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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,...
Governor Hochul Announces Completion of $64 Million Affordable Housing Development in White Plains
Governor Kathy Hochul today announced the completion of a $64 million mixed-use affordable housing development in the city of White Plains. The Overture at Brookfield Commons is the second phase of redevelopment at the Winbrook Houses campus, a 450-unit public housing development constructed in 1949.
Arizona Cities Can’t Reject Projects and Complain About a Lack of Affordable Housing
Arizona made an unprecedented commitment in this year’s budget to increase affordable housing development in our state. The $60 million earmarked for the Arizona Housing Trust Fund, managed by the Arizona Department of Housing, is a first-of-its-kind appropriation aimed at tackling our statewide housing shortage.
MassHousing Closes on $16.8 Million in Financing for the Adaptive Reuse of the Zelma Lacey House in Charlestown for Senior Citizens
MassHousing has closed on $16.8 million in affordable housing financing to the non-profit Affordable Housing and Services Collaborative (AHSC) and Peabody Properties, for the redevelopment of a three-story Charlestown property into 48 units of affordable, independent living housing for senior citizens.
Iowa Finance Authority and Iowa Association of REALTORS® Announce Inaugural Iowa Homeownership Incubator Competition
The Iowa Finance Authority (IFA) and the Iowa Association of REALTORS® (IAR) today announced the inaugural Iowa Homeownership Incubator. The Incubator is a challenge to Iowa lending institutions and real estate professionals to think innovatively about advancing financial literacy around homeownership among all Iowans, with the winning idea receiving $20,000 to implement.
Bell Testifies on Behalf of NCSHA at Senate Hearing on Tax Incentives for Affordable Housing
WASHINGTON, DC — Oregon Housing and Community Services Executive Director Andrea Bell represented the nation’s state housing finance agencies (HFAs) today at a hearing before the Senate Finance...
Funding Available for the Development of Affordable Housing
South Dakota Housing Development Authority (SDHDA) is inviting developers to submit applications for funding for the development of affordable housing. Funding can be utilized to assist communities in addressing their local housing needs.
NCSHA Washington Report | July 15, 2022
As Covid’s most immediate impacts on the geography of housing demand come into clearer view, the longer-term implications remain uncertain, and hugely consequential, for regional economies and...
