Newsroom
Pritzker Administration Provides Nearly $75 million for Affordable Housing Development
Governor JB Pritzker and the Illinois Housing Development Authority (IHDA) Board announced conditional awards using $75 million in federal funds to provide vital gap financing and complete underwriting for affordable housing developments that may have otherwise not been built due to financial challenges brought on by the COVID-19 pandemic.
NCSHA Washington Report | June 17, 2022
The fact that the most significant federal incentive for affordable apartment construction is largely a state-designed and delivered program, reflecting core federal concerns, is not news to...
Secretary Fudge Announces $520 Million to Protect Low-Income Households from Lead and Other Home Health and Safety Hazards
Secretary announces funding during visit to Pittsburgh, PA with Vice President Harris and EPA Administrator Regan WASHINGTON - U.S. Department of Housing and Urban Development (HUD) Secretary Marcia...
Delaware Mortgage Relief Program Approved by U.S. Department of the Treasury
Delaware State Housing Authority (DSHA) announced today that the Delaware Mortgage Relief Program plan received approval from the U.S. Department of the Treasury. With approval in hand, the agency is scheduled to launch the program statewide in the next 45 days.
PHFA Accepting Bids for Purchase of Mixed-Use Development Tax Credits
The Pennsylvania Housing Finance Agency announced today that it is accepting bids for the purchase of $4.5 million in mixed-use development tax credits. The funds collected from successful bidders will be used for the construction or rehabilitation of mixed-use developments in Pennsylvania communities.ย The deadline for bids is 2 p.m. on Friday, July 15.
Governor Hogan Celebrates Revitalization Initiatives in Cambridge
Governor Larry Hogan visited Cambridge today to celebrate a number of milestones in the ongoing revitalization of the city, heralding three redevelopment projects that have received more than $20 million in state funding.
NCSHA Washington Report | June 10, 2022
Some of the impacts higher interest rates have on housing costs are fairly obvious, yet their knock-on effects can be surprising in the additional affordability challenges they create. For...
Governor Signs HB2610 Paving Way for More Affordable Housing
Arizona Governor Doug Ducey this week signed HB2610 into law removing the arbitrary cap on the size of affordable housing apartment communities constructed by non-profits wanting to qualify for a property tax exemption. The new law encourages more construction of larger affordable apartment communities across the state that rent solely to income-eligible tenants.
Governor Wolf Announces Funding to Support Affordable Housing Across Pennsylvania
Governor Tom Wolf today announced recipients of a new round of funding for housing programs made available through the Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) fund. The governor named 245 housing and community development initiatives in 67 counties that will share a portion of the total $48.4 million in PHARE funding for fiscal year 2021-22. The PHARE fund is managed by the Pennsylvania Housing Finance Agency.
Raechelle Belli Joins WHEDA as Public Affairs Program Manager
The Wisconsin Housing and Economic Development Authority (WHEDA) announced that Raechelle Belli has joined its marketing and communications team as public affairs program manager.
Elected Officials, Development Partners and Community Members Celebrate Start of Construction at Historic Arctic Mill
Governor Dan McKee, U.S. Senator Jack Reed, Congressman Jim Langevin, RIHousing and state and local leaders today announced the beginning of the redevelopment and adaptive reuse of the historic Arctic Mill into rental housing and commercial space. The Arctic Mill development is the adaptive reuse of two separate historic textile mill buildings into a mixed-use complex comprised of both commercial space and residential rental apartments.
VHFA’s Seth Leonard Selected for Prestigious Fulcrum Fellowship
Vermont Housing Finance Agency (VHFA) is pleased to announce that Seth Leonard, VHFA Managing Director of Community Development, has been selected for the Fulcrum Fellowship of the Center for Community Investment (CCI) at the Lincoln Institute of Land Policy.
