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South Dakota Housing Development Authority Welcomes New Board Member

Gov. Kristi Noem has appointed Preston Steele to the South Dakota Housing Development Authority (SDHDA) Board of Commissioners. Steele serves as the chief executive officer of American Trust Insurance in Huron. He has a bachelor’s degree in business management with a finance emphasis from the University of South Dakota. “We are excited to have Preston joining us,” said Mark Lauseng, Executive Director. “His experience and background in banking and development will be a valuable addition to the Board of Commissioners.”

Hud Awards Over $74 Million in Grants to Support Affordable Rental Housing for Extremely Low-Income Persons with Disabilities

Washington – The U.S. Department of Housing and Urban Development today announced the award of over $74 million in grants to 12 state housing finance agencies to support affordable rental housing...

MassHousing Closes on $87.2 Million in Financing for the Renovation and Extension of Affordability at the 300-Unit 808 Memorial Drive in Cambridge

MassHousing has closed on a total of $87.2 million in affordable housing financing to the non-profit Homeowners Rehab, Inc. (HRI), for the modernization and preservation of affordability at the 300-unit 808 Memorial Drive in Cambridge. The MassHousing financing will allow HRI to extend affordability protections at the property by at least 15 years, and to invest substantially in property renovations. The 300 apartments are contained in two high-rise buildings on Memorial Drive along the Charles River. 

Temporary Policy Allowing Purchase of Qualified Loans in Forbearance Extended

Washington, D.C. – To support homeowners and mortgage lenders, the Federal Housing Finance Agency (FHFA) approved an extension of the temporary policy that allows for the purchase of certain...

NCSHA Washington Report | July 31, 2020

“Interest in housing as a determinant of health has fluctuated in response to housing-related infectious disease outbreaks (e.g., cholera in New York City in the 1830s), social unrest and class...

NCSHA Receives Grant from Robert Wood Johnson Foundation to Advance Healthy Housing

Initiative Will Identify Opportunities for State Housing Finance Agency Leadership The National Council of State Housing Agencies (NCSHA) today announced it has received funding from the Robert Wood...

Lisa Ford Joins New Hampshire Housing’s Homeownership Team

Lisa Ford recently joined New Hampshire Housing’s Homeownership Division as Senior Manager, Partner Relationships. Ford will be responsible for creating and managing relationships with participating lenders and originators, professional mortgage organizations, real estate professionals, and others involved with mortgage programs and homeownership. Ford previously was a mortgage loan officer with Bank of New Hampshire, is a Certified Mortgage Professional (CMP) and a licensed real estate broker.

Gov. DeSantis Extends Executive Order on Foreclosures and Evictions

As the Florida Housing Finance Corporation (Florida Housing) continues to remain open and continuing all business activity, we want to keep Florida families and stakeholders abreast of housing updates. In Executive Order 20-180, Governor DeSantis extended Executive Order 20-94 that provides targeted, temporary relief from certain mortgage foreclosures and evictions until September 1, 2020, without relieving an individual’s obligation to make mortgage payments and rent.

LHC Announces City of New Orleans and Finance Authority of New Orleans (FANO) Partnership

The Louisiana Housing Corporation (LHC) has announced its partnership with the City of New Orleans and Finance Authority of New Orleans (FANO) to provide more affordable housing opportunities and community stability to the City of New Orleans. Through their Cooperative Endeavor Agreement, the Louisiana Housing Corporation is extending access to FANO that allows them to pair their multifamily revenue bonds with LHC's non-competitive 4% Low-Income Housing Tax Credits.

Boatman Patterson Re-Appointed as California Housing Finance Agency Executive Director

Tia Boatman Patterson was re-appointed as Executive Director of the California Housing Finance Agency by Governor Gavin Newsom on Tuesday. The position requires state Senate confirmation. Boatman Patterson was originally appointed to the post by Governor Edmund G. Brown Jr. in 2014, after she served on CalHFA’s Board of Directors, and the Agency has flourished during her time at the helm.

Secretary Carson Praises Confirmation of Dana Wade as New FHA Commissioner

Washington - U.S. Department of Housing and Urban Development Secretary Ben Carson today applauded the confirmation of Dana Wade to serve as the Federal Housing Administration’s (FHA) Commissioner....

Senate Republicans Unveil Coronavirus Relief Plan, Setting Stage for Negotiations with House Democrats

On July 27, Senate Majority Leader Mitch McConnell (R-KY) began releasing a series of bills that together constitute the Republicans’ proposal for the next coronavirus relief package. The approximately $1 trillion proposal is the result of lengthy negotiations with the White House and internal discussions among Senate Republicans, yet reportedly some Republican Senators may still not support the plan.