Newsroom
House Democrats Unveil $3 Trillion-Plus Coronavirus Package with Rent, Mortgage, Liquidity Assistance
On May 12, House Democrats released the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, which would provide more than $3 trillion for coronavirus relief in programs across government agencies, including significant funding for affordable housing. Republicans rejected the proposal immediately, which they view as more of a Democratic wish list than the opening bid in negotiations for a fifth coronavirus relief package.
Secretary Carson Congratulates Brian Montgomery on Deputy Secretary Confirmation
Washington - U.S. Department of Housing and Urban Development Secretary Ben Carson today applauded the confirmation of Brian D. Montgomery to serve as Deputy Secretary of the U.S. Department of...
WHEDA Issues $100 Million in Single Family Bonding
The Wisconsin Housing and Economic Development Authority (WHEDA) is advancing its ability to provide first-time home buyer mortgages through issuance of a $100 million Home Ownership Revenue Bond. With mortgage rates near historic lows, qualified low- to moderate-income first-time home buyers may find the timing right to purchase a home with an affordable WHEDA mortgage.
HUD Allocates Third Wave of CARES Act Funding Providing $1 Billion for Communities to Bolster Coronavirus Response and Relief Efforts
Washington - The U.S. Department of Housing and Urban Development Secretary Ben Carson today announced the allocation of a third wave in CARES Act coronavirus relief funding totaling $1 billion...
Inside House Democrats’ Whopping $1.2 Trillion+ Coronavirus Relief Proposal
House Democrats could bring their phase 4 coronavirus relief package (CARES 2) to the floor for a vote as early as this week — but, for now, at least, it's going nowhere.
NCSHA Washington Report | May 8, 2020
Since so much about COVID-19 is unprecedented in our lifetime, like today’s jobs numbers, it’s necessary to demand unprecedented responses from our federal government. When a solution to...
FHA Commissioner Nominee Dana Wade Enjoys Bipartisan Support at Senate Banking Committee Hearing
The Senate Banking Committee convened Tuesday to consider the nomination of Dana Wade for Federal Housing Administration Commissioner and Assistant Secretary for Housing at HUD.
Governor Ron DeSantis and Florida Housing Provide Local Governments $5 Million in Housing Assistance for Families Impacted by COVID-19
Today, Governor Ron DeSantis along with the Florida Housing Finance Corporation (Florida Housing) announced the distribution of $5 million to local governments through the State Housing Initiatives Partnership (SHIP) program to assist individuals and families in Florida impacted by the COVID-19 pandemic with the housing assistance and resources.
Senator Reed Introduces Housing Assistance Fund Bill
On May 6, Senator Jack Reed (D-RI) introduced legislation, S. 3620, to authorize and fund a $75 billion Housing Assistance Fund that would provide flexible resources directly to state housing finance agencies (HFAs) so they can help households — both homeowners and renters — struggling due to the economic impacts of the COVID-19 pandemic to remain in their homes. NCSHA has been working with Senator Reed’s office to raise support for the proposal, which is one of our topmost priorities.
FHLBank Pittsburgh and PHFA Speed Allocation of Home4Good Funding to Provide Rapid Assistance to Homeless during Pandemic
FHLBank Pittsburgh and the Pennsylvania Housing Finance Agency (PHFA) announced today they will begin quickly disbursing 2020 Home4Good funding in order to provide the fastest support possible for individuals facing homelessness who are struggling during the coronavirus (COVID-19) pandemic. As they have for the past two years, FHLBank Pittsburgh is providing $3 million toward the effort and PHFA is providing $1.5 million, for a total contribution of $4.5 million.
MassHousing Announces Capital One as Multifamily Accelerated Processing (MAP) Lending Partner for Rental Housing Communities
MassHousing announced today that Capital One will partner with the Agency in its Multifamily Accelerated Processing (MAP) lending program, which allows for an expedited process for the owners of rental housing communities to refinance, renovate and preserve their properties, while extending affordability protections for thousands of low-income individuals, families and senior citizens.
SDHDA Seeking Applicants for the 2020 Emergency Solutions Grants Program
South Dakota Housing Development Authority (SDHDA) is seeking applicants for the Emergency Solutions Grants Program. The Emergency Solutions Grants Program (ESG) is a federal block grant authorized by the McKinney Vento Homelessness Assistance Act and is funded by the US Department of Housing and Urban Development.
