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Calabria: Ending the Net Worth Sweep is Step One of GSE Reform, IPOs are an Option
The much-anticipated session withย Federal Housing Finance Agencyย Director Mark Calabria at the MBA Secondary Conference in Manhattan Monday did not disappoint. No, he didnโt 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. โThe 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,โ 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 โhousing 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.ย โย The Federal Housing Finance Agency (FHFA) has announced that Clinton Jones, Lynn Fisherย and Matt Grinney will join the Agency.ย 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.
NCSHA Washington Report | May 10, 2019
One of the keynote speakers at this yearโs Mountain Plains Housing Summit in Salt Lake City was Gail Miller, who with her late husband Larry acquired, built, and grew a group of businesses...
Florida Housing Board Approves New Rental Housing Funding for Hurricane Michael Impacted Counties
The Florida Housing Finance Corporation (Florida Housing) Board of Directors approved the funding of seven newly-constructed rental developments that will provide over 200 units of affordable housing in counties ravaged by the storm. The more than $30 million investment will be made using federal Home Investment Partnerships Program (HOME) funding and include developments in Bay (3), Gulf (2), Jackson and Wakulla counties.
FHA Proposes New Lender Certification Requirements
WASHINGTON - The Federal Housing Administration (FHA) today proposed several revisions to its lender certification requirements with the goal of providing lenders and servicers greater certainty in...
FHA Offers Incentives for Property Owners Who Invest in Opportunity Zones
WASHINGTON - The Federal Housing Administration (FHA) today announced a package of incentives to encourage multi-family property owners to invest in thousands of neighborhoods located in Opportunity...