NASHVILLE, TN – Amazon announced that it will invest a total of $10.6 million to help build and renovate more than 130 affordable homes in partnership with the Metropolitan Development and Housing Agency (MDHA), and support the social work of the local nonprofit CrossBridge. This commitment is part of the Amazon Housing Equity Fund, a more than $2 billion commitment to make and preserve 20,000 affordable homes for individuals and families earning moderate-to-low incomes in Nashville, Washington state s Puget Sound region, and the Arlington, Virginia, region.
We ve already hired more than 2,500 people at our Nashville office, and we re continuing to invest and make jobs across the city. We also know that the city s growth, the impacts of the pandemic, and various other factors affect the availability of affordable housing, and we want to do our part to help. As one vital piece of that, we re proud to be partnering with MDHA and CrossBridge to bring new housing to residents, said Michelle Gaskin Brown, Amazon s Nashville manager of public policy. These new developments will provide affordable housing, social services support, and convenient access to public transportation to hundreds of families and individuals in the city. We look forward to continuing our investment in Nashville and helping to make and preserve affordable homes so everyone has the opportunity to live, work, and thrive here.
Amazon s commitment to MDHA consists of a $7.1 million low-rate loan to support the construction of Cherry Oak Apartments, a mixed-income residential development featuring 96 apartments, including 53 affordable homes in the Cayce Place neighborhood in East Nashville. Cherry Oak Apartments will provide housing in proximity to high-quality transit, employment centers, and parks. Families living in the affordable units at Cherry Oak Apartments will have guaranteed affordability at or below 80% of area medium income (AMI) for 99 years.
Cherry Oak Apartments is one of many new residential developments at Cayce Place as we go forward with transforming our largest subsidized housing property into a mixed-income community, said MDHA Executive Director Dr. Troy D. White. We are grateful to receive Amazon s first major investment for affordable housing in Nashville, and we hope this is just the start of a successful partnership.
Additionally, Amazon is providing a $3.5 million grant to CrossBridge, a Nashville nonprofit that provides housing and supportive services to adults overcoming addiction. The grant will support CrossBridge s housing projects on Lindsley Avenue in the Rolling Hill Mill neighborhood. CrossBridge owns an entire city block, where the organization is completing a new 50-unit building and renovating an existing 24-unit building into a 34-unit building. The grant will allow CrossBridge to complete its projects, operate at affordable rents, and expand services. CrossBridge will also provide tenants with mental health counseling, addiction support, workforce reentry support, and other services.
Supportive housing, which helps people with substance use disorders, is the most resource-intensive type of housing. The rents are extremely low and service requirements are high, making it necessary to provide long-term subsidies. The 84 CrossBridge units this funding supports will add to the most hard to finance stock of permanent supportive housing in Nashville.
CrossBridge provides effective solutions to end destructive cycles, said Tina Mitchell, president-executive director of CrossBridge. Through our Restoration House Program, we serve men and women struggling with substance use disorders. By offering high-quality, safe, and affordable housing within the context of a supportive community, we provide a reliable path to break the cycles of addiction, incarceration, and homelessness. Bill Hart, CrossBridge vice president and general counsel, said, This grant from the Amazon Housing Equity Fund will allow us to do so much more for those who have so small, resulting in transformed lives and a safer community.
Over the past two years, Amazon has committed more than $94 million to affordable housing efforts in Nashville. In 2020, Amazon donated $2.25 million to local affordable housing nonprofit The Housing Fund—and followed up with another $1.5 million in 2021—to support housing residents in Nashville at risk of losing their homes. After launching the Housing Equity Fund in January 2021, Amazon announced a $75 million commitment to make 800 affordable homes near WeGo transit corridors. Most recently, Amazon launched an accelerator program in collaboration with the Urban League of Middle Tennessee, which offers professional development, mentorship, and early grant funding to emerging developers of color to help increase inclusive housing developments and community building.

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BALTIMORE, MD – San Francisco-based real estate firm Hamilton Zanze (HZ) has bought the 304-unit Jefferson Square at Washington Hill apartment community in Baltimore, Maryland, changing the community’s name to The Tala at Washington Hill. Cushman & Wakefield and Falconvest Partners facilitated the transaction.
The buy marks the firm’s 12th acquisition in the state of Maryland. With this latest acquisition, the firm now owns and operates five properties in the Baltimore market, including Arbor Ridge, Point at Winterset, Preserve at Cradlerock, Timbers at Long Reach, and now Jefferson Square at Washington Hill.
“We are excited to expand our presence in Maryland with the buy of The Tala at Washington Hill,” said David Nelson, Hamilton Zanze’s chief investment officer. “The 2014 asset features favorable amenities, convenient location near employers like The Johns Hopkins Hospital, and close proximity to an abundance of retail and entertainment in Downtown Baltimore.”
The community is located at 101 North Wolfe Street in the desirable Downtown Baltimore submarket of the Baltimore metropolitan area. It is just under two miles from the heart of Downtown Baltimore and a seven-minute walk from Johns Hopkins Hospital, which employees over 30,000 people. The property includes 304 units in one five-tale residential building. The units average from 850 square feet with 35 different floor plans. Community amenities include a gaming room, fitness center, resort-style swimming pool and sundeck, and a two-tale lobby with a grand staircase.
HZ’s capital improvements plot includes amenity, building and site improvements, an interior unit renovation campaign, and environmental upgrades. Additionally, management of the property has also been transitioned to HZ affiliate Mission Rock Residential, a Denver-based company.

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FORT WORTH, TX – National multifamily real estate development leader Wood Partners announced the official grand opening of its newest luxury residential community, Alta Landing, located in one of Dallas-Fort Worth’s top submarkets.
Located at 3100 N. Joplin Road along the 287 Corridor, Alta Landing is situated just 10 miles south of downtown Fort Worth, providing residents with quick access to top employers across Fort Worth and the mid-cities, as well as key local attractions like AT&T Stadium, Globe Life Field, and Six Flags Over Texas. Closer to home, residents can also delight in the comfort and familiarity of small town living with local retailers, grocery stores, restaurants, and entertainment options just a small walk from the community.
“We are excited to welcome residents to Wood Partners’ newest community, Alta Landing, ideally situated between Fort Worth and Arlington in one of the area’s fastest growing neighborhoods,” said Ryan Miller, Managing Director at Wood Partners. “We are particularly enthused about Alta Landing given it represents the first implementation of Wood Partners’ new high-efficiency development model in North Texas,” continued Miller. “Our new model is uniquely designed to leverage the most efficient design and construction techniques in the industry today without sacrificing the quality, appearance, and finishes that our residents have come to expect from Alta properties. As a result, we can offer our residents exceptional quality and value in a market where rent growth and cost of living remain top concerns.”
Alta Landing boasts 270 apartment homes consisting of one-, two- and three-bedroom floor plans finished in warm, inviting tones with a heightened level of modern sophistication. Each apartment home comes fully outfitted with high-end interior finishes including granite countertops, stainless steel appliances, tile backsplashes and upgraded fixtures. In addition, residents will have the convenience of in-home washers and dryers and wood-style plank flooring to welcome them home after a long day.
Residents of Alta Landing will also have access to the community’s top-notch amenities, including a resort-style pool with tanning deck, a courtyard with outdoor seating, a fire pit and grilling areas, an on-site dog park and other convenient pet facilities. Inside, the community clubhouse features a state-of-the-art 24/7 fitness facility complete with Precor equipment, a social clubroom with a kitchen and arcade, a Wi-Fi lounge with reservable private offices and conference room, as well as ample seating to delight in a beverage from the on-site coffee bar.

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