Affordable Housing
Boone Atkins
Currently serving as Yardi Vice President of PHA and Affordable Housing Sales, Boone Atkins also spent decades as a Yardi user. With more than 22 years of experience in the real estate industry, Yardi gained a valuable asset when Boone shifted from a client into a leadership position in December 2014. “I met Anant Yardi […]
08 / 22 / 16
Affordable Refi
Low vacancies and high rents have positioned the market in your favor. Since the fourth quarter of 2009, apartment values have increased by more than 120 percent. If you are stuck in recession-time financing, make these market improvements work for you by refinancing your affordable property. As a result of revised terms, affordable, B-, and […]
05 / 19 / 16
Crest Manor
Redevelopment and new construction at Crest Manor apartments in Willow Grove, Pa., began on April 13, 2016. The new construction will provide subsidized housing to the state with one of the most significant shortages. Montgomery County Housing Authority (MCHA) constructed the 54-year-old property. The need for updates and repairs for the two-story buildings became critical: […]
04 / 22 / 16
Finally, Good News
After several years of reporting housing shortages and funding restrictions, there is a break in the clouds for affordable and Low-Income Housing Tax Credit (LIHTC) housing. The respite could not have come at a better time, other than sooner. The National Low-Income Housing Coalition recently released its 2016 report. The nation faces a shortage of […]
04 / 06 / 16
Preserving Affordable Housing
The toll of gentrification on local property owners has been well documented in recent years. What has escaped the headlines, however, are alternatives to gentrification that permit the natural ebb and flow of neighborhoods without affecting their longstanding members. Community land trusts are regaining popularity as a way to keep affordable housing in some of […]
08 / 12 / 15
Silver Tsunami
America is in the midst of an unprecedented growth of the senior population. By 2030 there will be approximately 132 million individuals over the age of 50, the Joint Center for Housing Studies of Harvard University (JCHS) predicts. At the same time, one in five Americans will be 65 and over, with the 65-74 age […]
08 / 10 / 15
Housing and Helping
At the Caleb Group, a home is much more than just a place to rest at night. The affordable housing provider, based in Swampscott, Mass., aims to improve the lives of its residents. With a strong foundation of community service created by founders Joan and Warren Sawyer, the Caleb Group has been doing good works […]
07 / 30 / 15
A Day in the Life
At Yardi, we know that the software we create for our clients becomes not just a tool for better business management, but a platform that becomes a major part of their daily lives. Our clients help us understand the business challenges that they face on a daily basis, and in turn, we work to develop […]
06 / 08 / 15
SLO Affordable
A groundbreaking ceremony was held last week for South Street Family Apartments, 43 new, sustainable apartment homes for workforce families in the city of San Luis Obispo, Calif. The homes are a project of the Housing Authority of San Luis Obispo (HASLO), a Yardi client; and builder ROEM Corporation. It was designed by KTGY Group […]
03 / 25 / 15
Affordable in America
The present is the most challenging time in 50 years for renting affordable and adequate housing. Historically low homeownership rates, the rising number of renters fueled by demographic and cultural shifts, increasing rents, a dearth of supply, growing construction costs, high levels of unemployment and underemployment and stagnant incomes have all converged to a critical […]
01 / 16 / 15
Ending Homelessness
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) recently announced more than $62 million in aid for homeless veterans. The funds will assist over 9,000 servicemen and women with permanent housing, dedicated case workers, and medical services. Following a year of budget cuts for HUD, the […]
11 / 07 / 14
Affordable Honors
Affordable Housing Finance’s readers chose their favorite projects from 34 finalists in nine categories based on innovation, community impact and creative problem solving, among other criteria. Seven of the nine projects are from Yardi clients with diverse development specialties in green design, urban planning, senior housing, and mixed-use projects. Preservation of Affordable Housing (POAH) was […]
09 / 26 / 14
HUD Cuts
The U.S. Department of Housing and Urban Development (HUD) granted $1.8 billion to public housing authorities throughout the nation. The funds will allow properties to make major renovations to existing properties that improve habitability andsustainability. The grant falls woefully short of the estimated $25.6 billion needed to bring the nation’s 1.1 million public housing units […]
05 / 16 / 14
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