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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.
Affordability Extended for Lower-Income Senior Citizens at Methuen Housing Community as a Result of $7.9 Million in MassHousing Financing
MassHousing has provided $7.9 million in affordable housing financing to the non-profit Community Teamwork, Inc. (CTI) to preserve affordability for lower-income senior citizens at the 60-unit Merrimack Valley Apartments in Methuen and extend affordability at the community for at least 23 years. “MassHousing was pleased to complete the refinancing of this important affordable housing resource for senior citizens in Methuen,” said MassHousing Executive Director Chrystal Kornegay.
The Housing Market Faces Its Next Crisis as May Rent and Mortgages Come Due
Millions of homeowners and renters already are behind on payments in the economic collapse, and the jobless ranks are growing.
Lawmakers Weigh Relief for U.S. Homeowners Facing Balloon Payments
WASHINGTON—Lawmakers are considering ways to provide more relief for millions of homeowners who have taken advantage of a government offer to suspend mortgage payments amid the coronavirus pandemic.
NCSHA Washington Report | May 1, 2020
For a generation, the nation’s critical infrastructure of now more than three million Housing Credit apartments in thousands of properties has been resilient in the face of disasters,...
DCHFA Closes out April by Funding Senior Affordable Housing in Petworth
The DCHFA closed out the month of April with a second deal closure within a week. On April 29 DCHFA issued $7.1million in tax exempt bonds and underwrote $3.7 million in four percent LIHTC equity for the acquisition and rehabilitation of Spring Flats Senior in the Ward 4 neighborhood of Petworth. “Affordable housing for the District’s senior residents is critical to allow them to age in place in the city that they have called home for decades. The rehabilitation of Spring Flats Senior in Petworth will give the residents access to an amenity rich neighborhood,” stated Christopher E. Donald.
Which States Are Doing a Better Job Protecting Renters from Being Evicted During the Coronavirus Pandemic
For millions of renters who have lost income, rent day on May 1 is a looming disaster. A majority of the country’s 43.8 million renting households have lost at least some of their income in...
Florida Housing Unveils Redesigned Affordable Rental Housing Locator
Today, the Florida Housing Finance Corporation (Florida Housing) unveils the redesign of the statewide online affordable rental housing locator called FloridaHousingSearch.org
