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HFA News

HFA News

PHFA Extends Application Period for 2021 Housing Policy Fellowship

The Pennsylvania Housing Finance Agency today announced it is extending the deadline for people to apply for its 2021 Housing Policy Fellowship. Now in its second year, the fellowship has the goal of funding critical research in the housing field while also promoting leadership development. This fellowship will fund a maximum of 12 months of research on a pressing housing or community development topic. With a monthly stipend of $1,000, the maximum funding available will be $12,000.

PHFA Issues RFP for PHARE Funding to Support Local Housing Initiatives

The Pennsylvania Housing Finance Agency today is issuing a Request for Proposals soliciting applications from organizations for projects to improve the availability and affordability of housing across the commonwealth. Funding for this RFP is being provided through the Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) Fund. The total PHARE funding available this year exceeds $41 million. PHARE receives its funding from the impact fee levied on natural gas drilling companies and a portion of the Realty Transfer Tax.

Maryland Department of Housing and Community Development Announces Fiscal Year 2021 Application Round for State Revitalization Programs

The Maryland Department of Housing and Community Development is announcing the Fiscal Year 2021 application round for three State Revitalization Programs -  Community Legacy, Strategic Demolition Fund - Statewide (all non-Baltimore City) and the Baltimore Regional Neighborhood Initiative. These programs offer funding to support local housing, community and economic development, and other revitalization projects. They are part of the department's commitment to helping the state's local governments and nonprofit agencies achieve their community revitalization and economic development goals.

Hogan Administration Opens Application Period for $16 Million in Maryland Eviction Prevention Partnership Grants

Governor Larry Hogan today announced that Maryland's 24 local jurisdictions can begin applying for $16 million in Maryland Eviction Prevention Partnership grants, which will help support local rental assistance programs across the state. "Maryland was one of the first states in the nation to implement a moratorium on evictions for tenants affected by the COVID-19 pandemic, and we have backed that up with targeted relief programs," said Governor Hogan. "These grants will help ensure more of our citizens can remain safe and secure in their homes."

PHFA accepting bids for purchase of Mixed-Use Development Tax Credits

The Pennsylvania Housing Finance Agency announced today that it is accepting bids for the purchase of $3 million in Mixed-Use Development Tax Credits. The funds collected from successful bidders will be used for the construction or rehabilitation of mixed-use developments in Pennsylvania communities.  The deadline for bids is 2 p.m. on Wednesday, Sept. 30. These tax credits will be used by the winning bidders – which can be companies, organizations or individuals – to reduce their state tax liability.

Housing is Key Campaign Provides Information on Resources for Tenants, Landlords and Homeowners

Housing is key. It’s critical to ensure the health and safety of our families and communities, especially during COVID-19. On August 31, 2020, Governor Gavin Newsom signed the Tenant, Homeowner and Small Landlord Relief and Stabilization Act of 2020, extending eviction and foreclosure protections for Californians. Following the signing of the Act, Governor Newsom announced the launch of the Housing Is Key campaign, aimed at connecting renters and landlords experiencing economic hardship due to COVID-19 to resources and information.

RIHousing Launches New Program to Assist Rhode Island Renters

RIHousing today announced a new rental assistance program for eligible Rhode Island renters struggling to pay their rent as a result of the COVID-19 pandemic. The agency’s HOME Emergency Tenant Based Rental Assistance Program (HOME E-TBRA) will help low-to-moderate income families negatively impacted by the unprecedented loss of jobs and income due to COVID-19. “Rhode Islanders are facing unprecedented challenges as a result of COVID-19, and we should be making every effort to help families stay safely in their homes,” said U.S. Senator Jack Reed.

SC Housing County First Initiative: Closing the Gap in Rural Homeownership

Many in rural communities feel that they are the last in line when it comes to getting the services and resources they need. Whether it is having access to broadband to stay connected, medical care for health problems, or buying a home in a community that they love, they often lag behind more urban areas. But the South Carolina State Housing Finance and Development Authority (SC Housing) is changing all of that with the launch of its new County First Initiative for these homebuyers. 

Brookline Housing Community for Lower-Income Senior Citizens Will See Extensive Renovations and the Extension of Affordability with $25 Million in MassHousing Financing

MassHousing has provided $25 million in financing to the Brookline Housing Authority (BHA) to provide significant improvements to the 99-unit Morse Apartments and extend the affordability for lower-income senior citizens living there for at least 75 years. MassHousing is supporting the rehabilitation of Morse Apartments with $25 million in short and longer-term financing through the Agency’s Conduit Loan Program. 

DCHFA Funds the Construction of a Second Assisted Living Community

The DCHFA is financing the construction of Ward 7’s first assisted living community, The Residences at Kenilworth Park. On August 28, DCHFA issued $58 million in bond financing and underwrote $20 million in four percent low income housing tax credit (LIHTC) for this 157 apartment development. “At DCHFA we finance affordable housing solutions for District residents at all stages in their lives. We are fully committed to supporting seniors and welcome this opportunity to invest in affordable assisted living with on-site support services east of the river, which will allow residents to age in place,” stated Christopher E. Donald, Interim Executive Director.