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NCSHA Washington Report | May 14, 2021

Affordable housing is essential infrastructure. Like other physical forms of it, affordable housing is a part of the built environment every community needs that the private sector simply canā€™t...

Texas Rent Relief Program Provides Over $100 Million in Assistance, Helps Tenants and Landlords Avoid Eviction

Today the Texas Department of Housing and Community Affairs (TDHCA) announced it has already distributed more than $100 million in rental and utility assistance to Texans in need. TDHCA is administering a $1.3 billion grant in emergency federal relief funds from the U.S. Department of the Treasury to help income-eligible Texans struggling to keep up with rent and utility payments during the pandemic. Renters get assistance with up to 12 months of rental assistance including back rent and up to three months of future rent, as well as utility assistance.

Technical College System of Georgia and Georgia Department of Community Affairs to Implement $8.367 Million Grant in Southwest Georgia

The Technical College System of Georgia (TCSG) has been selected by the Georgia Department of Community Affairs (DCA) to administer the Community Development Block Grant Disaster Recovery (CDBG-DR) Workforce Development Program. The grant will utilize $8.367 million of the $41.837 million allocation from the U.S. Department of Housing and Urban Development (HUD) awarded to Georgia in response to Hurricane Michael (2018). This partnership marks the advent of a four-year program to support Georgians by supplying residents of communities impacted by the disaster with the necessary skills and job readiness to increase their household income.

WHEDA Seeks Projects for National Housing Trust Funds

The Wisconsin Housing and Economic Development Authority is seeking applications for a total of $1.3 million in National Housing Trust Fund financing targeting housing projects for people with extremely low incomes. Eligible projects include those that received 2020 or 2021 federal 9% or federal and state 4% housing tax credits. Federal 4% projects will be eligible to apply so long as WHEDA is in receipt of a Housing Tax Credit Application.

National Housing Trust Fund Award to Pa. Increases 148% from 2020

Pennsylvania will receive $24.1 million in national Housing Trust Fund dollars this year, representing a 148% increase compared with its 2020 funding amount of $9.7 million. This is according to an announcement by the U.S. Department of Housing and Urban Development, which distributes HTF funding. Only six states received more HTF financial support for 2021. Pennsylvania has the fourth greatest percentage increase in HTF funding among the 50 states. The total amount included in the 2021 national HTF disbursement is nearly $700 million, which is the largest annual allocation ever provided since the fund was created in 2008.

CHFA Announces 2021 Round One Housing Tax Credit Awards

Colorado Housing and Finance Authority (CHFA) is pleased to announce 13 developments will be awarded a reservation of federal Housing Tax Credits to support the new construction of 882 affordable apartments. These developments will seek to address various housing needs in Colorado, including those of veterans, formerly homeless individuals and families, and older adults. CHFA received 25 applications for federal 9 percent Housing Tax Credits in its first allocation round of the year.

Maryland Department of Housing and Community Development Announces Fiscal Year 2022 Application Round for State Revitalization Programs

The Maryland Department of Housing and Community Development today announced the Fiscal Year 2022 application round for five State Revitalization Programs will open on May 17. These programs offer funding to support local housing, community and economic development and other revitalization projects. They are part of the departmentā€™s commitment to helping the stateā€™s local governments and nonprofit agencies achieve their community revitalization and economic development goals.

Revised FAQs on Emergency Rental Assistance Provide Guidance on Implementation of Second Round of Funding

The U.S. Department of the Treasury (Treasury) has updated its guidance on the Emergency Rental Assistance (ERA) program, provided in a Frequently Asked Questions (FAQs) document. The updated guidance includes some policy modifications impacting both the first round of ERA funding authorized last December under the Consolidated Appropriations Act of 2021 (ERA 1) and the second round of ERA funding authorized in March under the American Rescue Plan Act (ERA 2), as well as certain new policies that relate only to ERA 2 implementation.Ā The guidance applying to ERA 2 only is reflective of the more flexible statutory language authorizing the second round of funding.

NCSHA Washington Report | May 7, 2021

Whatever you make of todayā€™s downside surprise in the jobs numbers, key sectors of the housing system that delivered during the pandemic are experiencing significant stress. Home mortgage...

PHFA Recognizes Its Top Lending Partners for 2020

The Pennsylvania Housing Finance Agency today honored its top lending partners for 2020 during its annual homeownership awards event, which was held virtually this year due to the pandemic. These lenders provide a great service to Pennsylvania homebuyers by working with them through the application, processing, and closing of affordable PHFA home loans. In addition to protecting the health of all event attendees, the virtual event allowed the agency to invite all its lending partners to participate this year.

HUD Makes More Than $20 Million Available to Fight Housing Discrimination

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced that it is making $20,229,156 available to fair housing organizations across the nation working to fight housing...

MassHousing Closes on $21.2 Million in Financing for the Refinancing and Extensive Rehabilitation of the 201-Unit Bergen Circle in Springfield

MassHousing has closed on $21.2 million in affordable housing financing to The Michaels Organization Ā for the refinancing and rehabilitation of the 201-unit Bergen Circle housing community in Springfield, where affordability will also be preserved for lower- and moderate-income residents. Michaels, which has taken over ownership and management of Bergen Circle, plans approximately $17 million in property renovations to the eight-building housing community in the McKnight neighborhood of Springfield.Ā