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Florida Housing Board Approves $30 Million for Hurricane Michael Impacted Counties
Florida Housing Board of Directors unanimously approved during today’s board meeting $30 million in HOME funds targeted towards counties most impacted by Hurricane Michael. Florida Housing staff is now authorized to proceed with the development of a RFA for HOME Program financing and authorize the Executive Director to establish a review committee for the RFA to make recommendations for award to the board in May 2019.
NCSHA Statement on the Nomination of Calabria to Head FHFA
WASHINGTON, DC — The National Council of State Housing Agencies (NCSHA) congratulates Mark Calabria on the announcement that President Trump intends to nominate him to be the next Director of the...
Trump to Nominate Mark Calabria for FHFA Director
President Donald Trump last night announced that he will nominate Mark Calabria, chief economist to Vice President Mike Pence, to serve as director of the Federal Housing Finance Agency (FHFA). If confirmed, Calabria would replace Mel Watt, whose five-year term as Director expires on January 4, 2019.
White House Announces New Council on Opportunity Zones
President Donald Trump signed an executive order creating the White House Opportunity and Revitalization Council. The group, chaired by U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson, includes representatives from 13 federal agencies. The Council will coordinate federal efforts relating to Opportunity Zones and work to prioritize such neighborhoods for grant funding, loan guarantees, infrastructure spending, and other federal initiatives.
FHLBank Pittsburgh and PHFA Announce Home4Good Funding Awards
FHLBank Pittsburgh and the Pennsylvania Housing Finance Agency (PHFA) announced today the 2018 Home4Good funding awarded to programs across the state working to reduce homelessness. This year, FHLBank Pittsburgh provided $3 million toward the effort, and PHFA provided $1.5 million, for a total contribution of $4.5 million.
NJHMFA Celebrates Grand Opening of Mixed-Use, Mixed-Income Apartments in Monmouth County Financed by Sandy Recovery Funding
Cove on the Bay, a new mixed-income apartment and retail complex built on a vacant waterfront lot celebrated its grand opening today joined by New Jersey Housing and Mortgage Finance Agency (NJHMFA) Executive Director Charles A. Richman, local officials and representatives of RPM Development Group.
HUD and VA Announce Additional Support to Help Homeless Veterans Find Permanent Homes
WASHINGTON – In a continuing effort to help end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announce a...
House Republicans Revise End-of-Year Tax Bill
House Republicans released a revised year-end tax package, after a previous effort introduced late last month failed to garner enough support for House passage.
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...
