Newsroom
Housing Finance Agencies strengthened by strong demand
Through Oct. 24, single-family issuance totaled $11.55 billion, up from $10.9 billion in calendar 2018, while multifamily issuances came to $6.36 billion, below the 2018 total of $6.8 billion, the...
HUD Releases Evaluation of Rental Assistance Demonstration
WASHINGTON - In 2012, the U.S. Department of Housing and Urban Development (HUD) embarked upon a new program to address the critical capital needs of severely distressed public housing. Today, HUD...
Proposed Modifications to GSE Duty-to-Serve Plans Include Decreased Loan Purchases
The Federal Housing Finance Agency yesterday released a Request for Information seeking public input on several changes Fannie Mae and Freddie Mac have proposed to their respective Underserved Market Plans for years 2018 – 2020.
Louisiana Housing Corporation Earns National Recognition for First Connections Conference
The National Council of State Housing Agencies (NCSHA) has recognized the Louisiana Housing Corporation (LHC) for outstanding work on its inaugural Connections conference, held in Baton Rouge in April. The national award acknowledges LHC’s commitment to helping elected leaders and housing professionals learn, share and develop effective initiatives that address affordable housing challenges.
Ribbon Cutting Marks Opening of Mixed-Income Apartments in Camden
A ribbon-cutting ceremony today celebrated the completion of the transformation of The Pierre, a nearly 90-year-old Art Deco building in the city’s Cooper Street Historic District, into 32 mixed-income apartments funded in part by the New Jersey Housing and Mortgage Finance Agency (NJHMFA). NJHMFA Executive Director Charles A. Richman attended. The Pierre, a six-story building at 306 Cooper St., was built in 1932 as a hotel and was later converted into an apartment building.
Maryland Department of Housing and Community Development Conducts Largest Bond Issuance in the Agency’s History
Maryland Department of Housing and Community Development Secretary Kenneth C. Holt announced that the department conducted the largest mortgage revenue bond issuance in the history of the agency. The department's bond-issuing entity, the Community Development Administration, issued more than $347 million under the Residential Revenue Bond program. Proceeds of the bond sales through that program are primarily used to finance mortgage loans to first-time homebuyers through the state's Maryland Mortgage Program.
Financial Assistance Available for Homeowners Recovering from Natural Disasters
SDHDA today recited that Housing Opportunity Funds (HOF) remain available to aid in recovery efforts for households impacted by the 2019 natural disasters. Financial assistance available for the disaster support includes cleanup or removal of debris; mold remediation; restoration; purchases of major appliances lost due to disaster (i.e., hot-water heater, furnace, etc.); rent payments; utility security deposits for displaced households; and downpayment assistance for the purchase of a housing unit.
NCSHA Honors State Housing Finance Agencies for Affordable Housing Solutions
WASHINGTON, DC — On October 21, the National Council of State Housing Agencies (NCSHA) recognized 13 state Housing Finance Agencies (HFAs) for effective initiatives that address affordable housing...
New Democrat Coalition Endorses Housing Legislation
Washington, DC – Today, the New Democrat Coalition (NDC), led by Chair Derek Kilmer, NDC Vice Chair for Policy Suzan DelBene, and NDC Housing Task Force Co-Chairs Reps. Denny Heck, Katie Hill,...
NCSHA Washington Report | October 18, 2019
As America’s state housing finance agencies and hundreds of their partners head to Boston for NCSHA’s Annual Conference starting tomorrow, we take note of some of the honest-to-goodness good...
NJHMFA Celebrates Opening of 101 New Apartments in Avenel
A ribbon-cutting ceremony today marked the opening of the Greens at Avenel, a new community of 101 apartments affordable to families, including 25 for special needs residents, under a public/private partnership between Pennrose and Woodbridge Township financed in part by the New Jersey Housing and Mortgage Finance Agency (NJHMFA).
CDFA Survey Finds Housing Bond Issuance Continued to Increase in 2018
Private activity bond issuance increased slightly from 2017 to 2018, according to the Council of Development Finance Agencies’ Annual Volume Cap Report for 2018.
