Newsroom
FHFA Announces More than $1.1 Billion for Affordable Housing Programs
Washington, D.C. - Today, FHFA Acting Director Sandra L. Thompson announced that the Housing Trust Fund and Capital Magnet Fund will receive a total of $1.138 billion for affordable housing...
NCSHA Washington Report | February 25, 2022
Before the pandemic, federal social safety net programs typically came with significant application requirements designed to deter con artists seeking to rip off the taxpayers and deprive...
FHFA Announces Final Rule Amending the Enterprise Regulatory Capital Framework
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today published a final rule that amends the Enterprise Regulatory Capital Framework (ERCF) by refining the prescribed leverage...
HUD Secretary Marcia Fudge on Black Homeownership Remaining Lower Than a Decade Ago Despite the U.S. Homeownership Rate Experiencing Largest Annual Increase on Record
WASHINGTON - U.S. Housing and Urban Development Secretary Marcia L. Fudge on Thursday released the following statement on the National Association of Realtors®’ (NAR) 2022 Snapshot of Race and...
States, Localities Helped More Than 3 Million Households Through Emergency Rental Assistance Programs in 2021
Today, the U.S. Department of the Treasury released quarterly data on the use of the Emergency Rental Assistance (ERA) programs—both ERA 1 and ERA 2—in calendar year 2021. The data Treasury released today illustrates the notable success of the program in reaching households most in need in an expedient manner, especially given the challenges of standing up a brand new emergency program that required coordination between policy-makers, program administrators, technology providers, and landlord partners.
Aid Available for Individuals Struggling to Make Their House Payment
South Dakota Housing Development Authority (SDHDA), with funding from the U.S. Treasury, is providing mortgage relief due to the COVID-19 pandemic. If you have been financially impacted due to COVID-19 and are in need of assistance with unpaid mortgages, insurance or utilities, the SD Cares Housing Assistance Program may be of assistance. SDHDA, in collaboration with the Helpline Center and other partner agencies, is working to assist South Dakotans fight against housing instability and homelessness.
New Treasury Data Shows Over 80% of Emergency Rental Assistance Delivered to Lowest-Income Households
WASHINGTON — The U.S. Department of the Treasury released demographic data today showing that funds delivered to millions of households through its Emergency Rental Assistance (ERA) program are...
Pritzker Administration Announces Up to $30,000 in Housing Relief per Eligible Homeowners
ILHAF will provide up to $30,000 in free assistance per homeowner paid directly to the servicer, taxing body or other approved entity on behalf of Illinois homeowners impacted by COVID-19 to prevent mortgage delinquencies, defaults and foreclosures to keep families safe and secure while they regain their financial footing. Program information and updates can be found at illinoishousinghelp.org.
Wendi Redfern-Curtis Joins DCHFA as Senior Vice President of Single Family Programs
The District of Columbia Housing Finance Agency (DCHFA) has named a new Senior Vice President of Single Family Programs, Wendi Redfern-Curtis. As Senior Vice President, Mrs. Redfern-Curtis will oversee DCHFA’s homeownership assistance programs, to include DC Open Doors, DC4ME, DC MAP COVID-19 and the Home Purchase Assistance Program (HPAP). Mrs. Redfern-Curtis has more than 20 years of experience in transformational community development, affordable housing development, and organizational change management.
Governor Hogan Announces $14.5 Million in Project Restore Awards
Governor Larry Hogan today announced the second round of recipients for Project Restore, a $25 million economic recovery initiative that provides financial incentives to revitalize vacant retail and commercial space. In this round of awards, 209 businesses will receive $5.2 million in rental subsidies and $9.3 million in business operations grants over the next two years, totaling $14.5 million in support. Overall, more than 350 businesses across every jurisdiction in the state will benefit from the program.
Mortgage Related Pandemic Relief Soon Available From Alaska Housing Finance Corporation
Alaska homeowners impacted by COVID-19 will soon have access to apply for mortgage and related assistance through Alaska Housing Finance Corporation’s Alaska Housing Homeowner Assistance. The objective of the congressionally approved program is to reduce mortgage delinquencies, forbearances and foreclosures, as well as prevent loss of utilities or energy services, providing a new layer of security for Alaskans facing challenges due to the pandemic.
Centreville Bank Steps Up to Provide Banking Access to RentReliefRI Applicants
RIHousing announced today a new partnership with Centreville Bank to assist RentReliefRI applicants who do not have access to a traditional bank account. RentReliefRI is a program that provides rental and utility assistance to help eligible renters maintain housing stability. The partnership provides banking access to applicants who receive direct rental payments but lack an account or an existing relationship with a financial institution.
