News Worth Sharing
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...
Press Release: East Carroll Parish Police Jury Section 8 Housing Celebrates New Lakeshore Homes Development with Ribbon Cutting
Lake Providence, LA – East Carroll Parish Police Jury Section 8 Housing and their development partners BGC Advantage, LLC will celebrate the completion of the Lakeshore Family Homes, LP with a Ribbon Cutting Ceremony. The parish’s first new construction development...
News Round Up: Memphis Housing Authority Groundbreaking
$70 million in affordable housing renovations planned for Uptown and College Park By Omer Yusuf, Memphis Commercial Appeal, March 14, 2022 - The Memphis Housing Authority and developer BGC Advantage are planning $70 million in multiple affordable housing development...
Press Release: Memphis Housing Authority Announces Groundbreaking Event for $70M Rehabilitation of Multiple Uptown and College Park Properties
Memphis, TN – The Memphis Housing Authority welcomed partner BGC Advantage, LLC, local leaders, and project stakeholders to a ceremonial groundbreaking of the MH Strategies Family RAD & RAD II affordable housing developments on Monday, March 14th, 2022. The $70M...
News Article: WLBT – MS Regional Housing Authority Talks About Plans for Landmark Center in Jackson
Dr. Hickman Johnson, Executive Director of MS Regional Housing Authority No. VI, recently spoke to Jackson news station WLBT regarding prospective plans for the Landmark Center in Downtown Jackson, Mississippi. Now under the MRHA6 portfolio, Mr. Johnson expresses his...
Press Release: North Little Rock Housing Authority Has Begun $34 Million Affordable Housing Revitalization Effort
North Little Rock, AR – City and state officials, community leaders, and project stakeholders attended the demolition of Silver City Courts to make way for Holt District Homes, a new affordable housing community on Tuesday, January 25th. Located at 802 West 19th...
Article: Novogradac Journal of Tax Credits (January 2022 – Volume XIII, Issue 1)
“I think as a capital city, there’s a lot of opportunity [in Jackson]… There is a very vibrant minority community and there’s a lot of passion, a desire to make things work.” Holly Knight, CEO, BGC Advantage
Blog Post: CREA, LLC In Conversation with BGC Advantage’s Holly Knight
https://creallc.com/in-conversation-with-bgc-advantages-holly-knight/ Creating affordable housing solutions goes far beyond the four walls of a development. Truly meeting the challenges of housing inequity head-on requires considering a community as a whole with its...
New Article: Multi-housing News – BGC Advantage JV to Begin $59M Renovation
The Housing Authority of the City of Daytona Beach (HACDB) and BGC Advantage have teamed up as WM at the River LP. The partners are planning to invest $59.3 million to preserve and rehabilitate two affordable housing towers in Daytona Beach, Fla.
Press Release: Daytona Beach Housing Authority is Set to Begin $59 million Revitalization Project to Preserve Affordable Housing for the Senior and Disabled Residents of Daytona Beach
The Housing Authority of the City of Daytona Beach (HACDB) and BGC Advantage recently closed on the WM at the River, LP. The partners plan to rehabilitate the Windsor and Maley high-rise apartments located adjacent to each other on Beach Street in Daytona Beach, FL. The towers have a combined 298 efficiency, 1-bedroom, and 2-bedroom units, which have and will continue to house primarily elderly and disabled low-income residents. The total community investment will be $59,250,422 million.
Press Release: Memphis Housing Authority Announces $70 Million Investment To Preserve 472 Units of Affordable Housing
The Memphis Housing Authority finalized funding for MH Strategies Family RAD, LP and MH Strategies Family RAD II, LP for a combined community investment of $70,336,467. Both projects will be Rental Assistance Demonstration program redevelopment efforts with BGC Advantage, MHA’s private sector housing partner. The transactions were made possible with the help of partners at Raymond James Tax Credit Funds, Inc., Citi Community Capital, The Health, Educational and Housing Facility Board in Memphis, and the Tennessee Housing Development Agency.