News Worth Sharing
Award: BGC Named Among 2021 MHN Top Multifamily Development Firms
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Award: BGC Honored with MHN Transaction Award – Lakeshore Family Homes
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Closing: North Little Rock Housing Authority closed on Holt District Homes, a proposed 128-unit multi-family rental community
North Little Rock Housing Authority closed on Holt District Homes, a proposed 128-unit multi-family rental community located at 802 West 19th Street, North Little Rock, Arkansas. This $37 million project is a partnership between the North Little Rock Housing Authority...
News Article – KY3 – Housing Authority of Springfield Renovation Project Takes Shape
SPRINGFIELD, Mo. (KY3) - A multi-million dollar project to overhaul affordable housing in Springfield is starting to take shape. Keystone Family Homes bought several complexes to renovate them. They’re currently managed by the Housing Authority of Springfield. Tuesday...
Press Release: Officials Gather to Celebrate the Opening of a $42 Million Affordable Housing Development in Springfield, Missouri
State and local officials, stakeholders, and project partners gathered today to celebrate the opening of Keystone Village, the first completed site of Keystone Family Homes, LP. Comprised of 297 units, this multi-site development represents a $42,841,583 million community investment, which resulted from a partnership between the Housing Authority of the City of Springfield (HAS) and BGCAdvantage. Together, the partners are set to convert the entirety of the existing HAS portfolio through the Rental Assistance Demonstration (RAD) program. In addition to stimulating local spending and taxes, the estimated economic impact of the development includes 487 construction phase jobs and 19 permanent positions.
Press Release: BGC Advantage Expands Executive Leadership Team, Promotes Ashley Wilson to Chief Financial Officer
Ashley Wilson has been promoted to Chief Financial Officer (CFO), where she will maintain steady and strategic oversight of a combined $460 Million+ in Budget/Total Development Cost for BGC Advantage’s stabilized and pipeline projects under construction. In this new role, Wilson will be a dynamic member of the Executive Management Team, providing financial analysis, strategic planning, and risk management evaluations for each housing development in the company’s expanding portfolio – from pre-development through lease-up and conversion to asset management.
Post: Booths are Back! Join Us at Texas Housing Association Annual Conference
Mask up and let's chat about #RAD and #AssetRepositioning at Booth #35. JoAnn Rodriguez and Katie Herrington Anderson will be representing BGC Advantage at the Texas Housing Association Annual Conference August 17-19 in Austin, TX. It's not too late to register...
Post: BGC Advantage Celebrated Back to School with Alexandria Housing Authority
The The Housing Authority of the City of Alexandria Back to School Bash was a huge success. Thanks to Congregational Security Inc. and the Alexandria Senior High School for your support. Our residents are ready to rock this school year. #communitydevelopment...
Award: Royal Cambridge Homes Selected as Finalist for AHF’s 2021 Readers’ Choice Awards
Thirty-six inspiring developments have been named finalists in this year’s affordable housing finance magazine’s Readers’ Choice Awards. Each is unique and show the range of housing being built for families, seniors, people who used to be homeless, and those with...
Press Release – Local Officials Gather to Celebrate the Opening of a $50 million Affordable Housing Development in Alexandria, Louisiana
ALEXANDRIA, Louisiana, July 6,2021- Local Officials Gather to Celebrate the Opening of a $50 million Affordable Housing Development in Alexandria, Louisiana City officials, community stakeholders, and project partners gathered on July 6th to celebrate the opening of...
BGC Advantage Participated in Black Wall Street 314 with Potential Residents in Wellston, MO
BGC had a great week getting to know the Wellston, MO community. We even hosted a Kona truck at the Black Wall Street 314 event, where we traded shaved ice for smiles from future residents of our Wellington Family Homes development. #ResidentServices #AffordableHousing
Post: Join BGC at 2021 SW NAHRO
It's not too late to join Joann and Katie at the 2021 SW NAHRO! You won't want to miss these virtual breakout sessions. #swnarho #AffordableHousing Time is running out! Register now for the 2021 Southwest Virtual Conference! Click Here:...
