Newsroom
NABJ Announces Salute to Excellence Winners: DCHFA Recognized
DCHFA was selected by the National Association of Black Journalists to receive its 2019 Salute to Excellence Award in the PR & Marketing Campaigns – Government category. The competition is the only event in the United States that honors exemplary coverage of African/ African-American people or issues exclusively.
FHA To Promote Greater Residential and Commercial Development in OZs
WASHINGTON - To stimulate greater multifamily residential and commercial development in Opportunity Zones, U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced the Federal...
Lower Mortgage Rates Aren’t Likely to Reverse Sagging Home Sales
U.S. mortgage rates have tumbled to their lowest level in nearly three years, but they are unlikely to provide much of a lift to the sagging home-sales market.
New Financing to Create, Preserve 380 Affordable Apartments
The Washington State Housing Finance Commission has approved a total of $88 million in financing for the new construction or preservation of 380 affordable apartments across western Washington. “These projects will contribute construction jobs and commercial space to their communities while providing critically needed homes for seniors and those experiencing homelessness,” said Karen Miller.
NCSHA Washington Report | August 9, 2019
Fannie Mae’s recent decision to slash the lender and borrower advantages available through its Home Ready and HFA Preferred products for low- and moderate-income (LMI) buyers reflects the...
HUD Awards $25 Million to 25 Local HIV/AIDS Housing Programs
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today announced nearly $25 million to assist more than 2,054 low-income persons living with HIV/AIDS and their families over a...
HUD Seeking Nominations for 2020 HUD Secretary’s Opportunity and Empowerment Award
The U.S. Department of Housing and Urban Development, in partnership with the American Planning Association, will begin accepting nominations later this month for its annual HUD Secretary’s Opportunity and Empowerment Award, which recognizes community planning efforts that have improved the quality of life for low- and moderate-income residents.
NCSHA Washington Report | August 2, 2019
“Forthcoming removal of LIHTC restrictions upon completion of Qualified Contract execution. Attractive spread from current asking rents to market rate rents of approximately...
DCHFA Finances New Affordable Rental Community in Ward 7’s
The DCHFA closed out the month of July with the issuance of $19.5 million in bond financing and underwrote $12 million in low income housing tax credit equity for the construction of The Strand Residences, 86 affordable apartment homes in the Deanwood neighborhood of Washington, D.C. (Ward 7).
Hogan Administration Announces Awards for Affordable Rental Housing
The Hogan administration today announced the results of the Maryland Department of Housing and Community Development's most recent application round for federal Low Income Housing Tax Credits and state Rental Housing Funds.
NJHMFA Joins Ribbon-Cutting Ceremony for Rehabilitated Affordable Apartment Community in Bridgeton
A ribbon-cutting ceremony today marked the completion of Ivy Square Apartments, a major rehabilitation project which overhauled a 156-apartment community affordable to families. The event was attended by New Jersey Housing and Mortgage Finance Agency (NJHMFA) Executive Director Charles A. Richman.
Housing Market Report Data Show Continued Demand for Housing in Most Areas of State
The most recent data in New Hampshire Housing Finance Authority’s new Housing Market Report reflect an ongoing demand and need for single-family and rental housing to keep pace with the state’s strong economy and low unemployment rate.
