HILO, Hawaii — Alden Capital Partners has financed the rehabilitation of Kamana Elderly Apartments, a 62-unit affordable housing development for seniors in Hilo. Alden was awarded $5.2 million in federal low-income housing tax credits and $2.6 million in Hawaii state low-income housing tax credits from Hawaii Housing Finance and Development Corp.
Development
Hubbell to Build 44-Unit Assisted Living Community as Part of New Development Near Des Moines
by Jeff Shaw
ANKENY, Iowa — Hubbell Realty Company will soon begin construction of Siena Hills, a 13-acre development in the Des Moines suburb of Ankeny. The full development will offer single-family homes, townhomes and a 44-unit assisted living and memory care community.