• September 28, 2009
    Treasury Seal.jpg

    The U.S. Treasury plans to kick off a fresh $15 billion liquidity and mortgage bond purchase program to assist state finance agencies providing mortgages to low-income borrowers, Bloomberg said, citing a person familiar with the matter.

  • September 28, 2009
    CBS News

    State and local housing agencies would receive up to $35 billion under a plan being considered by the Obama administration, according to a report in Monday's Wall Street Journal.

  • September 28, 2009
    Bloomberg News
    Treasury Seal.jpg

    State housing agencies in the U.S. would get help in providing mortgages to low-income borrowers under a U.S. Treasury Department program to provide new liquidity and purchase mortgage bonds, Treasury officials said.

  • September 2, 2009
    New Hampshire.jpg

    Bedford, NH – At its recent meeting, New Hampshire Housing Finance Authority’s Board of Directors approved the reservation of federal program funds totaling $23 million for six development projects that will add 135 new affordable rental units to the state’s housing supply.

  • August 25, 2009

    While some economists believe home prices will remain low for the foreseeable future, other buyer-friendly incentives could disappear soon. If you've been on the fence about buying a home, here are some reasons to explore the other side:

  • August 20, 2009

    Maryland Department of Housing and Community Development (DHCD) Secretary Raymond A. Skinner has authorized 15 multifamily rental housing projects to receive $33,526,411, including $31.7 million in funding through the federal Tax Credit Assistance Program (TCAP). TCAP is a component of the American Recovery and Reinvestment Act of 2009 and provides additional funding to eligible projects that have already received federal Low Income Housing Tax Credits through DHCD’s traditional competitive application process for rental housing funds.

  • August 19, 2009
    The Epoch Times

    Four affordable housing developments in Harlem and East New York are the first in the nation to begin construction using federal economic stimulus funds.

  • August 14, 2009
    Smart Money

    As the housing downturn weighed on the nation’s regional markets differently, states responded with varying degrees of help. If you happen to live in a state (or are looking to move to one) that is actively propping up its housing sector, you may have the opportunity to save big when buying a home.

  • August 11, 2009
    New York Times

    The federal government is offering tax credits for first-time home buyers. Now the state of New York is sweetening the pot.

    The State of New York Mortgage Agency, or Sonyma, which provides mortgages for low- and moderate-income borrowers, is expected to announce this week that it will offer federal income tax credits to certain first-time buyers, equal to 20 percent of annual mortgage interest costs.

  • July 8, 2009
    The Wall Street Journal

    New York City announced Wednesday a pilot program to turn empty or stalled condominium developments into affordable housing, an idea consumer advocates have been pushing for years.