News Worth Sharing
A Pioneering Affordable Housing Model in Springfield, Missouri
In Spring 2023, a groundbreaking affordable housing initiative debuted in Springfield, Missouri—Keystone Family Homes. This project leveraged a novel financing structure blending HUD’s Rental Assistance Demonstration (RAD) with Section 18, making it one of the first...
Salina RAD Homes Ribbon Cutting: News Coverage
This month, Knight Development joined city officials and community leaders to celebrate the ribbon cutting of Salina RAD Homes—a transformative milestone for affordable housing in Salina, Kansas. Salina RAD Homes represents a $23.7 million reinvestment into the...
Salina RAD Home Ribbon Cutting: Press Release
$23 Million Affordable Housing Redevelopment Completed in Salina Ribbon Cutting June 18 to Celebrate Preservation of 118 Local Homes SALINA, KS — The Salina Housing Authority and Knight Development will host a ribbon-cutting ceremony on Wednesday, June 18 at 10:00...
Job Fair & Contractor Outreach – Taylor, TX
We’re excited to support the upcoming outreach and information session for the Taylor RAD Family, LP, a 46-unit affordable housing rehabilitation project in Taylor, Texas. This event is a great opportunity for general contractors, minority- and women-owned businesses,...
Article: $44 million renovation to the Wellington Family Homes welcomes some of its first residents back to their homes
ST. LOUIS — Wellington Family Homes, a portion of affordable and public housing in Wellston that was once at risk of losing its residents, is getting a facelift. It's a place Tracy Edwards can truly call home now. "I love it," Edwards said. Edwards is one of the first...
Award: Keystone Family Homes Receives Novogradac Development of Distinction Award
Keystone Family Homes, LP is a 297-unit multi-family development project in Springfield, Missouri. It consists of 88 separate buildings on seven scattered sites. This $42,841,583 project is a collaboration between the Housing Authority of the City of Springfield...
Press Release: Lakeshore Family Homes, LP Receives Novogradac Journal of Tax Credits Developments of Distinction Award
September 28, 2023 - Ruston, LA - Lakeshore Family Homes, LP located in Lake Providence, LA received an Honorable Mention as a 2023 LIHTC Development that Best Exemplifies Rural Community Impact at the Novogradac 2023 Housing Tax Credit and Bonds Conference in New...
Press Release: Memphis Housing Authority and Knight Development Celebrate First Clinic with Matter Health
The Memphis Housing Authority (MHA) and Knight Development welcomed Matter Health, project stakeholders, and residents to a Clinic Grand Opening at the newly renovated senior building of College Park. The first clinic to open in MHA communities, Matter Health will now provide preventive primary care to low-income senior residents with additional clinics and mobile support planned for future Knight Developments.
MS Region VI RAD Recognized with a NALHFA 2023 Award of Excellence
Knight Development recognized for MS Region VI RAD with a NALHFA 2023 Award of Excellence.
Press Release: 44 Million Affordable Housing Redevelopment Effort Breaks Ground and Ushers in Era of New Hope in Wellston, Missouri
April 18, 2023 - WELLSTON, Mo – Today, the Housing Authority of St. Louis County, the Wellston Community Empowerment Corporation, and Knight Development broke ground on Wellington Family Homes, LP, setting the stage for a significant renovation and development effort...
Press Release: Salina Housing Authority to Begin $23 Million Renovation of Affordable Housing
For Immediate Release January 25, 2023 Salina Housing Authority to Begin $23 Million Renovation of Affordable Housing Salina, KS – Today, the Salina Housing Authority and Knight Development announced the funding of Salina RAD Homes, setting the stage for a significant...
Proposed $35.9M redevelopment to bring public housing units to east McKinney
News is spreading about our new development in McKinney, TX. Read the article published in Community Impact and stay tuned for more details.
Press Release: Tchula Officials Celebrate New Affordable Housing Opportunities with Open House
The recently completed community is a new construction component of MS Region VI RAD, a 9-site Tax Exempt Bond Development that leveraged public and private funds. Developed through a partnership between the Mississippi Regional Housing Authority VI (MRHA6) and Knight Development, this community represents $5,413,240 of the $57,633,930 total investment, which enhanced affordable housing opportunities across central MS.
Knight Development Recognized with Two Multi-Housing News Transaction Awards
To say that every affordable housing transaction comes with its own set of challenges is an understatement, but overcoming these obstacles to create sustainable housing opportunities is worth all the blood, sweat, and tears. We are proud to announce that two of our...
Knight Development Ranked 33 among Top Multifamily Development Firms
2022 Top Multifamily Development Firms – Multifamily Real Estate News Read the December 2022 issue of MHN.
Press Release: Mississippi Regional Housing Authority VI to Cut Ribbon on $57 Million Affordable Housing Development Improving Housing Quality for 258 Central Mississippi Households
JACKSON, MS – October 25, 2022 -- Mississippi Regional Housing Authority No. VI (MRHA6) and Knight Development will celebrate the completion of its Mississippi Region VI RAD housing development at Hickman Heights, a 100-unit, new construction property benefiting...
Podcast: Knight Development Joins NALFA for a Chat about Harmony Garden Estates
Holly Knight, CEO of Knight Development, Stephan Fontenot, Executive Director for the Housing Authority of the City of Alexandria, Louisiana, and Sheri Cruise Davis, Senior Vice President of Highland Commercial Mortgage recently sat down with Allison Ward, Membership...
Lt. Governor Billy Nungesser Visits Lakeshore Family Homes (Lake Providence, LA)
On August 9, 2022, Lt. Governor Billy Nungesser also spoke at the Lake Providence Rotary meeting to discuss his commitment to rural communities. He took this opportunity to announce his intention to run for Louisiana governor in 2023. While in Lake Providence, he...
In the News: Executive Director of Louisiana Housing Corporation tours new affordable housing complex in Lake Providence
East Carrol Parish Policy Jury Section 8 Executive Director Jackie Folks and Louisiana Housing Corporation Executive Director Joshua Hollins toured Lake Shore Family Homes and spoke with residents about the impact of the new affordable housing opportunities in the...
Award: Affordable Housing Finance – Top 10 Companies Completing Substantial Rehabs in 2021
Affordable Housing Finance_Top 10 Companies Completing Substantial Rehabs in 2021
Press Release: BGC Advantage Announces Rebrand to Knight Development
Ruston, LA- BGC Advantage, an award-winning affordable housing development company, unveiled its new corporate identity today. BGC Advantage is now Knight Development. The new name and logo better reflect the mission of the company to provide thoughtfully designed,...
Press Release: HACDB Holds Groundbreaking Ceremony
Daytona Beach Housing Authority Holds Groundbreaking Ceremony at WM at the River, a $53M Revitalization Project Benefitting Seniors and Persons with Disabilities The Daytona Beach Housing Authority (HACDB) and BGC Advantage are celebrating the start of WM at the...
Award Press Release: Harmony Garden Estates Receives Multifamily Award of Excellence
BIRMINGHAM, Ala., April 27, 2022--(BUSINESS WIRE)--Highland Commercial Mortgage, a Birmingham-based, nationally-ranked MAP and LEAN approved lender, announced in conjunction with BGC Advantage, an award-winning property developer, that the Harmony Garden Estates...
News Round Up: East Carroll Police Jury Section 8 Ribbon Cutting
Looking for a place to live? New East Carroll Parish housing development in Lake Providence By Ian Robinson, Monroe News-Star, March 15 - A new affordable housing option is finally coming to East Carroll Parish. The Lakeshore Family Homes is a new low-income housing...