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NCSHA Washington Report | February 5, 2021
Some of the housing heroes of this pandemic who are closest to it — the counselors, resident advocates, community organizers, and more than a few landlords — have been saying since the outset...
CalHFA Board Member Appointments
The California Housing Finance Agency is pleased to announce that Governor Gavin Newsom has appointed Frederick P. White to the Board of Directors and reappointed member AnaMarie Avila Farias for a second term. Frederick White joins the Board as a Housing Capital Advisor for the City of Los Angeles Office of City Homelessness Initiatives, where he has served since 2019. From 2017 to 2019, White was Vice President and Senior Portfolio Manager at State Street Bank.
Federal Housing Administration Issues Measures to Protect Health, Safety, and Homeownership Security of Borrowers Impacted by COVID-19
WASHINGTON – Today, the Federal Housing Administration (FHA) issued a series of waivers of provisions in its Single Family Housing Policy Handbook 4000.1 that would normally require in-person...
Maryland Department of Housing and Community Development Releases Fiscal Year 2020 Annual Report
The Maryland Department of Housing and Community Development today released its Fiscal Year 2020 Annual Report. The department generated an economic impact of nearly $4 billion for the state, including $63 million in state and local taxes. Approximately 15,200 full-time equivalent jobs with $769 million in wages and salaries were created by Housing and Community Development's projects and activities.
NCSHA Washington Report | January 29, 2021
The most noteworthy part of President Biden’s executive order this week on redressing housing discrimination in America was not its directive to HUD to examine the Trump Administration’s fair...
HUD Renews Funding for Thousands of Local Homeless Programs
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today awarded $2.5 billion to renew support to thousands of local homeless assistance programs across the nation. HUD's...
HUD Secretary Nominee Marcia Fudge Pledges to Work with Congress to Address Affordable Housing
The Senate Banking Committee yesterday held a hearing on the nomination of Representative Marcia Fudge (D-OH) to serve as Secretary of the U.S. Department of Housing and Urban Development (HUD). Fudge’s written and oral testimony highlighted that she understands and is ready to address the housing challenges facing HUD and the country, including the lack of housing affordability and the instability of renters and homeowners exacerbated by COVID-19.
Florida Housing Supports Governor DeSantis Florida Leads Housing Budget Recommendation
Today, Governor Ron DeSantis unveiled his 2021-22 budget proposal providing $423.3 million for affordable housing programs from the State and Local Government Housing Trust Funds. Funding at this level, especially during a pandemic, shows the Governor’s persistent leadership and commitment to safely housing our citizens.
DCHFA Finances First Development of 2021 in Anacostia
The District of Columbia Housing Finance Agency (DCHFA) has funded its first development of the new year with the issuance of $27 million in tax-exempt bond financing and the underwriting of $20.6 million in four percent low income housing tax credits (LIHTC) for the construction of a new affordable rental development at 2442 Martin Luther King (MLK) Ave SE. The construction of 2442 MLK will add 112 new apartments priced at 30 to 50 percent of area median income to Ward 8’s Anacostia neighborhood.
Eligible Alaskans Will Soon Benefit from Federal Emergency Rental Assistance
Alaska Housing Finance Corporation has been authorized by Governor Dunleavy and the Legislature to administer up to $200 million in federal funds to eligible Alaskan renters who have been negatively impacted by COVID-19. The new program allows for up to 12 months of financial assistance, with the possibility of extended assistance for an additional three months. Payments will be directed to landlords, property managers and utility providers.
Hogan Administration Announces Affordable Rental Housing Awards
The Hogan administration today announced the results of the Maryland Department of Housing and Community Development's 2020 application round for federal Low Income Housing Tax Credits and state Rental Housing Funds. Nearly $40 million in state funds and federal tax credits have been awarded to 18 projects, which will result in the creation or preservation of 2,144 high quality, energy-efficient, affordable rental units. This is the largest number of units financed through one application round in the history of the program in Maryland, surpassing the previous record of 1,837 units financed in 2019.
Maryland Department of Housing and Community Development Announces Fiscal Year 2021 Application Round for State Revitalization Programs
The Maryland Department of Housing and Community Development is announcing a second Fiscal Year 2021 application round for two additional State Revitalization Programs. The National Capital Strategic Economic Development Fund ("NED") is a program for the greater National Capital Region of Maryland that provides competitive funding for strategic investment in local housing and businesses to encourage healthy, sustainable communities with a growing tax base and enhanced quality of life.
