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Lt. Gov. Crouch, IHCDA Award $1.7 Million in Rental Assistance and Supportive Services Statewide

Lt. Gov. Suzanne Crouch and the Indiana Housing and Community Development Authority announced the distribution of nearly $1,700,000 to six Indiana not-for-profit entities to administer the HOME-funded Tenant Based Rental Assistance (HOME TRBA) program.

MaineHousing Expands Maine Water Assistance Benefit, Sets Application Deadline for July 1

In celebration of World Water Day, MaineHousing is announcing it will increase the maximum benefit for the Maine Water Assistance Program.

MFA Awards $2.2 Million in Funding to Help Create and Preserve Affordable Housing Throughout New Mexico

The Board of Directors for the New Mexico Mortgage Finance Authority (MFA) recently approved $2.2 million in New Mexico Housing Trust Fund (NMHTF) funding awards to help create and preserve affordable housing for more than 100 households across Taos, Hobbs, Albuquerque, and other cities throughout New Mexico.

Maryland Department of Housing and Community Development Releases Fiscal Year 2022 Annual Report

The Maryland Department of Housing and Community Development today published its Fiscal Year 2022 Annual Report, which provides an overview of the departmentโ€™s success and operations last fiscal year.

NCSHA Washington Report | March 17, 2023

The most visible fallout from the failure of Silicon Valley Bank and Signature Bank affecting affordable housing so far has been local. SVB reportedly had provided $2.7 billion to finance...

Governor Signs Legislation to Provide Millions In Funding to Address Affordable Housing Crisis in New Mexico

On Wednesday, March 15, Governor Michelle Lujan Grisham signed into law Senate Bill 381, bipartisan legislation that will provide an estimated $37 million in funding this year to the New Mexico Housing Trust Fund, which is administered by the stateโ€™s housing agency, the New Mexico Mortgage Finance Authority (MFA).

MSHDA Board Supports Bond Sales for Down Payment Assistance, New Gap Funding Program and Affordable Housing Development Projects

In its March meeting, the Michigan State Housing Development Authority (MSHDA) Board approved the issuance and sale of revenue bonds to be used to provide down payment assistance (DPA) loans to Michiganders while also approving a new gap financing program and funding for affordable housing projects in Grand Rapids, Flint and St. Clair.

Treasury Highlights American Rescue Plan Act Achievements on Second Anniversary of Its Passage

This week, the Treasury Department celebrated the second anniversary of the signing of the American Rescue Plan Act (ARPA), which authorized key emergency programs in response to the coronavirus pandemic and the economic fallout it created. State housing finance agencies have played an integral role in the implementation of the ARPA programs that kept Americans stably housed during the pandemic and facilitated the financial feasibility of housing development despite a volatile economic environment. ARPA-authorized housing programs include the Emergency Rental Assistance (ERA) 2 program (ERA 1 having been authorized in other legislation shortly before ARPAโ€™s enactment), the Homeowner Assistance Fund (HAF), the Coronavirus State and Local Fiscal Recovery Fund (FRF), and the HOME-ARP program at HUD.

Bowling Green Habitat for Humanity Dedicates 100th Home

On Thursday, March 9, 2023, Habitat for Humanity Bowling Green/Warren County (BG/WC) dedicated its 100th home, which was built in part by funds from Kentucky Housing Corporation (KHC).

RIHousing, OER, and Rhode Island Energy Launch Request for Proposals for Green & Energy Efficient Housing

RIHousing, the Rhode Island Office of Energy Resources (OER) and Rhode Island Energy (RIE) have released a Request for Proposals (RFP) for the 2023 Zero Energy for the Ocean State (ZEOS) Program.

Biden โ€“ Harris Administration Releases Additional Details on FY24 Budget Proposal

The Biden โ€“ Harris Administration has released supplementary materials for its Fiscal Year 2024 (FY24) budget request, including appendices and congressional justifications for relevant agencies. This blog post, which supplements NCSHAโ€™s initial overview of the FY24 budget request, highlights several items that may be of particular interest for HFAs.

On American Rescue Planโ€™s Second Anniversary, Treasury Releases New Data on Actโ€™s Historic Investments in Economic Growth

Two years in, ARP has delivered over 10.3 million payments to renters in need, provided direct aid to more than 30,000 state and local governments, funded projects that will connect over 1.4 million...