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HFA News

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MSHDAā€™s Annual Public Housing Agency Plan Receives Approval for 2022-2023 Fiscal Year

The Michigan State Housing Development Authority (MSHDA) Board has approved the annual fiscal year 2022-2023 Public Housing Agency (PHA) plan, which outlines the policies, operations and strategies for MSHDAā€™s Housing Choice Voucher (HCV) program. Approval for the annual PHA plan came during the Boardā€™s March meeting. The HCV program helps approximately 28,000 homeless and extremely low-income individuals and families annually through rent subsidies in private homes or apartment buildings. Approval for the 2022-2023 fiscal year supports the five-year PHA plan adopted January 1, 2019.

California Mortgage Relief Program Releases Community Toolkit to Increase Awareness, Assist Partners and Applicants

The California Mortgage Relief Program, which launched at the end of 2021, released a new toolkit encouraging community organizations to help raise awareness about this new financial resource for homeowners who are behind on housing payments as a result of financial hardships stemming from the pandemic.

Kentucky Housing Corporation Honors Top Lenders

Kentucky Housing Corporation (KHC), the state housing finance agency, recognized its 2021 top lending partners today at the 17th Annual Recognition Awards held virtually via social media. Kentuckians who received a KHC home loan in 2021 worked with one of more than 90 partnering lender banks and mortgage companies in communities across the state. KHC offers loans for first-time and repeat home buyers with down payment assistance, and refinancing options for current homeowners.

Governor Hochul Announces Construction Underway On $39 Million Affordable and Supportive Housing Development as Part of $1.4 Billion Vital Brooklyn Initiative

Governor Hochul today announced the start of construction on a $39 million affordable and supportive housing development as part of the State's $1.4 billion Vital Brooklyn Initiative. Located in Bedford Stuyvesant, The Hart will include 57 sustainable and permanently affordable apartments with 38 supportive homes for chronically homeless seniors and families. In addition, The Hart will be home to a mental health outpatient program and a new primary care center to be operated by One Brooklyn Health.

New Hampshire Housing Announces Three Staff Promotions

Ben Feost was named Deputy Executive Director and Chief Legal Officer, having served most recently as Managing Director of New Hampshire Housingā€™s Policy, Planning and Communications group. Frost manages external relations, legislative initiatives, communications, research, and strategic planning, and provides legal guidance on program implementation. He frequently presents on issues concerning affordable and workforce housing, land use law, and ethics.

Housing Finance Agency Named to 2022 Best Mortgage Companies to Work For

North Dakota Housing Finance Agency (NDHFA) has been named one of the 2022 Best Mortgage Companies to Work for by National Mortgage News and the Best Companies Group. ā€œNorth Dakota Housing Finance Agency is honored to be recognized as one of the 2022 Best Mortgage Companies to Work for,ā€ said Dave Flohr, the agencyā€™s executive director.

California Housing Finance Agency Reporting Wins Fourth Consecutive Award for Excellence

The Government Finance Officers Association of the United States and Canada has once again awarded its highest forms of recognition to the California Housing Finance Agency (CalHFA). For the fourth consecutive year, CalHFA earned a Certificate of Achievement for Excellence in Financial Reporting for its 2019-2020 Comprehensive Annual Financial Report and Popular Annual Financial Report, which give detailed accountings of CalHFA's financial position for both financial professionals and the layperson.

CalHFA Board Member Appointments

The California Housing Finance Agency saw two key members of its Board of Directors, Eileen Gallagher and Frederick P. White, reappointed by Governor Gavin Newsom this week. They will serve alongside James Cervantes, who was appointed to the CalHFA Board of Directors earlier last month.

TDHCA Launches Texas Homeowner Assistance Fund

The Texas Department of Housing and Community Affairs (TDHCA) announced today the Texas Homeowner Assistance Fund (TXHAF) is now available for qualified homeowners who need help with past due mortgage payments and related expenses due to financial hardships associated with the COVID-19 pandemic. Eligible households could receive up to $40,000 for past due mortgage payment assistance, and up to $25,000 to pay past due property taxes, property insurance, and delinquent homeowner association (HOA) and/or condo association fees.

Housing Agency Awarded Grant to Support Counseling Programs

North Dakota Housing Finance Agency (NDHFA) has been awarded a $72,840 housing counseling grant by the U.S. Department of Housing and Urban Development (HUD). The agency will split the grant between two affiliate organizations ā€“ Community Action Opportunities of Minot and Southeastern North Dakota Community Action Agency of Fargo.