Post: BGC Advantage Proud Sponsor of 2021 SERC – NAHRO Annual Conference
Staying ahead in affordable housing is a race for sure. Katie Anderson kept the pace on the RAD Tools for PHAs track and the Commissioners training track. We were proud to sponsor and attend. #affordablehousing #radtools #phatraining
News Article: The Daytona Beach News-Journal: Daytona’s Windsor, Maley apartments overlooking the Halifax River to get $58 million overhaul
DAYTONA BEACH — Glentina Saunders lives in the kind of place many people can only dream about. Her Beach Street apartment overlooks the boats and yachts docked in Halifax Harbor Marina, and from her ninth-floor balcony she can watch the vessels float down the river by...
East Carroll Parish Police Jury Section 8 Housing to Develop New Workforce Housing Community in Lake Providence
Lake Providence, LA - East Carroll Parish Police Jury Section 8 Housing and BGC Advantage, LLC closed with plans to develop a new affordable low-income housing tax credit community, Lakeshore Family Homes, LP. Construction will begin on the 45-unit infill project...
New multi-million dollar housing development coming to Lake Providence
LAKE PROVIDENCE, LA (KTVE/KARD) — The town of Lake Providence will be breaking ground on a major this upcoming Thursday; a project that brings something the town desperately needs; housing. “We have been fighting for housing for a long time, trying to get it here”...
News Star: $10M development to bring housing options to Lake Providence
East Carroll Parish Police Jury Section 8 Housing and BGC Advantage, LLC closed with plans to develop a new affordable low- income housing tax credit community, Lakeshore Family Homes, LP. Construction will begin on the 45-unit infill project located in East Carrol...
$10M development to bring housing options to Lake Providence
East Carroll Parish Police Jury Section 8 Housing and BGC Advantage, LLC closed with plans to develop a new affordable low- income housing tax credit community, Lakeshore Family Homes, LP. Construction will begin on the 45-unit infill project located in East Carrol...
WJTV: Tchula to receive affordable housing options in 2021
TCHULA, Miss. (WJTV) — “People who have a minimum wage actually cannot afford a two-bedroom house,” explained Holly Knight, CEO of Knight Development. That’s across the country, and Holmes County, Mississippi is not exempt. The Jessie D. Banks neighborhood of Tchula,...
The St. Louis American: ‘Wellston needs investment, not demolition’ – Public housing saved by $30M redevelopment agreement
The Wellston Tenant Association just wanted justice for their community. “We remember what Wellston was like in days gone by,” Flora Mix, the association’s president said on September 4. “It was a beautiful, thriving community with good housing and lots of businesses....
St. Louis Post-Dispatch: ‘A win-win for everybody’: Clay, local officials celebrate $30 million rehab plan to save public housing complex
WELLSTON — U.S. Rep. William Lacy Clay, St. Louis County Executive Sam Page and Wellston Mayor Nate Griffin joined residents here Friday to celebrate a recently announced $30 million deal to renovate a long-troubled public housing complex that at one time faced...
St. Louis Post-Dispatch: Wellston chooses Louisiana firm to rehab public housing units
WELLSTON — A Louisiana developer is partnering with the city to rehab nearly 200 public housing units that 18 months ago seemed destined for the wrecking ball. Wellston Mayor Nathaniel Griffin announced the selection of BGC Advantage, of Ruston, Louisiana, in an email...
Globe St.: Women of Influence 2020
Globe St. has acknowledged BGC Advantage's very own Holly Knight as a Women of Influence in Development for her dedication to affordable housing development and her tireless commitment to her residents. Welcome to our 2020 edition of Women of Influence. As we have...
Twin Lakes of Leesville in Leesville, LA has earned a NARHO Award of Merit.
The Twin Lakes of Leesville is the first public housing portfolio conversion in Louisiana leveraging HUD’s Rental Assistance Demonstration Program (RAD). The scattered-site development, with 194 units located in Leesville, LA, was originally built in 1968 and 1986....