HFAs: Send press releases to press@ncsha.org.
HFA News
Iowa Finance Authority Celebrates Record Number of Home Buyers Assisted, Goes for Guinness World Record
The Iowa Finance Authority (IFA) helped 3,337 Iowans purchase a home in 2019, the most in the agencies’ history. To celebrate the community benefits of homeownership, IFA invites the public to help them break the Guinness World Record for the most people decorating gingerbread houses simultaneously. The event will be held in partnership with the Des Moines Downtown Winter Farmers’ Market at Hy-Vee Hall on Saturday, Dec. 14 at 9:30 a.m.
Florida Housing Board Approves Funding in Hurricanes Irma and Michael Impacted Counties
The Florida Housing Finance Corporation (Florida Housing) Board of Directors during today’s board meeting unanimously approved funding for 23 developments in hurricane-impacted counties in Florida. This past July and August, Florida Housing issued requests for applications (RFAs) offering Community Development Block Grant- Disaster Recovery (CDBG-DR) and Rental Recovery Loan Program (RRLP) funding for the construction of both affordable and workforce housing in Hurricanes Irma and Michael impacted areas.
NJHMFA Celebrates Rehabilitation of Apartments Affordable to Families in Newark
A ribbon-cutting ceremony today marked the completion of the major rehabilitation of a decades-old building with 200 apartments affordable for working families in the city’s Central Ward. New Jersey Housing and Mortgage Finance Agency (NJHMFA) executive staff attended the ceremony. The project, 440 Washington Street, was co-developed by BRP Companies, based in New York City, and the St. James A.M.E. Development Corporation.
Groundbreaking Marks Start of New Affordable Apartments, Supportive Housing in Mercer County
A groundbreaking today kicked off the construction of Freedom Village at Robbinsville, which will provide 72 apartments affordable to families as well as supportive housing for special needs residents and was funded in part by the New Jersey Housing and Mortgage Finance Agency (NJHMFA). NJHMFA executive staff attended the ceremony.
SDHDA Awards $9.2 Million for Affordable Housing in South Dakota
South Dakotans will be seeing additional housing development and preservation across the state. South Dakota Housing Development Authority’s (SDHDA) Board of Commissioners approved the award of more than $9.2 million in funding for housing activities. The developments will receive $2.7 million in Housing Tax Credits, $2.9 million in HOME Investment Partnership Program funds, $1.5 million in Housing Opportunity Funds and $2.1 million in Housing Trust Funds.
MassHousing Commits $7.9 Million in Financing for New, 51-Unit Mixed-Income Rental Housing Community in Revere
MassHousing has committed $7.9 million in affordable housing financing to the non-profit The Neighborhood Developers (TND) for the construction of the 571 Revere Street in Revere. The MassHousing financing will allow The Neighborhood Developers to construct 51 units of new affordable housing for households across a broad range of incomes, including 19 new workforce housing units.
MassHousing Closes on Financing for New, 14-Unit Workforce Housing Community on a Vacant Parcel in Dorchester
MassHousing has provided a total of $4.1 million in affordable housing financing to TLee Development LLC, for the construction of 14 new energy-efficient apartments on a vacant parcel at 191 Talbot Avenue, in Dorchester. All 14 of the new apartments will be deed-restricted workforce housing units affordable to moderate-income households.
Like It Forward: CHFA Donates $12,695 to La Puente
The donation was the result of Like It Forward, CHFA’s annual Corporate Giving social media campaign. Over the course of three weeks, CHFA invited the public to visit CHFA’s social media channels to like and share posts featuring information and stories about La Puente’s impact in Alamosa and the San Luis Valley. For each like and share the posts received, CHFA donated $5 to La Puente.
Vermont Housing Finance Agency Completes Successful Sale of State Tax Credits
Vermont Housing Finance Agency (VHFA) worked with local financial institutions to fund affordable homes that will be sold to low- and moderate-income Vermonters. Passumpsic Bank, Mascoma Bank, Union Mutual Insurance, Community National Bank, and Union Bank invested in Vermont Affordable Housing Tax Credits available through VHFA.
Fiscal Year 2020 Maryland Housing Counseling Fund Awards Announced
These awards will support 40 nonprofit and local government organizations that provide housing counseling services including homebuyer education, pre-purchase counseling and financial capability coaching; as well as, counseling and legal assistance to avoid foreclosure. Funds may also be used by these organizations to increase operational capacity to serve more clients.
