HFA News
PHFA Issues RFP to Fund Mixed-Use Development Projects
The Pennsylvania Housing Finance Agency today is issuing a Request for Proposals for new construction, or the rehabilitation, of mixed-use projects seeking financial support. Funding will be provided through the Community Revitalization Fund Program. Mixed-use projects combine residential and retail/commercial space in the same building and often serve as a catalyst for neighborhood revitalization. The deadline for proposal submission is 2 p.m. on Friday, Nov. 4.
Vermont Housing Finance Agency Has Selected Megan Roush as Director of Development
Executive Director Maura Collins announced that Vermont Housing Finance Agency (VHFA) has selected Megan Roush (she/her) of Northfield in the new role of Director of Development.
DCHFA Finances Construction of 108 Senior Apartments on Historic Barry Farm’s Site
The District of Columbia Housing Finance Agency (DCHFA) has issued $33.7 million in tax exempt bonds for the construction of 108 apartments in Ward 8’s Barry Farm neighborhood. All units at this mixed-income development recently named The Asberry will be reserved for seniors age 55 or older.
CalHFA Board Member Cervantes Takes Over as Chair
James Cervantes, who joined the California Housing Finance Agency's Board of Directors earlier this year, will take over as its permanent Chair following Governor Gavin Newsom's official designation on Wednesday.
MassHousing Closes on $10.4 Million in Financing to Create New Affordable and Workforce Housing at 25 Sixth Street in Chelsea
MassHousing has closed on a total of $10.4 million in affordable and workforce housing financing to the non-profit The Neighborhood Developers, Inc. (TND). The MassHousing financing will allow The Neighborhood Developers to transform a former light industrial site at 25 Sixth Street in Chelsea into 62 new mixed-income rental and homeownership units, located on the MBTA’s Silver Line near Bellingham Square.
WHEDA Foundation Extends 2022 Housing Grant Deadline to Sept. 15
Organizations throughout Wisconsin that provide emergency shelter, transitional residences, and extremely low-income housing have more time to apply for grants from the WHEDA Foundation with the deadline extension to September 15.
Governor Hogan Announces Maryland’s State Small Business Credit Initiative Programs Now Open
Governor Larry Hogan today announced Maryland programs funded by the State Small Business Credit Initiative (SSBCI) are open. Up to $198 million in federal small business relief is being administered by three state agencies: the Maryland Department of Housing and Community Development (DHCD), the Maryland Department of Commerce, and the Maryland Technology Development Corporation (TEDCO). These agencies will use funds to expand and enhance nine existing state business lending and investment programs.
North Dakota Roots Breaks Record; Program Revenue Supports Affordable Housing
One year after North Dakota Housing Finance Agency’s (NDHFA) residential real estate lending capacity was expanded by the state legislature, the agency reports that an updated loan program has broken a record.
MSHDA Board Approves Proposal to Allocate American Rescue Plan Funds for Homelessness Assistance and Workforce Housing
The Michigan State Housing Development Authority (MSHDA) Board has approved a plan to use more than $63 million in funds allocated by the federal government through the American Rescue Plan (ARP) to provide homelessness assistance and supportive services to at-risk individuals and families across the state.
