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NCSHA Washington Report | March 29, 2019

The work of state HFAs is all around us if you know where to look, or if you just get lucky. Driving down Catherine Street in Natchez, MS, this week, I came upon a cluster of newly built...

Get โ€œMoney Smartโ€ with Homebuyer Education

Money Smart Weekยฎ is March 30 through April 6 and promotes free financial education events offered statewide for Colorado consumers. Colorado Housing and Finance Authority (CHFA) is sponsoring several homebuyer education classes during Money Smart Week offered by members of CHFAโ€™s homebuyer education partner network. Classes and events are available at no charge and are open to the public.

District of Columbia Building Industry Association To Host Annual Achievement Awards Dinner

the District of Columbia Building Industry Association (DCBIA) will host its annual Achievement Awards Dinner. Recipients this year of Annual Achievement Awards include Todd A. Lee, Executive Director & CEO District of Columbia Housing Finance Agency (Government Sector Award), The Team of the Entertainment and Sports Arena at St. Elizabeths East (Community Impact Award), and Brookfield Properties (Developer of the Year).

President Directs Treasury and HUD to Develop Housing Finance Reform Plans

President Trump earlier today issued a memorandum ordering relevant federal agencies to develop proposals for reforming various aspects of the housing finance system.ย  Specifically, the executive memorandum directs Treasury to develop a plan for removing the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from conservatorship and HUD to suggest changes to the housing finance programs supported through the Federal Housing Administration (FHA) and Ginnie Mae.

President Donald J. Trump Is Reforming the Housing Finance System to Help Americans Who Want to Buy a Home

"Weโ€™re lifting up forgotten communities, creating exciting new opportunities, and helping every American find their path to the American Dream โ€” the dream of a great job, a safe home, and a...

Banking Committee Holds First GSE Reform Hearing

The Senate Banking Committee yesterday held the first of two scheduled hearings to examine Committee Chair Mike Crapoโ€™s (R-ID) previously released outline for reforming the government-sponsored enterprises, Fannie Mae and Freddie Mac.ย 

Louisiana Housing Corporation Hosts Stateโ€™s First All-Inclusive Housing Conference

The Louisiana Housing Corporation will host the stateโ€™s first all-inclusive housing conference, Connections, on April 2-4, 2019, at the Hilton Hotel in Downtown Baton Rouge. The event will bring together more than 400 housing professionals for a unique opportunity to connect with housing experts and advocates from across the state to discuss pressing housing issues.

NCSHA Washington Report | March 22, 2019

Hundreds of legal aid attorneys, community organizers, and low-income tenant rights advocates gathered in New Orleans this week for the Housing Justice Network National Conference, convened by...

IRS Publishes New MRB and MCC Purchase Price Limits and Safe Harbors

The Internal Revenue Service yesterday published Revenue Procedure 2019-14, which revises the nationwide average purchase price limits and the average area purchase price safe harbors for the Mortgage Revenue Bond and Mortgage Credit Certificate programs.

RIHousing Recognizes Top-Performing Partners

RIHousing honored its top-producing lender and realtor partners at its annual Spring Homebuying Breakfast hosted for 350 industry members. Working with 41 lender partners and hundreds of realtors throughout Rhode Island, the corporation helped over 2,100 Rhode Islanders purchase a home in 2018. Awards were presented to HarborOne Mortgage as the agencyโ€™s Participating Lender of the Year. In 2018, HarborOne Mortgage funded more than $55 million in mortgage loans for 291 homes through RIHousingโ€™s homeownership programs.

HUD Issues Second Invitation for Public Housing Agencies to Join Moving to Work Demonstration Program

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) is inviting a second round of public housing agencies to join the Department's expandingย Moving to Workย (MTW) demonstration...

WHEDA allocates $554,974 in federal housing tax credits to St. Anthony Apartments in Milwaukee

The Wisconsin Housing and Economic Development Authority (WHEDA) has allocated $554,974 in affordable federal housing tax credits to help finance the St. Anthony Apartments near downtown Milwaukee. A grand opening ceremony was held today at the new development. The adaptive re-use development has transformed a vacant five-story building that historically was St. Anthonyโ€™s Hospital, and more recently the Milwaukee County Correctional Center, into 60, one-bedroom and efficiency units of high-quality housing with onsite supportive services.