MassHousing Honors Residential Mortgage Services and Boston’s Department of Neighborhood Development for Their Commitment to Affordable Homeownership
MassHousing recognized RMS for its success originating MassHousing home mortgage loans in the Commonwealth’s 26 Gateway Cities. In fiscal year 2018, RMS helped more Massachusetts homebuyers purchase a home in a Gateway City than any other partner in MassHousing’s lender network. In FY18, RMS originated 156 home loans in the Gateway Cities, for $31.1 million in total financing. Overall in FY18, RMS originated 316 MassHousing loans in Massachusetts, for $67 million in mortgage financing.
PHFA recognized the work of the state’s private sector housing counselors today during an event at the Harrisburg Hilton. These counselors help PHFA achieve its housing mission by assisting state residents with questions about homeownership, home foreclosure, budgeting and their personal credit score so they can make better informed housing decisions. Most recently, some counseling agencies have also started providing money management education, as well.
Today, Kim Herman, executive director of the Washington State Housing Finance Commission, will be inducted into the national Affordable Housing Hall of Fame. The recognition by Affordable Housing Finance magazine will be presented today in a ceremony at the Affordable Housing Developers Summit in Chicago, Ill. Each year, AHF honors four leaders who have made a notable difference in the lives of low-income Americans.
Iowa Finance Authority Awards $2.7 Million to Build Permanent Supportive Housing for Addiction Recovery Center in Dubuque
The Iowa Finance Authority Board of Directors recently awarded $2.7 million to nonprofit Manasseh House/Operation Empower to fund the construction of Liberty Recovery Community, an addiction recovery center with permanent supportive housing in Dubuque. The funding was made available through the National Housing Trust Fund program.
The Iowa Finance Authority Board of Directors today approved a $360,000 low-interest loan to the City of Garner for the construction of twelve new workforce rental townhomes. The award was made through the Workforce Housing Loan program, which provides financial assistance in the form of low-cost repayable loans to cities and counties.
The Iowa Finance Authority Board of Directors today awarded $100,000 to Habitat for Humanity of Iowa to support the creation of a new statewide mobile disaster response team. The team’s efforts will first be focused on assisting with home damage caused by the July 19, 2018 tornado in Marshalltown.
The New Jersey Housing and Mortgage Finance Agency (NJHMFA) has invited hospitals statewide to participate in a $12 million innovative partnership program promoting investment in affordable and supportive housing in their communities.
The New Jersey Housing and Mortgage Finance Agency (NJHMFA) board has taken action to further the Murphy administration’s stepped-up efforts to provide quality housing counseling to New Jersey residents with a nearly $250,000 federal grant dedicated toward expanded services.
State and local officials, including New Jersey Housing and Mortgage Finance Agency Executive Director Charles A. Richman (NJHFMA), marked the groundbreaking today of 72 affordable rental apartments for families – the next phase in the redevelopment of a dilapidated and obsolete public housing complex in the city’s Centerville neighborhood.
Iowa Finance Authority Marks 25,000 Affordable Homes Assisted through State Housing Trust Fund and Showcases Community College Construction Technology Partnership
The Iowa Finance Authority and the Chariton Valley Housing Trust Fund today celebrated the 25,000th home assisted by the State Housing Trust Fund in Centerville. Officials also highlighted Chariton Valley Housing Trust Fund’s successful partnership with Indian Hills Community College’s construction technology program.