CONCORD, NEW HAMPSHIRE – Dakota Partners has secured all financing and approvals to close on Phase 1 of The Rail Yard, a new affordable housing apartment community that will feature housing for local residents earning between 30% and 60% of the Area Median Income (AMI). Financing for this project has been secured through a combination of soft debt financing and a permanent debt construction loan from New Hampshire Housing and federal tax credit equity from Stratford Capital. Construction is scheduled to begin this summer.Learn more
WAREHAM, MA – Woodland Cove, a new community located minutes from the Cape Cod bridges, moved one step closer to welcoming new residents with the closing of its final phase of financing. The 150-unit property on Route 6 in Wareham will feature affordable and workforce housing for local residents earning between 30% and 80% of the Area Median Income (AMI). Potential residents will be eligible to participate in a lottery drawing.Learn more
HANSON, MASSACHUSETTS – On Tuesday, June 21st at 3pm, Dakota Partners celebrated the official grand opening of Depot Village at 171 Phillips St in Hanson, Massachusetts. As the first family-affordable housing development in this area, Depot Village provides much-needed, quality housing for an underserved and growing population whose household income is typically between 60% and 120% of the median area income. The distinguished lineup of speakers included State Rep Josh Cutler; State Senator Michael Brady; Mass Housing Director of Rental Business Development, Cynthia Lacasse; Hanson Town Administrator, Lisa Green; MHP Director of Business Development, Nancy McCafferty; Regional Manager New England/Senior Energy Services Consultant at Innova Building Advisors, LLC, Nicole Burger; and Dakota Partners Principal, Roberto Arista.Learn more
NEWINGTON, CONNECTICUT – Since 2014, Dakota Partners has been collaborating with the State of Connecticut to create safe, vibrant, and affordable housing for residents all over the state from Hartford to New Milford, Suffield & Griswold. Eight new affordable housing communities are now home to more than 500 residents, allowing families the security and safety of beautiful new homes at a price they can afford. Affirming its commitment to delivering affordable housing to Connecticut, Dakota Partners recently closed on Cedar Pointe, Phase 1 in Newington, its ninth project in the state. Upon completion of all phases, the new apartment community will contain a mix of income restricted and market rate units.Learn more
NEWPORT NEWS, VIRGINIA – On Tuesday, April 5, Dakota Partners celebrated the official grand opening of Huntington Village in Newport News, its first multi-family community in Virginia. The event featured a panel of distinguished speakers including, Newport News Mayor McKinley Price; Virginia Housing CEO, Susan Dewey; Virginia DHCD Sr. Deputy Director of Community Development and Housing, Sandra Powell; Newport News Redevelopment and Housing Authority Executive Director, Karen Wilds; and two community residents, Jamel Decosta and Frances Lewis.Learn more
Dakota Partners has received $6.5 million in financing from MassHousing to support the continued development of the Woodland Cove housing community in Wareham.Learn more
WALTHAM, MA – Dakota Partners today announced the appointments of Alan Regan as Chief Financial Officer and Gary Williams as Director of Construction.Learn more
When your company’s mission is “Creating Housing That Matters,” it is important to understand what motivates the people that live in the housing you create. At Dakota Partners, the housing is affordable, and the residents are first responders, teachers, service industry employees and other hard-working community members whose wages often can’t sustain a market-rate home.
