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NCSHA Washington Report | May 12, 2023
Rarely has a bill in Congress been better made for its moment than the Affordable Housing Credit Improvement Act, introduced yesterday in the House and Senate. A moment of urgent need for...
MSHDA Expands Access to $10,000 Down Payment Assistance Program
The Michigan State Housing Development Authority will expand its MI 10K DPA program statewide, helping low and middle-income homebuyers overcome the biggest barrier to home ownership: the down payment.
Housing Credit Legislation Introduced Today with Wide Bipartisan Support
Today, Housing Credit champions in both chambers of Congress reintroduced the Affordable Housing Credit Improvement Act (AHCIA), comprehensive legislation that would expand and strengthen the Low-Income Housing Tax Credit (Housing Credit).ย The lead sponsors of the bill are Senators Maria Cantwell (D-WA), Todd Young (R-IN), Ron Wyden (D-OR), and Marsha Blackburn (R-TN) and House of Representatives members Darin LaHood (R-IL), Suzan DelBene (D-WA), Brad Wenstrup (R-OH), Don Beyer (D-VA), Claudia Tenney (R-NY), and Jimmy Panetta (D-CA).ย
OHCS Awards Funding to Create More Than 330 Homes to Ensure Access to Affordable Homeownership Opportunities
Oregon Housing and Community Services (OHCS) announced the approval of 34 new homeownership development projects that will lead to the creation of 337 new affordable homes.
OHCS Director Joins the Madras Community for the Groundbreaking of an Affordable Housing Development for Older Adults
Oregon Housing and Community Services Director Andrea Bell joined AGE+, a non-profit organization that serves older adults, and other community partners at the groundbreaking of the Madras Senior Apartments.
Raise-Op Celebrates Grand Opening for New Affordable Low-Energy Homes in Lewiston
The Raise-Op, a local housing organization led by its residents since 2008, cut the ribbon on two new buildings today. Consisting of 9 units each, these developments are filling in vacant lots in the Tree Street Neighborhood at 198 Blake Street and 84 Walnut Street.
MFA Launches New Program to Rehabilitate and Resale Vacant and Abandoned Single Family Homes
The Board of Directors for the New Mexico Mortgage Finance Authority (MFA) recently approved the Restoring Our Communities (ROC) Program to reduce vacant and abandoned homes in communities across New Mexico.
USDA RD Seeks Applications for Technical Assistance Grants
Yesterday, May 4, 2023, the U.S. Department of Agriculture (USDA) Rural Development announced that it is now accepting applications forย the Nonprofit Transfer Technical Assistance (NP TA) Grant Program and the Off-Farm Labor Housing Technical Assistance (Off-FLH TA) Grant Program.
NCSHA Washington Report | May 5, 2023
It was an honor to be in Harrisburg this week for the 50th anniversary celebration of the Pennsylvania Housing Finance Agency, in no small part because Pennsylvanians invented the very idea of a...
Milliken Heights Celebrates Grand Opening
On May 9th from 2:00 to 3:30 p.m. the Szanton Company, a Portland-based housing developer, will celebrate its Grand Opening for Milliken Heights. This 55-unit apartment building for residents aged 55+ is nearly fully rented, six weeks after opening its doors.
HUD Announces 2023 Housing Trust Fund Allocations to States
Today, HUD allocated $382 million to states from the national Housing Trust Fund (HTF), which provides a source of capital funding to increase and preserve the supply of housing for people with the lowest incomes, including those experiencing homelessness. Funding for HTF comes from a modest contribution of new business income from the Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac, rather than federal appropriations.
HUD Allocates $382 Million to Help States Produce Affordable Housing
Housing Trust Fund Allocations will increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low- and very low-income households WASHINGTON - Today, the U.S....
