2025: Q1 Affordable Housing Milestones-

Q1 2025: Affordable Housing Milestones

Advancing Housing Across the Nation

Through the end of March 2025, Hudson Housing Capital closed over $296 million in LIHTC equity across multiple developments, providing affordable housing and transforming communities across the country. The following is a selection of the high-impact developments that closed in the first quarter of 2025.

We are grateful for our partnerships with developers, lenders, government entities and investors in the LIHTC community.

Total Equity: $80M | Far Rockaway, NY

Edgemere Commons Building A2

Moving Affordable Housing Forward in Far Rockaway

Building on their first transaction with Tishman Speyer in late 2024, Hudson joined them to close Edgemere Commons Building A2 in Far Rockaway, Queens. The 18-story building will include 244 affordable units, supportive housing for formerly homeless individuals and families, retail space, and on-site services from Breaking Ground. This development is expected to be completed in July 2027.

LIHTC equity provided by HSBC.

Total Equity: $23M | College Park, GA

Blue Sky Apartments

Creating Affordable Homes in a Growing Georgia Community

Hudson Housing Capital partnered with Blue Ridge Atlantic Development LLC (“BRAD”) to finance Blue Sky Apartments, a mixed-income development in College Park, GA. This marks Hudson’s seventh transaction with BRAD. The property will include 180 affordable units across seven residential buildings, along with a community building and on-site amenities. This development is expected to be completed in September 2026.

LIHTC equity provided by Bank of America.

Total Equity: $31M | Santa Paula, CA

Citrus Flats

Creating Space for Families to Thrive in Santa Paula

The Hudson team is proud to have partnered with FLT Equity on the financing for Citrus Flats, located in the city of Santa Paula, CA. This mixed-income development will provide 164 affordable units for families. On-site amenities include parking, a playground, a dog park, and an outdoor fitness area. This project is scheduled to be finished by March 2027.

LIHTC equity provided by JP Morgan Chase.

Total Equity: $38M | Jersey City, NJ

Montgomery Gateway Apartments

Affordable Housing Located in the Heart of Jersey City

Hudson Housing Capital joined The Related Companies to finance Montgomery Gateway Apartments, a 190-unit, scattered-site, mixed-income development in Jersey City, NJ. This marks Hudson’s 12th transaction with Related. The ten-building development will provide housing for families and seniors. The project will be completed in December 2025.

LIHTC equity provided by Capital One.

Total Equity: $39M | Reno, NV

Hawk View Apartments

Bringing New Affordable Homes for Families in Reno

Hudson Housing Capital partnered with Brinshore—marking their sixth transaction together—to finance Hawk View Apartments in Reno, NV. This mixed-income development will include on-site amenities and provide 199 units for families, with 99 units receiving rental subsidies. The completion date is slated for February 2027.

LIHTC equity provided by JP Morgan Chase.

Total Equity: $30M | Alexandria City, VA

Witter Place Apartments

Affordable Housing in Alexandria’s Taylor Run neighborhood

Hudson Housing Capital partnered with Community Housing Partners Corporation to finance Witter Place Apartments—their tenth project together. Located in Alexandria’s Taylor Run neighborhood, the four-story, mixed-income building will include on-site amenities and offer 94 affordable units. This project is anticipated to be completed by September 2026.

LIHTC equity provided by Burke & Herbert Bank.