Newsroom
FHFA Issues 2019 Report to Congress
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its annual Report to Congress, covering calendar year 2019. The report addresses several topics related to the...
FHFA Makes Translated COVID-19 Resources Available in Six Languages on LEP Site
Washington, D.C. – To help limited English proficiency (LEP) borrowers who are experiencing mortgage-related difficulties due to the coronavirus national emergency, today the Federal Housing...
NCSHA Washington Report | June 12, 2020
For the 56 percent of employed Americans Zillow reports have been able to work from home during the coronavirus crisis, the reviews are in: Workers like the arrangement, and employers...
WHEDA Offers Webinars for First-Time Homebuyers
From assessments to budgets to closing costs, free webinars offered by the Wisconsin Housing and Economic Development Authority will walk prospective buyers through the ABCs of purchasing a home. With interest rates continuing at historic lows, WHEDA’s low-cost mortgages and down payment assistance are among the tools that make it possible for qualified homebuyers to save money each month compared to what they pay in rent.
MassHousing Closes on $25.2 Million in Financing for New, Mixed-Income and Workforce Housing Community in Downtown Lowell
MassHousing has closed on a total of $25.2 million in affordable housing financing to WinnCompanies for the development of 125 new rental homes in downtown Lowell. The MassHousing financing will allow WinnCompanies to advance the redevelopment of Lowell’s Hamilton Canal Innovation District, while creating new housing for households across a broad range of incomes, including 54 new workforce housing units.
LHC Approves $106 Million to Develop Sustainable Multifamily Housing in Flood Impacted Parishes
Today, the Louisiana Housing Corporation’s (LHC) Board of Directors unanimously approved $106 million in Piggyback Resilient Mixed-Income (PRIME) funding. The move substantially addresses the needs of Louisiana’s low-to-moderate income renters who were greatly affected by the March and April floods of 2016. PRIME funding is utilized to develop resilient and sustainable multifamily properties in areas impacted by the floods.
Dettlaff Selected as Homeownership Division Director
Brandon Dettlaff has been selected as North Dakota Housing Finance Agency’s (NDHFA) new homeownership division director. An NDHFA employee for 13 years, Dettlaff previously served as the agency’s servicing coordinator, managing the staff that supports the needs of the agency’s more than 11,000 borrowers. “Brandon did a great job as the homeownership division’s servicing coordinator,” said Dave Flohr, NDHFA executive director.
Vermont Homes Used as Short-Term Rentals on the Rise
Until the recent COVID-19 restrictions, the number of Vermont homes used as short-term rentals has ticked up each year, according to a recent analysis by Vermont Housing Finance Agency. In a typical month last year, about 8,000 homes were listed as short-term rentals across the state. Largely located in towns located near Vermont ski areas, homes rented for short-term stays comprise about 2.5% of the state’s total housing stock.
HUD Provides Remaining $2.96 Billion in Cares Act Funding for Homeless Populations Amid Coronavirus Recovery
Washington - U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the allocation of $2.96 billion in Emergency Solutions Grants (ESG) funding to support...
Expanded “Palmetto Heroes” Provides COVID-19 Essential Workers with Opportunity for Homeownership
In 2006, The South Carolina State Housing Finance and Development Authority (SC Housing) created Palmetto Heroes to help bring homeownership within reach for some of the most courageous and dedicated community servants in our state. This year, the program is expanding to recognize and assist additional essential workers who have stepped up to keep our state running during the COVID-19 pandemic.
LHC Awarded Increase in Mainstream Voucher Program Funding
The Louisiana Housing Corporation was awarded $244,692 in additional Mainstream Voucher Program funding by the U.S. Department of Housing and Urban Development (HUD) in May. The funding was authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act and represents a 30 percent increase in voucher funds received by the LHC in 2018 and 2019.
NCSHA Washington Report | June 5, 2020
Unrest in hundreds of American cities during the 1960s in response to abusive policing, pervasive discrimination, and intolerable housing conditions oppressing Black Americans gave rise to the first...