What our residents want is the same as anyone else – a comfortable, warm, inviting home in a vibrant community. They are also increasingly interested in a sustainable, energy-efficient home. This is a primary reason that, in 2016, Dakota Partners began focusing our work on Passive House design and construction.Learn more
Dakota’s community, Friars Court in Hudson, NH was recently featured as a case study in NH&RA’s monthly magazine, Tax Credit Advisors. Read below to see the full story!Learn more
HANSON, MASSACHUSETTS – Dakota Partners recently completed construction on Depot Village in Hanson, Massachusetts, delivering the first family-affordable housing development to this area. Depot Village will provide much-needed, quality housing for an underserved and growing population whose household income is typically between 60% and 120% of the median area income.Learn more
HUDSON, NEW HAMPSHIRE – Dakota Partners has completed construction on the first phase of Friars Court, delivering Hudson, NH its first and only family-affordable housing community. Located in New Hampshire’s largest county where affordable housing is scarce, Friars Court brings tremendous value to the community where there is a high demand for quality, safe, and sustainable housing.Learn more
EAST GREENWICH, RHODE ISLAND – Dakota Partners has completed Phase 1 of its newest affordable housing community, Brookside Terrace in East Greenwich, RI. Prior to this project, there was virtually no affordable housing in East Greenwich – the wealthiest municipality in Rhode Island with a median household income of $130,000. Brookside Terrace will now provide safe and comfortable homes to individuals and families who might otherwise be priced out of this neighborhood.Learn more
RICHMOND, VA – Dakota Partners has completed the purchase of 2200 Brady Street in Richmond, VA. The 14.4-acre parcel will be the site of the future affordable housing community, Brady Square. The multi-phase project will ultimately deliver 264 units with two community buildings and other site amenities.Learn more
NEWPORT NEWS, VIRGINIA – Establishing a presence in the Mid-Atlantic market, Dakota Partners has completed construction on its first development project in Virginia. Located on a suburban 5.2-acre site in Newport News, Huntington Village fills a void of new and desirable affordable housing for the area.Learn more
WAREHAM, MA – Dakota Partners recently celebrated two major milestones for its new affordable housing community, Woodland Cove, located in Wareham, MA. The project team secured all financing and approvals and closed on Phases 1 and 3. In addition, state and federal financing was awarded for Phase 2. Financing for this project has been secured through a combination of State and Federal low-income housing tax credits (LIHTC), soft debt financing from the Department of Housing and Community Development (DHCD), and workforce and first mortgage debt from MassHousing. Construction of Phase I began this fall.Learn more
DAKOTA HONORED & HUMBLED BY INDUSTRY RECOGNITION
The Summer 2021 edition of Affordable Housing News features an in-depth article on Dakota’s commitment to Passive House design and construction. With dozens of projects completed, under construction, and in development using Passive House, the publication names Dakota the leading developer of Passive House in the industry!Learn more
GOFFSTOWN, NH – Dakota Partners has secured all financing and approvals to close on Phase 1 of Woodland Village, a new apartment community that will contain a mix of income restricted units and market rate units. Construction is scheduled to begin this summer.Learn more
MOVING FORWARD BY LOOKING BACK
A year ago, the world looked very different. Still in the early days of the pandemic, our outlook was uncertain and the promises of vaccines were still many months away. At Dakota, we closed our office, began to work remotely, and took recommended precautions on our construction sites to ensure safety. We took action where we could but our industry was buzzing with fears of high vacancies, difficulty with collections and lease ups, and most of all concerns about the health and safety of residents.Learn more
GRISWOLD, CONNECTICUT – On June 8, 2021 Dakota Partners celebrated the Grand Opening of Oak Tree Village, a new mixed-income apartment community in Griswold, CT. Featuring a lineup of distinguished speakers including Dakota Principal, Roberto Arista; the Town of Griswold’s First Selectman, Todd Babbitt; Department of Housing Commissioner, Seila Mosquera-Bruno; Connecticut Housing Finance Authority CEO Nandini Natarajan; and two Oak Tree Village residents, Krystyna Ademi and Fran Korzenko. While an in-person event would have been preferable, Dakota opted to be mindful of everyone’s safety amid the ongoing pandemic and hosted the event virtually.Learn more
Dakota Partners is proud to be listed among Affordable Housing Finance’s annual list of the Top 50 Affordable Housing Developers in the nation for 2020. Learn more
As the first major development in several years, Oak Tree Village marks the beginning of a major revitalization for the Town of Griswold, CT, which has committed long-term investment in improving community life with new shopping and entertainment options downtown. Built on previously vacant and unused land that had fallen into disrepair, Oak Tree’s beautiful, contemporary buildings and lush open spaces for residents to enjoy are a welcome addition to the area.Learn more
WALTHAM, MASSACHUSETTS – Dakota Partners is pleased to announce that Jeremy Vieira has been promoted to Development Director. Jeremy joined the firm in September of 2020 as a Development Project Manager.Learn more
