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As conversations continue surrounding a shortage of affordable housing in Lexington, council members moved forward on a plan to increase funding to create more. ....
Dominium Expands Arizona Footprint May172021 Image courtesy of Dominium Dominium is about to start construction on Vista Ridge, a 308-unit affordable housing community in Phoenix. Public records show the firm acquired the 12.7-acre development site for $3.3 million in April. Completion is expected in the spring of 2022 for the developer’s first project in the metro and its second in Arizona. Development partners include the City of Phoenix, WD Construction, Todd + Associates, Hunter Engineering, Gammage & Burnham and Winthrop & Weinstine, together with Colliers Securities and First American Title. In April, Dominium’s development activity witnessed another expansion: The firm broke ground on its first affordable project in Newnan, Ga. The 202-unit community will cater to adults aged 55 and over. ....
By: Alicia Nieves and last updated 2021-01-05 17:24:24-05 Most states are starting to receive some of the $25 billion that were set aside to help Americans pay their rent. This is money that could help an estimated 40 million Americans who owe back rent or are struggling to pay next monthâs rent. However, the new rental assistance comes with very specific qualifications that renters in need should know. âThey have to be at 80 percent or below area median income, and area localities are required to have a preference to people who are 50 percent or below area median income,â said Diane Yentel with the National Low-Income Housing Coalition (NLIHC). ....