Columbia, SC attorney and South Carolina State Housing Finance and Development Authority (SC Housing) Commissioner Kenneth E. Ormand, Jr. has been elected President of the National Conference of State Housing Boards (NCSHB). NCSHB provides educational and training opportunities for state housing finance authority board members to help them govern their agencies most effectively.
Five Hoboken public housing complexes heavily damaged in Superstorm Sandy will receive $12.8 million in financing from the New Jersey Housing and Mortgage Finance Agency (NJHMFA) to continue needed repairs, improve housing for residents and make the buildings more resilient against future storms. The buildings, which are vulnerable to flooding, are owned by the Hoboken Housing Authority (HHA) and provide over 1,150 affordable apartments for families and seniors.
Following her successful first year as Chair of the Board of Directors of the National Council of State Housing Agencies (NCSHA), California Housing Finance Agency (CalHFA) Executive Director Tia Boatman Patterson was reelected to the Board leadership role at the organization’s Annual Conference last week. Boatman Patterson has been an active participant in NCSHA since she was appointed to lead CalHFA in 2014.
Brookline Affordable Housing Community for Senior Citizens and Residents with Disabilities Will See Extensive Renovations and the Extension of Affordability with the Closing of $25 Million in MassHousing Financing
MassHousing has provided $25 million in financing to the Brookline Housing Authority (BHA) to provide significant improvements to the 100-unit Arthur O’Shea House located at 61 Park Street in Coolidge Corner. The MassHousing financing will allow the BHA to make comprehensive renovations to the property, which is home to lower-income senior citizens and residents with disabilities, and to help ensure affordability at the property in perpetuity.
In 1971, then US Senator Fritz Hollings said, “Poverty is a wheel with several spokes. On this wheel you've got the spoke of health, the spoke of housing, job training, job opportunity and rehabilitation.” At that time, hunger was seen as one of the state’s most pressing problems. Today a different challenge dominates the state (and nation)—a growing, pressing need for available and affordable housing.
South Dakota Housing Development Authority (SDHDA) presented its “Friend of Housing” Award to Dick Werner at the annual statewide housing conference. This is the twentieth year of SDHDA presenting the award to an individual who has made a commitment to affordable housing in South Dakota through their contributions, achievements and vision. As a former legislator and county commissioner, Werner spent many years advocating the importance of affordable housing all across South Dakota.
New Jersey Housing and Mortgage Finance Agency (NJHMFA) Executive Director Charles A. Richman, local officials and The Michaels Organization today celebrated the completion of the major renovation of 64 townhomes that will preserve historic properties and affordable homes for families in Camden. Cooper Plaza Historic Townhomes involved the restoration of a five-block section of homes near Cooper University Hospital and the city’s downtown business district, close to jobs, transportation, shopping and schools.
Governor Wolf Announces New Funding to Help Create a New Shopping Center with Supermarket in Reading
Governor Tom Wolf today announced that CCG has completed a NMTC transaction of up to $8 million to rehabilitate a former automotive dealership site into a mixed-use retail shopping center in Reading. “This large, vacant parcel of land was having a negative effect on nearby neighborhoods, discouraging investment and reducing home values,” said Gov. Wolf.
The National Council of State Housing Agencies (NCSHA) has recognized the Louisiana Housing Corporation (LHC) for outstanding work on its inaugural Connections conference, held in Baton Rouge in April. The national award acknowledges LHC’s commitment to helping elected leaders and housing professionals learn, share and develop effective initiatives that address affordable housing challenges.
A ribbon-cutting ceremony today celebrated the completion of the transformation of The Pierre, a nearly 90-year-old Art Deco building in the city’s Cooper Street Historic District, into 32 mixed-income apartments funded in part by the New Jersey Housing and Mortgage Finance Agency (NJHMFA). NJHMFA Executive Director Charles A. Richman attended. The Pierre, a six-story building at 306 Cooper St., was built in 1932 as a hotel and was later converted into an apartment building.