Dakota Principal, Roberto Arista, recently spoke with the Hartford Business Journal on the company’s extensive portfolio of communities in the Hartford area, plans for future projects, and the impact we’ve all felt from the last year.Learn more
WALTHAM, MASSACHUSETTS – Dakota Partners is pleased to announce that Jim Baugh has joined the firm as Executive Vice President of Acquisitions & Development. With close to two decades of executive management experience in multifamily real estate development – specifically in developing affordable housing – Jim’s appointment will further elevate Dakota’s position as an industry leader in creating affordable and mixed-income housing.Learn more
NEWINGTON, CT – Dakota Partners has been awarded $1,982,271 in tax credits for Cedar Pointe in Newington, CT. This transit-oriented apartment development is located near a CTfastrack station and helps fulfill the Town’s desire to create more affordable housing in the surrounding area. Newington currently has less than 10% affordable housing, so this community will fill a critical void for residents who might otherwise be priced out of the area.Learn more
GRISWOLD, CONNECTICUT – Dakota Partners recently completed construction on Oak Tree Village, a new mixed-income apartment community in Griswold, CT. As the first major development in several years, Oak Tree Village marks the beginning of a major revitalization for the Town, which has committed long-term investment in improving community life with new shopping and entertainment options downtown. Built on previously vacant and unused land that had fallen into disrepair, Oak Tree’s beautiful, contemporary buildings and lush open spaces for residents to enjoy are a welcome addition to the area.Learn more
EAST GREENWICH, RHODE ISLAND – Dakota Partners recently closed on Phase 2 of Brookside Terrace, a new affordable housing community in East Greenwich, RI. Construction for the entire development is well underway, with Phase 1 completion anticipated for early summer.Learn more
GOFFSTOWN, NH – Dakota Partners has secured financing through the New Hampshire Housing Finance Authority and federal Low Income Housing Tax Credits for Phase 1 of Woodland Village, a new apartment community that will contain a mix of income restricted units and market rate units. Construction is anticipated to start in June of 2021.Learn more
WAREHAM, MASSACHUSETTS – Dakota Partners has been awarded state and federal financing for Woodland Cove, a new affordable housing community in Wareham, Massachusetts. Financing for this project has been secured through a combination of State and Federal low-income housing tax credits (LIHTC), Massachusetts State Housing subsidy funds and conventional debt through commercial lenders. Construction is anticipated to start in May 2021.Learn more
LINCOLN, RHODE ISLAND – Construction at Lincoln Lofts is complete and residents will begin moving into their new homes at the end of the month. Interest in the community has been incredibly high – with more than 720 applications received. Currently, 25 of the 45 units are leased with the goal of fully leasing the property by the end of the year.Learn more
Dakota Partners recently secured all financing and approvals needed to complete construction financing and start construction on the property at 161 Lowell Rd in Hudson, New Hampshire. The site will be home to a new affordable housing development called Friars Court. Planned in two phases, Dakota also received financing for phase 2 via unanimous vote from the New Hampshire Housing Finance Authority back in the spring of 2020.Learn more
HANSON, MASSACHUSETTS – Dakota Partners recently secured all financing and approvals needed to close on the property at 171 Phillips St in Hanson, Massachusetts. Construction on the new affordable housing development, Depot Village, commenced in spring 2020.Learn more
SCITUATE, MASSACHUSETTS – Dakota Partners recently secured all permits and closed on the property at 96 Stockbridge Rd in Scituate, Massachusetts. Construction on the new market rate and workforce housing development, Stockbridge Landing, commenced in spring 2020.Learn more
EAST GREENWICH, RHODE ISLAND – Dakota Partners recently celebrated two major milestones for its affordable housing community, Brookside Terrace in East Greenwich, RI. The firm closed on Phase 1, securing all permits and closed on the property at 1470 South County Trail and Rhode Island Housing also recently awarded Low Income Housing Tax Credits (LIHTC) for the second phase of the project. Construction on Phase 1 began earlier this year.Learn more
RICHMOND, VIRGINIA – Dakota Partners has been awarded funding from the Virginia Housing Trust Fund to help finance the construction of Brady Square, Phase 1 – the first of a multi-phase development project that will ultimately deliver 264 units of new affordable housing to Richmond, Virginia.Learn more
In the midst of this pandemic, our property manager, Maloney Partners, has continued to be on the front lines
GRISWOLD, CONNECTICUT – Dakota Partners recently secured all permits and closed on the property at 89 and 92 Preston Road in Griswold, CT. Construction on the new affordable housing community, Oak Tree Village, began in late 2019.Learn more
NEW BRITAIN, CT – Dakota Partners, in partnership with Xenolith Partners and the city of New Britain, CT, has completed construction on phase 1 of Columbus Commons. This mixed-use project has transformed the formerly underutilized urban brownfield and previous site of the police station headquarters into a vibrant downtown, transit-oriented development.Learn more
You have a lot of experience in the affordable housing industry. How did you get your start?
