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Instead, DHA awarded the redevelopment project to the “Durham Development Partners,” a joint venture team of F7 International Development, Greystone Affordable Development, and Gilbane ...
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Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.
The arguments. Raleigh-based developer Jim Anthony submitted the lengthy rewrite of the code called SCAD — short for Simplifying Codes for Affordable Development — in May 2022 on behalf of a ...
In 1983, Boston established its first linkage program to help balance commercial construction with construction of affordable, residential development. All commercial construction projects of more than 100,000 feet requiring zoning relief are required to pay linkage fees or construct affordable housing and/or fund job-training programs.
A community development corporation (CDC) is a not-for-profit organization incorporated to provide programs, offer services and engage in other activities that promote and support community development. CDCs usually serve a geographic location such as a neighborhood or a town. They often focus on serving lower-income residents or struggling ...
Nearly 70 units of affordable single-family housing have been proposed off New Leicester Highway. ... an Asheville-based nonprofit community development corporation whose mission is to build and ...
With no development, financial or construction experience, they put down a non-refundable deposit to purchase the Ritz and Mozart apartment buildings. Their commitment won over James Rouse, CEO of The Rouse Company and he helped them secure $625,000 to complete the transaction and $125,000 toward the cost of rehabilitation.