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NCSHA Washington Report | March 25, 2022
Sarah Bloom Raskin’s withdrawal last week of her nomination to become vice chair of the Federal Reserve due to Senate Banking Committee Republicans’ and Senator Manchin’s objections to...
U.S. Rep. Madeleine Dean Helps Celebrate $3.95 Million in Grants to Support Homeless Services in Pennsylvania
The Pennsylvania Housing Finance Agency (PHFA) and the Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) held an event today to celebrate $3.95 million in Home4Good funding awarded to programs across the state working to reduce homelessness.
RIHousing Recognizes Top-Performing Lender Partners of 2021
After a strong year in mortgage lending, RIHousing announced its top-producing lender partners of 2021. Working with more than 30 lender partners throughout Rhode Island, the agency helped over 1,700 first-time homebuyers purchase homes last year.
Paint – South Dakota Campaign Seeking Volunteers
"Paint – South Dakota” is underway and South Dakota Housing Development Authority (SDHDA) is seeking volunteer painters and nominations for houses to be painted.
Maryland Mortgage Program Recognizes Top Lender and Realtor Partners
The Maryland Department of Housing and Community Development recognized the top performing lender and realtor partners during the Maryland Mortgage Program’s recent virtual awards event, which featured remarks from Governor Larry Hogan and Secretary Kenneth C. Holt.
Homeless Continuum of Care Receives Competitive Grant
The U.S. Department of Housing and Urban Development (HUD) awarded a $2.1 million competitive grant to North Dakota’s Homeless Continuum of Care (CoC) to support the work of nonprofit providers, public housing authorities and government agencies that provide housing and support services to people experiencing homelessness.
Biden-Harris Administration Unveils Action Plan of Wide-Ranging Set of Reforms to Advance Equity in Appraisals
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today announced the delivery of the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) Action Plan to...
MassHousing Awards $245,845 for Affordable Sober Housing to Support Men, Women, and Families in Five Communities
MassHousing has awarded a total of $245,845 in grant funding to create 22 new affordable sober housing units and preserve and additional 45 sober homes for men, women, and families in five communities. The grants come from the Center for Community Recovery Innovations, Inc. (CCRI), a nonprofit subsidiary corporation of MassHousing that helps nonprofits create or preserve affordable sober housing in Massachusetts for individuals in recovery.
MassHousing Closes on $6.5 Million in Financing for the Development of Phase 3 of the Woodland Cove Affordable Rental Housing Community in Wareham
MassHousing has closed on $6.5 million in financing to Dakota Partners, Inc., to support the continued development of the Woodland Cove housing community in Wareham. The MassHousing financing will allow Dakota Partners to create 24 new affordable rental homes, including 18 workforce housing units, in the third and final phase of construction at Woodland Cove. Overall, Dakota Partners is creating 150 new mixed-income apartments at an eight-acre site in Wareham.
IRS Provides Permanent Authority to Conduct Telephonic Public Hearings for Tax-Exempt Bonds and Housing Credit QAPs
On March 18, the Internal Revenue Service (IRS) issued Revenue Procedure 2022-20, providing permanent authority to conduct telephonic public hearings for tax-exempt private activity bonds. IRS...
MSHDA’s Annual Public Housing Agency Plan Receives Approval for 2022-2023 Fiscal Year
The Michigan State Housing Development Authority (MSHDA) Board has approved the annual fiscal year 2022-2023 Public Housing Agency (PHA) plan, which outlines the policies, operations and strategies for MSHDA’s Housing Choice Voucher (HCV) program. Approval for the annual PHA plan came during the Board’s March meeting. The HCV program helps approximately 28,000 homeless and extremely low-income individuals and families annually through rent subsidies in private homes or apartment buildings. Approval for the 2022-2023 fiscal year supports the five-year PHA plan adopted January 1, 2019.
California Mortgage Relief Program Releases Community Toolkit to Increase Awareness, Assist Partners and Applicants
The California Mortgage Relief Program, which launched at the end of 2021, released a new toolkit encouraging community organizations to help raise awareness about this new financial resource for homeowners who are behind on housing payments as a result of financial hardships stemming from the pandemic.