HFA News
Governor Cuomo Announces $270 Million in Financing for 728 Affordable, Supportive, Sustainable Homes Across New York State
Governor Andrew M. Cuomo today announced $270 million in financing for six affordable housing developments that will build or preserve 728 affordable, supportive, sustainable homes for New Yorkers. The awards will leverage an additional $93 million to create an overall investment of more than $360 million that will spur local economic development and advance New York's commitment to healthy, energy-efficient housing opportunities that reduce the State's impact on the environment.
Qualified Allocation Plan Approved, the Guide to Future Federal Low Income Housing Tax Credit Allocation
Governor Ned Lamont and Seila Mosquera-Bruno, Commissioner of the Department of Housing and Board Chairwoman of the Connecticut Housing Finance Authority (CHFA), announced the adoption of the 2022 and 2023 Qualified Allocation Plan (QAP). The QAP is the guide for applications to the 9% Low Income Housing Tax Credit (LIHTC) Program, administered by CHFA.
MaineHousing Announces Expanded Emergency Rental Assistance Program Eligibility
Today MaineHousing announced expanded eligibility for the Emergency Rental Assistance (ERA) program, increasing both the potential number of Maine people who can receive help paying their rent and utilities and the number of months they may receive assistance.
Commission Approves Expanded Mortgage Lending Capabilities for HFA
The North Dakota Industrial Commission has approved changes to North Dakota Housing Finance Agency’s (NDHFA) North Dakota Roots program that will allow the agency to finance mortgage loans for higher-income individuals and families and to refinance residential real estate loans.
Housing Development and Assistance Program Funds Available
North Dakota Housing Finance Agency (NDHFA) is currently accepting applications for programs that support affordable rental housing development and provide homeownership and rental assistance for low-income households. “These programs help address the housing needs of our state’s most vulnerable populations – low-wage workers, and individuals and families who are aging, are in need of an accessible home, and/or are at risk of homelessness,” said Dave Flohr, the agency’s executive director.
Tiena Johnson Hall is California Housing Finance Agency’s New Executive Director
The California Housing Finance Agency (CalHFA) will get a new Executive Director as Tiena Johnson Hall was appointed by Governor Gavin Newsom on Monday. Johnson Hall, who has been a member of CalHFA’s Board of Directors since November 2014, has served as a Senior Vice President and Manager of Community Development Finance for BBVA Compass Bancshares inc. since October 2014. Prior to that, she has held various housing positions in both the private and public sectors.
Governor Hogan Announces Nearly $30 Million in Awards for Broadband Infrastructure
Governor Larry Hogan today announced awards to expand broadband internet access to more than 12,000 households in 18 counties. Administered by the Maryland Department of Housing and Community Development’s Office of Statewide Broadband (OSB), $29,472,131 in grant funding will support network infrastructure projects by local internet service providers that will provide connectivity to unserved or underserved communities in Maryland.
WHEDA Opens Applications for Innovation Housing Tax Credits
Developers with innovative affordable housing projects designed to spark community revitalization and promote resident well-being are urged to apply for a new round of federal 9% housing tax credits allocated by the Wisconsin Housing and Economic Development Authority. The application period for this special round of housing tax credits is now open and will run until Sept. 3, 2021.
Governor Murphy’s FY2022 Budget Allocates $73 Million to NJHMFA to Advance Affordable Rental Housing and Homeownership Opportunities
Governor Phil Murphy‘s FY2022 budget and additional legislation allocates $73 million to New Jersey Housing and Mortgage Finance Agency (NJHMFA) to advance affordable rental housing and homeownership opportunities for low- and moderate-income families, older adults, and individuals with specialized housing needs. New Jersey has one of the most complex housing environments in the nation. Anyone watching the news, reading an article, or trying to buy or rent a home can see how challenging the state’s housing market has become since the inception of the COVID-19 pandemic.
