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HFA News
WHEDA Awarded $7.5 Million from Capital Magnet Fund
The U.S. Department of the Treasury's Community Development Financial Institutions Fund has awarded the Wisconsin Housing and Economic Development Authority a Capital Magnet Fund grant of $7.5 million.
Agency Accepting Affordable Housing Development and Assistance Program Applications
North Dakota Housing Finance Agency (NDHFA) is currently accepting applications for affordable rental housing development assistance and funding for homeownership and rental assistance programs for low-income households.
CalHFA Celebrates Helping Thousands of California Homebuyers
The California Housing Finance Agency is pleased to announce that it surpassed its lending goal of $2 billion for Fiscal Year 2021-22, helping more than 5,600 California buy their first home.
DCHFA’s Investment Expands Affordable Housing in Ward 4
The District of Columbia Housing Finance Agency (DCHFA) closed out the month of June by financing the construction of Shepherd Park Apartments. On June 30, 2022, DCHFA issued $16.3 million in tax exempt bonds and underwrote $1.8 million in Low Income Housing Tax Credits for the construction of 66 new affordable apartments at 7428 Georgia Avenue NW in Ward 4.
Confidence in VHFA Bonds Increases Ahead of Bond Sale
Strong financial performance contributed to a rating upgrade from Aa2 to Aa1 for Vermont Housing Finance Agency (VHFA)'s multiple purpose social bonds from Moody's Investor Service last week. Aa1 is the second highest possible rating from Moody’s.
Connect Maryland: Governor Hogan Announces More Than $127.6 Million for Broadband Grants
Governor Larry Hogan today announced that, through the state’s Connect Maryland initiative, the Office of Statewide Broadband has awarded more than $127.6 million to local jurisdictions, Internet Service Providers, educational, and community organizations to increase high-speed internet access and affordability.
Governor Hogan Announces Project Restore Now Accepting Additional Applications from New or Expanding Maryland Businesses
Governor Larry Hogan today announced the opening of the second application round for Project Restore, an economic recovery initiative that provides financial incentives for small businesses and commercial developers to revitalize vacant retail and commercial space.
MassHousing Closes on $8.5 Million in Financing for the Final Phase of the Woodland Cove Affordable Rental Housing Community in Wareham
MassHousing has closed on $8.5 million in affordable housing financing to Dakota Partners, Inc., to support the final phase of development of the Woodland Cove housing community in Wareham.
Governor Hochul Announces $104 Million Awarded to 16 Developments Across New York to Provide 864 Affordable Homes
Governor Kathy Hochul today announced that $104 million has been awarded to create or preserve 864 affordable homes in 16 separate developments across New York. The funding announced today will further local economic development initiatives, expand the housing supply in every region, fight homelessness with supportive services for vulnerable populations, and help close the digital divide for lower-income households.
Virginia Housing Awards $46 Million to 25 Redevelopment and Housing Authorities in the Commonwealth
Virginia Housing has allocated a percentage of its annual REACH resources to support public housing revitalization. (REACH is a multifaceted resource that Virginia Housing uses to support vital housing initiatives through its Homeownership, Rental and Community Outreach programs).
