http://www.cambridgemgmt.net/Apartments/module/blog/action/view_content
9
Jan 17

Garden Trail Apartments Provides 76 Homes in Clearwater, Florida

We are so grateful for the opportunity to work alongside our partner Southport Financial Services to provide new quality affordable housing in Clearwater, Florida. Both the Pinellas County Connection TV and the Tampa Bay Reporter shared Garden Trail’s story:

Visit Garden Trail’s website.

13
Jun 16

Cambridge Ranked 38 on 2016 NAHMA Affordable 100

Cambridge Management, Inc. ranked at number 38 on the 2016 National Affordable Housing Management Association’s (NAHMA) Affordable 100 list with 9,643 affordable housing units. On its website, NAHMA says:

The NAHMA Affordable 100 comprises the largest affordable multifamily property management companies, ranked by affordable unit counts. The NAHMA Affordable 100 list contributes vital data to the ongoing national dialogue on the future of federal funding for affordable housing.

We’re proud to be a growing part of the affordable housing industry!

Click here to see the complete NAHMA Affordable 100 list.

2016Affordable100

28
Mar 16

Chehalis Community Egg Hunt

Cambridge communities in Chehalis, WA host this annual Easter egg hunt. For eight years, Kathy, the community manager at Southcreek Apartments has orchestrated this event to bring the neighborhood together.

Beginning in January, community members helped fill 18,000 eggs. Local businesses donated snacks and prizes. About 600 people, including families from the Cambridge apartment communities, the Lewis County homeless shelter, and the neighborhood attended this year’s event. Attendees enjoyed cake, goodies, and of course – an egg hunt. We’re proud of our Chehalis team members for their creative community outreach efforts!

SouthcreekEggHunt

Check out our Chehalis, WA communities:
Southcreek I & II Apartments
Chehalis Valley Apartments
Russell Road I & II
Corridor Apartments

10
Mar 16

Cambridge in the News: “Exceptional Quality and Compliance.”

Affordable Housing News (AHN) interviewed our director, Jennifer Wood, for a feature in their Spring 2016 issue.

AffordableHousingNewsArticleAHN specializes in keeping affordable housing professionals up-to-date on developments and achievements in the industry. In the article “Exceptional Quality and Compliance,” AHN outlines how Cambridge rises to the challenges of a growing industry:

As the demand for affordable housing grows, adapting to diverse population segments becomes increasingly necessary. With its flexibility and deep knowledge, Cambridge is able to provide an assortment of housing to serve different requirements.

Read more here.

14
Jan 16

Tacoma Community Celebrates Mason Avenue Apartments

Mason Avenue Apartments in Tacoma, WA celebrated its grand opening January 13th. The mayor of Tacoma, Marilyn Strickland, and City Council Member Keith Blocker spoke to residents and guests about the much-needed affordable housing Mason Avenue brings to the Tacoma community.

Pictured above, from left to right: Carolina, Mason Avenue  resident; Pam, community manager; Jace, maintenance technician; Paul Page,  Vaughn Bay Construction; Carey Jenkins, City of Tacoma; Julie Ryan, CMI  regional manager; Kanani, assistant manager; Bruce Kilen, Trillium Housing  Services; Steve Page, MacDonald Ladd Development; Dave Westfall, Trillium  Housing Services; Cathy Morton, City of Tacoma; Tess Colby, City of Tacoma.


Several resident ambassadors opened their homes for guided tours. Afterward, residents and guests enjoyed refreshments and cake.

We are so excited to officially welcome Mason Avenue Apartments to the Cambridge family of communities!

 

 

 

 

27
Dec 15

Mason Avenue in the News

Check out The News Tribune columnist Matt Driscoll’s article and video about how Mason Avenue Apartments fills a need in the Tacoma community. Driscoll interviewed our director, Jennifer Wood, as well as some of our residents.

21
Dec 15

Home for the Holidays at Mason Avenue Apartments

Playground

Check out Matt Driscoll’s column about Mason Avenue Apartments in The News Tribune!

Tacoma, WA – More than 100 low-income Tacoma families are moving into the new Mason Avenue Apartments in time for the holidays.

The Washington State Housing Finance Commission (WSHFC) Low Income Housing Tax Credit (LIHTC) program allows Mason Avenue Apartments to lease homes below fair-market rates to residents who make 50 percent of the area median income (AMI) or less. The community celebrates its grand opening Jan. 13, 2016.

When the Mason Avenue Apartments office opened, the line stretched out the door into the parking lot.

“We had to pass out numbers.” said Melissa Alamillo, Assistant Director at Cambridge Management, Inc. “A crowd would pour in and we wouldn’t know who was there first.”

According to the 2015 Washington State Housing Needs Assessment, there is one affordable apartment for every 10 Pierce County households that make less than 30 percent of the AMI. Families with three or more members face added challenges, since most units are for smaller households.

To help address the Tacoma housing need, The Tacoma Community Redevelopment Authority (TCRA) granted Tacoma-based development partners, Trillium Housing Services and MacDonald Ladd Developments, a $300,000 loan for the Mason Avenue Apartments. Boston Financial Investment LIHTC equity and Bank of the West Construction and Term Loans provided additional funding.

This funding allows Mason Avenue to provide one, two and three-bedroom homes to low-income families in Tacoma. Half of the homes in the 105-unit community are designed to be affordable for households earning 50 percent of the AMI or less. The remaining are reserved for households making 30 percent of the AMI or less. Mason Avenue residents pay $815 per month for three-bedroom apartments, while fair-market rent is $1,354.

Elizabeth Sierra, Christian Contreras and their one-year-old daughter Zara lived in a friend’s car for a month-and-a-half before moving to Mason Avenue.

“Living in the car made me feel like the worst person ever–like the worst mom ever.” Sierra said. “I couldn’t even keep my child in one place.”

Contreras, 18, worked at Burger King while Sierra, 21, went to Willie Stewart Academy in Tacoma to finish high school.

“It was really hard to go to school,” Sierra said. “I was so tired.”

In mid-September, Sierra and Contreras visited Catholic Community Services’ Family Housing Network and heard about the Mason Avenue Apartments. They went straight to the Mason Avenue office and began paperwork. Sierra and Contreras moved in on Oct. 20.

SierraContreras2

“It was exciting,” Sierra said. “I was so happy, I was jumping.”

Sierra decorated her new home right away.

“My daughter loves bears,” she said. “So I put up a momma bear, papa bear and baby bear.” Sierra said her favorite part of her apartment is having her own kitchen.

Sierra, Contreras and approximately 300 others are settling into the Mason Avenue Apartments in time for the holidays.

“I am the all-time decorator. I’m planning to put Christmas lights all over the house,” Sierra said. “Just make it festive.”

Sierra has one class left to finish her program at the Willie Stewart Academy.

Mason Avenue residents and guests will celebrate its grand opening with a ribbon cutting and community tours on Jan. 13 at 3 p.m.

Connect with Mason Avenue Apartments:

facebook yelp-iOS btn_google+_dark_normal_ios@3x

* Type the characters in the picture below.