- July 30, 2010HOUSINGWIREThe governor of West Virginia announced an unparalleled housing strategy, and is now offering the best mortgage rates the state has ever seen — a 30-year fixed-rate of only 3.5%.
- July 30, 2010State of New York Mortgage AgencyGovernor David A. Paterson has signed legislation that will enable New York State to help refinance apartment buildings that ran into severe financial difficulties as a result of the housing crisis. The new law will allow the State of New York Mortgage Agency (SONYMA) to insure loans that refinance these "overleveraged" buildings that are now struggling to pay their debt service.
- July 30, 2010Illinois Housing Development AuthorityThe Illinois Housing Development Authority (IHDA) today applauded the grand opening of a new construction development that provides 78 Madison County families with quality affordable rental homes. IHDA, the state’s housing finance agency, invested nearly $1.4 million in federal low-income housing tax credits and a $500,000 zero-interest Illinois Affordable Housing Trust Fund loan to build the Meachum Crossing Apartments in Venice.
- July 29, 2010Wisconsin Housing and Econmic Development AuthorityA new era of affordable senior housing in Green Bay and a vision to continue the city’s downtown redevelopment efforts were celebrated today with a special dedication ceremony and reception for state and community leaders. The Wisconsin Housing and Economic Development Authority (WHEDA) gathered alongside city officials and representatives from Wisconsin Housing Preservation Corp, JP Morgan Chase and Bank Mutual at the construction site of Woodland Park Apartments, one of two apartment buildings currently being constructed for local residents.
- July 29, 2010Louisiana Housing Finance AgencyDue to the recent deepwater oil leak in the gulf coast, the Louisiana Housing Finance Agency has released $500,000 to implement the “Gulf Coast Energy Crisis Assistance Program.” This program will provide emergency home energy assistance to families and individuals affected by the oil leak.
- July 29, 2010Colorado Housing and Finance AuthorityColorado Housing and Finance Authority’s sixth annual J. David Barba Golf Tournament has raised $84,500 for The Gathering Place. The funds will support the organization’s mission to provide safety and services for women and children experiencing homelessness or poverty.
- July 28, 2010North Dakota Housing Finance AgencyA 20-unit housing project in Parshall would not have been possible without two programs administered by the North Dakota Housing Finance Agency (NDHFA) and the strong support of local lenders Lakeside Bank/Peoples Bank and Trust.
- July 28, 2010New York State Department of Housing and Community RenewalThe creation of a "vacancy free" neighborhood on Buffalo's West Side will be the first major project funded as part of a new program to remedy upstate New York's abandoned-housing crisis.
- July 22, 2010Maryland Department of Housing and Community DevelopmentMaryland Department of Housing and Community Development (DHCD) Secretary Raymond A. Skinner today recognized five lenders for their partnership in promoting the Maryland Mortgage Program (MMP). The awards were presented at the Department's First Annual Top Maryland Mortgage Program Lender Recognition Breakfast.
- July 21, 2010Maryland Department of Housing and Community DevelopmentThis event aims to recognize DHCD's lending partners, encourage more lenders to participate in the Maryland Mortgage Program and educate stakeholders on current economic conditions and the Department's initiatives to further strengthen its relationship to the lending industry.