HFA News
Governor Hochul Celebrates Completion of 188-Unit Affordable Senior and Supportive Housing Development in the Bronx
Governor Kathy Hochul today announced the completion of 2850 Webster Avenue in the Bedford Park section of the Bronx, which offers 188 apartments for New Yorkers aged 62 and older. The energy-efficient, mixed-use development includes a 12,000-square-foot grocery store operated by Cherry Valley Marketplace and on-site social services provided by Fordham Bedford Community Services.
VHFA Announces Homeownership Funding
Last week, the Vermont Housing Finance Agency (VHFA) Board of Commissioners awarded Vermont State Affordable Housing Tax Credits for homeownership development projects across the state. Once sold to investors, the credits will yield nearly $3 million in equity for downpayment assistance for newly constructed or substantially rehabilitated single-family homes as well as energy-efficient manufactured homes.
Kansas Housing Awards More Than $154,900 in Vital Services for Low-Income Families and Communities
Seven nonprofit community organizations across the state received a combined $154,920 to help low-income Kansans achieve stability and access economic opportunities.
Kansas Housing Awards the Final Round of 2023 4% LIHTC Projects
In July, Kansas Housing received 12 4% Low Income Housing Tax Credit (LIHTC) applications equating to over $206 million in Private Activity Bonds (PABs) for the final of three application rounds.
Marjorianna Willman to Serve as Louisiana Housing Corporation Interim Executive Director
Following the resignation of Executive Director Joshua G. Hollins, Marjorianna Willman has been elected by the Louisiana Housing Corporation Board of Directors to be the Interim Executive Director starting October 1st, 2023.
MSHDA and Lansing Housing Commission Receive Funding to Reduce Youth Homelessness
Today, The Michigan State Housing Development Authority (MSHDA) received $4.5 million in Youth Homelessness Demonstration Program (YHDP) funding from the U.S. Department of Housing and Urban Development (HUD). The Lansing Housing Commission also received $1.9 million in YHDP funding to address local youth homelessness issues.
CHFA Launches New Resource for Colorado Homebuyers
Colorado Housing and Finance Authority (CHFA) is proud to announce the launch of the Homebuyer’s Roadmap. This online, interactive resource gives users the chance to “choose their own adventure,” featuring stops on the homebuying journey that highlight various aspects of purchasing a home, including homebuyer education, understanding credit, selecting a lender, inspections, and appraisals.
New Mexico Mortgage Finance Authority’s Restoring Our Communities Program Helps to Restore Vacant Houses and Provide Affordable Housing Opportunities
The New Mexico Mortgage Finance Authority (MFA) launched its Restoring Our Communities (ROC) Program Sept. 1, 2023, to help meet New Mexico’s need for affordable housing units while assisting communities in reducing vacant and abandoned houses that decrease property values. Homeowners within close proximity to abandoned homes can pay higher insurance premiums as well.
Lt. Gov. Crouch, IHCDA Launch Updated Dashboard to Assist Communities with Housing Inventory
Lt. Gov. Suzanne Crouch and the Indiana Housing and Community Development Authority (IHCDA) today announced the launch of the Indiana Housing Dashboard 2.0, a database that includes a statewide inventory of housing in Indiana. The first version of the Dashboard was released by IHCDA in December 2021, and efforts begin shortly thereafter to design and implement added features and more robust content.
