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HFA News

HFA News

PA Governor Wolf Announced Tax Credits to Revitalize ‘Mill 19’ – Site of Former Steel Mill in Hazelwood

Governor Tom Wolf announced that Commonwealth Cornerstone Group (CCG) has completed a $15 million New Markets Tax Credit (NMTC) financing transaction that will support the adaptive reuse and redevelopment of ''Mill 19,'' a riverfront brownfield site that is part of the planned Hazelwood Green project in Pittsburgh's Hazelwood community.

DCHFA Financing Preserves Affordable Housing in Chinatown

The District of Columbia Housing Finance Agency (DCHFA) issued $39 million in bond financing for the preservation of Wah Luck House Apartments (800 6th Street NW).

Home Buying Boosted for 8,000 Low-Wealth North Carolinians; NC HFA Generates $1 Billion in Mortgage Activity

More than 8,000 North Carolina families celebrated in new homes this holiday season thanks to $1 billion in mortgage activity from the North Carolina Housing Finance Agency.

Social Media Users Help CHFA Donate $4,043 to Sweet Dream in a Bag

Colorado Housing and Finance Authority (CHFA) was pleased to donate $4,043 to Sweet Dream in a Bag, a local nonprofit that comforts children in poverty with gifts of brand-new bedding.

Second Phase of Renovation of the E. Henry Twiggs Estates Commences, Closing of $10.8 Million in MassHousing Financing

BOSTON, MA -- December 19, 2017 -- MassHousing has provided $10.8 million in financing to the nonprofit developer Home City Development, Inc, to advance the second phase of the substantial rehabilitation of the 136-unit E. Henry Twiggs Estates in Springfield. The project will complete major renovations of 61 scattered-site apartments for low-income families in the Mason Square neighborhood of Springfield.

MassHousing Closes on $22.6 Million to Renovate and Reconstruct 112 Affordable Units in Cambridge

MassHousing closed on $22.6 million in financing for the nonprofit developer Just-A-Start Corporation (JAS) for the acquisition and renovation of 112 affordable apartments in Cambridge, including the new construction of a 16-unit building at 50 York Street that was destroyed in a devastating, 10-alarm fire in December 2016.

SDHDA Introduces New Program For Recent Graduate Homebuying Assistance

South Dakota Gov. Dennis Daugaard announced on December 29, 2017 that South Dakota Housing Development Authority (SDHDA) has launched a brand new program aimed at assisting postsecondary graduates in purchasing a first home in South Dakota.

New LHC program to increase affordable housing in LA flood-impacted areas

The Louisiana Housing Corporation (LHC) released a Notice of Funding Availability (NOFA) for the Restore Louisiana Piggyback Program totaling more than $33 million in Community Development Block Grant-Disaster Recovery (CDBG-DR) funds to address long-term housing needs in parishes impacted by the 2016 floods.

MassHousing Honors Top Originators of First Mortgage Loans for Fiscal Year 2017

MassHousing has honored the top originators of first mortgage loans from 27 of the Agency's lending partners for providing MassHousing home loans for low- and moderate-income Massachusetts residents.

SDHDA Awards $9 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 million in funding for housing activities.