Newsroom
Rep. Shannon Bird Appointed to CHFA’s Board of Directors
Colorado Housing and Finance Authority (CHFA) congratulates State Representative Shannon Bird on her appointment to its board of directors. CHFA’s board serves as its governing body, and is tasked with supporting CHFA’s mission to strengthen Colorado by investing in affordable housing and community development.
MSHDA Awards $2 Million in Grants for Neighborhood Enhancement Projects
The Michigan State Housing Development Authority (MSHDA) has awarded $2 million in grants to organizations across the state as part of its Neighborhood Enhancement Program (NEP), which is expected to reach its 1,000th family with this eighth funding round.
NCSHA Washington Report | April 28, 2023
The Federal Housing Finance Agency this week began belatedly to respond to the rising tide of criticism over the agency’s plan to increase the upfront fees on mortgages backed by Fannie Mae and...
MFA Awards $7.3 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 $7.3 million in New Mexico Housing Trust Fund (NMHTF) funding awards to help create and preserve affordable housing for more than 400 families across Las Cruces, the San Felipe Pueblo, Santa Fe, Raton, Española, Las Vegas, Albuquerque, and other cities throughout New Mexico.
Leadership Changes at Kentucky Housing Corporation
Effective September 1, 2023, Tracy Thurston will become chief financial officer (CFO) and deputy director of finance and investments for Kentucky Housing Corporation (KHC), overseeing KHC’s finance, accounting, Single Family Programs and Loan Servicing departments. At that time, Jim Statler, KHC’s current CFO and deputy executive director, will transition to the role of senior financial adviser, working on strategic projects and serving as a resource to Tracy.
CHFA Awards $9.6 Million in Federal Tax Credits for Affordable Housing Development
The Connecticut Housing Finance Authority (CHFA) today announced awards of $9,588,663 in Federal 9% Low-Income Housing Tax Credits (LIHTC). The tax credits are estimated to generate more than $90 million in equity from private investors for seven proposed affordable multifamily housing developments in Connecticut.
Applications for Emergency Solutions Grants Funds Being Accepted
South Dakota Housing is seeking applicants for the Emergency Solutions Grants Program. The Emergency Solutions Grants Program (ESG) is a federal block grant authorized by the McKinney Vento Homelessness Assistance Act and is funded by the US Department of Housing and Urban Development.
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 year’s 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, Representative Cherlynn Stevenson, Senator Reginald Thomas, and others on Friday, April 21, 2023, to dedicate Stonewall Terrace, a 26-unit permanent supportive housing community in Lexington developed through a 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 participants’ 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...
