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HFA News
POAH and Illinois Housing Development Authority to Launch $40 Million Renovation of Corcoran Place Apartments in Chicago’s Austin Neighborhood
Nonprofit developer Preservation of Affordable Housing (POAH) will begin long-awaited renovations later this month at Corcoran Place Apartments, a 94-unit affordable senior housing community on Chicago’s West Side, following the closing of $39.6 million in financing in late December.
MSHDA Invests $2.61 Billion to Expand Housing Opportunities for Nearly 45,000 Michiganders in FY 2025
The Michigan State Housing Development Authority (MSHDA) announced a historic Fiscal Year 2025, investing a record $2.61 billion in housing statewide and supporting nearly 45,000 low- and moderate-income Michiganders.
California Housing Finance Agency’s Historic Moody’s Rating Reflects Financial Strength
The California Housing Finance Agency is pleased to announce that Moody's Investor Service has recognized CalHFA's sound operations and strong balance sheet by upgrading its issuer rating to Aa1.
PHFA Launches New Program to Expand Rental Housing for Homeless and At-Risk Pennsylvanians
The Pennsylvania Housing Finance Agency today announced $35 million in funding is available through its new HOME-ARP program to create and preserve rental housing for at-risk or homeless Pennsylvanians.
Maine 2026 Housing Outlook Report Shows Progress and Challenges
MaineHousing is excited to present the 2026 edition of Maine’s Housing Outlook Report.
Virginia Housing Boosts First Generation Homeownership with FirstHome Dream Program
Through FirstHome Dream, Virginia Housing partners with a group of HUD-approved housing counselors to help first-generation homebuyers purchase their first homes.
MassHousing and the Massachusetts Community Climate Bank Finance Deep Energy Retrofits at Treehouse at Easthampton Meadow and the Brian J. Honan Apartments
MassHousing announced today that the Agency has closed on a total of $25.4 million in financing, including $13 million from the Massachusetts Community Climate Bank at MassHousing, to two affordable rental housing communities, Treehouse at Easthampton Meadow in Easthampton and the Brian J. Honan Apartments in Allston.
Avenues for Hope Housing Challenge Raises a Record $6.1 Million
Housing-focused nonprofits in Idaho received a big boost in December thanks to a record year for the 15th annual Avenues for Hope Housing Challenge. Together, 106 nonprofit organizations raised $6.1 million– a 17 percent increase from the previous high.
New York State Homes and Community Renewal Announces Tenant-Led Acquisition of Essex County Manufactured Home Park
New York State Homes and Community Renewal (HCR) Commissioner RuthAnne Visnauskas today announced that tenants at Cascade Acres Manufactured Home Park in the town of North Elba, Essex County, formed a partnership with a local affordable housing developer to purchase the 165-unit Park from their landlord, ensuring the long-term affordability of the community.
U.S. Department of the Treasury Awards $90 Million in New Markets Tax Credits to Colorado Growth and Revitalization Fund
The United States Department of the Treasury announced that it has allocated $90 million in New Markets Tax Credits (NMTCs) to the Colorado Growth and Revitalization (CGR) Fund.
