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HFA News
MassHousing Closes on $13.2 Million for the Refinancing, Renovation and Extension of Affordability of the 84-Unit Roslindale House for Senior Citizens in Boston
MassHousing has closed on $13.2 million in affordable housing financing to Roslindale Senior Housing Corporation, an affiliate of Rogerson Communities, for the refinancing, renovation and extension of affordability for at least 26 years for senior citizens living at the 84-unit Roslindale House in Boston.
Homeless Continuum of Care to Conduct Point-in-Time Count
On Jan. 26, 2022, the North Dakota Homeless Continuum of Care (ND CoC) will conduct a Point-in-Time (PIT) Count of the people in the state who are experiencing homelessness. “The data gathered during the homeless continuum of care’s PIT count is used to identify strengths and service gaps, increase public awareness, measure progress, and assist local entities with system planning and responses,” said Dave Flohr, North Dakota Housing Finance Agency (NDHFA) executive director.
Hogan Administration Announces the First Catalytic Revitalization Tax Credit Award
The Maryland Department of Housing and Community Development announced the first recipient of the State of Maryland’s Catalytic Revitalization Tax Credit, designed to rehabilitate formerly government-owned properties for economic and community development purposes. The Warfield Companies received a $15 million state tax credit for their ongoing project to redevelop a historic mental health facility and surrounding area in Sykesville into a mixed-use community.
Statewide Homeless Count to Be Conducted
The Point-In-Time homeless count is an important source of annual data, providing characteristics of people who are experiencing homelessness. Data from the annual PIT homeless count is used to measure homelessness on local, state, and national levels.
Governor Hogan Announces Enhanced Benefits for Utility and Electric Assistance to Address Rise in Heating Costs
Governor Larry Hogan today announced that, to address the rise in heating costs, recipients of the state’s utility and electric assistance will receive enhanced benefits during this home heating season. The state is also increasing funding for weatherization assistance programs to improve energy conservation.
Ken Pulido Joins VHFA as Director of Energy Finance
Executive Director Maura Collins announced that VHFA has selected Ken Pulido (he/him) of South Burlington in the newly created role of Director of Energy Finance. Pulido has a Bachelor’s Degree in Mechanical Engineering from the University of California-Irvine and an MBA from Stanford University.
Governor Hochul Announces Nearly $1 Billion in Financing for Affordable Housing
The developments will leverage an additional $379 million in private funding to create an overall investment of nearly $1.4 billion to further local economic development efforts, reduce homelessness, and advance New York's commitment to expanding safe, secure and healthy housing opportunities for individuals and families.
Landlord Incentive Program Continues in 2022
Today MaineHousing is announcing it will make up to $750,000 in funding from the state Housing Opportunity for Maine (HOME) Fund available to continue its partnership with the state’s public housing authorities for its statewide Landlord Participation Incentive Program.
DCHFA Finances the Agency’s First Affordable Housing Development of 2022
DCHFA has started the new year by financing the rehabilitation of Cascade Park Apartments. On January 7, 2022, the Agency issued $11.1 million in tax exempt bonds for the acquisition and rehabilitation of 59 of the units (two buildings) at the Ward 8 property. “Closing a deal for an affordable housing transaction is a great way to begin the new year. This is the first of many developments that the Agency’s multifamily team is working to fund to create and preserve beautiful, healthy affordable housing.
Financing to Create and Preserve Affordable Multi-Family Housing in Conway, Manchester & Nashua Approved by New Hampshire Housing Board
Financing for four affordable multi-family rental housing developments which will provide a total of 232 units was approved by the New Hampshire Housing Board of Directors at its December meeting. Once constructed, this housing will help meet the critical need to build and preserve affordable rental housing for our state’s workforce and other residents.
