABLEHOUSINGNEWS.COM
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
2023 MEDIA KIT WWW.AFFORDABLEHOUSINGNEWS.COM
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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         P
       HI
     RS                                                30.96% - Western US             21.88% - Northeastern US    COLOR RATES                                             1X                          2X                            3X                            4X
  DE
                                                       22.31% - Midwestern US          24.85% - Southeastern US    2-Page Spread                                           $15,290.00                  $14,290.00                    $13,290.00                    $11,290.00
                                                                                                                   Full Page                                               $8,265.00                   $7,765.00                     $7,265.00                     $6,265.00
   A

                                                                                                                   1/2 Page Island                                         $5,920.00                   $5,670.00                     $5,420.00                     $4,920.00
RE

                                                                                                                   1/2 Page                                                $5,205.00                   $4,955.00                     $4,705.00                     $4,205.00
                                                                                                                   1/4 Page                                                $3,790.00                   $3,540.00                     $3,290.00                     $2,790.00

                                                                                                                   BLACK & WHITE                                           1X                          2X                            3X                            4X
                                                                                                                   2-Page Spread                                           $13,290.00                  $12,290.00                    $11,290.00                    $9,290.00
                                                                                                                   Full Page                                               $6,765.00                   $6,265.00                     $5,965.00                     $5,765.00
                                                                                                                   1/2 Page Island                                         $4,920.00                   $4,670.00                     $4,420.00                     $3,920.00
                                                                                                                   1/2 Page                                                $4,205.00                   $3,955.00                     $3,705.00                     $3,705.00
                                                           22.31%
                                                                                                                   1/4 Page                                                $2,790.00                   $2,540.00                     $2,290.00                     $1,890.00
                    30.96%
                                                                                           21.88%
                                                                                                                   COVER POSITIONS                                         1X                          2X                            3X                            4X
                                                                                                                   Inside Front                                            $9,295.00                   $9,045.00                     $8,795.00                     $7,795.00
                                                                                                                   Inside Back                                             $9,295.00                   $9,045.00                     $8,795.00                     $7,795.00
                                                                                                                   Outside Back                                            $9,795.00                   $9,545.00                     $9,295.00                     $8,295.00

                                                                24.85%

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•   Bank of America Merrill Lynch                   •   National Equity Fund
•   Boston Financial Investment Management          •   NBT Bank

                                                                                                                                                                                                                  IS
•   Capital One                                     •   NEI General Contracting

                                                                                                                                                                                                                    IN IO
•   CBRE                                            •   Norstar Development

                                                                                                                                                                                                                      G N
•   City Real Estate Advisors, Inc.                 •   NorthMarq Capital
•   Coats Rose                                      •   Nova Investment Realty
•   Cohn Reznick                                    •   Novogradac & Company LLP

                                                                                                                                                                                                                          S
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•   Council for Affordable & Rural Housing (CARH)   •   PGIM
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                  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.
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 Creative approaches and partnerships to generate new affordable housing

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