When I initially came to Boston in 2008, I was looking into roles in the life sciences industry, and thinking about medical school (Charlie has a degree in Neuroscience from St. Lawrence University). I had the opportunity to sit down with folks at Preservation of Affordable Housing (POAH) in Boston, and its mission really resonated with me. I thought, “let’s give it a shot,” when they offered me a position. I wanted to see where it would take me. Nearly twelve years later, here we are.Learn more
NEWPORT NEWS, VIRGINIA – Establishing its presence in the Mid-Atlantic market, Dakota Partners has closed on its first development project in Virginia. Located on a 4.9-acre site in Newport News, Virginia, Huntington Village will fill a void of new and desirable affordable housing for the area.
Yarmouth, Massachusetts – Located at 881 Route 28 in South Yarmouth, Massachusetts, Yarmouth Commons is Cape Cod’s newest affordable housing community. Dakota Partners, in collaboration with the Department of Housing and Community Development and the Town of Yarmouth, completed construction of this much needed, highly desirable development in late 2019. Residents began moving in over the summer and the units were fully leased in just four weeks.
Featuring three residential buildings, an expansive common green space, fitness center, leasing office, playground, and community center, Yarmouth Commons is conveniently situated near Routes 28 and 6. Two of the residential buildings are two stories in height, one with 19 residential units and the other with 20 units. The third residential building contains 30 units on three floors.Learn more
HAVERHILL, MA – September 17, 2019 — Dakota Partners, Maloney Properties, Haverhill Mayor James Fiorentini, Massachusetts state housing officials and other stakeholders gathered for a ceremonial ribbon-cutting to mark the culmination of Tenney Place Phase 2, a 144-unit, four-building affordable housing project. Phase 1 was completed in 2016.
On July 30th, Dakota Partners welcomed Massachusetts Lieutenant Governor Karyn Polito and several state and local officials, including Housing and Economic Development Secretary Mike Kennealy, and State Rep. Timothy R. Whelan (Barnstable), for a tour of the nearly completed Yarmouth Commons, on Route 28 in Yarmouth.
Dakota Partners in partnership with Xenolith Partners and the city of New Britain, CT are well underway with construction on Columbus Commons, a mixed-use project that will transform the currently underutilized urban brownfield and former site of Stanley Black & Decker factories into a vibrant downtown, transit-oriented development.
The Planning Board approved a new affordable housing project last week that will bring the town closer to the state’s mandated 10 percent minimum.
The project, now known as Brookside Terrace, would introduce 96 affordable housing units on South County Trail.
The Zoning Board of Appeals approved unanimously on Wednesday night Waltham-based Dakota Partners’ plans for a 150-unit apartment complex on Cranberry Highway at Redbrook Road, following more than a year of discussions and many testy public hearings.
One of us is a lifelong, third-generation resident of Newington who has lived all over this town. The other is a more recent transplant. Both of us love this town. We do not believe in building barriers to affordable housing because these barriers mean that the cost of admission right now is too high for others to live in and enjoy our wonderful town.Learn more
State and local funding for Dakota Partners’ Yarmouth Green project has been approved, which will provide much-needed affordable housing to the area.
“Yarmouth Town Administrator Daniel Knapik said town officials are ‘ecstatic’ about the funding announcement. Dakota Partners has already completed its buildings permit applications for the project, and Knapik said he expects work will begin once the funding becomes accessible.”
Read more about Gov. Baker’s funding announcement and the Yarmouth Green project from Cape Code Times:
With presentations by Dakota Partners, Xenolith Partners, and state and local officials, the ceremonial groundbreaking for Columbus Commons emphasizes renewal efforts in Connecticut.
“When it’s built, the $58 million Columbus Commons project will be a success story for brownfields remediation, urban revitalization and CTfastrak, Gov. Dannel P. Malloy said at a groundbreaking Tuesday.”
Read more about the event and Dakota’s role in Columbus Commons from the Hartford Courant: Malloy:
Officials from across the state of Connecticut plan to join Dakota Partners for a groundbreaking ceremony on one of our latest development projects, Columbus Commons.
