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HFA News

HFA News

Iowa Finance Authority Announces Availability of New Data on Demographics, Economics and Housing

The Iowa Finance Authority today announced the availability of new economic and housing data and forecasts. The information is available on the Iowa Profile, a centralized and interactive collection of demographic, economic and housing data. The Profile was commissioned by the Iowa Finance Authority and developed by Western Economic Services, LLC.

MassHousing Closes on $5.5 Million in Financing for 62 New Units of Mixed-Income Rental Housing for Senior Citizens in Brookline

MassHousing has closed on a total of $5.5 million in affordable housing financing to 2Life Communities for the development of the Harold and Ronald Brown Family House, which will create 62 new, mixed-income, service-rich, rental housing units for senior citizens in Brookline. 2Life Communities will develop the new supportive housing on a parcel near Coolidge Corner through a ground lease with Congregation Kehillath Israel (KI).

PHFA Issues RFP to Fund Mixed-Use Development Projects

The Pennsylvania Housing Finance Agency today is issuing a Request for Proposals for new construction or the rehabilitation of mixed-use projects seeking financial support. Funding will be provided through the Community Revitalization Fund Program. Mixed-use projects combine residential and retail/commercial space in the same building and often serve as a catalyst for neighborhood revitalization. The deadline for proposal submission is 2 p.m. on Oct. 18.

Hogan Administration Announces Fiscal Year 2020 Community Development Block Grants

Governor Larry Hogan today announced Community Development Block Grant (CDBG) awards for Fiscal Year 2020. The Maryland Department of Housing and Community Development will administer more than $4.2 million in CDBG funding for nine community development and infrastructure projects. "These awards reinforce my administration's strong support of projects and initiatives in rural Maryland," said Governor Hogan.

CHFA Invests in Preservation and Resident Ownership of Longmont Mobile Home Community

Colorado Housing and Finance Authority (CHFA) is pleased to announce it has partnered with ROC USA® Capital and Impact Development Fund on a unique transaction to support the preservation of The Longmont Mobile Home Community (Longmont MHC) by converting its structure to a resident-owned cooperative. This cooperative (LMP Co-op) eliminates the homeowners’ risk of displacement, gives them more control over lot rent fluctuations, and preserves affordable homeownership in Longmont.

Hogan Administration Announces Nearly $10 Million Rural Broadband Expansion

"Maryland is ranked number one in America for having the fastest internet and we have been working hard to provide high-speed internet to every county in the state," Governor Hogan said. "Today I'm announcing that we will provide an additional $10 million this year as the first installment of a five-year $100 million initiative that will finally provide another 225,000 Marylanders in rural communities with access to reliable and affordable high-speed internet services."

Demand for Affordable Senior Housing Remains Strong

Beyond Shelter Inc. (BSI) is set to mark the completion of the second phase of HomeField Apartments by hosting a Grand Opening Celebration and Ribbon Cutting at the property, 4235 28th Ave S, in Fargo, ND, on Aug. 22, 2019, at 11 a.m. The nonprofit continues to see strong demand for the affordable senior housing it has developed in the community. HomeField 2 is the fifth such project completed over the last six years.

Iowa Finance Authority Awards Central Iowa Shelter & Services $2.7 Million for Construction of 24-Unit Apartment Building in Des Moines

The Iowa Finance Authority Board of Directors recently awarded $2.7 million to Central Iowa Shelter & Services to construct 24 studio apartments that will provide supportive housing for homeless clients who are ready to transition into independent living. The funding is made available through the National Housing Trust Fund program.

Hurricane Michael Homeownership Housing Relief Receives 118 Loans

Over $1.7 million has been reserved for 118 loans through Florida Housing Finance Corporation’s (Florida Housing) new homeownership programs in the following Hurricane Michael impacted counties: Bay, Calhoun, Franklin, Gadsden, Gulf, Holmes, Jackson, Liberty, Taylor, Wakulla and Washington.

Lisa Beran Appointed as New Interim Executive Director of Kentucky Housing Corporation

Kentucky Housing Corporation (KHC), the state housing finance agency, announces Lisa Beran as its new interim executive director and chief executive officer after Edwin King announced his resignation to enter the private sector.