Newsroom
Pritzker Administration Launches $309 Million Assistance Program for Illinois Homeowners
Governor JB Pritzker and the Illinois Housing Development Authority (IHDA) announced today the opening of the Illinois Homeowner Assistance Fund (ILHAF) to help homeowners who have fallen behind on monthly mortgage payments and/or related housing expenses as a result of the COVID-19 pandemic. Struggling homeowners will be eligible for up to $30,000 in free assistance to pay past due mortgage payments, property taxes, property insurance, and delinquent homeowner and/or condo association fees.
MaineHousing Increases Down Payment Assistance for First Time Homebuyers
MaineHousing is pleased to announce it will increase its Advantage down payment assistance grant available to first time homebuyers from $3,500 to $5,000. The increase will add to the savings of hopeful first-time homebuyers to help overcome one of the biggest hurdlest to securing financing for a mortgage. While MaineHousing's base interest rate is increasing slightly going from 2.85 percent to 3.50 percent, the rate remains well below the current private market rate average of nearly 5 percent.
FACT SHEET: How Treasury’s Implementation of American Rescue Plan Programs Prioritizes Equity
The American Rescue Plan (ARP) represents a historic commitment to support those most impacted by COVID-19. While the legislation itself embodied this commitment in numerous ways, the key to the...
NCSHA Washington Report | April 8, 2022
Dozens of cities across the U.S. are clearing encampments of unhoused people and “pushing other strict measures to address homelessness that would have been unheard of a few years ago,”...
Pennsylvania Homeowner Assistance Fund Program Dashboard Now Live
A new program dashboard has launched with detailed data about the Commonwealth’s homeowner relief program for individuals who have been financially impacted by the COVID-19 pandemic. The Pennsylvania Homeowner Assistance Fund, or PAHAF, administered by the Pennsylvania Housing Finance Agency (PHFA), has made a program dashboard publicly available to provide a real-time snapshot of both statewide and county-level totals and information on the program.
CHFA Appoints Board of Directors Officers
Colorado Housing and Finance Authority is pleased to announce the appointment of officers to its Board of Directors for the 2022-2023 term. CHFA’s 11-member board serves as the governing body of the organization and establishes policies to further its mission of affordable housing and community development. CHFA has appointed Amber Hills as its board chair for a second term. CHFA also welcomes Nathan Peterson as its board chair pro tem, and Rick Garcia as its board secretary and treasurer.
State Announces Two Programs for Current or Future California Homeowners
The state of California today announced two programs to help Californians become homeowners or to remain homeowners – a program to provide forgivable loans to homebuyers for up to ten percent of the purchase price, and the approval of $67 million to fund projects that will support low- and very low-income households so that they can become or remain homeowners.
Governor Hochul Announces $34 Million in Federal Funds to Improve Energy Efficiency for Over 1,000 Homes
Governor Kathy Hochul today announced $34 million in federal funding awards for over 1,000 homes to become more energy efficient and climate friendly. Awarded through the state's Weatherization Stimulus Program, the funding will support electrification and electrification-ready upgrades that will lower energy costs and improve health outcomes for income-eligible renters and homeowners.
NCSHA Washington Report | April 1, 2022
Today an estimated 2.4 million homeowners will start paying more for their flood insurance. For 330,000 of them, the increases will be significant, and since many live in the same coastal areas,...
Treasury Details ERA 2 Reallocation Process, Announces Grantees Have Spent or Obligated $30 Billion
Today, the U.S. Treasury Department published its plans for reallocation of unspent dollars from the Emergency Rental Assistance program authorized under the American Rescue Plan Act (ERA 2).
Treasury Announces $30 Billion in Emergency Rental Assistance Spent or Obligated with Over 4.7 Million Payments Made to Households Through February 2022
WASHINGTON — The U.S. Department of the Treasury announced today that through February 2022, state and local Emergency Rental Assistance (ERA) grantees have made over 4.7 million payments to...
Emergency Rental Assistance Remains Available
Kansas Emergency Rental Assistance (KERA) funding remains available to support Kansans at risk of eviction. KERA provides rent, utility, and internet assistance to households that have experienced a financial hardship during the pandemic. "More than a third of Kansans rent their homes, and many have struggled to cover rent and utility bills since the pandemic began,” said Ryan Vincent, Executive Director of Kansas Housing Resources Corporation (KHRC), which administers the KERA program.
