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Puckette Joins Mainehousing as Staff Attorney

MaineHousing is pleased to announce that Jimmy Puckette has joined the agency legal team as an attorney. Puckette most recently worked in the Androscoggin District Attorney's Office.

FHFA Announces Equitable Housing Finance Plans for Fannie Mae and Freddie Mac

โ€‹โ€‹Washington, DC โ€“ย The Federal Housing Finance Agency (FHFA) today announced the release of Fannie Mae's and Freddie Mac's (the Enterprises) Equitable Housing Finance Plans for 2022-2024....

Familiar Name Earns CalHFA Board Member Appointment

The California Housing Finance Agency is pleased to welcome the return of Stephen Russell to the CalHFA Board of Directors under an appointment from the Senate Rules Committee. Until April of this year, Mr. Russell served on the Board as an appointee of the Assembly Speaker.

COVID Emergency Rental Assistance Program Application Period to End June 30

The Michigan State Housing Development Authority (MSHDA) has announced that it will soon have enough applications through the COVID Emergency Rental Assistance (CERA) program to encumber all funds available. Applications for CERA through the online portal will stop being accepted as of 9:00 p.m. Thursday, June 30.ย  Michiganders with rent arrears should apply immediately for potential consideration.

NCSHA Washington Report | June 3, 2022

HUD Secretary Fudge and her regional office leaders were out in force this week highlighting how the agencyโ€™s programs are helping create more affordable homes alongside state and local...

LHC Announces Completion of Storm Resilient Housing Community Les Maisons de Bayou Lafourche in Lockport, LA

The Louisiana Housing Corporation (LHC) today announced the completion of the 35-unit storm-resilient affordable housing community, Les Maisons de Bayou, located in Lockport, Louisiana. LHC Executive Director Joshua G. Hollins joined Louisiana Office of Community Development (OCD) Executive Director Pat Forbes, Lockport Mayor Paul Champagne, and developer Gulf Coast Housing Partnership to cut the ribbon on the $11 million development.

Federal Rental Assistance Program Closes to New Applications

The federally funded RentReliefRI program closes to new applications at 11:59 p.m. on Wednesday, June 1, 2022. Launched in March of last year, the program provides financial assistance to cover rent arrears, forward facing rent, utility arrears and certain other housing expenses. Funded via the U.S. Treasury, the federally-funded RentReliefRI program provides financial assistance to eligible Rhode Island renters impacted by the COVID-19 pandemic.

State Sets Record for Affordable Housing Tax Credit Award Dollars

The Arizona Department of Housing (ADOH) today announced it has awarded $30.1 million in federal 9% Low-Income Housing Tax Credits (LIHTC) to 16 affordable housing projects, including 7 in rural communities. The all-time record amount comes after a reengineered process of awarding tax credits and implementation of the new State Tax Credit program.

FHFA Announces Final Rule Requiring Fannie Mae and Freddie Mac to Submit Annual Capital Plans

Washington, D.C.ย โ€“ The Federal Housing Finance Agency (FHFA) today published a final rule that supplements the Enterprise Regulatory Capital Framework (ERCF) by requiring Fannie Mae and Freddie...

Secretary Fudge Launches โ€œOur Way Homeโ€ Initiative to Increase Affordable Housing Supply in Local Communities

WASHINGTON - U.S. Housing and Urban Development Secretary Marcia L. Fudge on Wednesday launched theย Our Way Homeย initiative, a new effort to boost the nationโ€™s affordable housing supply.ย Our Way...

Pritzker Administration Awards $34 Million in Tax Credits for Affordable Housing

Governor JB Pritzker and the Illinois Housing Development Authority (IHDA) Board announced today conditional awards totaling nearly $34 million in federal Low-Income Housing Tax Credits (LIHTC) that will fund 25 affordable housing developments in 15 counties across Illinois. Once sold to investors, the tax credits will generate an estimated $296 million in private capital to finance the creation and/or preservation of 1,343 affordable units for low- to moderate-income families, seniors, veterans and persons with special needs.

Governor Hochul and Mayor Adams Announce Construction to Begin on $100 Million Mixed-Use Affordable Housing Development in Queens

Governor Kathy Hochul and Mayor Adams today announced the start of construction on a $100 million affordable and supportive housing development in Far Rockaway, Queens. The 17-story building with 194 apartments is the first phase of an 11-phase master redevelopment at the former Peninsula Hospital Center site. Known as Edgemere Commons, the mixed-use community will eventually offer over 2,000 affordable homes, retail, community space, medical facilities, and outdoor public space.