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MassHousing Closes on $11.2 Million in Financing for 52 Units of Affordable Rental Housing and Condominiums on the East Boston Waterfront
MassHousing has closed on a total of $11.2 million in affordable housing financing to WinnCompanies for the development of 22 new rental housing units and 30 new condominiums on the East Boston Waterfront. The Clippership Apartments and Clippership Condominiums will create new homes for households across a broad range of incomes, including 14 new workforce homeownership units in the condominium development.
Louisiana Housing Corporation Launches New Interactive Data Map to Support Affordable Housing Policies
The Louisiana Housing Corporation has launched an interactive mapping tool aimed at helping the state’s housing advocates, developers and policymakers leverage a wide range of data to make more informed decisions related to affordable housing. The online tool, which is available to the public via the LHC website, was developed using the interactive data-mapping PolicyMap framework.
Assistance Available for Development of Affordable Housing
North Dakota Housing Finance Agency (NDHFA) is currently accepting applications for affordable housing development assistance through the federal Low Income Housing Tax Credit (LIHTC) and National Housing Trust Fund (HTF) programs, and the state’s Housing Incentive Fund (HIF). “The development support North Dakota Housing Finance Agency administers aids communities in addressing the housing needs of their most vulnerable populations,” said Dave Flohr, NDHFA interim executive director.
Budget Negotiators Close on Debt, Agency Spending Deal
WASHINGTON — The Trump administration and House Speaker Nancy Pelosi are on the cusp of a critical debt and budget agreement, a deal that would amount to an against-the-odds victory for Washington...
HUD Awards $4.8 Million to Help Low-Income Veterans Rehabilitate Their Homes
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $4.8 million in funding through the Veterans Housing...
Raynetta Hill of CommonBond Communities Joins WHEDA Board
Raynetta Hill, Regional Manager of Property Management and Advantage Services for CommonBond Communities, has been appointed to serve as a member of the Wisconsin Housing and Economic Development Authority (WHEDA) Board of Directors. CommonBond Communities provides homes and supportive services for those most in need with a vision of a day where every person has access to a stable home.
Innovative Public-Private Partnership Seeks to Develop Energy Efficient Housing for Rhode Islanders
RIHousing and the Rhode Island Office of Energy Resources (OER) announced today the release of a Request for Proposals (RFP) for the Zero Energy for the Ocean State (ZEOS) Demonstration Project. The pilot program offers a grant of up to $250,000 to design and construct affordable, energy efficient housing to serve low- and moderate-income Rhode Islanders.
Opportunity Zone Target Investment Surges to Nearly $43 Billion Nationwide
WASHINGTON, DC — The amount of capital targeted for investment in designated Opportunity Zones increased dramatically over the past month, according to analysis by the National Council of State...
Opportunity Zone Target Investment Surges to Nearly $43 Billion Nationwide
The amount of capital targeted for investment in designated Opportunity Zones increased dramatically in the past month, according to analysis by NCSHA based on the most recent edition of its Opportunity Zone Fund Directory, released today. The 163 funds included in the current directory expect to raise nearly $43 billion in Opportunity Zone investment, up from $29 billion last month and nearly triple the amount anticipated at the start of 2019. This directory includes 20 new funds and details on fund size and geographic and investment focus for all the funds listed.
CalHFA Makes Preliminary Mixed-Income Program Awards to Eight Developments
The California Housing Finance Agency has made preliminary awards to eight mixed-income multifamily housing developments to use $40 million in Senate Bill 2 funds. When constructed, these housing developments will serve 1,379 low to moderate income California families. Senate Bill 2, the Building Homes and Job Act, was authored by Senate pro Tempore Toni Atkins and signed into law by former Governor Edmund G. Brown Jr. as part of 2017’s historic package of housing legislation.
Funding Available for the Development of Affordable Housing
South Dakota Housing Development Authority (SDHDA) announces approximately $15.3 million is available for funding during the 2019 application cycle for the HOME Investment Partnerships, Housing Tax Credit, Housing Opportunity Fund and Housing Trust Fund programs. Funding can be utilized to assist communities in addressing their local housing needs.
Hogan Administration Celebrates Anniversary of SmartBuy 2.0
The Hogan administration today celebrated the one-year anniversary of the launch of the Maryland SmartBuy 2.0 initiative. Managed by the Maryland Department of Housing and Community Development (DHCD), this nationally recognized homeownership program enables prospective homebuyers to eliminate up to $40,000 in student loan debt while purchasing an eligible home through the Maryland Mortgage Program.
