Georgiaville Village Green

Constructed on a blighted parking lot in a transitional neighborhood in Rochester, NY, The Eastman Reserve seeks to help transform the community into a safe, sustainable residential area with connections to existing amenities and employment opportunities. The 187-unit mixed-income mixed-use complex is comprised of townhouses, single-family homes and multi-family apartments that target a range of households including homeless youth and domestic violence survivors. Supported by Empire State Supportive Housing Initiative (ESSHI) funding, 69 apartments are affordable to households earning 50 percent or less of the Area Median Income (AMI), including 27 special-needs units: five targeting homeless young adults (18-25) and 22 are reserved for domestic violence survivors. Most of the other units are affordable with 66 at 50-60 percent AMI, 33 units at 60-90 percent AMI, and 19 units at 90-120 percent AMI. Residents have access to on-site supportive services such as counseling, legal, and healthcare services as well as a variety of modern amenities.

The Eastman Reserve won a 2020 Developments of Distinction Award for the Development that Best Preserves Metropolitan Community Impact and was a 2021 AHF Readers' Choice Awards - Family Category Finalist.

Sponsored by PathStone Development Corporation, NEF invested nearly $20 million of LIHTC equity into this development.

Florence Mills Apartments (FMA) is an environmentally-forward and thoughtfully designed mixed-use affordable housing building in the Central Avenue Historic District of South Los Angeles. FMA offers 74 new apartments with a mix of one-, two-, and three-bedrooms, approximately 5,000 square feet of commercial retail on the ground floor, community spaces for on-site resident services, and one level of subterranean parking. The apartment community is home to 54 large low-income families earning less than 60 percent of the Area Median Income (AMI) and 19 homeless veterans and families earning less than 18 and 9 percent AMI, respectively. The architecture integrates design elements to satisfy the needs of future residents, foster a sense of community, and reduce the environmental impact of the building. The building's namesake and mural subject, Florence Mills, was an extraordinary African American singer, dancer, and a passionate advocate of racial rights who captivated audiences during the golden age of Jazz in the 1920s. This community was a 2021 finalist in the Charles L. Edson Tax Credit Excellence Awards and the AHF Readers' Choice Awards - Urban Category.

FMA was developed by Hollywood Community Housing Corporation. NEF invested over $25 million of LIHTC equity into this development.

Brushwood Farm Housing is a new construction development located in Lenox, MA. Once complete, it will include a total of 65 units, 50 of which are LIHTC?eligible units under the Average Income Test set aside, including thirty six (36) for households earning 60% or less of Area Median Income (AMI), five (5) for households earning up to 80% of AMI and nine (9) designated for extremely low?income tenants at or below 30% of AMI.  The  nine  extremely  low?income  tenants  will  all  be  supported  by  project  based  rental  assistance  through  the Massachusetts Rental Voucher Program (MRVP). The remaining 15 units will be target families at up to 120% of AMI.  

This project will consist of 13 two? and three?story, rental town home buildings and a stand?alone clubhouse. The one?story, clubhouse/community building will be approximately 3,100 sf with 1,700 sf of walkout basement area containing a maintenance and mechanical area, while the first floor will hold a variety of community amenities including a reception area, community room, resident services room, office, conference room, A/V and work room, and a fitness room.