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Tenants are expected to move in shortly after the new year, according to Tyler Sheeran, development associate with Commonwealth Development Corp.

Close The Ridge opened in January the third and final building of a new 60-unit affordable housing complex in the Broadmoor Bluffs neighborhood, with apartments filling up fast as officials say more affordable housing units are needed in Colorado Springs. Courtesy of Greccio Housing

(Provided Photo/City of Muncie) by: Alex Brown, Inside INdiana Business Posted: Jan 26, 2021 / 04:44 PM EST MUNCIE, Ind. (Inside INdiana Business) — The city of Muncie has announced plans to acquire a 53-acre portion of the former General Motors Manual Transmission plant property from Michigan-based RACER Trust. Financial terms of the deal are not being disclosed until the sale closes, but the city says it plans to transform the site into a solar field. The solar field, according to the city, will have the capacity to generate 24.6 million kWh of electricity. Mayor Dan Ridenour says the co...

Commonwealth names Schumacher, Ritchay firm presidents By: Bridgetower Media Newswires January 15, 2021 12:10 pm Commonwealth Companies has named David Ritchay president of Commonwealth Development Corp. Commonwealth Companies has named Brent Schumacher president of Commonwealth Construction Corp. Fond du Lac-based Commonwealth Companies has named Brent Schumacher president of the firm’s construction arm and David Ritchay president of its development entity. Schumacher will lead Commonwealth Construction Corporation and Ritchay will serve as president of Commonwealth Development Co...

Sarah Mudder GUEST WRITER DEVILS LAKE -ND – The North Dakota Industrial Commission (Commission) announced today that six projects have received funding commitments from the North Dakota Housing Finance Agency (NDHFA) to support the construction or rehabilitation of more than 200 affordable housing units. During its most recent funding round, NDHFA allocated $3.25 million in federal tax credit authority through the Low Income Housing Tax Credit (LIHTC) program. When syndicated, the credits will generate approximately $29 million in project equity. NDHFA also awarded $2.76 million through the...