HFA News
MassHousing Closes on $8.5 Million in Financing for the Final Phase of the Woodland Cove Affordable Rental Housing Community in Wareham
MassHousing has closed on $8.5 million in affordable housing financing to Dakota Partners, Inc., to support the final phase of development of the Woodland Cove housing community in Wareham.
Governor Hochul Announces $104 Million Awarded to 16 Developments Across New York to Provide 864 Affordable Homes
Governor Kathy Hochul today announced that $104 million has been awarded to create or preserve 864 affordable homes in 16 separate developments across New York. The funding announced today will further local economic development initiatives, expand the housing supply in every region, fight homelessness with supportive services for vulnerable populations, and help close the digital divide for lower-income households.
Virginia Housing Awards $46 Million to 25 Redevelopment and Housing Authorities in the Commonwealth
Virginia Housing has allocated a percentage of its annual REACH resources to support public housing revitalization. (REACH is a multifaceted resource that Virginia Housing uses to support vital housing initiatives through its Homeownership, Rental and Community Outreach programs).
Maryland Mortgage Program Announces Diversification of Loan Products
The Maryland Department of Housing and Community Development’s Maryland Mortgage Program today announced the launch of new loan products to provide more flexible options of down payment and closing cost assistance.
WHEDA Foundation Opens 2022 Housing Grant Cycle
Organizations throughout Wisconsin that provide emergency shelter, transitional residences, and extremely low-income housing are encouraged to apply for grants from the WHEDA Foundation.
MSHDA Announces Availability of $10 Million in Nonprofit and Government Funding for Energy-Oriented Home Repair Projects
Today, the Michigan State Housing Development Authority (MSHDA) announced the creation of a $10 million grant program to empower local government and nonprofit agencies with resources to help low-income families make energy-efficient home upgrades and repairs.
Construction Financing and Land Transfer Unlock the Transformation of 31 Elm Street in Springfield by WinnDevelopment and Opal Real Estate
Today the City of Springfield, MassHousing, MassMutual, MGM Springfield, WinnDevelopment and Opal Real Estate Group jointly announced the closing of construction financing and the conveyance of 31 Elm Street in downtown Springfield. Together, these project milestones will allow WinnDevelopment and Opal Real Estate to transform the historic former Court Square Hotel at 31 Elm Street into 74 new mixed-income rental homes.
Vermont Housing Finance Agency Receives $4 Million Capital Magnet Fund Award to Support 300 Affordable Homes
Vermont Housing Finance Agency (VHFA) joined Representative Peter Welch in South Burlington yesterday to announce a $4 million award from the federal government that will support the development of over 300 affordable apartments across Vermont over a three-year period.
Delaware Mortgage Relief Program Now Open
Delaware State Housing Authority is proud to announce the launch of the Delaware Mortgage Relief Program, designed to assist eligible households who experienced a COVID-19-related financial hardship that resulted in mortgage delinquency or forbearance. Homeowners can apply here: demortgagehelp.com.
