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Minot’s First NDR-Supported Housing Project Complete

Park South Apartments, the City of Minot’s first affordable housing rehabilitation project supported by the National Disaster Resilience (NDR) Program, is complete. Local and state official celebrated the project’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 a final rule that increases HFAs’ and other municipal bond issuers’ disclosure obligations.

Washington Report | August 17, 2018

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

RIHousing Homeownership Opportunity Bond Rating Upgraded by Moody’s

RIHousing announced yesterday that Moody’s Investor Service has assigned Aa1 ratings to RIHousing’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 submitted comments to HUD on the agency’s 2013 Disparate Impact Final Rule, which implements the Fair Housing Act’s discriminatory effects standard.

Essent Publishes 2018 First-Time Homebuyer Study

Private mortgage insurer Essent recently published a study 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 they’ve officially broken ground on The Quarry, an affordable housing community in Big Coppitt Key, Florida.

PHFA selected by mid-state residents for Readers’ Choice Award

The Pennsylvania Housing Finance Agency has been selected as a Readers’ Choice Award winner in the category of “Best Mortgage Company” as part of the 2018 Simply the Best readers’ poll conducted annually by Harrisburg Magazine.

HUD Seeks Public Comment on Affirmatively Furthering Fair Housing Regulation

Earlier today, HUD issued a press release 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 an 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 ‘Housing First’ 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)...

Senator Booker Introduces Legislation Establishing Renters’ Credit and Affordable Housing Planning Requirements

On August 1, Senator Cory Booker (D-NJ) introduced the Housing, Opportunity, Mobility, and Equity Act of 2018, S. 3342, which would establish new Consolidated Plan (Con Plan) requirements, enact a refundable tax credit for renter households, and set up an optional savings program for renters that receive the renters credit established by the bill.