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HFA News
MaineHousing Announces Expanded Emergency Rental Assistance Program Eligibility
Today MaineHousing announced expanded eligibility for the Emergency Rental Assistance (ERA) program, increasing both the potential number of Maine people who can receive help paying their rent and utilities and the number of months they may receive assistance.
Commission Approves Expanded Mortgage Lending Capabilities for HFA
The North Dakota Industrial Commission has approved changes to North Dakota Housing Finance Agency’s (NDHFA) North Dakota Roots program that will allow the agency to finance mortgage loans for higher-income individuals and families and to refinance residential real estate loans.
Housing Development and Assistance Program Funds Available
North Dakota Housing Finance Agency (NDHFA) is currently accepting applications for programs that support affordable rental housing development and provide homeownership and rental assistance for low-income households. “These programs help address the housing needs of our state’s most vulnerable populations – low-wage workers, and individuals and families who are aging, are in need of an accessible home, and/or are at risk of homelessness,” said Dave Flohr, the agency’s executive director.
Tiena Johnson Hall is California Housing Finance Agency’s New Executive Director
The California Housing Finance Agency (CalHFA) will get a new Executive Director as Tiena Johnson Hall was appointed by Governor Gavin Newsom on Monday. Johnson Hall, who has been a member of CalHFA’s Board of Directors since November 2014, has served as a Senior Vice President and Manager of Community Development Finance for BBVA Compass Bancshares inc. since October 2014. Prior to that, she has held various housing positions in both the private and public sectors.
Governor Hogan Announces Nearly $30 Million in Awards for Broadband Infrastructure
Governor Larry Hogan today announced awards to expand broadband internet access to more than 12,000 households in 18 counties. Administered by the Maryland Department of Housing and Community Development’s Office of Statewide Broadband (OSB), $29,472,131 in grant funding will support network infrastructure projects by local internet service providers that will provide connectivity to unserved or underserved communities in Maryland.
WHEDA Opens Applications for Innovation Housing Tax Credits
Developers with innovative affordable housing projects designed to spark community revitalization and promote resident well-being are urged to apply for a new round of federal 9% housing tax credits allocated by the Wisconsin Housing and Economic Development Authority. The application period for this special round of housing tax credits is now open and will run until Sept. 3, 2021.
Governor Murphy’s FY2022 Budget Allocates $73 Million to NJHMFA to Advance Affordable Rental Housing and Homeownership Opportunities
Governor Phil Murphy‘s FY2022 budget and additional legislation allocates $73 million to New Jersey Housing and Mortgage Finance Agency (NJHMFA) to advance affordable rental housing and homeownership opportunities for low- and moderate-income families, older adults, and individuals with specialized housing needs. New Jersey has one of the most complex housing environments in the nation. Anyone watching the news, reading an article, or trying to buy or rent a home can see how challenging the state’s housing market has become since the inception of the COVID-19 pandemic.
Virginia Housing Announces $40 Million in Grant Funding for PDCs
A new source of funding will be helping Virginia’s Planning District Commissions provide more affordable housing in their regions. Virginia Housing today announced $40 million in grants to Virginia’s PDCs for the creation of new housing initiatives. “We are proud to provide these grants to Virginia’s 21 PDCs,” said Virginia Housing CEO Susan Dewey. “We have a close working relationship with these organizations, and this grant program will build upon that partnership by promoting regional approaches to housing development, enhancing collaboration between local housing service providers, and creating new affordable homes.”
CalHFA Helps More Than 7,600 Californians Become Homeowners
The California Housing Finance Agency continued its work with first-time homebuyers, helping more than 7,600 families from San Diego to Redding—and everywhere in between—purchase a home with a mortgage they could afford in the fiscal year ending June 30. CalHFA’s network of approved lenders worked with thousands of low- and moderate-income families to find homes that made sense for their budgets.
Celebrating a Homeownership Milestone
The Nebraska Investment Finance Authority (NIFA) has served Nebraska homebuyers since the 1980’s. During June of 2021, also known as "National Homeownership Month", NIFA reached the threshold of providing low interest rate home loans to over 95,000 Nebraskans! This milestone is a major accomplishment for NIFA as part of its mission to grow Nebraska communities through affordable housing. “We are proud to have made such an important difference in the lives of people across the state of Nebraska.
