NEWS

Progress Continues on $20.5M Rehab of Pequot Highlands

Pequot Highlands, a 250-unit affordable housing community in Salem, MA, is undergoing a remarkable $20.5M rehabilitation as part of Silver Street’s 2016 acquisition of the property. The rehab’s centrepiece is its $11M façade overhaul, in which the red brick popular in the 1970s is being replaced with modern, insulated, and energy efficient metal paneling and…
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RAD Conversion Secures Additional Rental Assistance for Almost 300 Units in Rochester, NY

Silver Street has completed a Rental Assistance Demonstration (“RAD”) conversion at Charlotte Harbortown Homes, a 553-unit LIHTC development in Rochester, New York. The RAD conversion resulted in a new Section 8 Project-Based Voucher (“PBV”) Program contract with the Rochester Housing Authority providing rental assistance to 290 additional units at the property. Originally constructed in 1974, this…
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Silver Street President Meets with Secretary Ben Carson at AHDC Spring Policy Conference

This past May, our company, represented on the day by SSDC President Roger Gendron, participated in the Affordable Housing Developers Counsel’s (AHDC) Spring Policy Conference, a high-profile day of talks held between industry leaders and top government policy makers. The proceedings were enriched by the presence of Secretary Ben Carson of HUD, who has made…
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Silver Street Development Corporation Expands to Mid-Atlantic, Hires Four New Employees

Silver Street Development Corporation is excited to announce its expansion to the Mid-Atlantic, where a new branch office located in the heart of Washington, DC will be expanding upon Silver Street’s continual efforts to develop new affordable housing. The branch’s launch coincides with the hiring of four new employees to the Silver Street team, an…
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