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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...

SEVIERVILLE -- One proposed development consisting of 96 units in Sevier County made it through the application process to become a project in the state's 2017 Low- Income Housing Tax Credit program . It was the only proposed project in Sevier County to make the list, which included a special Sevier County disaster relief category . The project will bring 96 apartments to Lenz Drive, which is located near Smokies Stadium. The LIHTC program, which is administered by the Tennessee Housing Development Agency , scores and ranks initial applicants across the state. Glade Pointe was the only Sevier County project included on the rankings list released on Aug. 17 by THDA officials. A memorandum released late Thursday identified 22 projects across the state as finalists and said that "reservation notices will be issued as soon as possible" and that "underwriting is still underway." The 96- unit Sevier County apartment complex on the Aug. 17 list is identified ...

Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City. (Andy Barron/The Reno Gazette-Journal via AP) Photo: Andy Barron, AP / The Reno Gazette-Journal" class="landscape" /> residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City. (Andy Barron/The Reno Gazette-Journal via AP) Photo: Andy Barron, AP / The Reno Gazette-Journal" class="landscape" src="src" /> Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that ...

May 13, 2013 | By Alexandra Chachkevitch, Tribune Reporter Crestwood Place senior facility , discusses the importance of socio-economic diversity in communities at his apartment on May 3." alt="Marshall Gardner, a resident of Northbrook's Crestwood Place senior facility , discusses the importance of socio-economic diversity in communities at his apartment on May 3." /> Marshall Gardner, a resident of Northbrook's Crestwood Place senior facility , discusses the importance of socio-economic diversity in communities at his apartment on May 3. (Alexandra Chachkevitch, Chicago Tribune) Marshall and Paulette Gardner were residents of a senior living facility in downtown Chicago eight years ago when they decided to move back to Northbrook, nearer their children. Crestwood Place , the village's affordable housing development for seniors, seemed perfect. "We were lucky — the waiting list happened to be short during that time," said Paulette Gardner, 71...

News Release — Quail Hollow Senior Living Community June 23, 2016 Contact: Lindsay Getz, Summit Property Management Group , 802-578-8759, [email protected] 62-UNIT DEVELOPMENT INCLUDES AFFORDABLE SENIOR HOUSING SOUTH BURLINGTON , Vt. (June 23, 2016)—More than 100 were in attendance to celebrate the grand opening and ribbon cutting for The Ridge at Quail Hollow, the 62-unit, fourth phase of an award- winning independent senior housing community in West Lebanon, New Hampshire, that brings much needed affordable and independent senior housing to the region. Developed by Green Mountain Development Group , Quail Hollow features 232 apartments and 50 cottages on 39 acres with market rate and affordable units for seniors age 55 and older. “We are proud to celebrate the completion of a quality community that helps to meet the growing need for affordable senior housing in the Upper Valley, and we are honored that the project has received national recognition ,” said Tom Getz, chief execu...

Hoping to tie a surging demand for more apartment units in Spokane with a desire for density, the Spokane City Council approved changes to a city tax law this week aimed at spurring construction of more multifamily housing structures . The changes to the Multiple Family Housing Tax Exemption expand the boundaries where the exemption can be used, and aligns the boundaries with land identified by the city to be prime for denser development. The changes also increase the income levels required under the exemption. “This will help us to continue building the city from the core out,” said Councilwoman Candace Mumm . The exemption applies to the construction or rehabilitation of a building that has four or more living units. Under the exemption, the land is fully taxed, but any new improvements related to housing are exempt from property taxes. After the exemption ends , taxes are paid on the property’s full value. The exemption stays with the property even if it’s sold. There are many ...

Plans for a Chapter 40B development on Brick Kiln Road sparked tension between members of the Falmouth Zoning Board of Appeals and the public last Thursday, August 17, when some neighbors voiced concerns about the perceived negative impacts of having affordable housing in their neighborhood. The proposed rental development , named Brick Kiln Place , would include 20 units contained in 10 ranch- style duplex buildings on 3.66 acres of land. Developers John J. DeSangro and Dana J. Wessell of Northstar Construction, doing business as Northstar Place , LLC, submitted plans for the project in January. The proposed development is unofficially located at 123 Brick Kiln Road , and would sit between two residential subdivisions on Sophie Lane and Jamie Lane, built between 1960 and 2000. Zoning consultant Stephen O. McKenzie, representing Northstar Place , noted that Mr. Wessell and Mr. DeSangro live off Brick Kiln Road themselves, and chose to build the affordable housing development...