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NJHMFA Financing to Continue Sandy Repairs at Hoboken Public Housing Buildings
Five Hoboken public housing complexes heavily damaged in Superstorm Sandy will receive $12.8 million in financing from the New Jersey Housing and Mortgage Finance Agency (NJHMFA) to continue needed repairs, improve housing for residents and make the buildings more resilient against future storms. The buildings, which are vulnerable to flooding, are owned by the Hoboken Housing Authority (HHA) and provide over 1,150 affordable apartments for families and seniors.
NCSHA Washington Report | November 1, 2019
Housing industry analyst John McManus predicts that, within a few years, at least three of the top 10 home-building companies will have a business model aimed at the affordability...
HUD Awards $1.5 Million to Public Housing Authorities to Assist Young People Aging Out of Foster Care
WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out of foster care and who are...
CalHFA’s Tia Boatman Patterson Elected NCSHA Board Chair for Second Term
Following her successful first year as Chair of the Board of Directors of the National Council of State Housing Agencies (NCSHA), California Housing Finance Agency (CalHFA) Executive Director Tia Boatman Patterson was reelected to the Board leadership role at the organization’s Annual Conference last week. Boatman Patterson has been an active participant in NCSHA since she was appointed to lead CalHFA in 2014.
Brookline Affordable Housing Community for Senior Citizens and Residents with Disabilities Will See Extensive Renovations and the Extension of Affordability with the Closing of $25 Million in MassHousing Financing
MassHousing has provided $25 million in financing to the Brookline Housing Authority (BHA) to provide significant improvements to the 100-unit Arthur O’Shea House located at 61 Park Street in Coolidge Corner. The MassHousing financing will allow the BHA to make comprehensive renovations to the property, which is home to lower-income senior citizens and residents with disabilities, and to help ensure affordability at the property in perpetuity.
FHFA Reports GSEs Met 2018 Affordable Housing Goals and Duty-to-Serve Requirements
According to a report released today by the Federal Housing Finance Agency (FHFA), the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac in 2018 met all their affordable housing goals and their obligations under the Enterprise Duty-to-Serve Rule. The report, which FHFA submits to Congress each year, summarizes the GSEs’ 2018 affordable housing activities.
NCSHA Announces Newly-Elected Board Officers and Directors
PHOTO, L to R: Vice Chair Scott Spivey, Immediate Past Chair Grant S. Whitaker, NCSHA Executive Director Stockton Williams, Secretary/Treasurer Margaret Salazar, Chair Tia Boatman Patterson, and...
South Carolina’s First Comprehensive Housing Needs Assessment in Two Decades
In 1971, then US Senator Fritz Hollings said, “Poverty is a wheel with several spokes. On this wheel you've got the spoke of health, the spoke of housing, job training, job opportunity and rehabilitation.” At that time, hunger was seen as one of the state’s most pressing problems. Today a different challenge dominates the state (and nation)—a growing, pressing need for available and affordable housing.
SDHDA Awards Dick Werner with Friend of Housing Award
South Dakota Housing Development Authority (SDHDA) presented its “Friend of Housing” Award to Dick Werner at the annual statewide housing conference. This is the twentieth year of SDHDA presenting the award to an individual who has made a commitment to affordable housing in South Dakota through their contributions, achievements and vision. As a former legislator and county commissioner, Werner spent many years advocating the importance of affordable housing all across South Dakota.
Ribbon Cutting Marks Completion of Major Renovation of Affordable Apartments in Camden
New Jersey Housing and Mortgage Finance Agency (NJHMFA) Executive Director Charles A. Richman, local officials and The Michaels Organization today celebrated the completion of the major renovation of 64 townhomes that will preserve historic properties and affordable homes for families in Camden. Cooper Plaza Historic Townhomes involved the restoration of a five-block section of homes near Cooper University Hospital and the city’s downtown business district, close to jobs, transportation, shopping and schools.
Governor Wolf Announces New Funding to Help Create a New Shopping Center with Supermarket in Reading
Governor Tom Wolf today announced that CCG has completed a NMTC transaction of up to $8 million to rehabilitate a former automotive dealership site into a mixed-use retail shopping center in Reading. “This large, vacant parcel of land was having a negative effect on nearby neighborhoods, discouraging investment and reducing home values,” said Gov. Wolf.
New FHFA Strategic Plan and Scorecard Lay Path for GSEs to Exit Conservatorship, Support Administration Reform Plan
The government-sponsored enterprises Fannie Mae and Freddie Mac will be expected to prepare for a responsible end to their conservatorships and to help to implement the Trump Administration’s housing finance reform proposals under the Federal Housing Finance Agency’s newly-released Strategic Plan for 2019 and Enterprise Scorecard for 2020
