Leading affordable housing provider The NHP Foundation has secured redevelopment funds for its property Ridgecrest Village Apartments in the Congress Heights neighborhood of Washington, D.C. The deal includes $13.9 million in tax exempt bonds financed by JP Morgan Chase and the DC Housing Finance Agency, $16.8 million in federal funding and DC Low Income Housing Tax Credits, $16.13 million in Housing Production Trust Funds from the DC Department of Housing and Community Development, and $2 million in interim net operating income and deferred fees from NHPF.
L&W Supply, a nationwide distributor of interior building materials and construction supplies, has announced that Shayne Bastian has been promoted to branch manager of L&W Supply’s Fort Collins, Colorado, location.
L&W Supply, a nationwide distributor of interior building materials and construction supplies, has announced Jeffrey Pettit as branch manager at L&W Supply’s Columbus, Ohio, location.
Ware Malcomb, an award-winning international design firm, announced Oct. 11 that Michael Herseth has joined the firm as Civil Engineering Manager in the firm’s Seattle office. In this role, Herseth will help lead the growth and management of the Seattle Civil Engineering team and manage select projects.
SmithGroup, one of the nation’s leading integrated design firms, has opened its latest office in Sacramento, California. This location adds to the firm’s strong presence in Northern California, deepening its connections in the growing metropolitan area and Central Valley region.
The Educational Foundation of the International Furnishings and Design Association is pleased to announce its design student scholarship winners for 2022. Since the early years of this 75-year-old global design industry alliance, EF has awarded scholarships to high-achieving design students.
The global home decor market is expected to increase at a strong CAGR throughout the evaluation period and reach a value of roughly U.S. $855,680 million in 2022. The home décor industry is expanding internationally as more people, particularly in poorer nations, own houses.
EverGreene Architectural Arts announced that Chad Reilly, AIA has been appointed new CEO of the company. Reilly brings a wealth of expertise to this role, having served in a number of senior leadership capacities in architectural and engineering firms for over two decades.