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The Ace Apartments Closing, Madison, WI

July 28, 2020

This past Friday, July 24th, our talented Development Team successfully closed on The Ace Apartments in Madison, WI! The $20.25M project will…
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The Commons at St. Anthony’s (TX) Awarded Tax Credits!

July 28, 2020

The Commons at St. Anthony’s is located in Amarillo, TX. It is an adaptive re-use of a historic hospital that was reconstructed into resi…
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Financing for 150-Unit Affordable Housing Development in New Orleans Opportunity Zone Provided by Walker & Dunlop

July 24, 2020

Walker & Dunlop Inc. announced today that it structured $23,020,000 in permanent financing for The Reveal, a 150-unit affordab…
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Horicon School Apartments Closing – July 2nd

July 6, 2020

We’re kicking off July with another closing in Wisconsin! Horicon School Apartments is $11.5M development that will provide 40-units of 1,…
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Wednesday vote final step in project to rehabilitate former YMCA building

June 8, 2020

An appropriation of $500,000 from Terre Haute’s downtown tax increment finance district is the final step needed to convert the former…
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NEW 48-UNIT AFFORDABLE HOUSING UNIT APPROVED BY THE CITY OF SALIDA

May 27, 2020

Confluent Park Apartments, a new 48-unit affordable housing unit, has been approved by the City of Salida, proposed to be located in the east en…
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Closing of The Reveal in New Orleans, LA

May 22, 2020

What a great start to the summer as Commonwealth closed on another project, The Reveal in Louisiana, on May 22nd ! Th…
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Lynne Village (AZ) Closing!

May 15, 2020

We have more great news to share: Commonwealth has officially entered the State of Arizona! Congratulations to the Devel…
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LIHTC Award for Confluent Park (Salida, CO)

May 13, 2020

We have another project that has recently been awarded tax credits! “Confluent Park” received a LIHTC award from the Colorado Housing Fin…
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Commonwealth Named 2019 Top 50 Affordable Housing Developer in the U.S.!

May 2, 2020

On May 1st, Affordable Housing Finance (AHF) announced its annual list of the Top 50 Affordable Housing Developers in the nation…
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LIHTC Award for Spartan Lofts

April 28, 2020

Commonwealth is excited to announce that another Wisconsin project has recently been awarded tax credits! “Spartan Lofts” received a LI…
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Dunbar Commons Named A Finalist for ULI-Oklahoma’s Impact Award

February 14, 2020

What an honor to have our Dunbar Commons senior apartment community selected as a finalist for Urban Land Institute (ULI) Oklahoma‘s…
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Solid Rock & Commonwealth Unveil Housing Plan

February 3, 2020

On January 24th, Solid Rock Christian Center, Community Development Corp. and Commonwealth Development presented the idea of bringing affo…
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Commonwealth Celebrates its 100th Housing Project

January 30, 2020

Commonwealth is proud to start 2020 off with a bang! We have officially hit our 100th housing project with our newest workforce housing communi…
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Little Crow Lofts, Preserving Heritage in Warsaw

January 28, 2020

Sometimes, an old building like the Little Crow Factory in Warsaw, Indiana, doesn’t need to be an architectural wonder to warrant saving it f…
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Four Projects Awarded Financing Through FHLB-Chicago’s AHP Program

November 22, 2019

Commonwealth is grateful and proud to have four Wisconsin projects receive financing through FHLB-Chicago’s AHP program, totaling c…
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Historic Apartments on 4th Wins ND Main Street Award

October 31, 2019

What an honor to have our Historic Apartments on 4th apartment community win the North Dakota Main Street Award in the category of ND Legendary H…
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Commonwealth to Bring Affordable Housing to Arizona

September 25, 2019

Commonwealth is thrilled to bring 96 units of affordable housing to South Phoenix. The property will consist of 63 2-bedroom units and 48 3-bed…
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“The Ace” Apartments Credit Award

June 5, 2019

The Ace Apartments will include 70 multi-family units with a mix of 1, 2, 3 and 4-bedroom homes throughout 2 buildings. There will be 65-units…
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Commonwealth and Principal Louie Lange III Awarded by WEDC.

May 6, 2019

FOND DU LAC – Area residents were recognized for achievements in community revitalization and redevelopment efforts recently…
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Credit Award: River Flats

April 5, 2019

River Flats will consist of 92-units comprised of 2 and 3-bedroom units. This development will include underground garage parking, a c…
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What is Affordable Housing?

