Newsroom
Utah Housing Corporation Announces Additional $5.3 Million Housing Credits to Advance Affordable Rental Housing Across the State
On March 18, 2020, a 5.7 magnitude earthquake hit the Salt Lake Valley, with an epicenter 6 km north-northeast of Magna, Utah. Because of this earthquake, the State of Utah was approved for a federal disaster declaration. The Consolidated Appropriations Act of 2020, H.R. 144, signed into law by President Trump on December 27, 2020 allocated additional 9% Housing Credits, to several states affected by natural disasters in 2020. Utah received an additional $5,300,000 of Housing Credits.
Homeless Point-in-Time Count Planned for Jan. 27th
The North Dakota Continuum of Care (ND CoC) will conduct a Point-in-Time (PIT) Count of the people in the state who are experiencing homelessness on Jan. 27, 2021. “The data collected during the Point-in-Time Count is used to measure homelessness at a local, state and national level,” said Dave Flohr, North Dakota Housing Finance Agency (NDHFA) executive director. “The information helps to identify strengths and service gaps, increase public awareness, measure progress, and assist local entities with system planning and responses.”
Affordability Extended for Lower-Income Households and Senior Citizens at Dorchester Housing Community as a Result of $14.8 Million in MassHousing Financing
MassHousing has provided $14.8 million in affordable housing financing to School House Brookledge Cummins Limited Partnership, an affiliate of EAF Associates, to preserve the affordability of the 90-unit School House Brookledge Cummins property in Dorchester. As a result of the MassHousing financing, affordability protections for lower-income households and senior citizens living at the property will be extended by at least 28 years.
Kansas Housing, Kansas Gas Service Partner to Provide Expanded Weatherization Services
Customers of Kansas Gas Service, a division of ONE Gas Inc., may qualify for up to $5000 in weatherization-related home repair assistance thanks to a new partnership between the energy company and Kansas Housing Resources Corporation (KHRC), the state’s housing finance agency. The funding, made possible through an $80,000 grant from the ONE Gas Foundation, will finance essential home repairs and upgrades to enable weatherization services.
NCSHA Washington Report | January 22, 2021
There are two reasons why low-income homeowners need emergency relief in addition to more mortgage forbearance, which FHFA and FHA recently extended through the end of February and March,...
Biden Administration Authorizes Extension of Federal Housing Administration Single Family Foreclosure and Eviction Moratorium
WASHINGTON - Yesterday, the Biden Administration requested the U.S. Department of Housing and Urban Development and other Federal Agencies to extend its foreclosure and eviction moratorium for...
Sen. Rachel Zenzinger Appointed to CHFA’s Board of Directors
Colorado Housing and Finance Authority (CHFA) is pleased to announce that Sen. Rachel Zenzinger has been appointed to serve on its board of directors. CHFA’s 11-member board serves as the governing body of the organization and establishes policies to further its mission of affordable housing and community development. Sen. Zenzinger represents Senate District 19 in Jefferson County. She is a leading voice in the Colorado General Assembly for increased funding to advance the state’s diverse housing needs.
Treasury Guidance on Emergency Rental Assistance Requires Third-Party Documentation of Income, Hardship
Today, the U.S. Department of the Treasury published a Frequently Asked Questions document providing guidance on the $25 billion Emergency Rental Assistance program enacted under the Consolidated Appropriations Act of 2021. Despite the seemingly unanimous urging of NCSHA and other organizations representing both grantees and low-income households, Treasury is requiring applicants for assistance to provide third-party source documentation evidencing income and their experience of unemployment or financial hardship due directly or indirectly to COVID-19.
CHFA Hires New Community Relationship Managers Serving Western and Southwest Colorado
Colorado Housing and Finance Authority (CHFA) is pleased to welcome Margie Joy and Christopher Lopez as its newest community relationship managers serving the Western Slope and southwest Colorado. In their roles, Joy and Lopez will help CHFA advance its work to strengthen Colorado by investing in affordable housing and economic development. CHFA partners with the private, nonprofit, and public sectors to support affordable homeownership, the development and preservation of affordable rental housing, and help small- and medium-sized businesses access capital.
IRS Housing Credit COVID-19 Relief Notice Addresses All NCSHA Recommendations
On January 15, the Internal Revenue Service (IRS) issued Notice 2021-12 which extends all COVID-19 relief measures originally provided under Notice 2020-53 and provides further relief not included in that original COVID-19 relief notice. The deadline extensions and waivers provided under Notice 2020-53 expired at the end of 2020.
NCSHA Washington Report | January 15, 2021
The Treasury Department apparently is about to decide how much documentation millions of desperate low-income renters will have to show states and cities to be eligible for aid under the new...
Governor Hogan Announces $30 Million in Emergency Relief for Music and Entertainment Venues
Governor Larry Hogan today announced $30 million in awards for more than 90 live music and performance venues, live entertainment promoters, and independently-owned local movie theaters whose operations have been impacted by COVID-19. This is part of the more than $700 million in emergency economic relief provided by the State of Maryland. "These awards will save hundreds of jobs and help many of Maryland's entertainment venues sustain their operations until they can safely and fully reopen," said Governor Hogan.
