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HFA News

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MassHousing Provides $41.2 Million in Financing for New, 150-Unit Mixed-Income Housing Community for Families and Students in Sunderland

MassHousing has closed on $41.2 in affordable housing financing to Landmark Properties, Inc., for the newly constructed, 150-unit, North 116 Flats in Sunderland. Located three miles north of the University of Massachusetts at Amherst, and adjacent to a bus line that runs into downtown Amherst and UMass Amherst, North 116 Flats was developed under the stateā€™s comprehensive permit law, Chapter 40B. North 116 Flats offers 38 family apartments affordable to households earning at or below 80 percent of the Area Median Income (AMI).

Continuum of Care Accepting RFPs for Youth Homelessness Assistance

North Dakotaā€™s Homeless Continuum of Care (CoC) is accepting Request for Proposals for the Youth Homelessness Demonstration Program (YHDP). ā€œUnderstanding the depth of youth homelessness is challenging in a rural state,ā€ said Dave Flohr, North Dakota Housing Finance Agency (NDHFA) executive director. "Through the YHDP, we are committed to ending youth homelessness in North Dakota.ā€

WHEDA Awards $23.3 Million in Federal and State Housing Tax Credits for 2022

Today the Wisconsin Housing and Economic Development (WHEDA) announced the award of $23.3 million in federal and state housing tax credits that will advance greater housing access and opportunity in Wisconsin through the creation of over 1,400 housing units. This yearā€™s housing tax credits awards support 23 housing projects in 20 communities statewide and cap a highly competitive process that drew requests totaling more than $49 million.

SDHDA Has Opened the Application Period for the 2022 Emergency Solutions Grants Program

South Dakota Housing Development Authority (SDHDA) is seeking applicants for the Emergency Solutions Grants Program. The Emergency Solutions Grants Program (ESG) is a federal block grant authorized by the McKinney Vento Homelessness Assistance Act and is funded by the US Department of Housing and Urban Development. The ESG program provides financing for short-term and medium-term rental assistance and services to stabilize and rapidly re-house individuals and households who are homeless or at risk of becoming homeless.

Rental Assistance Program to Close to New Applications

RIHousing announced today that the federally-funded RentReliefRI program will close to new applications on June 1, 2022. Launched in March of last year, the program provides financial assistance to cover rent arrears, forward facing rent, utility arrears and certain other housing expenses. Funded via the U.S. Treasury, the federally-funded RentReliefRI program provides up to 18 months of financial assistance to eligible Rhode Island renters impacted by the COVID-19 pandemic.

PHFAā€™s 2022 Multifamily Affordable Housing Conference Plans Top-Notch Continuing Education for the Stateā€™s Housing Professionals

Registration is open for the Pennsylvania Housing Finance Agencyā€™s 2022 Multifamily Affordable Housing Conference planned for June 8-10 at Kalahari Resorts in Mount Pocono. This annual conference offers educational sessions and plenary speakers aimed at advancing the professional development of people working in the stateā€™s affordable housing field. More than 500 attendees are expected.

Executive Director Tiena Johnson Hall Confirmed by the California State Senate

Johnson Hall has been leading the Agency since being appointed in August by Governor Gavin Newsom, and previously spent seven years as a member of CalHFAā€™s Board of Directors. This confirmation by the full Senate comes after the Senate Rules Committee voted unanimously to confirm at the end of her April 20thĀ hearing.

Hogan Administration Awards More Than $1.7 Million Through the Community Investment Tax Credit Program

The Maryland Department of Housing and Community Development announced today the award recipients for the Community Investment Tax Credit Program. More than 100 nonprofit organizations, designated as 501(c)(3) organizations by the Internal Revenue Service, applied for these tax credits in order to attract private contributions to support projects or activities in communities located within a designated Priority Funding Area.

CHFA Awards $11.1 Million in Federal Tax Credits for Affordable Housing Development

The Connecticut Housing Finance Authority (CHFA) today announced awards of $11,138,589 in Federal 9% Low-Income Housing Tax Credits (LIHTC). The tax credits are estimated to generate more than $103 million in equity from private investors for eight proposed affordable multifamily housing developments in Connecticut. Federal tax credit allocations are based on population, and CHFA generally receives about $10 million in credits each year.

Governor Hogan Announces $200 Million Affordable Housing Package to Address Rising Costs

Governor Larry Hogan today announced that more than $200 million in financing tools and new programs will be made available to create new affordable housing opportunities in the state. The Maryland Department of Housing and Community Development (DHCD) will administer the funds to produce more than 6,000 additional units statewide amid rising construction costs and interest rates.