HONOLULU, Hawai‘i, July 5, 2023 – In partnership with Pacific Development Group (PDG) and Hunt Development Group (HDG), Hunt Capital Partners (HCP) announced the closing of $68.9 million in Federal Low-Income Housing Tax Credit (LIHTC) equity and $24.4 million in State LIHTC equity financing for a high-rise development overlooking Pearl Harbor. This project, known as Hālawa […]
HONOLULU, HI — The Hawaiʻi Housing Finance and Development Corporation (HHFDC) announced today that rental units at the Kūlia I Ka Nuʻu housing complex in Waiʻanae will remain affordable through 2098 under an agreement reached with a private management company. The agreement, which began on June 30, calls for Solar Farm View Estates LLC (SFVE) […]
March 17, 2023 – Pacific Development Group (PDG) is pleased to announce the acquisition of the historic Cort Tower in downtown Stockton, California. The 85,000 square foot, 10-story building was originally built in 1915 to house the Commercial & Savings Bank. This landmark building was designed by architect L.B. Dutton and associate architects Stone & […]
The Pismo Beach City Council voted unanimously on Tuesday to move forward with negotiations with the Housing Authority of San Luis Obispo (HASLO) regarding a proposed affordable mixed-use senior housing project. The council’s vote directs City Manager Jim Lewis to negotiate a development agreement with HASLO for a property located at 2655 Shell Beach Road […]
HONOLULU, Hawaii (HawaiiNewsNow) – In these difficult times, people are stepping up to find ways to support the local community. Mark Development alongside other affordable housing owners are making security deposits available to their tenants for a good reason: They hope the extra money will allow families to buy necessities during the coronavirus pandemic. On […]
SOUTH LAKE TAHOE, Calif. – After much discussion, the South Lake Tahoe City Council voted to sign Memos of Understanding (MOUs) with the Tahoe Transportation District (TTD) and two developers to build affordable housing in the community. Pacific Development Group and United Housing Corporation have identified properties, some which have already been purchased, to build […]
City Council on Tuesday will consider two memorandums of understanding that staff say will give the city a more prominent role in the development of affordable housing related to the U.S. 50 South Shore Community Revitalization Project. More commonly known as the “Loop Road” project, the U.S. 50 highway realignment project involves the demolition of […]
