The July edition of “The Down Payment Report” features an interview with NCSHA Executive Director Stockton Williams and coverage of HFAs meeting the demand for down payment assistance in their states.
The Hardest Hit Fund (HHF) program was established in the wake of the Great Recession to assist struggling homeowners and communities in states disproportionately impacted by foreclosures and unemployment.
NCSHA welcomed Stockton Williams on board as the organization’s new Executive Director, following his appointment by the Board of Directors. Here, Stockton recorded the following message for NCSHA’s members
Private mortgage insurer Essent recently published a study detailing the needs and preferences of younger first-time homebuyers.
On August 16, NCSHA submitted comments to HUD on the agency’s 2013 Disparate Impact Final Rule, which implements the Fair Housing Act’s discriminatory effects standard. HUD had requested public comments on the rule because it is considering modifying the rule in light of the Supreme Court’s 2015 decision in Texas Department of Housing and Community Affairs vs. Inclusive Communities Project, Inc.
Earlier today, HUD issued a press release stating its intention to reopen for public comment its 2015 final rule on Affirmatively Furthering Fair Housing (AFFH) and made available a pre-publication of an Advance Notice of Proposed Rulemaking, which HUD will soon officially publish in the Federal Register.
Colorado Housing and Finance Authority unveiled its new statewide housing fund, the Capital Magnet Fund, to support the development and preservation of affordable rental housing across Colorado.
FHLBank Pittsburgh and the Pennsylvania Housing Finance Agency (PHFA) announced today that 15 Continuum of Care (CoC) providers from across the state have confirmed their participation in the Home4Good program.
Funding for six multi-family affordable rental housing developments, which will produce or preserve 166 units of general occupancy, age-restricted and special needs housing around the state, was recently approved.