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HFA News
- HFA NewsJanuary 24, 2012
When Dorine D’Agostino lost her job of more than 11 years, she started collecting unemployment, but despite a small mortgage payment she couldn’t cover all the mounting bills, she said. She tried looking for work but at 60 years old it was tough and she started to lose faith that everything would work out. Then she got a letter telling her about the SC HELP program and decided to apply. - HFA NewsJanuary 12, 2012
The North Dakota Housing Finance Agency (NDHFA) received more than $6.3 million during its initial fundraising campaign for the Housing Incentive Fund (HIF). The state program provides tax credits for contributions to the fund and passes on flexible financing to help create affordable rental housing. - HFA NewsJanuary 3, 2012
The Industrial Commission of North Dakota has approved the 2012 Low Income Housing Tax Credit (LIHTC) Qualified Allocation Plan. The federal program, administered locally by the North Dakota Housing Finance Agency (NDHFA), will offer more than $2.5 million worth of tax credits to developers of affordable rental housing.
Blogs
- Blog PostJanuary 27, 2012
Since President Obama proposed in his January 24 State of the Union address a plan to allow all homeowners the opportunity to refinance their mortgages, some additional information about the plan has emerged, despite the fact that the Administration has not formally released additional details. - Blog PostJanuary 27, 2012
The House Financial Services Subcommittee on Insurance, Housing, and Community Opportunity recently circulated new draft legislation to reform the Section 8 program, the Affordable Housing and Self-Sufficiency Improvement Act of 2012 (AHSSIA). The legislation is the latest version of the Section 8 Voucher Reform Act (SEVRA) and the Section 8 Savings Act (SESA). The Subcommittee expects to markup the legislation, which has not yet been formally introduced and thus has not been assigned a bill number, in mid-February. - Blog PostJanuary 25, 2012
Last night, in his State of the Union address, President Obama called for a loan refinancing program he said would give “every responsible homeowner the chance to save about $3,000 a year on their mortgage” and urged Congress to enact tax reform to reduce corporate tax rates and increase individual tax rates for the wealthy. Obama also reaffirmed his Administration’s commitment to close oversight of financial institutions and consumer protection.
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