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Pritzker Administration Provides $15.3 Million in Home Improvement Grants
The Illinois Housing Development Authority (IHDA) today announced the grand opening of the Home Repair and Accessibility Program (HRAP) designed to assist low-income and very low-income homeowners with health, safety, accessibility, and energy efficiency repairs to their homes.
VHFA Provides $28 Million for Affordable Housing
The Vermont Housing Finance Agency (VHFA) Board of Commissioners announced last week that its annual award of federal housing tax credits will support the construction of 112 homes in perpetually affordable apartment buildings in four communities across the state. The sale of this yearโs tax credits to investors is expected to yield over $28 million in funds covering an estimated 60 percent of total project development costs.
KHC Celebrates Grand Opening of Stonewall Terrace in Lexington
Kentucky Housing Corporation (KHC) joined Lexington Mayor Linda Gorton,ย Representative Cherlynn Stevenson, Senator Reginald Thomas, and others on Friday, April 21, 2023,ย to dedicate Stonewall Terrace,ย a 26-unit permanent supportive housing community in Lexington developed through aย partnership between AVOL and Winterwood, Inc.
NCSHA Submits Comments to HUD on Affirmatively Furthering Fair Housing
In its submitted comments, NCSHA applauds HUD for repealing the 2020 Preserving Community and Neighborhood Choice rule, which we believe would not have resulted in meaningful planning and strategies to meet the statutory obligation to affirmatively further fair housing, and for seeking to streamline and improve the 2015 Affirmatively Furthering Fair Housing rule rather than reinstating it without critical examination and revisions to reduce its substantial burden on HUD program participants. In general, NCSHA believes HUD has taken substantial steps towards improving the process for fair housing planning. However, NCSHA also believes HUD can and should do more to further streamline aspects of the rule, clarify program participantsโ responsibility, and reduce duplication of efforts and better coordinate planning when different HUD program participants serve the same geographic areas.
HUD Outlines its Action Plan to Remove Unnecessary Barriers to Housing for People with Criminal Records
In weeks ahead, HUD will introduce rulemaking, establish a process for individualized assessments, and outline guidelines for public housing authorities HUD Secretary challenges public housing...
Maryland Mortgage Program Recognizes Top Lender and Realtor Partners at Annual Awards Ceremony
The Maryland Department of Housing and Community Development recognized the top performing lender and realtor partners of 2022 on Thursday during the Maryland Mortgage Programโs annual awards event, which featured remarks from Secretary Jake Day and the MMP leadership team, as well as from US Bank, Maryland REALTORS, Freddie Mac, and the Maryland Bankers and Brokers Association.
MSHDA Board Supports Newcomer Rental Subsidy Program and Development Projects to Increase Affordable Housing Statewide
The Michigan State Housing Development Authority (MSHDA) Board approved a Newcomer Rental Subsidy (NRS) program that will provide temporary support for refugees and other immigrant populations coming to the state. MSHDA also authorized funding for rehabilitation projects for two multifamily properties in New Baltimore and Eaton County, during its April meeting.
NCSHA Washington Report | April 21, 2023
One of the reasons the Fair Housing Act, sometimes called the โlast plankโ of the civil rights movement, has been perhaps the hardest of all to put in place is because it not only bars...
EPA Releases Implementation Framework for Greenhouse Gas Reduction Fund
On April 19, the Environmental Protection Agency released a detailed implementation framework for its new Greenhouse Gas Reduction Fund (GGRF), authorized by the Inflation Reduction Act (IRA), which will invest $27 billion to finance projects that reduce greenhouse gas emissions and air pollution. The implementation framework provides detailed descriptions of program design, grant requirements, and application evaluation factors in advance of the publication of formal Notices of Funding Opportunities for the various GGRF components, anticipated as early as June. EPA is soliciting written comments on the GGRF implementation framework, and interested parties may send written feedback by May 12.
House, Senate Appropriations Subcommittees Discuss HUDโs FY24 Budget Proposal with Secretary Fudge
As the Fiscal Year 2024 funding cycle gets underway, the House and Senate Transportation, Housing, and Urban Development appropriations subcommittees held hearings on April 18 and April 20, respectively, featuring Secretary Marcia L. Fudge to evaluate the Presidentโs FY24 Budget Request for the Department of Housing and Urban Development.
Kansas Housing Awards the First ๏ปฟState Affordable Housing Tax Credits
The firstย Kansas Affordable Housing Tax Creditsย have been awarded to four 4% Low Income Housing Tax Credit (LIHTC) and Private Activity Bond (PAB) projects. In January, Kansas Housing receivedย 11ย applications equating to overย $250 millionย in Private Activity Bonds for the first of three application rounds. Of the four applications awarded, the approved LIHTCs and PABs will buildย 436ย new units and rehabilitateย 181ย affordable units.
Kansas Housing Resources Corporation Launches Statewide Art Contest
Kansas Housing Resources Corporation (KHRC)ย launched a statewide art contest today, inviting K-12 students to share their visions on the theme:ย WHAT DOES HOME MEAN TO ME?ย The contest aims to raise awareness of the importance of home and the connection between quality, affordable housing and healthy families and communities.
