by Allison Kelly | Aug 2, 2010 | Affordable Housing
Venice (Madison County), IL: On Friday, July 30, The Madison County Housing Authority (MCHA) officially opened Meacham Crossing, a 78-apartment development in Venice, Illinois- their first venture as owner and manager. Once an industrial powerhouse, Madison County...
by Allison Kelly | Aug 2, 2010 | Affordable Housing, New Markets Tax Credits, Social Infrastructure
One of Three NYS “Spotlight Communities” Demonstrating How Existing State Programs Can Support and Complement Local Efforts to Develop Brownfields and Achieve Smart Growth Initiatives Babylon (Suffolk County), NY: Long Island, New York: the name conjures images of...
by Allison Kelly | Apr 26, 2010 | Affordable Housing, New Markets Tax Credits
The Lancaster Housing Opportunity Partnership (LHOP) of Lancaster, Pennsylvania is NDC’s newest East Team client community. NDC is no stranger to Lancaster, however. “This is a renewed relationship, based on the results of earlier contracts with Lancaster County,...
by Allison Kelly | Apr 16, 2010 | Affordable Housing
On Thursday, April 16th, NDC took part in a celebration and ground breaking in Seattle, Washington for one of its latest projects, Solid Ground’s Brettler Family Place. This new 52-unit family housing development is located on what was formerly the Sand Point Naval...
by Allison Kelly | Feb 2, 2010 | Affordable Housing
Baxter, MN – In August, NDC’s Corporate Equity Fund (CEF) approved the construction of Grand Oaks Townhomes II, a 24-townhome development in Baxter, Minnesota. This is NDC-CEF’s ninth project with the developer, Central Minnesota Housing Partnership (CMHP), In 2005,...
by Allison Kelly | Feb 2, 2010 | Affordable Housing
Fifth Third, Key are First to Invest NDC Corporate Equity Fund IX launched in March, and in the third quarter, received its first commitment, from Fifth Third Bank for $8.0 million, announced Ann Vogt, CEF managing director. A second investor, Key Bank, has committed...