Leading affordable housing provider The NHP Foundation has secured redevelopment funds for its property Ridgecrest Village Apartments in the Congress Heights neighborhood of Washington, D.C. The deal includes $13.9 million in tax exempt bonds financed by JP Morgan Chase and the DC Housing Finance Agency, $16.8 million in federal funding and DC Low Income Housing Tax Credits, $16.13 million in Housing Production Trust Funds from the DC Department of Housing and Community Development, and $2 million in interim net operating income and deferred fees from NHPF.

The Metal Construction Association’s 2022 Design Awards were announced in October at METALCON, a major industry event held in Indianapolis.

Diablo Tools was named a top 10 finalist for the 2022 Merchandising Innovation Award from The Home Depot for the Demo Demon Spade Bit.

L&W Supply, a nationwide distributor of interior building materials and construction supplies, has announced that Shayne Bastian has been promoted to branch manager of L&W Supply’s Fort Collins, Colorado, location.

JLG Industries, Inc., an Oshkosh Corporation company and leading global manufacturer of mobile elevating work platforms and telehandlers, is expanding its network of Authorized Service Providers in the United States to provide equipment repair, warranty, maintenance, inspections, parts and other support services nationwide to JLG customers, no matter where their equipment is working. JLG’s independent service operations are available to complete service work on all makes and models of equipment within their defined territories.

On Oct. 12, StructionSite announced that it has entered into an agreement to be acquired by DroneDeploy. The company has maintained a relationship with Mike Winn and the DroneDeploy team over the years and is thrilled they can finally share this news.

The price of materials and services used in nonresidential construction jumped 12.6 percent in September from a year earlier despite a dip of 0.2 percent last month, according to an analysis by the Associated General Contractors of America of government data released Oct. 12. Association officials note that the construction industry was suffering the most from inflation, adding that new Buy America rules set to go into effect as soon as next month will only make the situation more dire.

L&W Supply, a nationwide distributor of interior building materials and construction supplies, has announced Jeffrey Pettit as branch manager at L&W Supply’s Columbus, Ohio, location.

Sto Corp. has announced that StoVentec Rainscreen Systems has been evaluated by Intertek, a respected, independent and accredited agency, and found to be fully code compliant. StoVentec Render and Masonry Veneer Rainscreen systems are all included in Intertek’s evaluations, and the Glass system is coming soon.

Columbus McKinnon Corporation, a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, was recently awarded a patent for a slotted hook latch, which is used on the company’s Clevlok and Quick-Connect sling hooks. Protected by Patent No. 11,390,493, the slotted latch design allows for better seating of the latch in the hook to prevent disengagement or damage to the latch — ultimately keeping loads more secure, reducing the risk of damaged equipment and enhancing operator safety.