Newsroom
Administration Nominates Michael Bright to be Ginnie Mae President
On May 15, the Trump Administration announced its nomination of Michael Bright to serve as the President of the Government National Mortgage Association (Ginnie Mae).
CohnReznick Examines Housing Credit Property Performance
A recent study issued by CohnReznick found Low Income Housing Tax Credit (Housing Credit) properties to be operating better than in any other period during the program’s history.
Senior Housing Community On Nantucket Will Be Renovated, Have Affordability Extended For Perpetuity With $1.5 Million in MassHousing Financing
The MassHousing funding will enable HallKeen Management to make renovations to Academy Hill, a 27-unit mixed-income housing community for senior citizens on Nantucket, and to preserve affordability at Academy Hill’s affordable units for perpetuity.
Terner Center Study Finds Economic Mobility and Educational Success for Housing Credit Tenants
The Terner Center for Housing Innovations at UC Berkley (The Terner Center), in partnership with the California Community Reinvestment Corporation (CCRC), recently highlighted the impact living in affordable housing has on residents’ economic mobility and other positive outcomes.
WinnCompanies & Omni Development Break Ground on $42 Million Rehab at Historic Rhode Island Public Housing Community
WinnCompanies and Omni Development Corporation formally kicked off $42 million in ambitious renovations to modernize Prospect Heights Apartments, a historic New Deal-era public housing community in Pawtucket.
Newton Mixed-Income Housing Community Will Undergo Major Renovation With $3.3 Million in MassHousing Financing
MassHousing has provided $3.3 million in affordable housing financing to the nonprofit Newton Community Development Foundation, for the renovation of the historic Weeks School Apartments.
Washington Report | May 11, 2018
The theme of the Mountain Plains Housing Summit in Lincoln this week was innovation. Nearly 100 HFA staff and affiliate members, including 8 HFA executive directors and NCSHB President Pat Hand...
House Members Introduce White House Rescissions Bill That Includes Cuts to Affordable Housing Programs
House Republican leaders, including House Majority Leader Kevin McCarthy (R-CA), unveiled a package of spending cuts closely mirroring the proposal the Trump Administration released Tuesday.
LHC Board Approves $13 Million in Housing Bonds and Notes
Today, the Louisiana Housing Corporation Board of Directors approved the issuance of $13 million in Multifamily Housing Revenue Bonds and Multifamily Housing Governmental Notes.
PHFA accepting bids for purchase of Community Revitalization Fund Tax Credits
The Pennsylvania Housing Finance Agency announced today that it is accepting bids for the purchase of $2 million in tax credits associated with the Community Revitalization Fund.
Work is Underway to Convert Vacant Worcester Building to New, 55-Unit Mixed-Income Housing Community With $5.1 Million In MassHousing Financing
MassHousing has closed on a total of $5.1 million in affordable housing financing to support the redevelopment of Worcester’s Central Building.
Washington Report | May 4, 2018
The HFA executive directors from 10 southeastern states convened this week in Chattanooga for their annual meeting. At the generous invitation of Tennessee's Ralph Perrey, this year's host, I was...
