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GAO Housing Credit Development Cost Study Illustrates State Efforts to Ensure Reasonable Costs and Recommends Additional Data Collection

Today, the U.S. Government Accountability Office (GAO) published its long-awaited report on Low Income Housing Tax Credit (Housing Credit) development costs, โ€œLow-Income Housing Tax Credit: Improved Data and Oversight Would Strengthen Cost Assessment and Fraud Risk Management.โ€

Utah Homebuilder Announces National Prize for Innovations in Affordable Homeownership

Ivory Homes, the largest homebuilder in Utah, Tuesdayย announcedย it is holding a national contest to reward innovators who are working to alleviate the affordable housing crisis.

PHFA Offers No-Fee Coaching to Help People With Personal Finances

The Pennsylvania Housing Finance Agency today announced its โ€œTake Charge of Your Moneyโ€ program, providing people with no-cost coaching from credentialed counselors to help them better handle their personal finances.

Washington Report | September 14, 2018

Ten years after the Great Recession forced the federal government to make major changes to the nationโ€™s housing system, state housing finance agencies (HFAs) are increasingly important to the...

RIHousing, Partners Celebrate Beginning of $50 Million Apartment Rehabilitation Project in South Providence

Joined by U.S. Senator Jack Reed and Providence Mayor Jorge Elorza, RIHousing and Omni America hosted a groundbreaking ceremony on Friday morning, September 14, for the renovations taking place at Barbara Jordan I Apartments.

FHFA Proposed Rule Would Require GSEs to Align Policies to Facilitate Single Security

The Federal Housing Finance Agency (FHFA) on September 12 released aย proposed ruleย that would mandate the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac work to align their policies and procedures that could impact the prepayment speeds of their mortgage-backed securities (MBS) in the to-be-announced market (TBA).

Opening Doors for Households with Rental Barriers

North Dakota Housing Finance Agency (NDHFA) is helping households with poor credit, a history of evictions or a criminal record to secure housing. The state agency launched a landlord risk mitigation fund in September to encourage property owners to lease apartments to individuals and families who may not meet their standard rental criteria.

Edwin King to Join the Federal Reserve Bank of Clevelandโ€™s Community Advisory Council

Edwin King, executive director of KHC, was selected to serve on the Federal Reserve Bank of Clevelandโ€™s Community Advisory Council (CAC), which is responsible for research, analysis, and engagement on economic issues facing underserved and lower-income individuals and communities across the federal Fourth District.

State of Maryland Launches Redesigned Affordable Rental Housing Locator

Today, the Maryland Department of Housing and Community Development launched a new version of its free, Web-based affordable rental housing locator,ย MDHousingSearch.org, the first major redesign of the locator website since its debut in 2008.

House Tax Leaders Unveil Tax Reform 2.0 Legislation

Yesterday, the House Ways and Means Committee released aย package of three bills, which together are the Houseโ€™s follow-on to last yearโ€™s Tax Cuts and Jobs Act.

PHFA Issues RFP for Local Housing Initiatives to Request Funding

The Pennsylvania Housing Finance Agency today is issuing a Request for Proposals soliciting applications from organizations for projects to improve the availability and affordability of housing across the commonwealth. Funding for this RFP is being provided through the PHARE Fund.

Washington Report | September 7, 2018

Thereโ€™s a long-running argument in American politics about whether the private sector or public sector is the most cost-effective delivery system for products and services society needs, such...