Newsroom
HUD Allocates $1.988 Billion in Final Round of CDBG-CV Funds
The U.S. Department of Housing and Urban Development (HUD) announced on September 11 the third and final round of allocation of the $5 billion Congress provided in the Coronavirus Aid, Relief, and Economic Security (CARES) Act in supplemental Community Development Block Grant (CDBG) funding (CDBG-CV).
NCSHA Washington Report | September 11, 2020
There’s plenty of evidence the housing market is healing, if not healthy already. Yet on the other side of just about every positive sign is a worrisome signal. Home mortgage forbearances...
Maryland Department of Housing and Community Development Announces Fiscal Year 2021 Application Round for State Revitalization Programs
The Maryland Department of Housing and Community Development is announcing the Fiscal Year 2021 application round for three State Revitalization Programs - Community Legacy, Strategic Demolition Fund - Statewide (all non-Baltimore City) and the Baltimore Regional Neighborhood Initiative. These programs offer funding to support local housing, community and economic development, and other revitalization projects. They are part of the department's commitment to helping the state's local governments and nonprofit agencies achieve their community revitalization and economic development goals.
HUD Publishes CARES Act Guidance for Emergency Solutions Grants
On September 1, the U.S. Department of Housing and Urban Development (HUD) published a Notice announcing the allocation formula, amounts, and program requirements for the $3.96 billion in supplemental Emergency Solutions Grants (ESG) Program funding Congress provided in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help states and localities respond to the coronavirus pandemic (ESG-CV). The Notice also extends the waivers and flexibilities provided for ESG-CV funds to annual ESG funds for prior fiscal years so that grantees may use annual ESG resources as part of their coronavirus response.
Hogan Administration Opens Application Period for $16 Million in Maryland Eviction Prevention Partnership Grants
Governor Larry Hogan today announced that Maryland's 24 local jurisdictions can begin applying for $16 million in Maryland Eviction Prevention Partnership grants, which will help support local rental assistance programs across the state. "Maryland was one of the first states in the nation to implement a moratorium on evictions for tenants affected by the COVID-19 pandemic, and we have backed that up with targeted relief programs," said Governor Hogan. "These grants will help ensure more of our citizens can remain safe and secure in their homes."
PHFA Accepting Bids for Purchase of Mixed-Use Development Tax Credits
The Pennsylvania Housing Finance Agency announced today that it is accepting bids for the purchase of $3 million in Mixed-Use Development Tax Credits. The funds collected from successful bidders will be used for the construction or rehabilitation of mixed-use developments in Pennsylvania communities. The deadline for bids is 2 p.m. on Wednesday, Sept. 30. These tax credits will be used by the winning bidders – which can be companies, organizations or individuals – to reduce their state tax liability.
Housing is Key Campaign Provides Information on Resources for Tenants, Landlords and Homeowners
Housing is key. It’s critical to ensure the health and safety of our families and communities, especially during COVID-19. On August 31, 2020, Governor Gavin Newsom signed the Tenant, Homeowner and Small Landlord Relief and Stabilization Act of 2020, extending eviction and foreclosure protections for Californians. Following the signing of the Act, Governor Newsom announced the launch of the Housing Is Key campaign, aimed at connecting renters and landlords experiencing economic hardship due to COVID-19 to resources and information.
RIHousing Launches New Program to Assist Rhode Island Renters
RIHousing today announced a new rental assistance program for eligible Rhode Island renters struggling to pay their rent as a result of the COVID-19 pandemic. The agency’s HOME Emergency Tenant Based Rental Assistance Program (HOME E-TBRA) will help low-to-moderate income families negatively impacted by the unprecedented loss of jobs and income due to COVID-19. “Rhode Islanders are facing unprecedented challenges as a result of COVID-19, and we should be making every effort to help families stay safely in their homes,” said U.S. Senator Jack Reed.
SC Housing County First Initiative: Closing the Gap in Rural Homeownership
Many in rural communities feel that they are the last in line when it comes to getting the services and resources they need. Whether it is having access to broadband to stay connected, medical care for health problems, or buying a home in a community that they love, they often lag behind more urban areas. But the South Carolina State Housing Finance and Development Authority (SC Housing) is changing all of that with the launch of its new County First Initiative for these homebuyers.
CDC Temporarily Halts Evictions Nationwide
On September 1, the Centers for Disease Control and Prevention issued an emergency public health order to temporarily halt most evictions to prevent the further spread of COVID-19.
Brookline Housing Community for Lower-Income Senior Citizens Will See Extensive Renovations and the Extension of Affordability with $25 Million in MassHousing Financing
MassHousing has provided $25 million in financing to the Brookline Housing Authority (BHA) to provide significant improvements to the 99-unit Morse Apartments and extend the affordability for lower-income senior citizens living there for at least 75 years. MassHousing is supporting the rehabilitation of Morse Apartments with $25 million in short and longer-term financing through the Agency’s Conduit Loan Program.
NCSHA Statement on the Federal Housing Finance Agency’s Proposed Capital Rule for Fannie Mae and Freddie Mac
WASHINGTON, DC ― The National Council of State Housing Agencies (NCSHA) today urged the Federal Housing Finance Agency (FHFA) to rescind its proposed regulatory capital framework for Fannie Mae and...
