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Vermont Homeowner Assistance Program Awards $11 Million in Grants During First Six Months
Over $11 million of a $50 million program to pay overdue housing costs for homeowners impacted by the pandemic has been disbursed within the first six months of the program. The Vermont Housing Finance Agency (VHFA) launched the Homeowner Assistance Program (HAP) in January 2022 with funding from the federal American Rescue Plan Act. It provides grants of up to $30,000 for income-eligible homeowners.
Gov. Ige Celebrates Completion of Affordable Housing Projects On Oahu and Maui
Gov. David Ige recently joined developers on Oahu and Maui to commemorate the completion of two affordable housing projects that received significant financial support from the State of Hawaii.
State Housing Agency Awards Nearly $80 Million in Housing Tax Credits, Represents 4,024 New and Rehabbed Units Across Texas
The Texas Department of Housing and Community Affairs (TDHCA) has awarded nearly $80 million in housing tax awards in July that will help finance the development or rehabilitation of 61 rental properties throughout the state, offering reduced rents and increased housing options throughout the state.
Keynote Speaker Lineup Unveiled for 2022 Governor’s Conference on Housing and Economic Development
Lieutenant Governor and New Jersey Department of Community Affairs (DCA) Commissioner Sheila Y. Oliver today announced that HUD Region II Regional Administrator Alicka Ampry-Samuel and City of Newark Mayor Ras J. Baraka will headline as keynote speakers for the 2022 Governor’s Conference on Housing and Economic Development.
Governor Hochul and Mayor Adams Announce Groundbreaking on $189 Million Affordable and Supportive Housing Development in the Bronx
Governor Kathy Hochul and New York City Mayor Eric Adams today announced the groundbreaking on a $189 million affordable housing development in the Morris Heights section of the Bronx. Starhill Phase I will feature 326 affordable apartments, including 200 homes with supportive services for individuals experiencing homelessness.
MassHousing Closes on $16.4 Million for the Refinancing and Preservation of Affordability at the 99-Unit Stony Brook Court in Sharon
MassHousing has closed on $16.4 million in affordable housing financing to South Norfolk Elderly Housing Services, Inc. for the preservation and improvement of the 99-unit Stony Brook Court in Sharon. As part of the transaction, affordability protections for senior citizens living at the property will be extended for at least 39 years.
HUD Publishes Draft Housing Assistance Payment Support Services Procurement Solicitation for Public Feedback HUD
Draft solicitation contains proposal for future formal solicitation for Housing Assistance Payments (HAP) Contract support services supporting HUD Multifamily Assisted Housing Portfolio WASHINGTON,...
Treasury Announces New Steps to Increase Affordable Housing Supply and Lower Long-Term Housing Costs for American Families
Treasury releases guidance updates and how-to guide to increase investments in affordable housing using American Rescue Plan funds WASHINGTON – The U.S. Department of the Treasury announced new...
White House rewrites rules to push more affordable housing with COVID-19 rescue funds
WASHINGTON — The Biden administration is expanding ways cities and states can use COVID-19 rescue funds to build more affordable housing amid skyrocketing home prices. New guidance from...
Treasury Department Boosts Affordable Housing with Fiscal Recovery Funds
The Treasury Department today announced new guidance that will significantly increase the ability of state, local, and tribal governments to use Coronavirus State and Local Fiscal Recovery Funds to directly support the development of affordable housing and help lower housing costs.
MassHousing Closes on $10 Million for the Refinancing and Extension of Affordability at the 65-Unit Chestnut Gardens Apartments in Lynn
MassHousing has closed on $10 million in affordable housing financing to Preservation of Affordable Housing (POAH), to refinance the 65-unit Chestnut Gardens Apartments in Lynn and extend affordability protections for lower-income senior citizens and residents with disabilities living at the property for at least 25 years.
NCSHA Washington Report | July 22, 2022
At this week’s Senate Finance Committee hearing on tax incentives for affordable housing, Oregon Housing and Community Services Executive Director Andrea Bell didn’t mince words,...
