HFA News
Governor Hochul Announces Completion of 102-Unit Affordable Housing Development in the Fordham Neighborhood of the Bronx
Governor Kathy Hochul today announced the completion of St. James Terrace, a new $64 million development adjacent to the historic St. James Episcopal Church with 102 affordable apartments, including 51 with on-site supportive services for people struggling with homelessness and a Community Center that will offer a variety of programs and a weekly food pantry.
Connecticut Housing Finance Authority Receives $2 Million Award from Capital Magnet Fund to Expand Affordable Housing for Very Low-Income Renters
The Connecticut Housing Finance Authority (CHFA) has been awarded $2 million from the U.S. Department of the Treasury’s Capital Magnet Fund (CMF), matched by $2 million from CHFA’s own funds, to invest in the creation of more than 350 affordable rental units throughout Connecticut.
Bath Homeowners Secure Stability and Security with $3 Million Purchase of Their Manufactured Home Community
The residents of Royal Oaks Cooperative have successfully purchased their 33-home manufactured home community for $2.95 million last week, marking a significant milestone as the second resident owned community (ROC) in the state.
Federal Home Loan Bank of Indianapolis Partners with Michigan State Housing Development Authority to Launch Rate Relief Mortgage Program
In an effort to make homeownership more accessible and affordable in Michigan, the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis or the Bank) and the Michigan State Housing Development Authority (MSHDA) have created the MSHDA Rate Relief Mortgage Program to benefit low-income, first-time homebuyers in the state.
Time To Own Program Reopens with $40 Million in New Funding
The Connecticut Housing Finance Authority (CHFA) is pleased to announce the reopening of the Time To Own program, made possible by a new allocation of $40 million approved by the State Bond Commission at its October 22 meeting.
OHFA Adds Staff in the Multifamily Housing and Residential Lending Offices
The Ohio Housing Finance Agency (OHFA) is proud to share that Eric Walker, Enzo Vian, Kathy Carroll, and Rachael Usselman have joined the OHFA team and Rae Snedegar and Michael Hamm have been promoted.
Round Two LIHTC Awards to Build or Preserve 853 Affordable Homes
In July, Kansas Housing received 19 applications for the 4% Low Income Housing Tax Credit (LIHTC), equating to more than $362 million in Private Activity Bonds (PABs) for the second of two application rounds.
KHC Presents Phase II of Housing Supply Gap Analysis to Kentucky Housing Task Force
Kentucky Housing Corporation (KHC) presented today at a meeting of the Kentucky Housing Task Force, a special legislative committee formed in early 2024 to better understand and address, through policy, the housing shortage throughout the Commonwealth.
Grand Opening for Terracina at the Dunes
Housing Finance Officer Kevin Brown was in Marina on Thursday, October 10 on behalf of CalHFA at the Grand Opening for Terracina at The Dunes, a 142-unit affordable housing development.
