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CHFA Invests in Preservation and Resident Ownership of Longmont Mobile Home Community
Colorado Housing and Finance Authority (CHFA) is pleased to announce it has partnered with ROC USA® Capital and Impact Development Fund on a unique transaction to support the preservation of The Longmont Mobile Home Community (Longmont MHC) by converting its structure to a resident-owned cooperative. This cooperative (LMP Co-op) eliminates the homeowners’ risk of displacement, gives them more control over lot rent fluctuations, and preserves affordable homeownership in Longmont.
Hogan Administration Announces Nearly $10 Million Rural Broadband Expansion
"Maryland is ranked number one in America for having the fastest internet and we have been working hard to provide high-speed internet to every county in the state," Governor Hogan said. "Today I'm announcing that we will provide an additional $10 million this year as the first installment of a five-year $100 million initiative that will finally provide another 225,000 Marylanders in rural communities with access to reliable and affordable high-speed internet services."
Demand for Affordable Senior Housing Remains Strong
Beyond Shelter Inc. (BSI) is set to mark the completion of the second phase of HomeField Apartments by hosting a Grand Opening Celebration and Ribbon Cutting at the property, 4235 28th Ave S, in Fargo, ND, on Aug. 22, 2019, at 11 a.m. The nonprofit continues to see strong demand for the affordable senior housing it has developed in the community. HomeField 2 is the fifth such project completed over the last six years.
Proposed Changes to Disparate Impact Standard Increase Plaintiffs’ Burdens in Discrimination Cases
On August 16, HUD released a proposed revision of its Disparate Impact Rule, which implements HUD’s interpretation of the Fair Housing Act’s Discriminatory Effects Standard, to better reflect the Supreme Court’s 2015 ruling in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc.
HUD Proposes Revised ‘Disparate Impact’ Rule
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today published a proposed rule to amend the HUD interpretation of the Fair Housing Act’s disparate impact standard. The...
NCSHA Washington Report | August 16, 2019
In an otherwise thoughtful overview of the housing crisis and the various proposals to address it from Democrats running for president, Vox’s Matthew Iglesias concludes, “There’s...
Iowa Finance Authority Awards Central Iowa Shelter & Services $2.7 Million for Construction of 24-Unit Apartment Building in Des Moines
The Iowa Finance Authority Board of Directors recently awarded $2.7 million to Central Iowa Shelter & Services to construct 24 studio apartments that will provide supportive housing for homeless clients who are ready to transition into independent living. The funding is made available through the National Housing Trust Fund program.
FHA Issues New Review Requirements for Condominium Loans
The Federal Housing Administration (FHA) earlier today issued a final rule revising the requirements condominium projects must meet for their single-family units to be eligible for FHA mortgage insurance.
FHA Issues New Condominium Approval Rule
WASHINGTON - In an effort to promote affordable and sustainable homeownership, especially among credit-worthy first-time buyers, the Federal Housing Administration (FHA) today published a...
U.S. Will Back More Condominium Loans Aimed at First-Time Buyers
The Trump administration is vastly expanding the scope of condominium purchases eligible for lower-down-payment loans.
Hurricane Michael Homeownership Housing Relief Receives 118 Loans
Over $1.7 million has been reserved for 118 loans through Florida Housing Finance Corporation’s (Florida Housing) new homeownership programs in the following Hurricane Michael impacted counties: Bay, Calhoun, Franklin, Gadsden, Gulf, Holmes, Jackson, Liberty, Taylor, Wakulla and Washington.
Lisa Beran Appointed as New Interim Executive Director of Kentucky Housing Corporation
Kentucky Housing Corporation (KHC), the state housing finance agency, announces Lisa Beran as its new interim executive director and chief executive officer after Edwin King announced his resignation to enter the private sector.
