• July 9, 2013
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    Fitch Ratings, the global credit rating agency, assigned ‘AA+’ credit bond rating to DHCD’s Community Development Administration on their $52.5 million housing revenue bonds, 2013 series B and C, The Wall Street Journal reported Monday.

  • May 16, 2013
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    The Illinois Housing Development Authority (IHDA) today announced its recent sale of $127.6 million in multifamily taxable bonds demonstrated strong private investor interest in Illinois housing bonds.

  • April 25, 2013

    The National Council of State Housing Agencies (NCSHA), on behalf of its state Housing Finance Agency (HFA) members, today appealed to Congress to continue its long-time, steadfast commitment to the Low Income Housing Tax Credit (Housing Credit) and tax-exempt private activity Housing Bonds and the outstanding affordable housing results these programs consistently achieve. In a statement it submitted to the House Ways and Means Committee for inclusion in the record of its scheduled April 25 hearing on Tax Reform and Residential Real Estate, NCSHA urges House Ways and Means Committee Chairman Camp (R-MI), Ranking Member Levin (D-MI), and the other Committee members to preserve and strengthen these vital programs in any tax reform plans they advance.

  • December 20, 2012
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    VHFA closed two bond deals this week: one will fund mortgages for lower income homebuyers and the other restructures and provides the loans for 25 different multifamily rental projects, lowering their interest rates and extending how long the developments must remain affordable.

  • August 8, 2012
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    The Federal Home Loan Bank of Seattle (Seattle Bank) and Utah Housing Corporation (UHC) are pleased to announce the Seattle Bank’s purchase of $238 million UHC bonds. The transaction provides UHC ready access to low-cost, long-term funding that it is using to help fund up to 1,600 low- and moderate-income Utah residents purchase a home.

  • July 5, 2012

    New York City Housing Development Corporation (HDC) President Marc Jahr announced today the issuance of nearly $250 million in housing bonds — including an allocation of $102 million from the State of New York — and the commitment of up to $50 million in HDC corporate funds to provide financing for three new developments with 482 rent-restricted units and the preservation and renovation of eight affordable developments with 2,174 units in The Bronx, Brooklyn and Manhattan.

  • March 22, 2011
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    Vermont Housing Finance Agency (VHFA) has passed a major milestone: The Agency has issued more than $3 billion in bonds to finance homeownership and rental opportunities for low- and moderate-income Vermonters.

  • February 16, 2011
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    Utah Housing Corporation announced the closing of a $74 million bond sale completing the commitment of bond purchases to the US Department of Treasury under a special program under the 2008 Housing and Economic recovery Act (HERA).

  • January 19, 2011

    Qualifying Alaskans will have greater access to homeownership through a $625,000 loan approved by the Alaska Housing Finance Corporation board of directors. The loan will allow Fairbanks Neighborhood Housing Services, Inc. (FNHS) to continue its down-payment assistance loan program for under-served markets and provide assistance to borrowers who would not qualify for home ownership due to income limitations, down-payment requirements, loan-to-values, or other considerations.

  • January 18, 2011
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    According to Michael Gerber, TDHCA Executive Director, the program will help the state respond to a remarkably robust demand for affordable homebuyer products. “Despite all the negatives we hear from other states, the fact is that the Texas economy – and the demand for homeownership – both remain quite healthy,” Gerber said. “Many families want and are ready to take that exciting step toward homeownership, and TDHCA wants to help them achieve their dreams through safe, reliable homebuyer lending products offered through the state, coupled with responsible homebuyer education.”