“The city of New Britain and developers are breaking ground Wednesday on a $58 million mixed-use development located downtown near a CTfastrak bus station.” Read more about Dakota’s role in revitalization projects in Connecticut: New Britain transit-oriented development breaks ground
The Day reports that “The DEEP dam safety program encourages the demolition of unused dams, a process that can be expensive but can return waterways to their natural state and benefit species that live there.” Read about how Dakota Partners is helping to get a defunct dam removed in Oxoboxo: Defunct dam on Oxoboxo Brook to be removed
SUFFIELD, CT – September, 2017
Dakota Partners and Webster Public Finance Corporation are pleased to announce that financing has closed and construction has begun for a new project of affordable housing in Suffield.
Signs of New Life on Capitol Avenue as Apartments Open
As a student at Trinity College, Kyra Malave walked by the old Hartford Office Supply Co. on Capitol Avenue to visit her grandmother, often thinking the abandoned building’s better days were definitely behind it.Learn more
Phase 1 of Columbus Commons Project is Funded
NEW BRITAIN – Funding for the first phase of the development planned for the former police headquarters site was confirmed Monday by state officials.
Gov. Dannel Malloy, state Department of Housing Commissioner Evonne M. Klein and Karl Kilduff, executive director of the Connecticut Housing Finance Authority, said the Columbus Commons project was one of seven affordable housing developments granted funding by the CHFA board of directors.Learn more
Hartford’s Newest Residence, Capitol Lofts, Already Half Full
The ceremonial grand opening Wednesday of the Capitol Lofts apartments celebrated more than the conversion of a long-vacant building into rentals: In just four months, the 112 units are already 50 percent leased.Learn more
Barton Commons opens as demand for workforce housing soars
By Chris Bosak
Published 12:00 am, Sunday, May 7, 2017Learn more
Under a brilliant blue sky, Dakota Partners joined with state and local officials, partners and Tenney Place residents to celebrate the Tenney Place Ribbon Cutting in Haverhill, MA.
August 15, 2016
The Massachusetts DHCD awarded tax credits for the second phase of Dakota’s Tenney Place project in Haverhill, MA. An additional two buildings with 72 two and three bedroom units will be added to the 72 units recently completed. Phase II will also include the construction of a community building that will house a leasing office, business center, meeting space and fitness center. A playground will also be installed in this phase.
Dakota Partners is pleased to announce that financing has closed and construction is underway at the second phase of our Village Green project in Barnstable, MA. Two additional three-story buildings with a mix of one, two and three bedroom units will be delivered in Phase II. The sixty additional units will bring the total number of apartments at Village Green to 120. All of the new units will be affordable, with 15 reserved for previously homeless families. A fitness center and tot play lot will be added to the existing community center during the second phase as well.
Financing partners include the Massachusetts DHCD, Bank of America, the Town of Barnstable and Barnstable Home Consortium. Alden Torch is the tax credit syndicator. The buildings will be ready for occupancy in late 2016 and early 2017.
The Connecticut Department of Housing recently awarded us tax credits for our Suffield, CT project. Part of a multi-phase project that will eventually deliver 96 apartments and 75 townhouses on a 30 acre parcel adjacent to the Stony Brook River, the initial phase calls for the construction of three garden-style buildings each housing 12 units. The 36 apartments, consisting of both one and two bedroom units, will be reserved for households earning from 25 % to 60% of the area median income. The DOH will provide up to $5 million in funding to Dakota, under the state’s Competitive Housing Assistance for Multifamily Properties (CHAMP) program.
The New Hampshire Housing Finance Authority has awarded tax credits for Dakota Partners’ Kensington Lane project in Bedford, NH. After an expected Spring 2016 closing, Dakota will construct a three story building with 41 apartments. The mix of one and two bedroom units will be designated “workforce housing”, reserved for households earning between 50% and 60% of the area median income. Expected delivery of the apartments is slated for the spring of 2017.
Public officials and private partners in financing, development and construction recently joined with developer Dakota Partners to celebrate the ribbon cutting for the Laurel Hill community, a development that offers much-needed affordable workforce housing to the predominantly single-family Fairfield County market.Learn more
Hartford, CT – June 16, 2015
Public and private officials joined residents to celebrate the completion of the 179 Allyn Street mixed-use redevelopment with a ribbon cutting ceremony. The dedication took place Tuesday, June 23rd at 11:00 a.m.Learn more