HFA News
Statewide Homeless Count to be Conducted In January
South Dakota Housing for the Homeless Consortium (SDHHC), an affiliate of South Dakota Housing Development Authority (SDHDA), will conduct its annual statewide Point-In-Time (PIT) homeless count. The Point-In-Time homeless count is a critical source of annual data, providing characteristics of people who are experiencing homelessness. Data from the annual PIT homeless count is used to measure homelessness on local, state, and national levels. PIT count data helps policy makers and communities measure progress, identify strengths and gaps in services, increases public awareness of homelessness, and enhances system planning and responses.
Kansas Housing Provides $1.8 Million in Rent, Utility Assistance
Kansans struggling to cover rent and utility bills may qualify for assistance, thanks to funds awarded by Kansas Housing. The funding, made possible through the state’s Tenant Based Rental Assistance (TBRA) program and funded through the federal HOME Investment Partnerships Program (HOME), helps income-eligible households afford rental subsidies, utility deposits, and security deposits. Assistance is administered by a network of 11 nonprofit grantees who serve communities across the state.
MassHousing, Baker-Polito Administration Launch CommonWealth Builder, a Landmark Initiative to Expand Homeownership and Wealth-Building Opportunities in Communities of Color Across Massachusetts
MassHousing, together with the Baker-Polito Administration, today announced the launch of the $60 million CommonWealth Builder Program, a landmark initiative to address the racial homeownership gap in Massachusetts by creating new homeownership and wealth-building opportunities in communities of color. It is the largest state-level program of its kind in the nation. “We are committed to combatting systemic inequities and promoting homeownership and building wealth in communities of color is a key part of that effort,” said Governor Charlie Baker.
PHFA Provides Final Data for 2020 Pandemic Mortgage Assistance Program
After five months of administering CARES financial assistance for homeowners, the Pennsylvania Housing Finance Agency is providing final summary data about the performance of the Pandemic Mortgage Assistance Program, which started accepting applications on July 6. The initial program deadline was Sept. 30, but that deadline was extended by an executive order from Governor Tom Wolf on Oct. 5. As a result, PMAP accepted applications through Nov. 4. PMAP was fully administered by PHFA. A table providing county-by-county data for PMAP is available on the PHFA website.
DCHFA Finances New Affordable Development in Takoma
During the holiday season the District of Columbia Housing Finance Agency (DCHFA) continued to finance affordable housing throughout the District. On December 22 DCHFA issued $21.5 million in tax-exempt bond financing and underwrote $9.8 million in four percent low income housing tax credits (LIHTC) for a new development at 218 Vine Street in Ward 4’s Takoma neighborhood. “The development of 218 Vine Street will provide a new 100 percent affordable rental housing community in a thriving neighborhood with access to transportation, where affordable housing has dwindled.
Governor Kelly Announces First Statewide Housing Needs Assessment in 27 Years
Governor Laura Kelly today announced that a planning and design firm with extensive statewide experience will lead Kansas’ first comprehensive housing needs assessment in nearly 30 years. RDG Planning & Design, an Omaha-based consultancy, will conduct an in-depth discovery process, assess current housing opportunities and identify goals, and develop strategic initiatives to guide the state’s future housing development efforts.
DCHFA Finances the Redevelopment of Sursum Corda in NoMa
The DCHFA is funding another transformational development in NoMa. On December 10th DCHFA issued $23 million in tax-exempt bond financing and underwrote $15.7 million in four percent LIHTC for the redevelopment of Sursum Corda. “DCHFA is committed to financing affordable rental housing across all eight wards of the District. The redevelopment of Sursum Corda will provide its returning and new residents with a new community at price points within their income range in a neighborhood that has seen a flurry of development activity all around the Sursum Corda area,” stated Christopher E. Donald, Interim Executive Director, DCHFA.
Agency Retains Top FHA Loan Servicer Ranking
North Dakota Housing Finance Agency (NDHFA), the state agency that provides residents, typically first-time buyers, with home purchase assistance, continues to be ranked a Tier 1 Federal Housing Administration (FHA) loan servicer. “This has been a challenging year for many North Dakotans,” said Dave Flohr, NDHFA executive director. “Our loan servicing staff has worked hard to help borrowers facing financial difficulties understand the options available to them so they can continue to be successful homeowners.”
PHFA Provides Final Tallies for the CARES Rent Relief Program
After five months of administering CARES financial assistance for renters, the Pennsylvania Housing Finance Agency is providing final summary data about the performance of the Rent Relief Program, which started accepting applications on July 6. The program was extended by an executive order from Governor Tom Wolf on Oct. 5; it accepted applications through Nov. 4. For the CARES Rent Relief Program (RRP), all 67 participating county organizations have now submitted their final performance data, and that data has been confirmed. A table providing key performance metrics is available on the PHFA website.
