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<br /> SUMMER 2024<br /> affordablehousingnews.com<br /> “In these challenging times, it is crucial that<br /> we emphasize collaboration and efficient<br /> resource utilization within the affordable<br /> housing industry. Continuous market<br /> knowledge and the exchange of successful<br /> experiences and best practices are<br /> essential to foster innovation and resource<br /> maximization,” says Blanca Fernández<br /> Gonzalez, Executive Director of Puerto<br /> Rico AFV.<br /> P9<br /> Home is where we begin.<br /> Founded and governed by housing providers. Exclusively insuring<br /> public and affordable housing for more than 35 years.<br /> Learn More<br /> www.haigroup.com<br /> HAI Group® is the registered trademark of Housing Authority Risk Retention Group, Inc. and its related companies. For a complete list of HAI Group<br /> companies, visit www.haigroup.com. Products or services may not be available in all jurisdictions. Certain property and<a title="Affordable Housing News, Summer 2024 issue page 1" href="https://secure.viewer.zmags.com/publication/4d224166?page=1"> SUMMER 2024 affordablehousingnews.com “In these </a> <a title="Affordable Housing News, Summer 2024 issue page 2" href="https://secure.viewer.zmags.com/publication/4d224166?page=2"> Home is where we begin. Founded and governed by h</a> <a title="Affordable Housing News, Summer 2024 issue page 3" href="https://secure.viewer.zmags.com/publication/4d224166?page=3"> </a> <a title="Affordable Housing News, Summer 2024 issue page 4" href="https://secure.viewer.zmags.com/publication/4d224166?page=4"> Traditional Affordable Rural Building & </a> <a title="Affordable Housing News, Summer 2024 issue page 5" href="https://secure.viewer.zmags.com/publication/4d224166?page=5"> Our Leading Lenders issue usually represe</a> <a title="Affordable Housing News, Summer 2024 issue page 6" href="https://secure.viewer.zmags.com/publication/4d224166?page=6"> 9 Puerto RicoAFV SPECIAL SECTION IN THIS</a> <a title="Affordable Housing News, Summer 2024 issue page 7" href="https://secure.viewer.zmags.com/publication/4d224166?page=7"> 78 Novin Development California housing de</a> <a title="Affordable Housing News, Summer 2024 issue page 8" href="https://secure.viewer.zmags.com/publication/4d224166?page=8"> LEADING LENDERS 9 PUERTO RICO AFV </a> <a title="Affordable Housing News, Summer 2024 issue page 9" href="https://secure.viewer.zmags.com/publication/4d224166?page=9"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 10" href="https://secure.viewer.zmags.com/publication/4d224166?page=10"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 11" href="https://secure.viewer.zmags.com/publication/4d224166?page=11"> Fernández says. “Within the framework of pub</a> <a title="Affordable Housing News, Summer 2024 issue page 12" href="https://secure.viewer.zmags.com/publication/4d224166?page=12"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 13" href="https://secure.viewer.zmags.com/publication/4d224166?page=13"> The Project will consist of one (1) six (6) level</a> <a title="Affordable Housing News, Summer 2024 issue page 14" href="https://secure.viewer.zmags.com/publication/4d224166?page=14"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 15" href="https://secure.viewer.zmags.com/publication/4d224166?page=15"> LEADING LENDERS received $27.9 million t</a> <a title="Affordable Housing News, Summer 2024 issue page 16" href="https://secure.viewer.zmags.com/publication/4d224166?page=16"> LEADING LENDERS Affordability, Liquidity</a> <a title="Affordable Housing News, Summer 2024 issue page 17" href="https://secure.viewer.zmags.com/publication/4d224166?page=17"> and higher-for-longer