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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 the Affordable Housing Bond Enhancement Act. This legislation, which NCSHA has worked on closely with the senators’ offices, will expand the HFAs’ 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) — 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 Oregon’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.

MFA Awards $2 Million for Acquisition and Rehabilitation of Recovery Housing Across New Mexico

The New Mexico Mortgage Finance Authority (MFA) Board of Directors recently approved two awards of $969,499 to Hozho Center for Personal Enhancement and $1,144,213 to Crossroads for Women for the Recovery Housing Program (RHP).

LHC Awarded Multi-Family Development in Lake Charles Starts Construction

Friday, June 2nd 2023, Louisiana Housing Corporation (LHC) celebrated the groundbreaking of a new multi-family apartment complex meant to house mixed-income families. Woodring Apartments will have 110 units for workforce housing and will revitalize Downtown Lake Charles.

HUD Provides $45 Million in Funding to Public Housing Authorities to Help Households Experiencing or at Risk of Homelessness

This funding builds on the Biden-Harris Administration’s commitment to coordinated efforts to addressing unsheltered homelessness and homelessness in rural areas WASHINGTON - Today, the U.S....

NCSHA Washington Report | June 2, 2023

As cities around the country are reportedly considering converting vacant office space into apartments and other uses, the federal government is missing an opportunity to repurpose obsolete...

MFA Offers Below-Market Interest Rate for New Mexicans Entering Housing Market

The New Mexico Mortgage Finance Authority (MFA) offers mortgage interest rates as low as 5.875%* for the FirstHome Government mortgage loan program, which has shown to be substantially lower than current market rates.

State Allocates 100% of 2024 Affordable Housing Tax Credits in 2023

The Arizona Department of Housing (ADOH) today announced it has allocated more than $22 million of 2024 federal 9% Low-Income Housing Tax Credits (LIHTC) in 2023.