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HUD Awards $472 Million to Public Housing Authorities to Help Keep Residents Housed
Washington - The U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced $472 million in CARES Act funding to help low income families during the coronavirus...
NCSHA Washington Report | August 7, 2020
For decades, state housing finance agencies have stepped up as first housing assistance responders to disasters and emergencies. From sudden hurricanes, floods, and wildfires to sustained...
HUD Awards $74 Million to State Housing Agencies for Housing for Persons with Disabilities
HUD announced on August 3 it had awarded more than $74 million in Section 811 Supportive Housing for Persons with Disabilities grants to 12 state housing agencies, including 10 state housing finance agencies. The awards will provide project-based rental assistance to approximately 2,400 units for up to five years.
Multifamily Property Owners in Forbearance Now Required to Inform Tenants of Eviction Suspension and Tenant Protections
Washington, D.C.– To increase awareness of available tenant protections, the Federal Housing Finance Agency (FHFA) announced today that multifamily property owners with mortgages backed by Fannie...
WHEDA Welcomes Two New Board Members
State Rep. Kalan Haywood II, who represents Wisconsin’s 16th Assembly District in Milwaukee and Ranell Washington, partnership development adviser for American Family Insurance, have been appointed to serve as members of the Wisconsin Housing and Economic Development Authority (WHEDA) Board of Directors.
WHEDA Updates Application Materials for Rural Affordable Workforce Housing Initiative
The Wisconsin Housing and Economic Development Authority has updated online information about the rural affordable workforce housing pilot to reflect community inquiries. The pilot will work with stakeholders from at least three rural communities to develop partnerships and processes that ultimately will benefit communities statewide. Following two webinars to introduce the project and engage with stakeholders, WHEDA received a number of interesting and unanticipated questions, prompting helpful updates to the application materials and FAQs.
Homeowner Rehabilitation Program Funds Available
South Dakota Housing Development Authority has $1,000,000 available in HOME Homeowner Rehabilitation program funds for eligible organizations to assist low income homeowners rehabilitate their homes. Eligible organizations that can apply for the HOME Homeowner Rehabilitation program include Community Action Program (CAP) agencies and qualified non-profit organizations. The HOME Program is funded by the U.S. Department of Housing and Urban Development and administered by South Dakota Housing Development Authority.
South Dakota Housing Development Authority Welcomes New Board Member
Gov. Kristi Noem has appointed Preston Steele to the South Dakota Housing Development Authority (SDHDA) Board of Commissioners. Steele serves as the chief executive officer of American Trust Insurance in Huron. He has a bachelor’s degree in business management with a finance emphasis from the University of South Dakota. “We are excited to have Preston joining us,” said Mark Lauseng, Executive Director. “His experience and background in banking and development will be a valuable addition to the Board of Commissioners.”
Hud Awards Over $74 Million in Grants to Support Affordable Rental Housing for Extremely Low-Income Persons with Disabilities
Washington – The U.S. Department of Housing and Urban Development today announced the award of over $74 million in grants to 12 state housing finance agencies to support affordable rental housing...
MassHousing Closes on $87.2 Million in Financing for the Renovation and Extension of Affordability at the 300-Unit 808 Memorial Drive in Cambridge
MassHousing has closed on a total of $87.2 million in affordable housing financing to the non-profit Homeowners Rehab, Inc. (HRI), for the modernization and preservation of affordability at the 300-unit 808 Memorial Drive in Cambridge. The MassHousing financing will allow HRI to extend affordability protections at the property by at least 15 years, and to invest substantially in property renovations. The 300 apartments are contained in two high-rise buildings on Memorial Drive along the Charles River.
Temporary Policy Allowing Purchase of Qualified Loans in Forbearance Extended
Washington, D.C. – To support homeowners and mortgage lenders, the Federal Housing Finance Agency (FHFA) approved an extension of the temporary policy that allows for the purchase of certain...
NCSHA Washington Report | July 31, 2020
“Interest in housing as a determinant of health has fluctuated in response to housing-related infectious disease outbreaks (e.g., cholera in New York City in the 1830s), social unrest and class...
