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Kansas Homeowner Assistance Fund Closes, Leading Nation in Disbursements and Prevention of Foreclosures
The Kansas Homeowner Assistance Fund (KHAF), a federally funded, temporary emergency program to support homeowners experiencing hardship during the COVID pandemic, has stopped accepting applications and is now closed.
After Helping Thousands Maine HAF Program Draws to a Close
After helping thousands of Maine homeowners in 2023, the federally-funded Maine Homeowner Assistance Fund (HAF) will stop taking new applications as of January 10th at 5 p.m.
FHFA Ups Cap on GSE Housing Credit Investment, Prohibits GSEs from Investing in Deals If Owners Do Not Waive Qualified Contract Option
The Federal Housing Finance Agency (FHFA) today issued an announcement that it will allow the Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac to invest up to $1 billion in the Housing Credit equity market in 2024, an increase from the $850 million it allowed each GSE to invest in 2023. Any Housing Credit investments the GSEs make above $500 million each year must be for developments FHFA identifies as having difficulty attracting investors, thus the increase is targeted to housing located in rural areas consistent with the GSEs’ Duty-to-Serve requirements, preservation, mixed-income properties, and supportive housing.
FHFA Announces Increase in the Enterprises’ LIHTC Cap
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will each be allowed to invest up to $1 billion annually in the...
New Mexico Mortgage Finance Authority Board of Directors Approves $2.8 Million for Encino Gardens from New Mexico Housing Trust Fund and HOME Funding
The New Mexico Mortgage Finance Authority (MFA) Board of Directors approved $2.8 million in funding at its November meeting for the acquisition and rehabilitation of Encino Gardens, an affordable senior housing community in Albuquerque.
Louisiana Housing Corporation Receives IREC Accredited Training Provider for Energy Auditor Course
The Louisiana Housing Corporation (LHC) proudly announces its accreditation as an Interstate Renewable Energy Council (IREC) Accredited Training Provider for its comprehensive Energy Auditor Course.
Five Months After Announcing Bold Executive Action on Housing, Governor Hochul Updates New Yorkers on Progress Toward Increasing Housing Supply Across New York
Governor Kathy Hochul today updated New Yorkers on progress achieved through the Executive Actions she announced five months ago today to address New York’s housing crisis and increase the housing supply. Governor Hochul also announced more than $430 million in bonds and subsidies to help expand the housing supply, creating more than 1,500 homes across New York.
WHEDA Foundation Announces Grant Recipients of $2 Million for Emergency and Extremely Low-Income Housing
Wisconsin Housing and Economic Development Authority (WHEDA) announced today that 53 organizations will receive $2 million in grants from the WHEDA Foundation to improve emergency shelter, transitional residences, and extremely low-income housing.
Virginia Housing Announces Income and Sales Price Limit Increases and Introduction of Expanded Income Limits
Virginia Housing has announced increased maximum household income and sales price limits for borrowers throughout the Commonwealth, as well as introduced new expanded income limits effective Dec. 15, 2023.
FHLBank Pittsburgh and PHFA Announce 2023 Home4Good Funding Awards
FHLBank Pittsburgh (FHLBank) and the Pennsylvania Housing Finance Agency (PHFA) announced today the 2023 Home4Good funding awarded to programs across the commonwealth working to reduce homelessness.
Home Replacement Assistance for 2020 Labor Day Disaster Survivors Coming in 2024
The Homeowner Assistance and Reconstruction Program (HARP) will be the first assistance available directly to 2020 Labor Day disaster survivors administered by Oregon Housing and Community Services (OHCS).
PHFA Shares Progress Made on PAHAF Assistance to Homeowners in November
The Pennsylvania Housing Finance Agency today is providing an update on the steady progress being made to assist homeowners whose lives were disrupted by the pandemic.
