April Housing Affordable Housing in America

Dominium to Build 657 Affordable Units Near Phoenix

Blackstone has expanded its partnership with Dominium by providing $31 million of tax credit equity for the affordable housing developer’s latest project in Phoenix, Commercial Observer can first report.

Blackstone Partners With Dominium on Phoenix Affordable Housing Development

The transaction represents the first LIHTC investment made by Blackstone’s April Housing portfolio company Blackstone is providing $48 million of tax credit equity for Dominium’s new affordable housing development in Phoenix, Commercial Observer can first report. The transaction marks the first Low Income Housing Tax Credit (LIHTC) investment made by April Housing, a Blackstone Real Estate portfolio company. […]

April Housing Takes Key Steps In Its First Months

The firm has made several moves to preserve affordable housing. The pieces are coming together at April Housing. Seven months after its launch, the company has added key members to its executive team, moved toward making its first low-income housing tax credit (LIHTC) investment, withdrawn a qualified contract, and resolved two court cases that it […]

Blackstone Launches April Housing

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More than 90,000 units will be overseen by the new company. Blackstone Real Estate Income Trust has formed April Housing, a new portfolio company that will focus on affordable housing across the United States. The firm will provide solutions and capital to create and preserve affordable housing, including assets within its own portfolio. April Housing’s portfolio will […]

Blackstone Forms New Company for Push Into Affordable Apartments

April Housing News & Events Two Boys Skateboarding and Scootering in the City through Affordable Apartments

Blackstone Inc. is forming a company to manage investments in affordable housing as the firm builds an operation to support a new strategic push. The investing giant is hiring veteran lender Alice Carr to lead the new company, called April Housing. Carr, previously head of community development banking for JPMorgan Chase & Co., will oversee an initial […]