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NCSHA Washington Report | October 11, 2019
Housing’s centrality to the economy and its interconnectedness with public policy means that the “law of unintended consequences” applies forcefully, with sometimes surprising...
New Financing to Create 820 Affordable Apartments Statewide, Plus Senior and Community Facilities
The Washington State Housing Finance Commission has approved financing that will build 820 new affordable apartments for people at low incomes and those experiencing homelessness throughout Washington state. The financing approved in August and September will also expand nonprofit senior living facilities and help finance the new Kent YMCA.
NJHMFA Joins Ribbon-Cutting Ceremony Marking Opening of Affordable Apartments in Plainsboro
New Jersey Housing and Mortgage Finance Agency (NJHMFA) executive staff joined representatives of Community Investment Strategies, Inc., and local officials for a ribbon-cutting ceremony celebrating the opening of The Place at Plainsboro, which includes 70 apartments affordable to families. The development, at 100 Rue Place, consists of nine two-story buildings providing one-, two- and three-bedroom apartments for residents earning between 50% and 60% of the area median income.
Shaheen Bills Seek to Beef Up Rural Affordable Housing Programs
U.S. Sen. Jeanne Shaheen, D-NH, has introduced legislation to expand the U.S. Department of Agriculture Rural Development rental assistance programs and further expand and align other rural...
HUD Offers $112 Million to Expand Affordable Housing Opportunities for Low-Income Persons with Disabilities
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced today that there is a combined $112 million available to expand the supply of permanent affordable housing for very...
Secretary Carson Applauds Nomination of Brian Montgomery as Deputy Secretary
WASHINGTON - Secretary Ben Carson applauds the nomination of Brian D. Montgomery to serve as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). As the second most senior...
LHC Awards $129 Million to Expand Affordable Housing Across Louisiana
Today, the Louisiana Housing Corporation announced the award recipients of the 2019 Housing Tax Credit program, which funds the acquisition, construction, and rehabilitation of affordable housing throughout Louisiana. Over $129 million in 10-year federal housing tax credits were awarded to 20 developments that will create 877 apartments serving families, seniors and individuals with disabilities.
Florida Housing Hurricane Michael Housing Recovery Fact Sheet
Florida Housing Finance Corporation (Florida Housing) was created by the Legislature more than 35 years ago. We are the state’s housing finance agency (HFA) that administers state and federal resources to help provide affordable homeownership and rental housing options for the citizens of Florida.
CHFA Announces 2019 Round Two Low Income Housing Tax Credit Awards
Colorado Housing and Finance Authority (CHFA) is pleased to announce the Low Income Housing Tax Credit (LIHTC) awards for the second and final award round of 2019. CHFA is the allocating agency of federal LIHTC in Colorado. In this round, 30 applications requesting $34.9 million in federal 9 percent LIHTC were received. CHFA is awarding $17,111,701 in 9 percent credits to 15 developments, which will support the construction of 723 affordable rental housing units.
The Edge Offers Affordable Downtown Housing for Families
The Commonwealth Companies will mark the completion of The Edge Artist Flats, commonly known as “The Edge,” an apartment complex that offers a new affordable housing option in downtown Fargo, at 11:00 a.m. on October 10, 2019. “Commonwealth works closely with community leaders and state government agencies to deliver housing that exceeds expectation, adding value to a community and enhancing the lives of the residents served,” said Erin Anderson, a regional vice president of development for the company.
NCSHA Washington Report | October 4, 2019
MaineHousing’s evolution from an agency born 50 years ago Tuesday with $68,000 in the bank into a $2 billion public-private enterprise that helps more than 100,000 people and pumps...
NCSHA Releases Updated Model Housing Credit Compliance Forms
Today, NCSHA released revamped model forms for Housing Credit compliance monitoring, developed in collaboration with its members and stakeholders. NCSHA’s Recommended Practices in Housing Credit Administration encourage Housing Credit agencies to adopt model forms, which help standardize compliance monitoring practices across states and create efficiencies for development owners and other Housing Credit industry professionals.
