Newsroom
NCSHA Washington Report | April 5, 2019
Into my e-mail inbox the two reports arrived at almost exactly the same time, as if on cue. The first, from Stateline, headlined “Rural America Faces a Housing Cost Crunch,” finds...
HUD Issues Proposed Rule To Make Section 3 More Efficient and Effective
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today published a proposed rule to improve the effectiveness and efficiency of Section 3 of the Housing and Urban Development...
Thomas Bryan Selected as CHFA’s Chief Financial Officer
CHFA is pleased to announce Thomas Bryan has been selected to serve as CHFA’s Chief Financial Officer effective May 6, 2019. Bryan has served as CHFA’s controller/director of accounting since 2014. “I am extremely honored to serve as CHFA’s next CFO. Nothing brings me more satisfaction than helping CHFA achieve its mission and vision, and I look forward to continuing CHFA’s work on addressing the issues of housing affordability and economic development across Colorado."
NCSHA Statement on IRS Clarification That Housing for Special Populations Does Not Violate Multifamily Bond Public Use Rules
WASHINGTON, DC — The National Council of State Housing Agencies (NCSHA) applauds the Internal Revenue Service and U.S. Department of the Treasury for issuing guidance this week stating affordable...
NCSHA Documents Steady Increase in Affordable Housing Investment Among Opportunity Zone Funds
Nearly 60 percent of currently established Opportunity Funds plan to invest in affordable and workforce housing or community revitalization, according to NCSHA’s latest Opportunity Zone Fund Directory. This focus is up from approximately 40 percent late last year.
Senate Confirms Calabria as FHFA Director
The U.S. Senate earlier today voted to approve Mark Calabria’s nomination to serve as director of the Federal Housing Finance Agency (FHFA)
WHEDA Awards $32 Million statewide in Federal and State Housing Tax Credits
Wisconsin Governor Tony Evers today announced the award of $24,760,812 in Federal Housing Tax Credits and $7,369,167 in State Housing Tax Credits to fund housing developments across Wisconsin. The tax credits, which are distributed by the Wisconsin Housing and Economic Development Authority (WHEDA), will move forward 35 developments that will create 2,308 units of rental housing.
NCSHA Statement on IRS Clarification That Housing for Special Populations Does Not Violate Multifamily Bond Public Use Rules
The National Council of State Housing Agencies applauds the Internal Revenue Service and U.S. Department of the Treasury for issuing guidance today stating affordable rental housing that provides...
FHFA Authorizes Payments to Housing Trust Fund and Capital Magnet Fund
Washington, D.C. - FHFA Acting Director Joseph Otting announced today that he has authorized the disbursement of Fannie Mae and Freddie Mac's affordable housing allocations for 2018 to the U.S....
PHFA Recognizes its Top Lending Partners
The Pennsylvania Housing Finance Agency recently honored its top lending partners for 2018 during its annual homeownership awards event at its headquarters. Homebuyers across Pennsylvania work with these lending partners for the application, processing, and closing of affordable PHFA home loans. Pennsylvania Executive Deputy Secretary of Banking and Securities Brian LaForme was a special guest and helped honor the top lenders.
DCHFA Closes March by Financing 121 New Apartments in Anacostia
On March 29th the District of Columbia Housing Finance Agency (DCHFA) issued $23 million in bond financing for the construction of Stanton Square Apartments, 121 new apartment homes in Anacostia (Ward 8). “As Anacostia experiences renewed development and is attracting new businesses, the cost of housing is rising. At this time it is imperative that affordable rental housing is included in the revitalization of the neighborhood.
NCSHA Washington Report | May 31, 2019
The Consumer Financial Protection Bureau last week published the list of regulatory items it expects to work on over the next year. The GSE qualified mortgage “patch” we covered a...
