News & Awards

News & Awards

Archive for the ‘News’ Category

Walnut Commons Grand Opening Photos

 

Walnut Commons Ribbon Cutting Celebration

MUNCIE – Mayor Dennis Tyler sees the new Walnut Commons apartment building for the homeless and the new Courtyard by Marriott hotel as downtown bookends. “Three-and-a-half years ago, people said ‘no’ to this,” Tyler said at a ribbon cutting and open house on Tuesday for the $8.4 million, 44-unit Walnut Commons. “Three-and-a-half years ago, people…
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Greenleaf Manor Featured in the Atlantic

GLENVIEW, IL—This town boasts stellar schools, two golf courses, a children’s museum, and the corporate offices of a handful of big companies, including Kraft Foods. Many wealthy, white communities like this one would not welcome an affordable housing development. Perhaps residents wouldn’t say so outright, but instead they might pass laws prohibiting apartment buildings or…
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UP Development Awarded Federal 9% Tax Credits for Two New Developments

On June 18, 2015 Illinois Housing Development Authority announced the awards from the first round of 2015 LIHTC applications. UP Development was the recipient of allocations for two separate projects, totaling $1.72 million in federal low income housing tax credits. These allocations will generate approximately $18 million in private equity towards the construction of the…
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Federal Home Loan Bank Features PhilHaven

Cullen Davis and the PhilHaven project were featured in in Federal Home Loan Bank of Chicago’s 2014 Annual Report, entitled “You Are The Solution.”