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HFA News

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

Keynote Speaker Lineup Unveiled for 2022 Governorā€™s Conference on Housing and Economic Development

Lieutenant Governor and New Jersey Department of Community Affairs (DCA) Commissioner Sheila Y. Oliver today announced that HUD Region II Regional Administrator Alicka Ampry-Samuel and City of Newark Mayor Ras J. Baraka will headline as keynote speakers for the 2022 Governorā€™s Conference on Housing and Economic Development.

Governor Hochul and Mayor Adams Announce Groundbreaking on $189 Million Affordable and Supportive Housing Development in the Bronx

Governor Kathy Hochul and New York City Mayor Eric Adams today announced the groundbreaking on a $189 million affordableĀ housing development in the Morris Heights section of the Bronx. Starhill Phase I will feature 326 affordable apartments, including 200 homes with supportive services for individuals experiencing homelessness.Ā 

MassHousing Closes on $16.4 Million for the Refinancing and Preservation of Affordability at the 99-Unit Stony Brook Court in Sharon

MassHousing has closed on $16.4 million in affordable housing financing to South Norfolk Elderly Housing Services, Inc. for the preservation and improvement of the 99-unit Stony Brook Court in Sharon.ā€ÆAs part of the transaction, affordability protections for senior citizens living at the property will be extended for at least 39 years.

MassHousing Closes on $10 Million for the Refinancing and Extension of Affordability at the 65-Unit Chestnut Gardens Apartments in Lynn

MassHousing has closed on $10 million in affordable housing financing to Preservation of Affordable Housing (POAH), to refinance the 65-unit Chestnut Gardens Apartments in Lynn and extend affordability protections for lower-income senior citizens and residents with disabilities living at the property for at least 25 years.ā€Æā€ÆĀ 

Governor Hochul Announces Completion of $64 Million Affordable Housing Development in White Plains

Governor Kathy Hochul today announced the completion of a $64 million mixed-use affordable housing development in the city of White Plains. The Overture at Brookfield Commons is the second phase of redevelopment at the Winbrook Houses campus, a 450-unit public housing development constructed in 1949.

Arizona Cities Can’t Reject Projects and Complain About a Lack of Affordable Housing

Arizona made an unprecedented commitment in this yearā€™s budgetĀ to increase affordable housing development in our state. The $60 million earmarked for the Arizona Housing Trust Fund, managed by the Arizona Department of Housing, is a first-of-its-kind appropriationĀ aimed at tackling our statewide housing shortage.

MassHousing Closes on $16.8 Million in Financing for the Adaptive Reuse of the Zelma Lacey House in Charlestown for Senior Citizensā€Æ

ā€ÆMassHousing has closed on $16.8 million in affordable housing financing to the non-profit Affordable Housing and Services Collaborative (AHSC) and Peabody Properties, for the redevelopment of a three-story Charlestown property into 48 units of affordable, independent living housing for senior citizens.Ā 

Iowa Finance Authority and Iowa Association of REALTORSĀ® Announce Inaugural Iowa Homeownership Incubator Competition

The Iowa Finance Authority (IFA) and the Iowa Association of REALTORSĀ® (IAR) today announced the inaugural Iowa Homeownership Incubator. The Incubator is a challenge to Iowa lending institutions and real estate professionals to think innovatively about advancing financial literacy around homeownership among all Iowans, with the winning idea receiving $20,000 to implement.

Funding Available for the Development of Affordable Housing

South Dakota Housing Development Authority (SDHDA) is inviting developers to submit applications for funding for the development of affordable housing. Funding can be utilized to assist communities in addressing their local housing needs.

Pritzker Administration Awards $12 Million in Rebuild Illinois Funds for Affordable Housing Preservation

Governor JB Pritzker and the Illinois Housing Development Authority (IHDA) Board announced today conditional awards totaling nearly $12 million in Rebuild Illinois funding that will provide critical improvements to 27 affordable housing developments throughout Illinois.