Arbour Valley Communities is pleased to announce three Low Income Housing Tax Credit awards from Florida Housing Finance Corporation. The awarded projects include Arbours at Quincy, an 80-unit family project in Quincy, Arbours at Merrillwood, a 40-unit senior project in Alachua, and Retreat at Cocoa Commons, a 96-unit senior project in Cocoa. Arbours at Quincy… Read more »
News
Arbours at Lafayette- Press Release
Arbour Valley Communities is pleased to announce a Community Development Block Grant (CDBG) award of $7.9 million from Louisiana Housing Corporation for Arbours at Lafayette, an 84-unit family development in Lafayette, Louisiana. The award is part of a $106 million Piggyback Resilient Mixed-Income (PRIME) funding, which addresses the needs of Louisiana’s low-to-moderate income renters affected… Read more »
Merchants Capital Secures $5M+ for Affordable Housing in FL; Among First to Close Under LIHTC Pilot
CARMEL, Ind. (Oct, 2019) – Mortgage banking company Merchants Capital has secured $5.1 million in financing for an affordable housing development in Dade City, Florida – one of the first to close under the Low-Income Housing Tax Credit (LIHTC) Pilot program. The loan was secured on behalf of Arbour Valley Communities. The 40-year 221(d)(4) New… Read more »
Arbour Valley Awards and Recognition
It’s been an exciting year at Arbour Valley full of recogntion for the great work by our team. Arbour Valley has been nominated for Management Company of the Year with the Greater Birmingham Apartment Association (GBAA). Two of our regionals, Hope Watwood and Ebony Gunn, have also been nominated as Regional Manager of the Year… Read more »
Florida’s First LIHTC Average Income Election
Panel Discussion: National Council of Housing Market Analysts Nashville, TN November 12, 2019 Arbour Valley Communities in conjunction with Florida Housing Finance Corporation and Vogt Strategic Insights, a market research firm, discussed Florida’s first “Average Income” property. Arbour Valley’s new 80-unit family development in Dade City, FL, Arbours at Hester Lake, was used as a… Read more »
AV participates in charity Hatching Hope
Arbour Valley is honored to announce a corporate partnership with Hatching Hope, a charity that supports displaced apartment home residents following a fire or natural disaster. Founder and 20-year multifamily industry veteran Keli Lynch-Wright was inspired to start Hatching Hope after seeing the devastation caused by fire in the apartment communities she’d worked in and… Read more »
AV awarded contract to serve as Alachua County Housing Authority Developer Partner
Arbour Valley has been selected as the Developer Partner of the Alachua County Housing Authority. Having recently completed the development of the mid-rise Arbours at Tumblin Creek, which provides affordable housing for veterans and elderly residents of Gainesville, Florida, Arbour Valley Communities is pleased to continue investing in the Alachua County market. Arbour Valley will… Read more »
AV participates in Gainesville Affordable Housing symposium
As one of the community’s major stakeholders, Arbour Valley was invited to present at the City of Gainesville Affordable Housing symposium. During this symposium, principal Steve Lowitz and area manager Doris Munshower discussed best practices with the local development and management community, other area developers, and financing sources.
AV conducts training in Destin, awards, thanks to sponsors
Arbour Valley Communities hosted its 9th Annual Manager’s meeting in Destin, FL in May. Arbour Valley Management President Stephanie Tinney remarked, “The Annual Meeting is an excellent opportunity to collaborate with peers, brainstorm new ideas, soak in a little training and have a little fun while celebrating our prior year accomplishments.” This year’s themes were… Read more »
AV installs solar farm at Arbours at Crown Point
Arbour Valley Communities has completed the installation of a large-scale solar array and power generating system at its Arbours at Crown Point 240-unit apartment complex in Ocoee, Florida. Chris Maingot, principal of Universal Solar, Arbour Valley’s solar contractor, commented, “We have installed many solar power generating systems, but we only rarely see it done at… Read more »
