- HFA NewsMay 23, 2016
June is National Homeownership Month and MaineHousing is pleased to offer a below market, 30 year fixed rate special of 2.99%!
- HFA NewsMay 17, 2016
Governor Charlie Baker today announced a new $100 million MassHousing fund for the creation of workforce housing, increasing rental housing opportunities for households earning 61% to 120% of area median income (AMI), who may have incomes too high for subsidized housing but are priced out of affordable market rents as housing costs in Massachusetts continue to rise.
- HFA NewsMay 13, 2016
Seniors in Bellingham, the homeless in Vancouver, and families in rural northwestern and northeastern Washington are among those who will benefit from 540 new and rehabilitated units of affordable housing, thanks to an estimated $55.2 million in equity from Low-Income Housing Tax Credits allocated by the Washington State Housing Finance Commission.
- Blog PostMay 20, 2016
Yesterday, the Senate voted 89 to 8 in favor of the Fiscal Year (FY) 2017 Transportation, Housing and Urban Development, and Related Agencies (THUD) funding bill, H.R. 2577. Despite an overall allocation that is $827 million below last year’s funding level, the Senate THUD bill provides nearly $1.5 billion more for HUD’s affordable housing and community development programs than Congress appropriated for them in FY 2016.
- Blog PostMay 20, 2016
On May 19, Senator Maria Cantwell (D-WA) and Senate Finance Committee Chairman Orrin Hatch (R-UT) introduced S. 2962, the Affordable Housing Credit Improvement Act of 2016, which would enact several of NCSHA’s Housing Credit-related legislative priorities. The bill would address the severe shortage of affordable rental housing by increasing Housing Credit authority by 50 percent over five years beginning in 2017 and providing states additional flexibility in their program administration.
- Blog PostMay 16, 2016
On May 10, NCSHA submitted comments to HUD on the Affirmatively Furthering Fair Housing (AFFH) Tool for States and Insular Areas, which HUD will require states to use to complete the Assessment of Fair Housing (AFH) under AFFH. The AFH replaces the Fair Housing Analysis of Impediments, which HUD program participants previously undertook to assess impediments to housing choice. AFFH requires all entities that receive funding from HUD grant programs—HOME, the Community Development Block Grant, the Emergency Solutions Grant, and Housing Opportunities for Persons With AIDS—and public housing authorities to take part in the AFH process.