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HFA News

HFA News

HFAs: Send press releases to press@ncsha.org.

Governor Hogan Announces New Application Round for Opportunity Zone Microgrants

Governor Larry Hogan today announced that the third application round of Opportunity Zone Microgrant Funding will openĀ tomorrow, Tuesday, Oct. 4, allowing eligible small businesses seeking to expand within designated Opportunity Zones to apply for microgrants ranging from $50,000 to $100,000. The Opportunity Zone Microgrants will be distributed through the Neighborhood BusinessWorks program administered by the Maryland Department of Housing and Community Development (DHCD).

MaineHousing Pauses Emergency Rental Assistance Program

MaineHousing Thursday announced it had paused accepting new applications to the Emergency Rental Assistance Program as the agency awaits word on its request for additional federal funding.

Kentucky Housing Corporation Names Award for Longest Serving Executive Director, Recognizes Outstanding Leaders at Annual Conference

Known as the father of affordable housing in Kentucky, F. Lynn Luallen has left his mark throughout the Commonwealth. He had an innate ability to relate to any audience and he made both customers and employees feel welcome and heard.

DCHFA Funds Market-Rate to Affordable Housing Rehabilitation at Ridgecrest Village

The District of Columbia Housing Finance AgencyĀ (DCHFA) has financed the rehabilitation of Ridgecrest Village Phase I in Ward 8ā€™s Shipley Terrace neighborhood.

Re-Fund The Police: Governor Hogan Announces Applications Now Open For Additional Community Safety Works Grants

Governor Larry Hogan today announced that applications are now being accepted for the stateā€™s second round of grant funding for the Community Safety Works program.

CHFA Awarded Over $500,000 for Housing Counseling

Colorado Housing and Finance Authority (CHFA) has been awarded a $501,942 grant to support housing counseling agencies located throughout Colorado.

Governor Hogan Announces Nearly $32 Million In Affordable Rental Housing Awards

Governor Larry Hogan today announced nearly $32 million in project awards through the Maryland Department of Housing and Community Developmentā€™s (DHCD) 2022 application round for federal Low Income Housing Tax Credits (LIHTC) and state Rental Housing Funds. Funds have been awarded to 12 projects as part of the competitive round. Nine additional noncompetitive awards were made through the Multifamily Bond Program, bringing the total awards to 21.

Shreedhar Ranabhat to Serve as WHEDA Director of Commercial Lending

Wisconsin Housing and Economic Development Authority (WHEDA) has promoted Shreedhar Ranabhat to serve as director of commercial lending. The commercial lending team focuses on deploying capital and resources to finance multifamily affordable housing and business development projects throughout the State of Wisconsin. Ranabhatā€™s team is responsible for reviewing and allocating housing tax credits and administering the financing cycle, including application processing, underwriting, closing, construction, and loan conversion.

Lt. Gov. Crouch, IHCDA Announce Major Investment in Affordable Housing

Lt. Gov. Suzanne Crouch and the Board of Directors for the Indiana Housing and Community Development Authority (IHCDA) announced five developments have received awards from the Low-Income Housing Tax Credit (LIHTC) program, in conjunction with Multifamily Tax Exempt Bonds. This funding is used to incentivize private developers to fund the acquisition, rehabilitation and construction of affordable housing communities throughout Indiana.

Over $30M in Financial Assistance Distributed to Georgia Homeowners to Date

Congressman David Scott, (GA-13) and Georgia Department of Community Affairs (DCA) Commissioner Christopher Nunn announced the launch of the Georgia Homeowner Assistance Fund (HAF) in January and nearly $30M has been expended to Georgian homeowners since the programā€™s inception.Ā