The National Council of State Housing Agencies commends the Government Accountability Office (GAO) for its evenhanded analysis of development costs of affordable multifamily properties financed by the Low Income Housing Tax Credit (Housing Credit) program entitled “Low-Income Housing Tax Credit: Improved Data and Oversight Would Strengthen Cost Assessment and Fraud Risk Management.”
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.
HUD announced today the recipients of $47 million in Housing Counseling program grants for fiscal year (FY) 2018. HUD’s announcement says the funding will go to 255 different housing counseling agencies, including 17 state HFAs, who combined will receive just over $9 million in grants.
The Federal Housing Finance Agency (FHFA) today released a Request for Input (RFI) seeking public input on several changes Fannie Mae has proposed to its Underserved Markets Plan for years 2018-2020.
Senate Banking Committee member Elizabeth Warren (D-MA) introduced today legislation, the American Housing and Economic Mobility Act, to authorize $500 billion for affordable housing programs over the next 10 years.
The Florida Channel aired a special interview with Trey Price, Florida Housing Finance Corporation’s Executive Director. Topics
The Maryland Department of Housing and Community Development announced Fiscal Year 2019 awards for two revitalization programs that support redevelopment in communities within the Baltimore and Capital beltways.
MassHousing has closed on $24.7 million in affordable housing financing to the non-profit Homeowners Rehab, Inc. (HRI), for the construction of the 98-unit Concord Highlands apartments in Cambridge. Concord Highlands will be the largest affordable housing community to be built in Cambridge in 40 years.