rates, opportunities will o</a> <a title="Affordable Housing News, Summer 2024 issue page 18" href="https://secure.viewer.zmags.com/publication/4d224166?page=18"> LEADING LENDERS AS CAPITAL STARTS TO COME OFF THE</a> <a title="Affordable Housing News, Summer 2024 issue page 19" href="https://secure.viewer.zmags.com/publication/4d224166?page=19"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 20" href="https://secure.viewer.zmags.com/publication/4d224166?page=20"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 21" href="https://secure.viewer.zmags.com/publication/4d224166?page=21"> It Takes an Expert. Whether you're looking to b</a> <a title="Affordable Housing News, Summer 2024 issue page 22" href="https://secure.viewer.zmags.com/publication/4d224166?page=22"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 23" href="https://secure.viewer.zmags.com/publication/4d224166?page=23"> LEADING LENDERS Fostering Dialogu</a> <a title="Affordable Housing News, Summer 2024 issue page 24" href="https://secure.viewer.zmags.com/publication/4d224166?page=24"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 25" href="https://secure.viewer.zmags.com/publication/4d224166?page=25"> ROEM: Transforming Lives, Building Communities A</a> <a title="Affordable Housing News, Summer 2024 issue page 26" href="https://secure.viewer.zmags.com/publication/4d224166?page=26"> LEADING LENDERS “With such com</a> <a title="Affordable Housing News, Summer 2024 issue page 27" href="https://secure.viewer.zmags.com/publication/4d224166?page=27"> LEADING LENDERS “We’re really </a> <a title="Affordable Housing News, Summer 2024 issue page 28" href="https://secure.viewer.zmags.com/publication/4d224166?page=28"> LEADING LENDERS Lending with Confidence C</a> <a title="Affordable Housing News, Summer 2024 issue page 29" href="https://secure.viewer.zmags.com/publication/4d224166?page=29"> The organization’s legacy of success has set the </a> <a title="Affordable Housing News, Summer 2024 issue page 30" href="https://secure.viewer.zmags.com/publication/4d224166?page=30"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 31" href="https://secure.viewer.zmags.com/publication/4d224166?page=31"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 32" href="https://secure.viewer.zmags.com/publication/4d224166?page=32"> LEADING LENDERS Redefining Banking: Mission Va</a> <a title="Affordable Housing News, Summer 2024 issue page 33" href="https://secure.viewer.zmags.com/publication/4d224166?page=33"> The Beacon (Long Beach, CA) Century Hou</a> <a title="Affordable Housing News, Summer 2024 issue page 34" href="https://secure.viewer.zmags.com/publication/4d224166?page=34"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 35" href="https://secure.viewer.zmags.com/publication/4d224166?page=35"> LEADING LENDERS HHFDC operates</a> <a title="Affordable Housing News, Summer 2024 issue page 36" href="https://secure.viewer.zmags.com/publication/4d224166?page=36"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 37" href="https://secure.viewer.zmags.com/publication/4d224166?page=37"> LEADING LENDERS unit ren</a> <a title="Affordable Housing News, Summer 2024 issue page 38" href="https://secure.viewer.zmags.com/publication/4d224166?page=38"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 39" href="https://secure.viewer.zmags.com/publication/4d224166?page=39"> LEADING LENDERS Ka Lei </a> <a title="Affordable Housing News, Summer 2024 issue page 40" href="https://secure.viewer.zmags.com/publication/4d224166?page=40"> LEADING LENDERS THIS IS THE TYPE OF HOUSING</a> <a title="Affordable Housing News, Summer 2024 issue page 41" href="https://secure.viewer.zmags.com/publication/4d224166?page=41"> LEADING LENDERS Innova</a> <a