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HFA News

HFA News

Low-Income Seniors Living in Boston Will See Extension of Affordability, Property Improvements, With $135.5 Million in Financing

MassHousing has provided a total of $135.5 million in financing to an affiliate of the non-profit Retirement Housing Foundation (RHF), to enable RHF to launch a major renovation of the 404-unit Symphony Plaza in Boston, and extend affordability at the property for at least 30 years.

Worcester Housing Community to Undergo Renovations, Extension of Affordability for Low-Income Households With $16.4 Million

MassHousing has closed on $16.4 million in affordable housing financing to the WinnCompanies, for the rehabilitation and long-term preservation of the historic 180-unit Wellington Community in Worcester.

State Housing Board Approves $10 Million for Developments in New Orleans

The Louisiana Housing Corporation (LHC) Board of Directors awarded more than $10 million for the construction and rehabilitation of four privately-owned affordable housing developments.

Major Renovation of the 52-Unit Burbank Gardens in Boston is Underway, Resulting from $14.3 Million in MassHousing Financing

MassHousing has provided a total of $14.3 million in financing to the nonprofit Fenway Community Development Corporation, for the renovation and preservation of 52 affordable housing units at the Fenway CDC’s Burbank Gardens community in Boston’s Fenway Neighborhood. The MassHousing financing package will enable major renovations at the four-story development, and will resolve expiring affordability challenges at the property by extending affordability in perpetuity.

Gov. Edwards Appoints New Orleans Attorney Derrick Edwards to State Housing Board

Governor John Bel Edwards has appointed Derrick Edwards to serve on Louisiana Housing Corporation's Board of Directors to represent the 2nd congressional district.

Iowa Finance Authority Awards Habitat for Humanity Affiliates $100,000 to Advance Affordable Housing Opportunities

The Iowa Finance Authority Board of Directors today awarded a total of $100,000 in State Housing Trust Fund grants to advance affordable housing opportunities in Boone and Storm Lake.

Iowa Finance Authority Awards City of Newton $450,000 Workforce Housing Loan for Historic Hotel Maytag Renovation

The Iowa Finance Authority Board of Directors today approved a $450,000 low-interest loan to the City of Newton for the development of new workforce rental housing as a part of the renovation of the historic Hotel Maytag.

Louisiana Balance of State Continuum of Care Awarded $16 Million to End Homelessness

The Louisiana Balance of State Continuum of Care (LA BoSCoC), led by the Louisiana Housing Corporation (LHC) and Louisiana Housing Authority (LHA), has been awarded more than $16 million from the U.S. Department of Housing and Urban Development (HUD) to continue the fight to end homelessness.

MassHousing Closes on $17.1 Million in Financing for the Creation of New, 102-Unit, Affordable Housing Community in Lawrence

MassHousing has closed on a total of $17.1 million in financing to an affiliate of Trinity Financial, Inc., for the creation of a new, 102-unit, affordable housing community in Lawrence.

SDHDA Hosting Meetings to Identify Housing and Community Development Priorities

South Dakota Housing Development Authority (SDHDA), in partnership with the Governor's Office of Economic Development (GOED), will be hosting four public meetings around the state to discuss housing and community development priorities.