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NCSHA Washington Report | July 14, 2023

Observers of the housing-related activities of two powerful congressional committees this week could be forgiven for feeling an acute sense of cognitive dissonance. The House Financial Services...

House Appropriations Subcommittee Considers FY24 HUD Funding Bill

The House Transportation, Housing, and Urban Development Appropriations Subcommittee considered Fiscal Year 2024 funding legislation on Wednesday, July 12, that would make drastic cuts to a number of Department of Housing and Urban Development programs, including a $1 billion cut to the HOME Investment Partnerships program, a two-thirds reduction from the FY23 enacted level.

2024 Qualified Allocation Plan Summary

Louisiana Housing Corporation (LHC) Board of Directors approved the 2024 Qualified Allocation Plan (QAP) Awards.

Indiana Balance of State Continuum of Care Releases 2023 Point in Time Count Results

The Indiana Balance of State (BOS) Continuum of Care (CoC), encompassing all counties in Indiana except Marion County, released the results of the 2023 Point In Time Count on July 12, 2023.

DSHA Announces Preliminary Low-Income Housing Tax Credit Allocation

The Delaware State Housing Authority (DSHA) announced its preliminary project award rankings for the 2023 Low-Income Housing Tax Credit (LIHTC) allocation last week.

$103.5 Million Awarded to 10 Affordable Housing Developments Across the State

The Oregon Housing Stability Council approved $103.5 million in Local Innovation Fast Track (LIFT) funding to go to 10 affordable housing developments across the state. Oregon Housing and Community Services (OHCS) will provide 646 additional homes with these developments for individuals and households living on low incomes.

Application Period Open for Affordable Housing Development and Assistance Programs

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.

NJโ€™s First Hospital-Based Supportive Housing Opens in Paterson

St. Josephโ€™s Health and the New Jersey Housing and Mortgage Finance Agency (NJHMFA) have opened Barclay Place, the first supportive housing to be completed under an innovative state partnership...

MFA Allocates $88 Million in Low Income Housing Tax Credits to Fuel Affordable Housing Developments in New Mexico

The New Mexico Mortgage Finance Authority has awarded a total of $88,346,760 in 4% Low-Income Housing Tax Credits (LIHTC) in 2023 to support affordable housing projects.

New Treasury Department data shows Homeowner Assistance Fund helped keep over 300,000 families in their homes

Treasuryโ€™s Homeowner Assistance Fund, passed as part of the American Rescue Plan, has reached more underserved communities than prior federal mortgage assistance and foreclosure prevention...

US Treasury says COVID anti-foreclosure payments reach $3.7 billion

WASHINGTON, July 7 (Reuters) - The U.S. Treasury Department said on Friday that state programs using its COVID-19 Homeowner Assistance Fund distributed $1.2 billion in aid to homeowners in the first...

Iowa Finance Authority Awards More Than $15 Million in Federal Housing Tax Credits and HOME Program Funds for the Construction of More Than 400 Rental Units in 9 Communities

The Iowa Finance Authority Board of Directors recently awarded a total of more than $15 million in federal housing tax credits and HOME program loans to support the construction and rehabilitation of a total of 410 affordable rental homes for Iowans.