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HFA News
Pennsylvania Homeowner Assistance Fund Increases Funding Cap Amounts to Maximize Assistance to Homeowners
Even more relief has arrived for eligible homeowners in the Commonwealth who are struggling with their mortgage payments or other housing expenses as a result of COVID-19 pandemic-related financial hardships.
Iowa Finance Authority Awards Nearly $5 Million to Support Homelessness Assistance Initiatives
The Iowa Finance Authority (IFA) Board of Directors recently approved more than $4.7 million in federal and state grants to assist 44 agencies with homelessness assistance initiatives during the 2023 calendar year.
Iowa Finance Authority Awards Federal Housing Tax Credits for the Construction of 36 Rental Homes for Seniors in Iowa City
The Iowa Finance Authority Board of Directors today awarded nearly $1 million in federal housing tax credits to support the construction of the new NEX Senior housing development in Iowa City. The project will include a total of 36 affordable rental homes for seniors.
$50 Million in New Markets Tax Credits Awarded to Support Community Development
The Colorado Growth and Revitalization Fund (CGR Fund), administered by Colorado Housing and Finance Authority (CHFA), announced today it has been awarded $50 million in New Markets Tax Credits (NMTC). The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded $5 billion in NMTC to 107 entities throughout the nation.
Governor Hochul Announces Start of Construction on $50 Million Affordable and Supportive Housing Development in Brownsville
Governor Kathy Hochul today announced that construction is now underway at The Rise, a $50 million, 72-unit affordable and supportive housing development in Brownsville, Brooklyn. In addition to being 100 percent affordable, the development will offer an array of health, wellness, employment and legal services to support residents and benefit the surrounding community.
Kentucky Housing Corporation and Habitat for Humanity of Henderson Dedicate Home Build 75
“I never thought I would have a real home,” said Karen Raber in December 2021 to a small crowd gathered at the groundbreaking for what would become her first house. Nearly a year later, that "real home" now complete, Kentucky Housing Corporation (KHC), Habitat for Humanity of Henderson, and others joined Karen at her new house to celebrate the milestone with a formal dedication and key ceremony.
State of Maryland Announces Three New Sustainable Communities
The Maryland Department of Housing and Community Development announced today two towns in Washington County and one town in Wicomico County have been named Maryland's newest Sustainable Communities. With the addition of Boonsboro, Pittsville, and Smithsburg, the State of Maryland’s Smart Growth Subcabinet has designated 126 Sustainable Communities across Maryland since the creation of the program in 2010.
Youth Homelessness Demonstration Program Funds Awarded
North Dakota Homeless Continuum of Care (CoC) with assistance from a Youth Action Board awarded nearly $2 million through the Youth Homelessness Demonstration Program (YHDP) to local service providers. The CoC is a communitywide commitment to the goal of preventing and ending homelessness in the state.
Hogan Administration Announces $5 Million Committed to Biopharmaceutical Company Through State Small Business Credit Initiative
The Maryland Department of Housing and Community Development (DHCD) today announced $5 million of its State Small Business Credit Initiative (SSBCI) funds have been committed to Clene Nanomedicine, Inc., a biopharmaceutical company with manufacturing operations in Elkton that is dedicated to improving the treatment of neurodegenerative diseases.
Gov. Whitmer Announces Launch of MI-HOPE Program Awarding $10 Million for Energy-Efficiency Focused Housing Repairs and Upgrades
Governor Gretchen Whitmer and the Michigan State Housing Development Authority (MSHDA) have launched the Michigan Housing Opportunities Promoting Energy Efficiency (MI-HOPE) program, awarding ten million dollars to local governments and nonprofit organizations throughout the state for energy-efficiency focused housing repairs and upgrades.
