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New England Nonprofit Funds 10 Affordable Housing Projects, Five of Which Are in Maine

Evernorth, a nonprofit housing capital syndicate based in Portland, Maine, and Burlington, Vt., has closed its latest multi-investor fund of $61 million, which will provide equity to finance 10 housing projects in Maine, in addition to four in Vermont and one in New Hampshire....


Construction to Finish Later This Year On Luxury Senior Living Community in Raleigh, N.C.

Viewing the development of Raleigh, N.C.'s new Hayes Barton Place senior living community from above is no longer just for the birds. Progress also is evident from the ground as Brasfield & Gorrie, the noted Alabama-based contractor, is building the new luxury life plan community, the North State Journal reported June 23....


Adams Administration Introduces New Tools to Address NYC's Affordable Housing Crisis

New York City Mayor Eric Adams and Adolfo Carrión, commissioner of the city's Department of Housing Preservation and Development (HPD), announced June 14 the implementation of two critically-needed tools to address the city's housing crisis....


New Construction Transforming Run-Down Portland, Maine, Neighborhood Into Destination

In Portland, Maine, Bayside has always been a neighborhood in transformation: from industrial center in service to the city's growth, to central hub providing essential services for its most vulnerable populations, to now a vibrant, mixed-use community offering urban lifestyle amenities....


VIDEO: Mass Timber Likely a Viable, Less Expensive Solution in Building Many New England Homes

In a remodeled furniture factory-turned-apartment building in New Haven, Conn., the walls and ceiling are all yellow pine, harvested from Alabama. "So here we are, let's come into the bedroom," said developer Jeff Spiritos as he led a Connecticut Public Radio reporter on a recent site visit of the future ACME Timber Lofts structure....


Two Single-Family Subdivisions to Be Built As Major New N.C. Triad Factories Are Developed

The future growth spurt in advanced manufacturing production and jobs in North Carolina's Triad cities is serving as the catalyst for the development of two single-family residential subdivisions in Greensboro....


Vermont Housing Development a Step Toward Building Berlin's New Town Center

At a time when other surrounding Vermont downtowns are still recovering from last July's devastating floods, the small community of Berlin is about to launch its new town center on a hill, high above the floodplain, beginning with an affordable housing complex next to the Central Vermont Marketplace, also known as the Berlin Mall....


Richmond's Virginia Union University Lands New $40M Development Investment

A month after unveiling a $500 million plan for development of its campus in Richmond's Northside, Virginia Union University (VUU) announced in February the first step it is taking toward implementing that plan over the next 10 years....


Northern Forest Center Begins $5M Redevelopment of Historic St. Johnsbury, Vt., Building

The Northern Forest Center, based in Concord, N.H., is redeveloping an historic, 15,000-sq.-ft. property at 560 Railroad St. in St. Johnsbury, Vt., as part of its ongoing community revitalization work in New England....


Washington's Metro Begins High-Rise Residential Project at North Bethesda Station

The Washington Metropolitan Area Transit Authority, better known as the Metro, held a groundbreaking Jan. 8 for a new high-rise residential building being constructed at the North Bethesda Metro Station....







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