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Family Rental Developments Reno & Cavanaugh's practice is dedicated to expanding the stock of rental housing units across the country. See below for representative examples of the firm's work:
| | | Townhomes at Willow Oaks Greensboro, NC
This client is working with the residents, the city, and the surrounding community to replace an outdated public housing project with a mixed-income rental development that reflects the local architectural style. The Townhomes at Willow Oaks contains both public housing and low-income tax credit units, and is part of a larger development containing homeownership housing and a community center. | |
| | | Arbor Hill Homes Albany, NY
This new construction development consists of 78 scattered site single family units which will be completed in two sub-phases, the first of which closed in May 2005. This sub-phase involved 54 public housing/low income housing tax credit units and was funded by low income housing tax credit equity, the New York State Housing Trust Fund, HOPE VI Funds and Replacement Housing Factor Funds. The second sub-phase will consist of a mix of public housing and market rate units. | |
| | | Cascade Village Akron, OH This is a 97-unit rental development that includes 48 public housing units and 49 market rate units. The development is being funded with a HOPE VI funds, City HOME funds, and low-income housing tax credits. | |
| | | Quinnipiac Terrace New Haven, CT
Reno & Cavanaugh worked with this client to replace a 256 unit deteriorating, barracks-style public housing development that had only 170 occupied units with 245 new rental and homeownership units that will relate to the architectural character of the surrounding Fair Haven community. Funds for the new housing came from a HOPE VI grant, public housing capital funds, low income housing tax credit equity, the City of New Haven, and local financial institutions. | |
| | | Tavenner Lane Alexandria, VA
This 24 unit mixed finance rental development was the pioneer for the mixed finance concept and was the subject of the Diaz opinion from the HUD Office of General Counsel that agreed with the housing authority that public housing and non-public housing could be combined in one development. Half of the units are pubic housing and half are tax credit units assisted by the Fairfax County Rental Assistance Program. The housing authority acted as its own developer through an affiliate. | | | |
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2008 © Reno & Cavanaugh PLLC | Disclaimer & Privacy Policy | Last Updated: 08.28.08
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