HFA News
Heather Schell Selected as CHFA’s General Counsel
Colorado Housing and Finance Authority (CHFA) is pleased to announce Heather Schell has been selected to serve as CHFA’s general counsel and assistant secretary. CHFA’s board of directors appointed Schell in December 2019 following a nationwide search. “CHFA is an excellent organization with an important mission in Colorado. It has been such a privilege to work at CHFA over the past seven years, and I’m honored to serve as its new general counsel.
Governor Wolf Announces Funding to Rehabilitate Historical Building for Behavioral Health Center in Downtown Scranton
Governor Tom Wolf today announced that Commonwealth Cornerstone Group (CCG) has completed a New Markets Tax Credit (NMTC) transaction of $7 million with the Scranton Counseling Center (SCC) to help fund the adaptive reuse of a historic cornerstone building at 329 Cherry Street in downtown Scranton. The rehabilitated building will be the site of SCC’s behavioral health clinic and administrative offices, as well as a pharmacy and primary health clinic to provide support services for the clinic’s clients.
Hogan Administration Announces $3 Million to Revitalize Baltimore’s Historic Lexington Market
Governor Larry Hogan today announced a $3 million bridge loan through the Department of Housing and Community Development's Neighborhood BusinessWorks program for the revitalization of Baltimore's historic Lexington Market. The loan will support three months of construction work for the estimated $38.5 million redevelopment project. The Neighborhood BusinessWorks bridge loan will also enable the Lexington Market project to meet certain financing requirements to secure additional New Market Tax Credit resources.
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.
Senior Housing Bond Funds Awarded By MaineHousing, Drives Over $45.8 Million for Affordable Housing & Maine’s Economy
MaineHousing has awarded $14.5 million of the senior housing bond approved by voters in 2015 and signed by Governor Janet Mills in 2019. The bond, combined with MaineHousing resources and other funds, will generate over $45.8 million to build 212 new affordable housing units for Mainers aged 55 and older. “These awards are another welcome step forward for older Mainers,” said Governor Janet Mills.
Iowa Finance Authority Launches New Portal to Attract Bond Investors in 2020
The Iowa Finance Authority today launched a new resource portal aimed at attracting more investors to its municipal bond offerings. The new investor relations portal is introduced in advance of two upcoming bond sales scheduled for January and February. The portal offers investors a single location to access detailed information about the bond sales, agency credit fundamentals and the ability to register to receive alerts as financial documents are updated.
DCHFA Mourns Executive Director & CEO, Todd A. Lee
It is with great sadness that we announce that Todd A. Lee, Executive Director and CEO of the DC Housing Finance Agency (DCHFA), died yesterday. The entire DCHFA staff mourns this loss, and our thoughts and sympathies go out to the Lee family during this trying time.
2020 PHFA Housing Policy Fellow Named
The Pennsylvania Housing Finance Agency has named Rachel Fawcett as its inaugural housing policy fellow. Fawcett will receive a financial stipend of up to $12,000 during 2020 to conduct research benefiting the affordable housing industry. In the process, she will gain valuable experience aiding her professional development. “Rachel was chosen from a group of highly qualified applicants,” said PHFA Executive Director and CEO Brian A. Hudson Sr.
Funding Awards will Support the Development of Zero Net Energy Housing for Rhode Islanders
RIHousing and the Rhode Island Office of Energy Resources (OER) announced today the award of funds to develop highly energy efficient housing for low- and moderate-income Rhode Islanders. The pilot program, Zero Energy for the Ocean State (ZEOS), is the result of a public-private partnership between RIHousing, OER and National Grid to explore innovative, replicable solutions to utilize cost saving, clean energy technologies in homes.