title="Affordable Housing News, Summer 2024 issue page 42" href="https://secure.viewer.zmags.com/publication/4d224166?page=42"> LEADING LENDERS 5,000+ UNITS | 80+ PROPERTIES </a> <a title="Affordable Housing News, Summer 2024 issue page 43" href="https://secure.viewer.zmags.com/publication/4d224166?page=43"> LEADING LENDERS reuse housing units with a fo</a> <a title="Affordable Housing News, Summer 2024 issue page 44" href="https://secure.viewer.zmags.com/publication/4d224166?page=44"> LEADING LENDERS A Moment in Time Ca</a> <a title="Affordable Housing News, Summer 2024 issue page 45" href="https://secure.viewer.zmags.com/publication/4d224166?page=45"> LEADING LENDERS </a> <a title="Affordable Housing News, Summer 2024 issue page 46" href="https://secure.viewer.zmags.com/publication/4d224166?page=46"> LEADING LENDERS MULTIFAMILY MOVES In the l</a> <a title="Affordable Housing News, Summer 2024 issue page 47" href="https://secure.viewer.zmags.com/publication/4d224166?page=47"> Lender with a purpose From affordable h</a> <a title="Affordable Housing News, Summer 2024 issue page 48" href="https://secure.viewer.zmags.com/publication/4d224166?page=48"> LEADING LENDERS Pragmatism & Partne</a> <a title="Affordable Housing News, Summer 2024 issue page 49" href="https://secure.viewer.zmags.com/publication/4d224166?page=49"> LEADING LENDERS WE’VE RE</a> <a title="Affordable Housing News, Summer 2024 issue page 50" href="https://secure.viewer.zmags.com/publication/4d224166?page=50"> LEADING LENDERS I’VE GOT A</a> <a title="Affordable Housing News, Summer 2024 issue page 51" href="https://secure.viewer.zmags.com/publication/4d224166?page=51"> Making Communities Better together. </a> <a title="Affordable Housing News, Summer 2024 issue page 52" href="https://secure.viewer.zmags.com/publication/4d224166?page=52"> LEADING LENDERS Aligning Priorities </a> <a title="Affordable Housing News, Summer 2024 issue page 53" href="https://secure.viewer.zmags.com/publication/4d224166?page=53"> worked with developers to accommodate these reque</a> <a title="Affordable Housing News, Summer 2024 issue page 54" href="https://secure.viewer.zmags.com/publication/4d224166?page=54"> LEADING LENDERS Demonstrating Progres</a> <a title="Affordable Housing News, Summer 2024 issue page 55" href="https://secure.viewer.zmags.com/publication/4d224166?page=55"> LEADING LENDERS essential in rural Oreg</a> <a title="Affordable Housing News, Summer 2024 issue page 56" href="https://secure.viewer.zmags.com/publication/4d224166?page=56"> LEADING LENDERS Promising Housing Package</a> <a title="Affordable Housing News, Summer 2024 issue page 57" href="https://secure.viewer.zmags.com/publication/4d224166?page=57"> LEADING LENDERS LEVELING THE PLAYING FIELD</a> <a title="Affordable Housing News, Summer 2024 issue page 58" href="https://secure.viewer.zmags.com/publication/4d224166?page=58"> Virginia Beach development company positions for </a> <a title="Affordable Housing News, Summer 2024 issue page 59" href="https://secure.viewer.zmags.com/publication/4d224166?page=59"> To date, the Franklin Group has developed 40 comm</a> <a title="Affordable Housing News, Summer 2024 issue page 60" href="https://secure.viewer.zmags.com/publication/4d224166?page=60"> Photo Credit: WR Visuals Franklin, who co-fo</a> <a title="Affordable Housing News, Summer 2024 issue page 61" href="https://secure.viewer.zmags.com/publication/4d224166?page=61"> Serving Others. Enriching Lives.