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Trump Expected to Nominate Fannie, Freddie Critic to Oversee Mortgage-Finance Giants
WASHINGTON — The White House is preparing to pick a vice presidential aide and critic of Fannie Mae and Freddie Mac to the post responsible for overseeing the housing-finance companies.
NJHMFA Marks Groundbreaking of Affordable Apartments for Families, Special Needs Residents in Camden County
New Jersey Housing and Mortgage Finance Agency (NJHMFA) executive staff joined local officials and representatives of developer Project Freedom today for a groundbreaking ceremony marking the start of a new 72-unit affordable apartment complex for families, which will include 18 units for residents with special needs.
MassHousing to Provide $1.5 Million in Workforce Housing Financing for New Rental Housing Community for Working Families on Cape Cod
MassHousing is providing $1.5 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of the Village at Nauset Green by Pennrose, LLC. The MassHousing workforce housing financing will allow the Village at Nauset Green, a new, 65-unit, rental housing community being built on a vacant parcel owned by the Town of Eastham, to be entirely affordable, while serving a broader range of working households than would have been possible otherwise.
$15 Billion in Anticipated Opportunity Zone Investment Identified by NCSHA
WASHINGTON, DC — The National Council of State Housing Agencies (NCSHA) has released a significantly expanded third edition of its Opportunity Zone Fund Directory featuring 53 Qualified Opportunity...
Washington Report | December 7, 2018
At this week’s NCSHA Board of Directors Meeting and Executive Directors Forum in Washington, DC, political strategist Bruce Mehlman described our “age of disruption” in politics (the U.S....
DCHFA Closes the Month by Funding Two Developments on the Final Day of November
The District of Columbia Housing Finance Agency (DCHFA) closed out the month of November with the funding of $23.6 million in financing to create and preserve 138 units of affordable housing in the District. On November 30, the Agency issued $5.5 million in bond financing and underwrote $4 million in four percent low income housing tax credits (LIHTC) for Milestone Senior Housing (Ward 7).
RIHousing Bolsters Housing through Community Development Program
RIHousing’s Board of Commissioners last month approved $200,000 in funding for programs to support homeownership, financial counseling and green infrastructure activities. Funded via the agency’s Community Development Program (CDP), awards were made to six programs in Woonsocket, Providence and Pawtucket/Central Falls.
MassHousing closes on $23.6 Million in Tax-Exempt Financing for Newly Built 108-Unit Mixed-Income Apartment Community in Chelmsford
MassHousing has closed on $23.6 million in affordable housing financing to Princeton Properties and Parse Capital. The MassHousing permanent financing supports affordability at the Mill and 3 Apartments, a 108-unit, mixed-income apartment community in Chelmsford.
MassHousing Honors WinnCompanies and NEI General Contracting for Their Use of Minority and Women-Owned Businesses Across Massachusetts
MassHousing has recognized the efforts of WinnCompanies and NEI General Contracting for their utilization of Minority and Women-Owned Business Enterprises (M/WBEs) in fiscal year 2018, which created economic opportunities for hundreds of working families across Massachusetts. “Diverse contracting helps create economic opportunity and advance prosperity, while providing a tremendous economic benefit to the employees and families of these businesses,” said MassHousing Executive Director Chrystal Kornegay.
NCSHA Opportunity Zone Fund Directory Expands to 54 Funds, $15 Billion in Investment
NCSHA released a significantly expanded edition of its Opportunity Zone Fund Directory today, including details on 54 Qualified Opportunity Funds (QOFs) formed to attract Opportunity Zone investment in designated high-poverty neighborhoods.
Washington Report | November 30, 2018
The first housing advocates were probably 19th century public health professionals in Europe and America alarmed by shoddy construction and appalling living conditions in both countries’...
Housing Market Report Data Show Continued Demand for Housing in Most Areas of State
Data in New Hampshire Housing Finance Authority’s November Housing Market Report reflect a continued need for affordable rental units as well as homes for sale, in order to keep pace with the state’s strong economy and low unemployment rate. The Housing Market Report shows the links between our state’s housing supply and its continued economic prosperity, and the underlying reasons to encourage the development of sufficient housing to meet the needs of our growing workforce.
