Iowa Finance Authority Awards Central Iowa Shelter & Services $2.7 Million for Construction of 24-Unit Apartment Building in Des Moines
The Iowa Finance Authority Board of Directors recently awarded $2.7 million to Central Iowa Shelter & Services to construct 24 studio apartments that will provide supportive housing for homeless clients who are ready to transition into independent living. The funding is made available through the National Housing Trust Fund program.
Over $1.7 million has been reserved for 118 loans through Florida Housing Finance Corporation’s (Florida Housing) new homeownership programs in the following Hurricane Michael impacted counties: Bay, Calhoun, Franklin, Gadsden, Gulf, Holmes, Jackson, Liberty, Taylor, Wakulla and Washington.
Kentucky Housing Corporation (KHC), the state housing finance agency, announces Lisa Beran as its new interim executive director and chief executive officer after Edwin King announced his resignation to enter the private sector.
DCHFA was selected by the National Association of Black Journalists to receive its 2019 Salute to Excellence Award in the PR & Marketing Campaigns – Government category. The competition is the only event in the United States that honors exemplary coverage of African/ African-American people or issues exclusively.
The Washington State Housing Finance Commission has approved a total of $88 million in financing for the new construction or preservation of 380 affordable apartments across western Washington. “These projects will contribute construction jobs and commercial space to their communities while providing critically needed homes for seniors and those experiencing homelessness,” said Karen Miller.
The DCHFA closed out the month of July with the issuance of $19.5 million in bond financing and underwrote $12 million in low income housing tax credit equity for the construction of The Strand Residences, 86 affordable apartment homes in the Deanwood neighborhood of Washington, D.C. (Ward 7).
The Hogan administration today announced the results of the Maryland Department of Housing and Community Development's most recent application round for federal Low Income Housing Tax Credits and state Rental Housing Funds.
A ribbon-cutting ceremony today marked the completion of Ivy Square Apartments, a major rehabilitation project which overhauled a 156-apartment community affordable to families. The event was attended by New Jersey Housing and Mortgage Finance Agency (NJHMFA) Executive Director Charles A. Richman.
The most recent data in New Hampshire Housing Finance Authority’s new Housing Market Report reflect an ongoing demand and need for single-family and rental housing to keep pace with the state’s strong economy and low unemployment rate.
In Fiscal Year 2019 (FY19), the Wisconsin Housing and Economic Development Authority (WHEDA) provided mortgage loan funding to 3,703 individuals and families totaling $480. 8 million. This is the third largest funding total in WHEDA history and the best since 2007, just before the housing crisis hit in 2008. “Our affordable housing mission continues to grow at a rapid pace,” said WHEDA Single Family Director David Rouse.
Colorado Housing and Finance Authority (CHFA) is pleased to announce that Gov. Jared Polis has appointed Michelle Miles, Trinidad mayor pro-tem, as a new member of CHFA’s board of directors. In addition, Gov. Polis has reappointed Max Tyler and Julie Brewen to CHFA’s board. Tyler is a former state representative and current chair of CHFA’s board. Brewen is the executive director of Housing Catalyst and current secretary/treasurer of CHFA’s board.
Affordability Extended at Reading Housing Community for Seniors and Disabled Residents Resulting From $10.2 Million in MassHousing Financing
Senior citizens and disabled residents living at the 74-unit Peter Sanborn Place in Reading will have their affordable rents extended for at least 24 years and will see property improvements as a result of $10.2 million in MassHousing affordable housing financing to the non-profit Affordable Housing and Services Collaborative (AHSC) and First Church in Malden Homes, Inc.