® </a> <a title="Affordable Housing News, Summer 2024 issue page 62" href="https://secure.viewer.zmags.com/publication/4d224166?page=62"> management company has built a couple of highly i</a> <a title="Affordable Housing News, Summer 2024 issue page 63" href="https://secure.viewer.zmags.com/publication/4d224166?page=63"> in partnership with Marlyn Development Corporatio</a> <a title="Affordable Housing News, Summer 2024 issue page 64" href="https://secure.viewer.zmags.com/publication/4d224166?page=64"> Photo Credit: WR Visuals Photo Credit: WR Visu</a> <a title="Affordable Housing News, Summer 2024 issue page 65" href="https://secure.viewer.zmags.com/publication/4d224166?page=65"> Photo Credit: WR Visuals </a> <a title="Affordable Housing News, Summer 2024 issue page 66" href="https://secure.viewer.zmags.com/publication/4d224166?page=66"> Photo Credit: WR Visuals MARLYN </a> <a title="Affordable Housing News, Summer 2024 issue page 67" href="https://secure.viewer.zmags.com/publication/4d224166?page=67"> Photo Credit: WR Visuals </a> <a title="Affordable Housing News, Summer 2024 issue page 68" href="https://secure.viewer.zmags.com/publication/4d224166?page=68"> Preservation, Pushed to the Limit Development org</a> <a title="Affordable Housing News, Summer 2024 issue page 69" href="https://secure.viewer.zmags.com/publication/4d224166?page=69"> larger community initiatives. The organization pr</a> <a title="Affordable Housing News, Summer 2024 issue page 70" href="https://secure.viewer.zmags.com/publication/4d224166?page=70"> I HAVE FOUND THAT WE ARE SAVING OPERATING COSTS R</a> <a title="Affordable Housing News, Summer 2024 issue page 71" href="https://secure.viewer.zmags.com/publication/4d224166?page=71"> We Get The Job Done! Your Way Contracting</a> <a title="Affordable Housing News, Summer 2024 issue page 72" href="https://secure.viewer.zmags.com/publication/4d224166?page=72"> L. NAOUM, P.E., P.C. It has been a fulfilling jou</a> <a title="Affordable Housing News, Summer 2024 issue page 73" href="https://secure.viewer.zmags.com/publication/4d224166?page=73"> NAVIGATING NEW YORK CITY CHALLENGES Developing </a> <a title="Affordable Housing News, Summer 2024 issue page 74" href="https://secure.viewer.zmags.com/publication/4d224166?page=74"> Large-Scale Restoration in Rochester Affordable h</a> <a title="Affordable Housing News, Summer 2024 issue page 75" href="https://secure.viewer.zmags.com/publication/4d224166?page=75"> Leading full-service affordable real estate compa</a> <a title="Affordable Housing News, Summer 2024 issue page 76" href="https://secure.viewer.zmags.com/publication/4d224166?page=76"> Other elements added during the rehabilitation wi</a> <a title="Affordable Housing News, Summer 2024 issue page 77" href="https://secure.viewer.zmags.com/publication/4d224166?page=77"> Norman Towers | 406 units | East Orange, NJ Cre</a> <a title="Affordable Housing News, Summer 2024 issue page 78" href="https://secure.viewer.zmags.com/publication/4d224166?page=78"> Creative, Sustainable & Profitable California hou</a> <a title="Affordable Housing News, Summer 2024 issue page 79" href="https://secure.viewer.zmags.com/publication/4d224166?page=79"> programs. Not only is the development Santa Cruz </a> <a title="Affordable Housing News, Summer 2024 issue page 80" href="https://secure.viewer.zmags.com/publication/4d224166?page=80"> Housing in a Historic Schoolhouse Renovated schoo</a> <a title="Affordable Housing News, Summer 2024 issue page 81" href="https://secure.viewer.zmags.com/publication/4d224166?page=81"> NEW LOOK FOR AN OLD SCHOOL Reimagining school b</a> <a title="Affordable Housing News, Summer 2024 issue page 82" href="https://secure.viewer.zmags.com/publication/4d224166?page=82"> MAROUS BROTHERS CONSTRUCTION Marous Brothers Co</a> <a title="Affordable Housing News, Summer 2024 issue page 83" href="https://secure.viewer.zmags.com/publication/4d224166?page=83"> On a Mission for Minnesotans Passionate newcomer </a> <a title="Affordable Housing News, Summer 