- 01 CFPB Proposes Expanding RESPA Disclosure Exemption for HFA Loans
- 02 17 State HFAs to Receive HUD Counseling Grants for FY 2016
- 03 Senators Cantwell and Hatch Introduce Comprehensive Housing Credit Legislation
- 04 HUD Affirms HFAs’ Ability to Provide Down Payment Assistance with FHA Loans
- 05 Congress Passes Bipartisan Housing Assistance Reform Bill
- HFA NewsJuly 25, 2016
Governor Gina Raimondo, U.S. Senators Jack Reed and Sheldon Whitehouse, Congressmen Jim Langevin and David Cicilline, Attorney General Peter F. Kilmartin and mayors from Rhode Island cities and towns affected by the housing and foreclosure crisis joined Rhode Island Housing to announce the grand opening of Rhode Island Housing’s HelpCenter and Hardest Hit Fund office in Warwick and to discuss the deployment of more than $36 million in additional funding for the Hardest Hit Fund Rhode Island (HHFRI) program.
- HFA NewsJuly 22, 2016
MaineHousing celebrated National Homeownership Month in June by lowering its First Home Loan rate to 2.99%, motivating 268 first time homebuyers or military households to place a home under contract and apply for a MaineHousing First Home Loan.
- HFA NewsJuly 21, 2016NHHFA Provides More Than $400,000 in Financing for Affordable Elderly Housing at The Meadows at Grapevine Run
Next summer, 24 units of affordable one-bedroom senior housing will be available to rent in Hampton Falls, following the New Hampshire Housing Board of Director’s recent approval of $400,000 in loans for the construction of The Meadows at Grapevine Run.
- Blog PostJuly 29, 2016
Earlier today, the Consumer Financial Protection Bureau (CFPB) released a proposed rule that would make several changes to CFPB’s TILA-RESPA Integrated Disclosure Rule (TRID). The proposal includes a provision designed to make it easier for lenders to participate in HFA down payment assistance programs by exempting more such programs from onerous disclosure requirements.
- Blog PostJuly 28, 2016
Earlier this month, HUD published a proposed rule that would substantially change the formula it uses to determine how much funding public housing agencies (PHA) receive to administer the Housing Choice Voucher (voucher) program. With this new formula, HUD aims to better capture the costs of administering the voucher program and therefore more accurately compensate administering PHAs.
- Blog PostJuly 28, 2016
Fannie Mae announced Tuesday that it will be making several adjustments to its affordable HomeReady product that it believes will allow the product to serve more low- and moderate-income borrowers. Fannie Mae has informed NCSHA that these adjustments will also be incorporated into its HFA Preferred Products.