December 21, 2018

WHAT IS THE HOUSE TAX CREDIT PROGRAM? In 1986, the federal government implemented the Low-Income Housing Tax Credit Program (LIHTC), to shift…
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Former Mandan Junior High School Provides Textbook Case in Affordable Housing

December 19, 2018

The former Mandan Junior High School has been transformed into 39 units of affordable housing. To celebrate the completion of the project, an o…
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Commonwealth Receives Its First LIHTC Award in Michigan for Edge Flats on Seward

December 18, 2018

The state of Michigan has approved $5.9 million in low-income housing tax credits for six projects scattered throughout the city. “The…
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Commonwealth Companies merges with Middleton-based developer

November 12, 2018

The Commonwealth Companies set its eyes on growth as it merged with Mirus Partners, Inc. Thursday. The merger creates a combined ownership of M…
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Preserving for Affordability

November 1, 2018

The Commonwealth Companies is a vertically integrated real estate developer and property manager creating affordable housing throughout t…
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Senior Affordable Housing Proposed for West Downtown Site, OKC

October 2, 2018

Two mixed-use developments, one with workforce and market housing, and another that would replace existing low-income housing for seniors,…
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Award for Mission Village of Evans in Evans, CO

September 25, 2018

Mission Village of Evans will consist of 68 units of new construction housing in Evans, CO.  The layout will include a mix townhouse and cottag…

New senior project awarded in Florence, SC

September 13, 2018

The Commonwealth Companies is pleased to announce the funding award for a new project in South Carolina.  Marissa Downs, Senior VP of Dev…
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Housing Authority OKs bonds for affordable housing

August 27, 2018

The Housing Authority of Savannah’s Board of Commissioners on Monday approved the adoption of a supplemental bond resolution for $13.5 mil…
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Commonwealth announces project plans for Dunbar Commons

August 25, 2018

Commonwealth Development Corporation closed the financing to develop the Dunbar Commons apartments on August 24, 2018.  Located in northe…
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Groundbreaking of Cottages on Main

April 28, 2018

The Cottages on Main 40-unit apartment community closed and broke ground in April 2018, with completion scheduled for the spring of 2019.  Th…
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Top 50 Developers include Commonwealth

April 24, 2018

Commonwealth Development Corporation of America is among the top 50 affordable housing developers in the country. This year, Commonwealth r…
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Award for Friar House Flats in Green Bay comes to fruition

March 12, 2018

Friar House Flats will consist of 40 units.  20 units will be in the historic Friary building and 20 units will be new-construction 2-story tow…
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Commonwealth receives award for Barton School Apartments in West Bend

March 12, 2018

Barton School Apartments will consist of 40 units.  22 units will be in the historic Barton School and 18 units will be new-construction 2-sto…

Commonwealth and RACER partner for project

February 1, 2018

RACER Trust today announced it has completed the sale of approximately 5.7 acres in Muncie to Commonwealth Development Corporation of Am…

Elementary school conversion awarded in Oklahoma City, OK

December 17, 2017

Dunbar Commons: will convert the Dunbar Elementary School, located in Oklahoma City, Oklahoma, into 52 apartment homes for seniors.  The sc…
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The Edge Artist Flats receives Award in North Dakota

December 11, 2017

The Edge Artist Flats will create 42 new units of workforce housing in Fargo.  The development is for families, and 9 units are reserved for sup…
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15th Street Flats Receives Award in Minnesota

December 10, 2017

15th Street Flats will create 47 new units of workforce housing in Willmar.  The development is for families with children and secondly will o…

Cherokee Place Project Receives Award in Minnesota

December 7, 2017

Cherokee Place in North Branch will create 48 units of workforce, new-construction townhomes.  The target market is primarily families, an…
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The Edge Artist Flats project awarded in Fargo, ND

November 3, 2017

The Edge Artist Flats will create 42 new units of workforce housing in Fargo.  The development is for families, and 9 units are reserved for sup…
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Hortonville, WI awarded new development of Cottages on Main

November 3, 2017

The Cottages on Main project was put together by Developer Kevin McDonell and the Madison office team.  Cottages on Main will provide an oppor…
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Mission Village of Greeley Award

November 2, 2017

On September 19, 2017, the Greeley City Council presented Commonwealth with the award for Best Residential Project as part of its annual Excel…

Award for new construction townhomes in North Branch, MN

October 20, 2017

Cherokee Place in North Branch will create 48 units of workforce, new-construction townhomes.  The target market is primarily families, an…

Exciting new project in awarded in Willmar, MN

October 20, 2017

15th Street Flats will create 47 new units of workforce housing in Willmar.  The development is for families with children and secondly will o…
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Commonwealth Family Day will take place September 23rd!

August 31, 2017

Commonwealth Employee’s and Family member are invited to Family day at the Garten Factory from 1-4pm.  Food, entertainment, and fun w…

New family development project awarded in Cheyenne, WY

June 3, 2017

Mission Village of Cheyenne (MVC) is a project put together by Developer Daryn Murphy out of the Portland Oregon Office. MVC is a new constructi…
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2017 Scholarship Winners

May 19, 2017

Each year, The Commonwealth Companies gives our residents a chance to earn funding for their education. And this year, we’re excited to…
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Mission Village Family of Apartments is Growing

April 18, 2017

Mission Village of Monahans is 49 cottage style apartments with attached garages for families and seniors in Monahans, Texas.  This will be t…
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Affordable Housing Senior Living Development in Indiana

April 11, 2017

The Historic Blue Bell Lofts project received an award of Rental Housing Tax Credits to adaptively reuse the old blue jean factory into 52 apart…

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