Top 10 Affordable Housing Deals & Markets — Week of 2026-08-24
Week of 2026-08-24 · Published August 24, 2026
Market Context
The national affordable housing market in late August 2026 remains defined by a challenging capital environment, where developers are increasingly utilizing complex capital stacks to bridge the gap between rising operating costs and the needs of low-income households. Legislative shifts, particularly the new 25% bond test for 4% LIHTC transactions, are beginning to unlock production capacity as the industry seeks to address a persistent national shortage of affordable rental units.
Rankings
Parkside Commons Redevelopment, Syracuse, NY
$269M total financing · 393 units · Section 8 · Tax-Exempt Bonds
A major redevelopment project utilizing Section 8-backed housing and tax-exempt bonds to deliver 393 affordable units, supported by a significant $116 million construction loan from Goldman Sachs.
National Equity Fund Preservation Portfolio
$444M · Preservation · Multi-state portfolio
A massive $444 million preservation effort aimed at maintaining long-term affordability for existing housing stock, preventing potential conversion to market-rate rents.
East Point Flats, East Point, GA
$70M equity · $52M bonds · 4% LIHTC
A new development utilizing federal 4% LIHTCs and tax-exempt bond authority to provide housing for households at varying income levels up to 80% AMI.
Livewell Terrace, Bluffton, SC
$39M · New Construction · Public-Private Partnership
A strategic partnership between a hospital and a developer to integrate health and housing, specifically targeting low-income residents in the South Carolina market.
Sioux City Affordable Portfolio, IA
160 units · 4% LIHTC · Rehab
Community Preservation Partners and The Hampstead Cos. acquired and initiated rehabilitation for three communities to extend affordability through 2046.
Cinnaire Fund 45
$307M · 2,259 units · LIHTC Equity
A $307 million LIHTC equity fund closed to support the creation and preservation of over 2,200 affordable apartments across 10 states.
PNC LIHTC Fund 104
$251.4M · 1,700 units · LIHTC Equity
A $251.4 million fund dedicated to supporting the development of 1,700 affordable homes across 16 properties in 10 states and D.C.
Alonzo Mourning / Housing Trust Group Project
$31.5M LIHTC · $16.9M Loan
A development financing package featuring significant LIHTC equity and a permanent loan arranged by Berkadia to support affordable housing production.
Creekside Commons, Santa Clarita, CA
128 units · 4% LIHTC · Tax-Exempt Bonds
An approved 128-unit development utilizing a complex capital stack of tax-exempt bonds and LIHTC equity to maintain feasibility in a high-cost region.
Marshall Pointe Apartments, Arvada, CO
$5M bridge loan · 260 units
A 260-unit affordable housing project supported by a $5 million bridge loan from the Colorado Department of Local Affairs and National Equity Fund.
Side-by-Side Comparison
| Rank | Deal / Project | Value | Program Type | Source | Source |
|---|---|---|---|---|---|
| 1 | Parkside Commons Redevelopment, Syracuse, NY | $269M total financing · 393 units · Section 8 · Tax-Exempt Bonds | A major redevelopment project utilizing Section 8-backed housing and tax-exempt bonds to deliver 393 affordable units, supported by a significant $116 million construction loan from Goldman Sachs. | - | Commercial Observer |
| 2 | National Equity Fund Preservation Portfolio | $444M · Preservation · Multi-state portfolio | A massive $444 million preservation effort aimed at maintaining long-term affordability for existing housing stock, preventing potential conversion to market-rate rents. | - | Multi-Housing News |
| 3 | East Point Flats, East Point, GA | $70M equity · $52M bonds · 4% LIHTC | A new development utilizing federal 4% LIHTCs and tax-exempt bond authority to provide housing for households at varying income levels up to 80% AMI. | - | Novogradac |
| 4 | Livewell Terrace, Bluffton, SC | $39M · New Construction · Public-Private Partnership | A strategic partnership between a hospital and a developer to integrate health and housing, specifically targeting low-income residents in the South Carolina market. | - | Affordable Housing Finance |
| 5 | Sioux City Affordable Portfolio, IA | 160 units · 4% LIHTC · Rehab | Community Preservation Partners and The Hampstead Cos. acquired and initiated rehabilitation for three communities to extend affordability through 2046. | - | Novogradac |
| 6 | Cinnaire Fund 45 | $307M · 2,259 units · LIHTC Equity | A $307 million LIHTC equity fund closed to support the creation and preservation of over 2,200 affordable apartments across 10 states. | - | Novogradac |
| 7 | PNC LIHTC Fund 104 | $251.4M · 1,700 units · LIHTC Equity | A $251.4 million fund dedicated to supporting the development of 1,700 affordable homes across 16 properties in 10 states and D.C. | - | Novogradac |
| 8 | Alonzo Mourning / Housing Trust Group Project | $31.5M LIHTC · $16.9M Loan | A development financing package featuring significant LIHTC equity and a permanent loan arranged by Berkadia to support affordable housing production. | - | The Real Deal |
| 9 | Creekside Commons, Santa Clarita, CA | 128 units · 4% LIHTC · Tax-Exempt Bonds | An approved 128-unit development utilizing a complex capital stack of tax-exempt bonds and LIHTC equity to maintain feasibility in a high-cost region. | - | Multi-Housing News |
| 10 | Marshall Pointe Apartments, Arvada, CO | $5M bridge loan · 260 units | A 260-unit affordable housing project supported by a $5 million bridge loan from the Colorado Department of Local Affairs and National Equity Fund. | - | Multi-Housing News |
Rankings are built using live web research and publicly available data. Sources are cited inline. This content is for informational purposes only and does not constitute investment advice. View all rankings →