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Affordable housing opens in Southeast Heights By Steve Sinovic / Journal Staff Writer Thursday, August 3rd, 2017 at 3:20pm

ALBUQUERQUE, N.M. — An affordable housing project in Albuquerque’s Southeast Heights that has been in the works since 2015 officially opened Thursday . Described as a high- design urban infill site , the 89- unit Casa Feliz apartment complex is a $17. 2 million redevelopment project that received funding from four sources. The bulk came from $12.5 million in low- income housing tax credits from the New Mexico Mortgage Finance Authority . City support for the project, which is located in the International District, includes $2.8 million from the Affordable Housing Fund . The New Mexico Housing Trust Fund kicked in $1.5 million and $400,000 came through the Ventana Fund, a nonprofit organization administered by MFA. The development, which is located at 443 Española Street SE, consists of efficiency, one-, two- and three-bedroom apartments. Casa Feliz is reserved for families and individuals with incomes at 30 to 60 percent of the area median household income of $48,900. Twenty per...

Five big projects in Tampa; five big problems looming

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The city of Tampa is on the cusp of a total makeover. With billions of dollars in investment and dozens of new apartment, condo, office and cultural buildings in the pipeline, the city's skyline and surrounding communities are poised to look a whole lot different than what it does today. But dreaming up the future of Tampa doesn't come without its challenges. For all the promises of a new urban core filled with hotels, parks, food halls and stores, there are also potential pitfalls. The Tampa Bay Times identified the five key obstacles that stand in the way of some of the biggest projects proposed in Hillsborough County . Many of these challenges are ones local politicians and business leaders have been fighting for years to find a solution. Others are fairly new territory, but still pose a real threat to the region's continued growth. [LOREN ELLIOTT | Times] A construction site is seen just north of Amalie Arena in downtown Tampa , Fla., on Monday, May 1, 2017. Curr...

Taking a look at high-rise construction in Chicago’s South Loop

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Chicago’s South Loop neighborhood continues to buzz with construction activity. Thanks to its proximity to the city’s central business district , top parks, cultural attractions, and multiple colleges, the area has been especially hot for new rental projects . South Loop hotel construction is also strong as the Metropolitan Pier and Exposition Authority works to expand and transform McCormick Place into a new entertainment and hospitality hub dubbed ‘McCormick Square.’ Here is the latest look at eleven projects under-construction or newly completed in Chicago’s hot South Loop . ↑ One Grant Park Expected to rise well over 800 feet into the air, One Grant Park will be impossible to miss when when it creates a new peak at the south end of downtown Chicago’s skyline. Designed by Rafael Viñoly Architects, the 76- story building broke ground in early 2017 and has been quickly climbing at the corner of Roosevelt and Indiana. The skyscraper will deliver 792 rental apartments . A second...