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HFA News

HFA News

Additional Funding Available for the Development of Affordable Housing

South Dakota Housing Development Authority (SDHDA) announces approximately $3.6 million available for the February application cycle. Funding consists of the HOME Investment Partnerships, Housing Trust Fund, and Neighborhood Stabilization programs. Funding can be utilized to assist communities in addressing their local housing needs. 

Like It Forward: CHFA Donates $2,650 to Care and Share Food Bank for Southern Colorado

Colorado Housing and Finance Authority (CHFA) was pleased to donate $2,650 to Care and Share Food Bank for Southern Colorado, 501(c)3 nonprofit that provides food to over 270 partner hunger-relief agencies across 31 counties in southern Colorado. The donation was the result of a three-week long social media campaign CHFA promoted called “Like It Forward.”

NJHMFA Celebrates Grand Opening of Rehabilitated Affordable Apartments for Families in Essex County

New Jersey Housing and Mortgage Finance Agency (NJHMFA) executive staff joined local officials and developer CB Cubed, LLC today to mark the completion of a major renovation of the Berkeley Terrace Apartments, a 152-unit affordable rental complex for families. The complex, located on Berkeley Terrace and Grove Street in Irvington, consists of one- to three-bedroom units in two-story, brick buildings.

Florida Housing Board Approves $30 Million for Hurricane Michael Impacted Counties

Florida Housing Board of Directors unanimously approved during today’s board meeting $30 million in HOME funds targeted towards counties most impacted by Hurricane Michael.  Florida Housing staff is now authorized to proceed with the development of a RFA for HOME Program financing and authorize the Executive Director to establish a review committee for the RFA to make recommendations for award to the board in May 2019.

FHLBank Pittsburgh and PHFA Announce Home4Good Funding Awards

FHLBank Pittsburgh and the Pennsylvania Housing Finance Agency (PHFA) announced today the 2018 Home4Good funding awarded to programs across the state working to reduce homelessness.  This year, FHLBank Pittsburgh provided $3 million toward the effort, and PHFA provided $1.5 million, for a total contribution of $4.5 million.

NJHMFA Celebrates Grand Opening of Mixed-Use, Mixed-Income Apartments in Monmouth County Financed by Sandy Recovery Funding

Cove on the Bay, a new mixed-income apartment and retail complex built on a vacant waterfront lot celebrated its grand opening today joined by New Jersey Housing and Mortgage Finance Agency (NJHMFA) Executive Director Charles A. Richman, local officials and representatives of RPM Development Group.

NJHMFA Marks Groundbreaking of Affordable Apartments for Families, Special Needs Residents in Camden County

New Jersey Housing and Mortgage Finance Agency (NJHMFA) executive staff joined local officials and representatives of developer Project Freedom today for a groundbreaking ceremony marking the start of a new 72-unit affordable apartment complex for families, which will include 18 units for residents with special needs.

MassHousing to Provide $1.5 Million in Workforce Housing Financing for New Rental Housing Community for Working Families on Cape Cod

MassHousing is providing $1.5 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of the Village at Nauset Green by Pennrose, LLC. The MassHousing workforce housing financing will allow the Village at Nauset Green, a new, 65-unit, rental housing community being built on a vacant parcel owned by the Town of Eastham, to be entirely affordable, while serving a broader range of working households than would have been possible otherwise.

DCHFA Closes the Month by Funding Two Developments on the Final Day of November

The District of Columbia Housing Finance Agency (DCHFA) closed out the month of November with the funding of $23.6 million in financing to create and preserve 138 units of affordable housing in the District. On November 30, the Agency issued $5.5 million in bond financing and underwrote $4 million in four percent low income housing tax credits (LIHTC) for Milestone Senior Housing (Ward 7).

RIHousing Bolsters Housing through Community Development Program

RIHousing’s Board of Commissioners last month approved $200,000 in funding for programs to support homeownership, financial counseling and green infrastructure activities. Funded via the agency’s Community Development Program (CDP), awards were made to six programs in Woonsocket, Providence and Pawtucket/Central Falls.