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HFA News
Governor Hochul Announces $145 Million Awarded to 21 Developments Across New York to Provide Nearly 1,200 Affordable Homes
Governor Kathy Hochul today announced more than $145 million has been awarded to create or preserve 1,178 affordable homes in 21 separate developments across New York. The funding announced today will further pandemic recovery efforts, fight homelessness, help close the digital divide for lower income households, and expand access to safe and sustainable affordable housing opportunities that advance the state's clean energy goals.
Hogan Administration Announces More Than $7 Million in Community Development Block Grant Awards
Maryland Department of Housing and Community Development Secretary Kenneth C. Holt today announced that $7 million will be awarded through the Community Development Block Grant program. The funding will support 17 projects in 11 counties, including improvements to infrastructure and community facilities and programs serving seniors, persons with disabilities and low- to moderate-income individuals.
Maryland Department of Housing and Community Development Issues First Social Bonds in Agency’s History
Maryland Department of Housing and Community Development Secretary Kenneth C. Holt announced the issuance of the first ever ‘Social Bonds’ to be sold by the department. The department’s bond-issuing entity, the Community Development Administration, issued over $251.7 million in Residential Revenue Bonds, the first to be designated as Social Bonds in agency history.
Like It Forward: CHFA Donates $18,035 to the Family and Intercultural Resource Center
Colorado Housing and Finance Authority (CHFA) is donating $18,035 to the Family and Intercultural Resource Center (FIRC), a nonprofit organization that serves Summit County families by providing education and financial resources. FIRC is a community leader in cultural integration, resource and referral services, emergency services, family support, and early childhood development.
RIHousing Announces Second Round of Funds to Bridge the Digital Divide
RIHousing today announced the availability of a second round of “Bridging the Digital Divide” funds to support innovative and long-term sustainable projects to increase internet access for low- and moderate-income households across the state. The program provides financial resources to eligible organizations and municipalities in support of initiatives to expand and support free or low-cost internet access.
Governor Hogan Announces Nearly $63 Million for State Revitalization Program Awards
Governor Larry Hogan today announced new awardees for six state revitalization programs administered by the Maryland Department of Housing and Community Development (DHCD). Nearly $63 million was awarded to 214 projects and activities that promote community development and economic growth. All 23 counties and Baltimore City received awards through one or more of the six programs.
Florida Housing Applauds Governor DeSantis’ Freedom First Budget Recommendations
Today, Governor Ron DeSantis unveiled his Freedom First Budget proposal providing $355.5 million for affordable housing programs from the State and Local Government Housing Trust Funds. Funding at the full level continues to show the Governor’s leadership and commitment to safely housing our citizens, a must have for Florida’s essential workforce. Florida Housing Board Chairman Ron Lieberman said, “Providing sustainable, affordable housing for families, especially home ownership, in Florida continues to be the mission of Governor DeSantis and the Florida Housing Finance Corporation.
MassHousing Closes on $28.8 Million for the Refinancing and Extension of Affordability at the 145-Unit Council Tower for Senior Citizens in Roxbury
MassHousing has closed on $28.8 million in affordable housing financing to Council of Elders Housing Corporation for the refinancing and extension of affordability at the 145-unit Council Tower in Roxbury. As a result of the transaction, the Council Tower property, which houses lower-income senior citizens, will have affordability protections extended for 29 years. In addition to extending affordability, the 17-story housing community in Roxbury will undergo approximately $2 million in property improvements.
Governor Pritzker Announces Applications Now Open for Nearly $300 Million in Additional COVID-19 Emergency Assistance for Illinois Renters and Landlords
Building on Illinois’ COVID-19 support response for Illinois renters and landlords, the Illinois Housing Development Authority announced that applications are now open for the second round of the Illinois Rental Payment (ILRPP) program, which Governor Pritzker announced on October 27. The reopening of ILRPP will provide an additional $297 million to renters and landlords in an effort to prevent evictions and keep families safe and secure while they regain their financial footing.
CHFA Donates $554,500 to 38 Nonprofits with Second Round of 2021 Direct Effect Awards
Colorado Housing and Finance Authority (CHFA) is proud to announce its Round Two 2021 Direct Effect Award recipients. CHFA’s Direct Effect Awards recognize Colorado nonprofit organizations whose missions align with CHFA’s work to strengthen Colorado by investing in affordable housing and community development. The Direct Effect Awards are an integral part of this effort and serve as a reminder that immediate funding of community-based needs can make a direct and positive impact.