2024 issue page 84" href="https://secure.viewer.zmags.com/publication/4d224166?page=84"> After Opara’s father passed away in 2018, </a> <a title="Affordable Housing News, Summer 2024 issue page 85" href="https://secure.viewer.zmags.com/publication/4d224166?page=85"> While Opara and his team are working on securing </a> <a title="Affordable Housing News, Summer 2024 issue page 86" href="https://secure.viewer.zmags.com/publication/4d224166?page=86"> A Fresh Vision South Carolina agency replaces pub</a> <a title="Affordable Housing News, Summer 2024 issue page 87" href="https://secure.viewer.zmags.com/publication/4d224166?page=87"> “I’m excited about what we are accomplishing as </a> <a title="Affordable Housing News, Summer 2024 issue page 88" href="https://secure.viewer.zmags.com/publication/4d224166?page=88"> WARD MUNGO CONSTRUCTION Ward Mungo Construction i</a> <a title="Affordable Housing News, Summer 2024 issue page 89" href="https://secure.viewer.zmags.com/publication/4d224166?page=89"> the skills and the tools that they need to be suc</a> <a title="Affordable Housing News, Summer 2024 issue page 90" href="https://secure.viewer.zmags.com/publication/4d224166?page=90"> Spurring Economic Activity Quasi-governmental age</a> <a title="Affordable Housing News, Summer 2024 issue page 91" href="https://secure.viewer.zmags.com/publication/4d224166?page=91"> project,” says Lundy. “That usually gets them a l</a> <a title="Affordable Housing News, Summer 2024 issue page 92" href="https://secure.viewer.zmags.com/publication/4d224166?page=92"> Bringing Opportunity to Baton Rouge Louisiana dev</a> <a title="Affordable Housing News, Summer 2024 issue page 93" href="https://secure.viewer.zmags.com/publication/4d224166?page=93"> This dedication to providing quality affordable h</a> <a title="Affordable Housing News, Summer 2024 issue page 94" href="https://secure.viewer.zmags.com/publication/4d224166?page=94"> MILTON J. WOMACK, INC. Under the leadership of St</a> <a title="Affordable Housing News, Summer 2024 issue page 95" href="https://secure.viewer.zmags.com/publication/4d224166?page=95"> Collective Action for Affordable Housing Housing </a> <a title="Affordable Housing News, Summer 2024 issue page 96" href="https://secure.viewer.zmags.com/publication/4d224166?page=96"> Marisa Creter, SGVRHT’s Executive Director. “When</a> <a title="Affordable Housing News, Summer 2024 issue page 97" href="https://secure.viewer.zmags.com/publication/4d224166?page=97"> FINANCIAL PROGRESS Several developments the SGVRH</a> <a title="Affordable Housing News, Summer 2024 issue page 98" href="https://secure.viewer.zmags.com/publication/4d224166?page=98"> Expanding Presence Investment firm turned develope</a> <a title="Affordable Housing News, Summer 2024 issue page 99" href="https://secure.viewer.zmags.com/publication/4d224166?page=99"> historic and federal low-income [credits], now my</a> <a title="Affordable Housing News, Summer 2024 issue page 100" href="https://secure.viewer.zmags.com/publication/4d224166?page=100"> Building Youth Opportunities Leading affordable h</a> <a title="Affordable Housing News, Summer 2024 issue page 101" href="https://secure.viewer.zmags.com/publication/4d224166?page=101"> WWW.NEIGC.COM A LEADER IN AFFORDABLE HOUSING </a> <a title="Affordable Housing News, Summer 2024 issue page 102" href="https://secure.viewer.zmags.com/publication/4d224166?page=102"> “The Bridge 2 Trades team, Taisha and Deatrich ar</a> <a title="Affordable Housing News, Summer 2024 issue page 103" href="https://secure.viewer.zmags.com/publication/4d224166?page=103"> A Mission to Serve Madison-and Beyond New afford</a> <a title="Affordable Housing News, Summer 2024 issue page 104" href="https://secure.viewer.zmags.com/publication/4d224166?page=104"> place