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PHFA Releases PA Housing Study to Inform and Guide Future Housing Decisions

Housing affordability is a growing issue for Pennsylvanians, and renters, low-income households and minorities are disproportionately burdened by housing costs, according to a study shared online today by the Pennsylvania Housing Finance Agency. The Pennsylvania Comprehensive Housing Study, produced in collaboration with the University of Pennsylvania Department of City and Regional Planning, explores the current status and predicted trends for housing statewide.

MassHousing Awards $700,000 in COVID-19 Relief Funding to 31 Non-Profit Providers of Affordable Sober Housing in Massachusetts

MassHousing has awarded $700,000 in grant funding to bring COVID-19 relief to 31 non-profit providers of affordable sober housing to help ensure their financial stability and continued support services for more than 660 men, women, and women with children working to overcome addiction in 17 communities across the Commonwealth.

Bill Promoting Affordable Housing Passed by Legislature

The South Carolina Legislature has passed House Bill 3998, the Workforce and Senior Affordable Housing Act, creating a state tax credit for qualified affordable housing developments. This tax credit is similar to, and would supplement awards under, the federal Low Income Housing Tax Credit. The bill was signed by Governor McMaster on May 14, 2020.

House Democrats Unveil $3 Trillion-Plus Coronavirus Package with Rent, Mortgage, Liquidity Assistance

On May 12, House Democrats released the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, which would provide more than $3 trillion for coronavirus relief in programs across government agencies, including significant funding for affordable housing.Ā Republicans rejected the proposal immediately, which they view as more of a Democratic wish list than the opening bid in negotiations for a fifth coronavirus relief package.

Secretary Carson Congratulates Brian Montgomery on Deputy Secretary Confirmation

Washington - U.S. Department of Housing and Urban Development Secretary Ben Carson today applauded the confirmation of Brian D. Montgomery to serve as Deputy Secretary of the U.S. Department of...

WHEDA Issues $100 Million in Single Family Bonding

The Wisconsin Housing and Economic Development Authority (WHEDA) is advancing its ability to provide first-time home buyer mortgages through issuance of a $100 million Home Ownership Revenue Bond. With mortgage rates near historic lows, qualified low- to moderate-income first-time home buyers may find the timing right to purchase a home with an affordable WHEDA mortgage.

HUD Allocates Third Wave of CARES Act Funding Providing $1 Billion for Communities to Bolster Coronavirus Response and Relief Efforts

Washington - The U.S. Department of Housing and Urban Development Secretary Ben Carson today announcedĀ the allocation of a third wave in CARES Act coronavirus relief funding totaling $1 billion...

Inside House Democrats’ Whopping $1.2 Trillion+ Coronavirus Relief Proposal

House Democrats could bring their phase 4 coronavirus relief package (CARES 2) to the floor for a vote as early as this week ā€” but, for now, at least, it's going nowhere.

NCSHA Washington Report | May 8, 2020

Since so much about COVID-19 is unprecedented in our lifetime, like todayā€™s jobs numbers, itā€™s necessary to demand unprecedented responses from our federal government. When a solution to...

FHA Commissioner Nominee Dana Wade Enjoys Bipartisan Support at Senate Banking Committee Hearing

The Senate Banking Committee convened Tuesday to consider the nomination of Dana Wade for Federal Housing Administration Commissioner and Assistant Secretary for Housing at HUD.

Governor Ron DeSantis and Florida Housing Provide Local Governments $5 Million in Housing Assistance for Families Impacted by COVID-19

Today, Governor Ron DeSantis along with the Florida Housing Finance Corporation (Florida Housing) announced the distribution of $5 million to local governments through the State Housing Initiatives Partnership (SHIP) program to assist individuals and families in Florida impacted by the COVID-19 pandemic with the housing assistance and resources.

Senator Reed Introduces Housing Assistance Fund Bill

On May 6, Senator Jack Reed (D-RI) introduced legislation, S. 3620, to authorize and fund a $75 billion Housing Assistance Fund that would provide flexible resources directly to state housing finance agencies (HFAs) so they can help households ā€” both homeowners and renters ā€” struggling due to the economic impacts of the COVID-19 pandemic to remain in their homes.Ā NCSHA has been working with Senator Reedā€™s office to raise support for the proposal, which is one of our topmost priorities.Ā