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CHFA Invests $1 Billion in Homeownership
With homeownership season ready to heat up, Colorado Housing and Finance Authority (CHFA) today announced that it has reached a $1 billion milestone in its affordable homeownership programs this year. CHFA’s year-to-date investment translates to 3,742 Colorado households achieving homeownership. Additionally, more than $47 million in down payment assistance has been provided through CHFA’s programs, and more than 4,700 households have enrolled in a CHFA-sponsored homebuyer education class so far in 2019.
$10 Million Fannie Mae Innovation Challenge Selects Five Proposals to Address Affordable Housing and Health
WASHINGTON, DC – Fannie Mae (FNMA/OTCQB) today announced the selection of five innovative ideas to receive contract awards under the Sustainable Communities Innovation Challenge: Healthy Affordable...
HUD Secretary Carson Defends Administration Agenda at House Committee Hearing
On May 21, the House Financial Services Committee held a hearing on “Housing in America: Oversight of the U.S. Department of Housing and Urban Development,” in which HUD Secretary Ben Carson testified and answered questions regarding HUD policies and program oversight.
Groundbreaking to Bring New, Affordable Apartments for Families, Veterans to Mount Laurel
At the location of a landmark court ruling on affordable housing, a groundbreaking today in Mount Laurel marked the start of a 103-apartment complex affordable to families and veterans. The event was attended by New Jersey Housing and Mortgage Finance Agency (NJHMFA) Executive Director Charles A. Richman, local officials, and developer Volunteers of America Delaware Valley.
Calabria: Ending the Net Worth Sweep is Step One of GSE Reform, IPOs are an Option
The much-anticipated session with Federal Housing Finance Agency Director Mark Calabria at the MBA Secondary Conference in Manhattan Monday did not disappoint. No, he didn’t reveal a timeline for...
Housing Agency Recognizes Partners With Champion Awards
North Dakota Housing Finance Agency recognized a dozen of its outstanding partners as Champions of Affordable Housing at the Statewide Housing Conference. “The Champion Awards recognize and celebrate the work of individuals, non-profit organizations, public agencies, and private sector businesses who go above and beyond to provide affordable housing for the people of North Dakota,” said Jolene Kline, NDHFA executive director.
PHFA Accepting Bids for Purchase of Mixed-Use Development Tax Credits
The Pennsylvania Housing Finance Agency announced today that it is accepting bids for the purchase of $2 million in mixed-use development tax credits. The funds collected from successful bidders will be used for the construction or rehabilitation of mixed-use developments in Pennsylvania communities. The deadline for bids is 2 p.m. on Friday, June 14.
NCSHA Washington Report | May 17, 2019
Policymakers are rightly focused on cautionary signs in the housing system driven by greater federal agency and GSE appetite for mortgage risk. The “housing credit availability...
Groundbreaking Marks Start of Affordable Apartment Community at Former Camp Kilmer Site Funded In Part by NJHMFA
A groundbreaking on Wednesday kicked off Truman Square, the first of a two-phase community of 172 affordable apartments for families, which is funded in part by the New Jersey Housing and Mortgage Finance Agency (NJHMFA) and will also provide homes for veterans and formerly homeless residents at the former Camp Kilmer site in Edison.
MassHousing Honors its Top-Producing Partner Lenders in 2018 for Their Commitment to Affordable Homeownership in Massachusetts
MassHousing recently honored 11 of its top lending partners for their success in originating MassHousing home mortgage loans for low- and moderate-income Massachusetts residents in 2018. In 2018, through all its partner lenders, MassHousing provided a total of $730.7 million in mortgage financing to 2,904 Massachusetts residents who purchased or refinanced a home.
FHFA Announces Three Appointments
Washington, D.C. – The Federal Housing Finance Agency (FHFA) has announced that Clinton Jones, Lynn Fisher and Matt Grinney will join the Agency. Jones has been named Senior Advisor for Legal...
New PHFA Housing Policy Fellowship Created
The fellowship will fund a maximum of 12 months of research and study on a pressing housing or community development topic. With a monthly stipend of $1,000, the maximum funding available will be $12,000. The financial support can be for a variety of activities supporting the approved research, including interviews with experts, securing resources and study materials, travel for attending relevant conferences and more.
