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SC State Housing Finance and Development Authority Names Bonita Shropshireย as Executive Director

The Board of Directors of the SC State Housing Finance and Development Authority (SC Housing) namedย Bonita Shropshireย as the agencyโ€™s Executive Director. Shropshire had been serving as the agencyโ€™s Interim Executive Director prior to her appointment.

Minot’s First NDR-Supported Housing Project Complete

Park South Apartments, the City of Minotโ€™s first affordable housing rehabilitation project supported by the National Disaster Resilience (NDR) Program, is complete. Local and state official celebrated the projectโ€™s completion with a ribbon cutting on Tuesday, Aug. 21.

SEC Establishes Additional Disclosures for Municipal Securities

The U.S. Securities and Exchange Commission (SEC) yesterday released aย final ruleย that increases HFAsโ€™ and other municipal bond issuersโ€™ disclosure obligations.

Washington Report | August 17, 2018

New Mexico Mortgage Finance Authority (MFA) executive director Jay Czar and his senior team convene the agencyโ€™s board annually for a retreat to report on progress implementing current strategy,...

RIHousing Homeownership Opportunity Bond Rating Upgraded by Moodyโ€™s

RIHousing announced yesterday that Moodyโ€™s Investor Service has assigned Aa1 ratings to RIHousingโ€™s Homeownership Opportunity bonds which is an upgrade from the existing Aa2 rating.

NCSHA Urges HUD to Clarify Disparate Impact Rule

On August 16, NCSHA submittedย comments to HUD on the agencyโ€™s 2013 Disparate Impact Final Rule, which implements the Fair Housing Actโ€™s discriminatory effects standard.

Essent Publishes 2018 First-Time Homebuyer Study

Private mortgage insurer Essent recentlyย published a studyย detailing the needs and preferences of younger first-time homebuyers.

The Vestcor Companies Break Ground on The Quarry in Big Coppitt Key, Florida

The Vestcor Companies announced today that theyโ€™ve officially broken ground on The Quarry, an affordable housing community in Big Coppitt Key, Florida.

PHFA selected by mid-state residents for Readersโ€™ Choice Award

The Pennsylvania Housing Finance Agency has been selected as a Readersโ€™ Choice Award winner in the category of โ€œBest Mortgage Companyโ€ as part of the 2018 Simply the Best readersโ€™ poll conducted annually by Harrisburg Magazine.

HUD Seeks Public Comment on Affirmatively Furthering Fair Housing Regulation

Earlier today, HUD issued aย press releaseย stating its intention to reopen for public comment its 2015 final rule on Affirmatively Furthering Fair Housing (AFFH) and made available a pre-publication of anย Advance Notice of Proposed Rulemaking, which HUD will soon officially publish in the Federal Register.

Housing for Chronically Homeless Individuals is Complete

The Permanent Supportive Housing (PSH) project will house 42 individuals who experienced chronic homelessness. The approach employed at the property is known as โ€˜Housing Firstโ€™ where tenants are rapidly housed and then offered services to address the issues that are the cause of their homelessness.

Washington Report | August 10, 2018

In a meeting of housing and consumer organizations this week, we heard from Comptroller of the Currency Joseph Otting that the OCC would issue an Advance Notice of Proposed Rulemaking (ANPR)...