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Spending Bill Would Avert Shutdown, Keep Government Open Through Nov. 21
House Democrats released a short-term spending bill Wednesday that would keep the government open through late November, punting a potentially brutal fight over President Trump’s border wall until...
Trump and California See Same Homeless Problem, but Not the Same Solutions
SAN FRANCISCO — Open-air heroin use. Sidewalks smeared in human feces. Blocklong homeless camps and people with severe mental illnesses wading through traffic in socks and hospital clothes.
Subcommittee Approves FY2020 Transportation, HUD Appropriations Bill
WASHINGTON, D.C. – The Senate Transportation, Housing and Urban Development, and Related Agencies (T-HUD) Appropriations Subcommittee today approved its FY2020 appropriations bill with funding to...
Kentucky Housing Corporation Honors Achievements in Affordable Housing
Awards honoring significant achievement in affordable housing were presented during the 2019 Kentucky Affordable Housing Conference in Lexington, which was held September 12-13. Kentucky Housing Corporation (KHC) and the Homeless and Housing Coalition of Kentucky partnered on the event to bring together the largest consortium of housing professionals across the state to address housing needs and innovations for housing solutions.
NCSHA Washington Report | September 13, 2019
As we reported last week, HUD has issued guidance implementing the authorization in the department’s FY 2018 funding bill to make Section 202 Housing for the Elderly rental assistance...
FHFA Revises Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced a revised cap structure on the multifamily businesses of Fannie Mae and Freddie Mac (the Enterprises). The new...
Board Approves $97.4 Million in Bonds to Increase Affordable Rental Units Across Louisiana
The Louisiana Housing Corporation (LHC)'s Board of Directors approved the issuance of $97.4 million in Multifamily Mortgage Revenue Bonds to create 984 affordable rental units across Louisiana. The developments represent a mix of new construction and preservation developments that aim to assist working families, households with children, seniors, and people with disabilities.
Banking Committee Examines Administration Housing Finance Plans
The Senate Banking Committee yesterday held a hearing to discuss housing finance reform proposals released last week by the U.S. Treasury Department and HUD. Committee Republicans and Democrats expressed wide disagreements about the merits of the proposals, particularly their support for affordable housing.
Treasury Secretary Mnuchin Details Plans for Fannie, Freddie
WASHINGTON—The Trump administration plans to require Fannie Mae and Freddie Mac to begin paying a fee for support from the Treasury Department in exchange for a change to the mortgage-finance...
May yer Thao Selected as WHEDA’s Assistant Deputy Director
The Wisconsin Housing and Economic Development Authority (WHEDA) has announced that May yer (pronounced “mine-za”) Thao has been selected by Governor Tony Evers to serve as WHEDA’s Assistant Deputy Director. In this leadership role, May yer will utilize her business development experience and strategic relationships to expand WHEDA’s mission in underserved communities. She will also represent WHEDA on the Governor’s Council on Mental Health.
PHFA Issues RFP for Local Groups to Request Funding for Housing Initiatives
The Pennsylvania Housing Finance Agency today is issuing a Request for Proposals soliciting applications from organizations for projects to improve the availability and affordability of housing across the commonwealth. Funding for this RFP is being provided through the Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) Fund. The total PHARE funding available this year exceeds $54 million.
CalHFA Introduces New Program for Native American Homebuyers
CalHFA’s Single Family Lending Division has added another home loan program to its portfolio, helping Native Americans in California become homebuyers through the Department of Housing and Urban Development’s Section 184 Indian Home Loan Guarantee Program. The program provides competitive interest and mortgage insurance rates, and can be paired with CalHFA’s MyHome or School Teacher and Employee down payment programs.
