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New Hampshire Housing Names Robert Dapice as Executive Director/CEO
After an extensive national search, the New Hampshire Housing Board of Directors has named Robert (Rob) Dapice as Executive Director/CEO of the organization, as of January 1, 2022. Dapice will succeed Dean Christon, a well-respected and nationally recognized affordable housing advocate and leader who will retire December 31, 2021 after 34 years of service with New Hampshire Housing.
FHA Announces New Single Family Title II Forward and Home Equity Conversion Mortgage Loan Limits for 2022
WASHINGTON - The Federal Housing Administration (FHA) on Tuesday announced new loan limits for calendar year 2022 for its Single Family Title II forward and Home Equity Conversion (reverse) Mortgage...
MaineHousing Announces Old Orchard Beach Affordable Housing Ground Breaking for Milliken
The Szanton Company, a Portland-based housing developer, broke ground today on a major affordable housing development that will create an influx of new year-round housing for Old Orchard Beach residents who are 55 or older. The Milliken Heights development, at 38 Portland Avenue will add a 55-unit apartment building that includes 42 units for households earning below 60 percent of the area median income. The other 13 units will be rented at market rent.
MassHousing Closes on $9 Million in Financing for the Development of Phase I of the Woodland Cove Affordable Rental Housing Community in Wareham
MassHousing has closed on $9 million in financing to Dakota Partners, Inc., to support the development of Phase I of the Woodland Cove affordable rental housing community in Wareham. Dakota Partners is developing the eight-acre site in three phases and Phase I will involve the construction of 63 new rental homes, including seven workforce housing units. Overall, the three-phase development will result in 150 new apartments at Woodland Cove.
Emergency Rental Assistance Program Surpasses 2.5 Million Payments to Renters and Landlords
WASHINGTON — State and local governments provided assistance to more than 521,000 renters and landlords in October through the Department of the Treasury’s Emergency Rental Assistance (ERA)...
State to Release Results of First Housing Study in Nearly Three Decades
A year-long comprehensive statewide housing needs assessment—the first of its kind undertaken in 27 years—is nearing completion, and Kansans are invited to learn about preliminary findings in a series of regional community meetings. The study identifies current housing needs and growth opportunities, including goals to guide the state’s future housing development efforts. “For too long, Kansas has operated without a strategic focus to guide our housing investment, hindering our state’s economic development,” said Ryan Vincent, Executive Director of Kansas Housing Resources Corporation.
MassHousing Closes on $35.3 Million in Financing for the Refinancing and Major Renovation of the 78-Unit Bancroft Dixwell Apartments in Boston
MassHousing has closed on $35.3 million in affordable housing financing to Urban Edge for the refinancing and extensive renovation of the 78-unit Bancroft Dixwell Apartments in Roxbury and Jamaica Plain. Urban Edge will utilize the funding to make substantial renovations to the properties, investing approximately $17 million in property upgrades. As part of the transaction, Urban Edge is merging the 45-unit Bancroft Apartments, and the 33-unit Dixwell Apartments, in Roxbury and Jamaica Plain, into one scattered-site entity.
CalHFA’s Innovative Bond Recycling Program Ramps Up
Following its launch last year, the California Housing Finance Agency’s Bond Recycling Program has steadily gathered interest from local government partners as well as affordable housing developers, leading to today’s announcement of two groundbreaking local partnerships that truly represent a milestone in the world of housing finance.
Kansas Housing Announces New Senior Leaders
Erin Beckerman joins KHRC as General Counsel, following 10 years in private practice at Riordan, Fincher & Beckerman P.A. in Topeka. Jason Fizell directs the Kansas Emergency Rental Assistance (KERA) program, a federally funded relief initiative to support Kansas tenants and landlords financially impacted by the COVID pandemic. Marilyn Stanley joined KHRC in March as the Community Services Block Grant (CSBG) Program Manager and was promoted to direct the forthcoming Kansas Homeowner Assistance Fund (KHAF).
Gov. Edwards, Mayor Hunter Announce $11.3 Million Housing Rehab Program for Lake Charles Residents
"This critical program will help some people impacted by these severe weather events repair their homes, but we are well aware that this is only a start. A large portion of CDBG funding recently allocated to the state of Louisiana for long-term recovery related to the 2020 disasters will go to address unmet housing needs, but the program announced today is a product of the state and city working together to jumpstart that process while we wait for these funds to become available,” Gov. Edwards said.
HUD awards $20 million to 10 organizations for eviction protection and diversion
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced $20 million in inaugural grants from its Eviction Protection Grant Program, the first of its kind for the...
HUD Awards $3.6 Million for Neighborhood Revitalization Plans in Eight Communities
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) on Monday announced $3.6 million has been awarded to eight communities to support comprehensive neighborhood revitalization...