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MassHousing Expands Its Highly Successful Down Payment Assistance Program to Create More Opportunities for First-Time Homebuyers

MassHousing today announced that it is expanding its highly successful down payment assistance (DPA) program to create more opportunities for first-time homebuyers, by opening the program to borrowers with higher incomes, allowing DPA loans to be used for the purchase of multi-family properties, and raising the maximum size of a DPA loan to 15,000 or 5-percent of the purchase price.

New Housing Market Report Shows Continued Demand, Strong Economy & Future Trends

The fall Housing Market Report published by New Hampshire Housing Finance Authority finds little change in the housing market in the state, as rising housing prices, housing demand, and relatively low interest rates continue to support a sellerโ€™s market in the state. On the rental housing side, a low vacancy rate and a lack of availability of units makes it challenging to find an apartment, particularly in the southern tier of the state.

NCSHA Washington Report | November 22, 2019

In the late โ€˜90s and early 2000s, HUD turned to state HFAs and local public housing authorities (PHAs) for help meeting a responsibility the department was unequipped to address itself:...

HUD Awards more than $130 Million to Provide Affordable Housing to People with Disabilities.

WASHINGTON, DC โ€“ The U.S. Department of Housing and Urban Development (HUD) today awarded $131.3 million to 325 local public housing authorities across the country to provide affordable housing to...

NCSHA Presents Testimony at House Hearing on Resident Health and Safety in HUD Housing

WASHINGTON, DC โ€” Oregon Housing and Community Services Executive Director and NCSHA Secretary/Treasurer Margaret Salazar represented the nationโ€™s state housing finance agencies (HFAs) today at a...

FHFA Will Re-propose Enterprise Capital Rule in 2020

Washington, D.C.ย โ€“ Today, the Federal Housing Finance Agency (FHFA) announced plans to re-propose the entire regulation on capital requirements (Capital Rule) for Fannie Mae and Freddie Mac (the...

DCHFAโ€™s Board of Directors Seats New Member, Heather Howard

Commercial real estate industry expert Heather Howard is now a member of the DC Housing Finance Agencyโ€™s (DCHFA) Board of Directors. On November 18th Howard was sworn-in by Mayor Muriel Bowser. The Council of the District of Columbia confirmed Howardโ€™s nomination to the Board on October 7, 2019.

Bismarck Housing for Long-Term Homeless Opens

Burleigh County Housing Authority (BCHA) marked the completion of Edwinton Place Apartments today. The Permanent Supportive Housing (PSH) project will provide 40 individuals who have experienced long-term homelessness with a stable home and offer services to address the issues that are the cause of their homelessness. BCHA Executive Director Dwight Barden said in reference to Edwintonโ€™s โ€˜Housing Firstโ€™ approach, โ€œNow, the real work begins.โ€

Florida Housing Leaders Applaud Governor DeSantis For Full Housing Funding

Governor Ron DeSantis announced today full funding for affordable and workforce housing programs. Unveiled in his Bolder, Brighter, Better Future Budget, the Governor recommends providing $387 million to the affordable housing trust funds-- $119.8 million for the State Apartment Incentive Loan (SAIL) Program and $267.2 million for the State Housing Initiative Partnership (SHIP) Program.

Opportunity Zone Investments Create Affordable Homes, Support Community Revitalization

WASHINGTON, DCย โ€“ Today, the National Council of State Housing Agencies (NCSHA) and the Economic Innovation Group (EIG) published three case studies of developments that incorporate Opportunity...

CohnReznick Finds Housing Credit Equity Investment Hit Record High in 2018

CohnReznick's Tax Credit Investment Services team has released its 2019 Housing Tax Credit Investments: Investment and Operational Performance report, with updated data on Housing Credit performance based on its survey of syndicators and direct investors, covering 21,000 Housing Credit properties.

Louisiana Housing Corporation to Shine Light on Issue of Blight at Upcoming Roundtable

Neighborhood blight and the presence of vacant and abandoned properties affect all types of communities in every corner of the state โ€” and the Louisiana Housing Corporation wants to change that. LHC this month will hold a Blight Remediation and Abatement Roundtable for an in-depth conversation about the challenges of addressing abandoned and deteriorated homes and buildings.