features and disability-friendly homes, to </a> <a title="Affordable Housing News, Summer 2024 issue page 105" href="https://secure.viewer.zmags.com/publication/4d224166?page=105"> on the site. …” says Wright. “That isolation just</a> <a title="Affordable Housing News, Summer 2024 issue page 106" href="https://secure.viewer.zmags.com/publication/4d224166?page=106"> Ready for the Challenge Texas law firm works to ov</a> <a title="Affordable Housing News, Summer 2024 issue page 107" href="https://secure.viewer.zmags.com/publication/4d224166?page=107"> THE NEED FOR HOUSING ISN’T GOING AWAY. SO, AS WE </a> <a title="Affordable Housing News, Summer 2024 issue page 108" href="https://secure.viewer.zmags.com/publication/4d224166?page=108"> CREATIVE SOLUTIONS The consistent problem develop</a> <a title="Affordable Housing News, Summer 2024 issue page 109" href="https://secure.viewer.zmags.com/publication/4d224166?page=109"> Proactivity & Preparation Insurance leader emphas</a> <a title="Affordable Housing News, Summer 2024 issue page 110" href="https://secure.viewer.zmags.com/publication/4d224166?page=110"> out of internal systems, potentially leading to l</a> <a title="Affordable Housing News, Summer 2024 issue page 111" href="https://secure.viewer.zmags.com/publication/4d224166?page=111"> PUBLIC HOUSING ENTITIES ARE TRYING TO FIND THE BE</a> <a title="Affordable Housing News, Summer 2024 issue page 112" href="https://secure.viewer.zmags.com/publication/4d224166?page=112"> Investing in Growth Leading national inve</a> <a title="Affordable Housing News, Summer 2024 issue page 113" href="https://secure.viewer.zmags.com/publication/4d224166?page=113"> COLLABORATIVE RELATIONSHIPS One of the primary</a> <a title="Affordable Housing News, Summer 2024 issue page 114" href="https://secure.viewer.zmags.com/publication/4d224166?page=114"> responsive to resident needs and essential compon</a> <a title="Affordable Housing News, Summer 2024 issue page 115" href="https://secure.viewer.zmags.com/publication/4d224166?page=115"> </a> <a title="Affordable Housing News, Summer 2024 issue page 116" href="https://secure.viewer.zmags.com/publication/4d224166?page=116"> Ripples of Positive Change Faith-based nonprofit c</a> <a title="Affordable Housing News, Summer 2024 issue page 117" href="https://secure.viewer.zmags.com/publication/4d224166?page=117"> “Working through partners to achieve housing</a> <a title="Affordable Housing News, Summer 2024 issue page 118" href="https://secure.viewer.zmags.com/publication/4d224166?page=118"> Statewide Impact Denver-based nonprofit furthers g</a> <a title="Affordable Housing News, Summer 2024 issue page 119" href="https://secure.viewer.zmags.com/publication/4d224166?page=119"> An even larger redevelopment is slated for RMC’s </a> <a title="Affordable Housing News, Summer 2024 issue page 120" href="https://secure.viewer.zmags.com/publication/4d224166?page=120"> Independent, Accessible Living Illinois nonprofit </a> <a title="Affordable Housing News, Summer 2024 issue page 121" href="https://secure.viewer.zmags.com/publication/4d224166?page=121"> “The need is absolutely so deep, it’s incredible.</a> <a title="Affordable Housing News, Summer 2024 issue page 122" href="https://secure.viewer.zmags.com/publication/4d224166?page=122"> to provide both enrichment and advocacy/supp</a> <a title="Affordable Housing News, Summer 2024 issue page 123" href="https://secure.viewer.zmags.com/publication/4d224166?page=123"> WATTS WORKS THE PROJECT – NAMED WATTS WORKS – IS</a> <a title="Affordable Housing News, Summer 2024 issue page 124" href="https://secure.viewer.zmags.com/publication/4d224166?page=124"> SUMMER 2024 121 Avanath Capital Management, LL</a>