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NCSHA Recognizes State Housing Finance Agencies for Affordable Housing Innovation
WASHINGTON, DC — On September 27, the National Council of State Housing Agencies (NCSHA) recognized state housing finance agencies (HFAs) for programs and practices that effectively address the...
Treasury Issues Preliminary Information About Reallocation of Emergency Rental Assistance
On September 24, Treasury Department Deputy Secretary Adewale O. Adeyemo sent a letter to Emergency Rental Assistance (ERA) program grantees providing preliminary information on how the department will conduct the statutorily required reallocation of ERA funding provided under the Consolidated Appropriations Act of 2021 (ERA 1). Congress requires Treasury, beginning September 30, 2021, to reallocate grantees’ unobligated funds that it determines to be “excess” to other ERA 1 grantees who have obligated at least 65 percent of their funds.
Iowa Finance Authority Awards Habitat for Humanity Affiliates $100,000 to Support Construction of Three Homes in Hawarden and Waterloo
The Iowa Finance Authority Board of Directors recently awarded a total of $100,000 in State Housing Trust Fund grants to Habitat for Humanity affiliates to support the construction of homes in Hawarden and Waterloo. The funding is made available through the State Housing Trust Fund’s Project-Based Housing program.
NCSHA Washington Report | September 24, 2021
The seeds of innovation in state housing finance were planted a century ago, in California, with the passage of a state law to “provide veterans with the opportunity to acquire farms and...
HUD Awards $143 Million in Grants to Support Construction and Project Rental Assistance for New Multifamily Housing for Very Low-Income Seniors
WASHINGTON - The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced on Wednesday that it has awarded $143 million in grants to non-profit...
WHEDA Announces Executive Leadership Change
The Wisconsin Housing and Economic Development Authority (WHEDA) today announced that May yer (“mine-za”) Thao will leave her position as WHEDA Assistant Deputy Director effective September 24, 2021. During her time at WHEDA, Thao has led WHEDA’s equity, diversity, and inclusion efforts throughout all aspects of the organization. She has accepted a new leadership role as President and CEO for the Hmong American Partnership (HAP) in Minnesota.
ND Continuum of Care Awarded Grant to Prevent and End Youth Homelessness
The North Dakota Continuum of Care (CoC) has been awarded a $1,975,377 Youth Homelessness Demonstration Program (YHDP) grant from the U.S. Department of Housing and Urban Development (HUD). “The North Dakota Continuum of Care will lead a collaborative effort that brings together service providers to uncover and address the causes of homelessness among young adults in our state,” said Dave Flohr, North Dakota Housing Finance Agency (NDHFA) executive director.
RIHousing Awarded Funding to Support Counseling Services for Rhode Island Homeowners Facing Foreclosure
RIHousing has been awarded just over $112,000 in funds from NeighborWorks America’s new Housing Stability Counseling Program (HSCP) to help Rhode Island homeowners facing foreclosure and housing instability. The HSCP aims to help eligible nonprofits and agencies provide direct housing counseling services to individuals and families facing housing instability, such as foreclosure and homelessness. “These funds come at a critical time for Rhode Island families,” said Carol Ventura, Executive Director of RIHousing.
MassHousing Closes on $31.4 Million for the Refinancing and Extension of Affordability at the 219-Unit Franklin Park Apartments in Boston
MassHousing has closed on $31.4 million in affordable housing financing to The Community Builders, Inc. (TCB) for the refinancing and extension of affordability at the 219-unit Franklin Park Apartments in Boston. TCB will extend rental assistance affordability protections for 155 of the 219 units at Franklin Park Apartments by an additional 29 years and will also complete approximately $1.5 million in property improvements at the 15-building housing community, which is located on 12 scattered sites in Dorchester and Roxbury.
NCSHA Washington Report | September 17, 2021
During a week when historic housing legislation advanced in Congress, HUD announced it “will begin obligating” billions for homeless housing relief to states and cities, and FHFA continued...
Developer Celebrates Grand Reopening of Courtyard Apartments
Affordable Housing Developers Inc. (AHDI) celebrated the Grand Reopening of Courtyard Apartments, an independent living community for households age 62 or older, today. The property, which was originally constructed in 1981, required extensive structural repairs. “Affordable Housing Developers leveraged as many funding sources as possible to renovate Courtyard Apartments,” said Andrea Diede, AHDI executive director. “The property is the last subsidized housing available in Rugby, and public funding was needed to perform much-needed repairs and mitigate health and safety concerns.”
Murphy Administration Encourages Those Impacted by Tropical Storm Ida to Utilize Resources Available Through New Jersey Housing Resource Center
New Jerseyans displaced from their homes due to damage from Tropical Storm Ida are encouraged to use the online housing locator, the New Jersey Housing Resource Center (NJHRC), to help quickly find transitional or long-term housing. The NJHRC, located on the web at www.NJHRC.gov, is a free service to people in search of housing and to landlords who are looking to provide housing. A bilingual toll-free number 1-877-428-8844 is also available to both renters and landlords to access to this service.