Newsroom
Tax Credits Will Provide Financing for More Than 786 Units of Affordable Housing, Fund Loan Program
The Connecticut Housing Finance Authority has awarded $10.9 million from the State Housing Tax Credit Contribution (HTCC) program to non-profit developers of affordable housing and non-profit housing loan programs in Connecticut (a list of recipients is included below). The recipients offer the tax credits to business firms in exchange for cash contributions toward their affordable housing developments or loan funds.
DCHFA Cuts the Ribbon at The Douglass: A Todd A. Lee Townhome Community in Ward 8
DCHFA and H2 Development have cut the ribbon on eight affordable single-family townhomes in Ward 8’s Anacostia neighborhood. The Douglass: A Todd A. Lee Townhome Community consists of eight modern, affordable homes which were developed under DCHFA’s HIP program. HIP partners with local, emerging developers to create homes priced for workforce incomes, residents earning between 60-120 percent of the area median income (AMI).
Gov. Pritzker Announces $443 Million in Emergency Rental Assistance Disbursed, More Than 90 Percent of State’s Initial Relief Allocation
Governor JB Pritzker and the IHDA today announced that more than $443 million in emergency rental assistance has been paid on behalf of 49,100 households through the ILRPP. With 90 percent of the more than $500 million in available ILRPP funds paid to households in need, Illinois continues to be one of the highest providers of rental assistance in the country in terms of households assisted and dollars disbursed.
More Than 36,000 Michigan Renter Households Helped Through CERA Program
The state has surpassed the 65% obligation threshold set by the U.S. Department of the Treasury for $622 million in rental relief sent to Michigan from the coronavirus aid package passed in December 2020. The Michigan State Housing Development Authority (MSHDA) estimates $425 million has been spent or obligated by the September 30 deadline through its COVID Emergency Rental Assistance (CERA) program.
Idaho Housing and Finance Looks to the Future With eNotes
Technology has changed the way people buy homes and Idaho Housing and Finance is helping lead the way with the introduction of its eNote program. eNote technology allows Idaho Housing to securely accept, purchase and deliver electronic mortgage notes through the Mortgage Electronic Registration System. MERS says use of eNotes grew 261% in 2020.
Louisiana Housing Corporation Recognized for Program Excellence by National Organization
LHC statewide effort to significantly address and combat homelessness in Louisiana was acknowledged this week during the National Council of State Housing Agencies (NCSHA) 50th Annual Virtual Housing Conference. The 2021 Annual Awards for Program Excellence is a national award that recognizes some of the affordable housing community’s toughest challenges.
Maryland Department of Housing and Community Development Announces $135 Million in Emergency Rental Assistance Funding Provided For Tenants and Landlords Affected By COVID-19 Pandemic
The Maryland Department of Housing and Community Development today announced the Emergency Rental Assistance Program has approved $135 million to assist 15,000 renters affected by the COVID-19 pandemic. Early projections show a continued positive trend with an estimated more than $50 million in assistance to be paid out in September.
NCSHA Announces 2022 Board of Directors
WASHINGTON, DC — The National Council of State Housing Agencies elected its 2022 Board of Directors on September 26 during the association’s 50th Annual Conference. Board officers and directors...
WHEDA Announces Board Leadership Transition
The Wisconsin Housing and Economic Development Authority (WHEDA) today announced that Ivan Gamboa will step down as WHEDA board chair effective Oct. 1, 2021. Gamboa was initially appointed to the position by former Gov. Scott Walker in 2016 and reappointed to the role by Gov. Tony Evers in 2019. Gov. Evers has appointed WHEDA board member Ranell G. Washington as the new board chair.
CalHFA Introduces ADU Grant Program Offering up to $25,000 to Help Homeowners Build More Affordable Housing Options
Following a Tuesday event in Oakland where Governor Gavin Newsom signed legislation to boost affordable housing supply and strengthen accountability measures – and touted the state’s $22 billion investment in a broad range of housing types including Accessory Dwelling Units (ADUs) — the California Housing Finance Agency is thrilled to introduce its new ADU Grant Program.
Strehlow Recognized With Champion of Affordable Housing Legacy Award
North Dakota Housing Finance Agency (NDHFA) recognized Blake Strehlow, executive director of the Housing Authority of Cass County (HACC), with a Champion of Affordable Housing Legacy Award in September at an open house for Monterey and Brighton Place, the housing authority’s new affordable senior housing community in West Fargo, ND.
Iowa Finance Authority Awards More Than $13.2 Million in Federal Housing Tax Credits for the Construction of Nearly 700 Rental Homes
The Iowa Finance Authority Board of Directors recently awarded a total of more than $13.2 million in federal housing tax credits to support the construction of 699 rental homes for Iowans. The eighteen rental housing projects are located in Boone, Cedar Rapids, Clinton, Council Bluffs, DeWitt, Grinnell, Johnston, Marion, Marshalltown, Shenandoah and West Des Moines.
