Access the latest Washington Report: Read More

Newsroom

HUD Awards $4.8 Million to Help Low-Income Veterans Rehabilitate Their Homes

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $4.8 million in funding through the Veterans Housing...

Opportunity Zone Target Investment Surges to Nearly $43 Billion Nationwide

WASHINGTON, DC — The amount of capital targeted for investment in designated Opportunity Zones increased dramatically over the past month, according to analysis by the National Council of State...

Opportunity Zone Target Investment Surges to Nearly $43 Billion Nationwide

The amount of capital targeted for investment in designated Opportunity Zones increased dramatically in the past month, according to analysis by NCSHA based on the most recent edition of its Opportunity Zone Fund Directory, released today. The 163 funds included in the current directory expect to raise nearly $43 billion in Opportunity Zone investment, up from $29 billion last month and nearly triple the amount anticipated at the start of 2019. This directory includes 20 new funds and details on fund size and geographic and investment focus for all the funds listed.

NCSHA Washington Report | July 12, 2019

When architect Dan Parolek coined the term “missing middle housing” in 2010, he was referring to types of buildings whose form falls between that of the typical detached single-family...

A New Approach on Housing Affordability

A growing number of Americans are struggling to cope with the high and rising cost of rental housing in the United States. On any given night last year, more than half a million Americans were...

HUD Makes Record $2.3 Billion Available to Support Thousands of Local Homeless Programs

WASHINGTON - In a continuing effort to prevent and end homelessness, the U.S. Department of Housing and Urban Development (HUD) today is making a record $2.3 billion available to support thousands of...

HUD Offers $150 Million to Provide Affordable Housing to People With Disabilities

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) is offering $150 million in grants to provide affordable housing to approximately 18,000 non-elderly persons living with...

CalHFA Helps Record 11,000th Homebuyer in One Year

Coming up with a down payment has become one of the biggest barriers to homeownership in California and across the nation, and the California Housing Finance Agency (CalHFA) is helping thousands of Californians overcome that barrier. The Agency helped more than 11,000 low- and moderate-income residents buy their first homes in Fiscal Year 2018-19, the most ever in its 44-year history.

NCSHA Washington Report | June 28, 2019

“Escalation of land prices adds an ever-bigger increment in the price of housing, and further explains the squeeze on low-income families seeking decent housing. Zoning was intended to...

NJHMFA Drops Mortgage Rates to 4.49% for First-Time Homebuyers

With a busy home buying season underway, the New Jersey Housing and Mortgage Finance Agency (NJHMFA) has cut the interest rate on its First-Time Homebuyer Mortgage, making it more competitive. NJHMFA mortgages paired with the Agency’s down payment assistance program have already opened the door of homeownership to more than 2,000 New Jersey residents since 2017.

Construction is Underway for the Renovation of the 285-Unit Millers River Apartments Affordable Housing Community in Cambridge with the Closing of $82 Million in MassHousing Financing

MassHousing has provided $82 million in financing to the Cambridge Housing Authority (CHA) for the extensive renovation of the Millers River Apartments, a 285-unit affordable housing community serving lower-income households in Cambridge. The transaction will also enable the CHA to extend affordability for the life of the property. MassHousing is supporting the rehabilitation of Millers River with $82 million in financing through the Agency’s Conduit Loan Program.

President Trump Signs Executive Order Establishing Council Focusing on Regulatory Barriers to Affordable Housing

On June 25, President Trump signed an Executive Order to establish the White House Council on Eliminating Barriers to Affordable Housing Development, headed by Secretary of Housing and Urban Development Ben Carson with members including the Secretaries or their designees from the departments of Treasury, Agriculture, Transportation, Energy, Labor, and Interior, and the Environmental Protection Agency.