2025: Q2 Affordable Housing Milestones-

Q2 2025: Affordable Housing Milestones

Progress through Partnership in Expanding Affordable Housing Nationwide

As of June 30, 2025, Hudson Housing Capital deployed $552.4 million in LIHTC investments across the nation. These investments are essential to advancing the creation and preservation of affordable housing communities. We’re proud of the impact we’ve made together and look forward to the work ahead.

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

Total Equity: $22.6M | Ewa Beach, Hawaii

Kaleima’o Village

New Affordable Homes and Amenities Coming to Ewa Beach

The Hudson team is proud to have partnered with Standard Communities and Stanford Carr Development, LLC to finance Kaleima’o Village, a development located in Ewa Beach, Honolulu County. This marks Hudson’s fifth transaction with Standard Communities and its first in Hawaii. The seven-building development will include on-site amenities and provide 127 affordable units. This development is expected to be completed in April 2027.

LIHTC equity provided by JP Morgan Chase.

Total Equity: $57M | Coney Island, NY

Coney Landing

Bringing Housing Solutions for Vulnerable Households in Coney Island

Hudson joined Settlement Housing Fund, Inc. to finance Coney Landing—their second project together. Located in the Coney Island neighborhood of Brooklyn, this 15-story affordable housing development will include 179 units and dedicated community space. Of the total, 108 units will be supportive housing for chronically homeless households. This project is scheduled to be finished by July 2028.

LIHTC equity provided by Capital One.

Total Equity: $9.7M | Middlebury, VT

Stonecrop Apartments

Advancing a Long-Term Vision for Housing Affordability in Middlebury

The Hudson team partnered with Summit Development LLC for the fourth time to finance Stonecrop Apartments, located in Middlebury, Vermont. This three-story, mixed-income building will include 35 units and is part of the broader Stonecrop Meadows master development. Six of the 30% AMI units will be set aside for homeless or at-risk individuals and families. The completion date is slated for November 2026.

LIHTC equity provided by Freddie Mac.

Total Equity: $16.2M | Bronx, NY

Webster

Creating Safe, Supportive Homes in the Bronx

Hudson collaborated with New Destiny Housing Corporation on Webster, an affordable housing development in the Concourse Village neighborhood of the Bronx. The 72-unit building will include 43 supportive units for survivors of domestic violence experiencing homelessness, on-site amenities such as supportive services and landscaped outdoor areas. Final completion is targeted for January 2028.

LIHTC equity provided by Capital One.

Total Equity: $25.3M | New Brunswick, NJ

Hildebrand Commons

New Senior Community Replaces Vacant Public Housing Site

Following 45 previous transactions with Pennrose, LLC, the Hudson team closed Hildebrand Commons, a 66-unit senior housing development in New Brunswick, NJ. The six-story building will replace a long-vacant public housing complex and contribute to the revitalization of the surrounding community. The affordable housing development is projected to be complete by May 2027.

LIHTC equity provided by JP Morgan Chase.

Total Equity: $21.6M | Boston, MA

Casas Borinquen

Bringing Mixed-Income Housing and Services to the South End

In collaboration with IBA, Hudson closed Casas Borinquen Apartments, a scattered-site rehabilitation of nine buildings in Boston’s South End. Eight buildings include 36 existing homes, and a ninth will add five more. Once complete, the development will offer 41 units and provide social service programs for residents and the surrounding community. Completion is currently planned for for July 2026.

LIHTC equity provided by Santander Bank.