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MFA Supports New Construction of 61 Affordable Units for Families in Albuquerque

On June 6, 2023, the New Mexico Mortgage Finance Authority (MFA) participated in the groundbreaking of Calle Cuarta, one of the latest Low-Income Housing Tax Credit (LIHTC) awarded projects.

NCSHA Washington Report | June 9, 2023

Doubters of bipartisanshipโ€™s vitality in a polarized Congress had a rough week at the hands of Republicans and Democrats who jointly introduced two new bills that would lower costs for...

Kelly, Higgins Introduce House Version of Neighborhood Homes Investment Act

Congressmen Mike Kelly (R-PA) and Brian Higgins (D-NY) today introduced the Neighborhood Homes Investment Act (H.R. 3940). The legislation, one of NCSHAโ€™s top priorities, seeks to increase the supply of affordable for-sale housing through a new tax credit. Senators Ben Cardin (D-MD) and Todd Young (R-IN) introduced similar legislation (S. 657) in March.

SC Housing Board of Commissioners Names Interim Executive Director

The Board of Commissioners of the SC State Housing Finance and Development Authority (SC Housing) announced today that Richard Hutto has been named the agencyโ€™s interim executive director.

Florida Housing Finance Corporation Awards $117M in Funding for Affordable Housing Developments

Today, the Florida Housing Finance Corporation Board of Directors approved $117.3 million in loan funding to alleviate inflation-related cost increases for 30 affordable housing developments throughout the state.

Governor Pritzker Announces $15 Million in New, Competitive Homeownership Assistance Program

Governor JB Pritzker today announced the opening of a new homebuyer program designed to help increase home purchase accessibility for low- and moderate-income individuals, families and seniors interested in purchasing a home in Illinois.

PHFA Announces PHARE Funding for Affordable Housing Across Pennsylvania

The Pennsylvania Housing Finance Agency today announced the recipients of a new round of funding for housing programs made available through the Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) fund.

State Acts Quickly and Awards Millions to Address Homelessness

Today, the Arizona Department of Housing (ADOH) awarded nearly $20 million in grants to local governments from the newly-created Homeless Shelter and Services (HSS) Fund to provide shelter and other services to people experiencing homelessness.

Senators Cortez Masto, Cassidy Introduce Bipartisan Legislation to Strengthen MRBs, MCCs

On June 6, 2023, Senators Catherine Cortez Masto (D-NV) and Bill Cassidy (R-LA) introduced theย Affordable Housing Bond Enhancement Act. This legislation, which NCSHA has worked on closely with the senatorsโ€™ offices, will expand the HFAsโ€™ ability to provide affordable homeownership and rental housing and use tax-exempt bond authority more efficiently by strengthening the Mortgage Revenue Bond and Mortgage Credit Certificate programs.

Senator Cortez Masto introduces bill to help first-time home buyers

LAS VEGAS (KSNV) โ€”ย Nevada lawmakers are doing their part to make it easier and more affordable for first-time home buyers in our state.

OHCS Awards $5 Million in Funding to Further Homeownership Opportunities for Members of Oregonโ€™s Federally Recognized Tribes

Oregon Housing and Community Services (OHCS) announced the approval of $5 million to fund five homeownership development grants for federally recognized Tribes to further homeownership opportunities for Tribal members.

WHEDA Foundation Opens 2023 Housing Grant Cycle

Organizations throughout Wisconsin that provide emergency shelter, transitional residences, and extremely low-income housing are encouraged to apply for grants from the WHEDA Foundation.