A buzz stirred in the lobby of the Roosevelt Apts. in San Jose as nine South Bay foster youth in danger of being forced out of group homes due to age limits, moved into below market-rate apartments.
An organization with a focus on building affordable housing is turning a southeast Grand Rapids building that contains a post office into a housing development.
KeyBank Community Development Lending and Investment (CDLI) provided $23 million in financing for the roughly $20.3 million project. Financing breakdown includes a $10 million construction loan, a $4 ...