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Hogan Administration Announces Community Legacy Grants

Governor Larry Hogan today announced $8 million in Fiscal Year 2019 grant awards through the Community Legacy program managed by the Maryland Department of Housing and Community Development. These grants will support 79 neighborhood revitalization and redevelopment projects in 22 jurisdictions across Maryland.

Barbara Fields Appointed to Executive Board of Leading National Housing Organization

RIHousing Executive Director Barbara Fields has been appointed Secretary/Treasurer of the National Council of State Housing Agencies (NCSHA), the agency announced today. Fields was appointed to serve a one-year term on the NCHSA Executive Board at its annual meeting last week.

NCSHA Compiles Directory of Qualified Funds for Opportunity Zone Investment

In response to state Housing Finance Agency (HFA) interest in Opportunity Zones โ€” a new community development tool authorized in the Tax Cuts and Jobs Act of 2017 that encourages investment in designated high-poverty neighborhoods โ€” NCSHA has compiled a directory of newly-created Opportunity Zone investment funds.

Opportunity Is Coming to a City Near You

The rollout of new tax incentives should prompt investment. Opinion | Author: Steve Glickman The federal governmentโ€™s most powerful economic weapon is the tax code, and its most pressing problem...

Developers Look to Hit Tax-Break โ€˜Jackpotโ€™ in Opportunity Zones

Billions pour into funds targeting low-income areas as Treasury lays down rules for who benefits Author: Peter Grant   San Diego developer Moe Ebrahimi paid...

Mortgage Professionals Named New Hampshire Housing Fellows

Ten Granite State professionals who work with homebuyers have been named 2019 New Hampshire Housing Homeownership Fellows. This program offersย the groupย an interactive and educational opportunity to explore the issues and challenges of the mortgage finance system.

2018 NHHFA Housing & the Economy Conference Oct. 4 in Manchester

New Hampshire Housingโ€™s annual Housing and the Economy Conference on Thursday, October 4 at the Manchester Downtown Hotel from 8 AM โ€“ 12:30 PM will feature Cheryl Young,โ€ฏa senior economist at Trulia, the online residential real estate website affiliated with Zillow.

CalHFA’s Tia Boatman Patterson Elected NCSHA Board Chair

California Housing Finance Agency (CalHFA) Executive Director Tia Boatman Patterson was elected President of the Board of Directors of the National Council of State Housing Agencies (NCSHA) last week at the organizationโ€™s Annual Conference.

Lumien II Breaks Ground in Durango

A groundbreaking ceremony was held on October 18 to celebrate the construction of Lumien II, a new 36-unit affordable rental housing development in Durango. The property will include nine Permanent Supportive Housing (PSH) units for formerly homeless households.

Vermont Housing Finance Agency Wins National Award for Using State Housing Tax Credits to Help Home Buyers

This week Vermont Housing Finance Agency (VHFA) received national recognition for pioneering the use of state housing tax credits to provide down payment assistance to low- and moderate-income Vermonters.

New โ€˜Opportunity Zoneโ€™ Tax-Break Rules Offer Flexibility to Developers

U.S. Treasury releases guidelines designed to spur projects in low-income areas By Richard Rubin WASHINGTONโ€”The Trump administration, trying to accelerate tax-advantaged investment in...

Treasury Department Releases Initial Guidance on Opportunity Zones

The Treasury Department releasedย proposed regulationsย today providing guidance on the Opportunity Zone (OZ) provisions of Internal Revenue Code section 1400Z-2.