Home Beauty Home

Apartments Communities Newly Modernized by The Michaels Organization, Element Properties , and Allison Management are Preserved as Three Key Affordable Housing Resources in the City of Boulder BOULDER, Colo., August 17, 2017 (Newswire.com) - City officials, community leaders, and residents today joined executives of The Michaels Organization, Element Properties , and Allison Management to celebrate the grand re-opening of three apartment communities that have been rehabilitated and preserved as affordable housing for families in Boulder households with low- and moderate- incomes. “The creation of the Nest Properties has been a tremendous opportunity to work with private partners to implement a key city strategy of preserving existing housing into permanent affordable housing . It’s a real win for our community,” said Kurt Firnhaber, Deputy Director of Housing for the City of Boulder. Known collectively as “The Nest Communities,” The Nest on Osage, The Nest on Thunderbird, and ...

Charlotte’s biggest source of funding for affordable housing projects could soon run dry, as a City Council committee voted Wednesday to move forward with its biggest-ever round of new projects. It’s the latest step in the city’s push to create or preserve 5, 000 affordable housing units over three years, a goal City Council voted to adopt in the wake of the Keith Scott shooting and subsequent unrest last year. City staff said Wednesday that the city is almost halfway to that goal, though the total includes rehabilitated residences and down payment assistance for homebuyers, in addition to brand-new affordable units . The allocations from Charlotte’s Housing Trust Fund that the committee voted to move forward with Wednesday will provide financing for 769 new, income-restricted apartments in five buildings, though the projects also need approval for federal low- income housing tax credits . The aggressive approach to spending could build more apartments faster, but it will leave...

CEO Deidre Schmidt of CommonBond Communities, Minnesota’s largest owner and manager of affordable housing , just paid $16 million to buy a 112- unit Apple Valley apartment complex that the organization intends to preserve for its working-class tenants at a time when for-profit owners are scooping up rental units, adding amenities and hiking rents — causing a housing crisis for some amid a red-hot market. And CommonBond did it without any government subsidy. That’s very rare in a business where nonprofit owners such as CommonBond, PPL and Aeon, who house and provide support services to the working poor and first-generation immigrants, often need public assistance to subsidize rents or buy down a mortgage on a new development or purchase-and-rehabilitation project that might otherwise be acquired by an owner aiming for an upscale clientele. However, government resources for affordable housing are limited for assisting the crowd of maintenance and day-care workers, beginning teachers a...

As Sister Christina Heltsley led families on a tour of an affordable housing apartment building in the North Fair Oaks neighborhood last month, she couldn’t help but reflect on the growing gap between the number of affordable homes on the Peninsula and the need she witnesses daily as executive director of the St. Francis Center , a nonprofit serving families in a low- income neighborhood just outside Redwood City. Dubbed the St. Leo’s Apartments, the project and others aimed at preserving affordable housing have been a focus for Heltsley in recent years, marking a shift in the strategy her nonprofit employs to meet the needs of families in the area bordered largely by Caltrain tracks to the east and Woodside Road to the north. Francis Center " class="img-responsive lazyload full" width="1600" height="1067" /> Sister Christina Heltsley has helped the St. Francis Center , a nonprofit aimed at providing resources for the North Fair Oaks ...

Roosevelt Square developers hope to build two apartment buildings that would have 120 for-rent units. By Susan S. Stevens Roosevelt Square ’s developer, Related Midwest , hopes to build two apartment buildings providing 120 for-rent units. In its plans, the company increased the proportion of market rate apartments to 80%, with the remainder affordable or low- income housing . The previous proportion was 75% to 25%. Related Midwest also changed the exterior designs. Opposition to the apartment buildings has stalled construction since mid-2010. The company announced the 80/20 mix a meeting in April. Another community meeting , open to the public, will be held at 6:30 p.m. on Tuesday, Aug. 7, at the National Italian American Sports Hall of Fame, 1431 W. Taylor St. “Our meeting will be similar in scope to the meeting two years ago at the Sports Hall of Fame that many of you attended, but there will be much more detail about what Roosevelt Square is and how it fits into a larger com...

As Houston plots a sustainable path forward, it’s leaving fenceline communities behind. By Raj Mankad August 15, 2017 This article originally appeared on Grist. Juan Parras gives one hell of a tour of Houston’s east side. He’s charming and funny. Wearing a beret, he strikes an old-world look, like he might lead you to a cafe on a plaza. He doesn’t charge a fee for his services. After all, you’re on a “toxic tour,” and Parras is on a mission. Parras grew up in fifties West Texas . He remembers segregated schools, the restaurants that wouldn’t serve him, the unpaved roads, and the people who lived closest to the local refinery. Those experiences led him to a career as a social justice advocate . The resident of Houston’s heavily industrial east side has worked in a city housing department , for a union, for a law clinic, and on a campaign that stopped a PVC factory from being built in Louisiana’s “Cancer Alley.” For the last decade, he has served as executive director of Texas Enviro...