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GAO Releases Report on Housing Trust Fund
On August 8, the U.S. Government Accountability Office released a report entitled “Affordable Housing: Improvements Needed in HUD’s Oversight of the Housing Trust Fund Program.” The report identified several deficiencies in the U.S. Department of Housing and Urban Development’s management of the Housing Trust Fund (HTF) program and included five recommendations to improve HTF oversight.
DCHFA Enters August with the Financing of 300 Affordable Apartments in Ward 5
On August 1, 2023, the District of Columbia Housing Finance Agency (DCHFA) issued $54.7 million in tax exempt bonds for the financing of 300 units of affordable housing located at Edgewood 611 NE (Edgewood 611) and Edgewood 401,415-425 NE (Edgewood Gardens), in Ward 5.
HUD Publishes Data on 2021 Housing Credit Tenant Characteristics
This week, the U.S. Department of Housing and Urban Development's Office of Policy Development and Research published demographic data on tenants living in Housing Credit properties in 2021. This data, collected annually from state Housing Credit allocating agencies as required by the Housing and Economic Recovery Act of 2008, includes state-by-state details on tenant race, ethnicity, family composition, age, income, use of rental assistance, disability status, and monthly rent burden.
Minnesota Housing Welcomes Rinal Ray as Assistant Commissioner of Housing Stability
Minnesota Housing is pleased to announce its first Assistant Commissioner of the newly created Housing Stability Division. Rinal Ray joins the Agency in her new role on August 9.
Delaware State Housing Authority Announces New Program and Partnerships to Address Housing Instability
The Delaware State Housing Authority (DSHA) has awarded over $800,000 in Housing Outreach and Stability Services (HOSS) grants to five community partner organizations throughout the state.
Georgia Department of Community Affairs, Georgia Serves Grants $6.6 Million in AmeriCorps Funding for Georgia
Georgia Department of Community Affairs Commissioner Christopher Nunn announced today that Georgia Serves is granting $6,600,668 in federal AmeriCorps funding to 20 organizations across the state.
MSHDA Welcomes New Homeownership Director
The Michigan State Housing Development Authority (MSHDA) today announced Tonya Coon as its new homeownership director.
Oregon Housing and Community Services Awards $38.7 Million to Six Permanent Supportive Housing Developments Across the State
The Oregon Housing Stability Council approved $38.7 million in Permanent Supportive Housing (PSH) funding for six affordable housing developments across the state. These investments from Oregon Housing and Community Services (OHCS) will provide 227 homes for people experiencing chronic homelessness or who need supportive services in addition to housing.
DSHA Partners with Habitat for Humanity Organizations to Expand Homeowner Assistance Fund Programs
The Delaware State Housing Authority (DSHA) today announced a partnership with all three Habitat for Humanity organizations in Delaware to administer a $3 million grant program to help eligible Delaware homeowners who need to make critical home repairs, but have been unable to because of the financial impact of the COVID-19 pandemic.
NCSHA Washington Report | August 4, 2023
The Federal Housing Finance Agency received nearly 3,500 responses to its request for input on potential tenant protections for multifamily properties backed by Fannie Mae and Freddie Mac, as the...
Iowa Finance Authority Awards More Than $1 Million in Federal Housing Tax Credits for the Construction of 40 Rental Homes in Des Moines
The Iowa Finance Authority Board of Directors recently awarded a total of $1.15 million in federal housing tax credits to Woda Cooper Companies, Inc. (Woda Cooper) for the construction of Alley Landing, which will include 40 affordable rental homes for families, to be located at 2701 Douglas Avenue in Des Moines.
Ribbon Cutting Ceremony Celebrates the Grand Opening of Freedom Village at Hamilton Woods
The New Jersey Housing and Mortgage Finance Agency (NJHMFA) has announced the official opening of Freedom Village at Hamilton Woods.
