Newsroom
Treasury Proposes Substantial Revisions to CRA Regulations
The U.S. Treasury Department yesterday released a memorandum to federal banking regulators—the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Federal Reserve—recommending changes to their Community Reinvestment Act (CRA) regulations.
MassHousing Closes on $1.6 Million in Financing for New, Mixed-Income, Workforce Housing in Downtown Haverhill
Vacant, historic shoe manufacturing building at 98 Essex St. will be transformed into 62 new apartments for households with a range of incomes.
HUD Publishes Annual Report on Housing Credit Tenant Characteristics
HUD recently published Understanding Whom the LIHTC Program Serves: Data on Tenants in LIHTC Units as of December 31, 2015, providing demographic data about Housing Credit tenants, including race, ethnicity, family composition, age, income, use of rental assistance, disability status, and monthly rent burden.
A Message from Executive Director Stockton Williams
NCSHA welcomed Stockton Williams on board as the organization’s new Executive Director, following his appointment by the Board of Directors. Here, Stockton recorded the following message for NCSHA’s members
HUD Promotes Strong Families Initiative
HUD is encouraging public housing authorities (PHA), HUD-assisted property owners, and others to participate in its Strong Families Initiative.
Freddie Mac Study Finds Significant Savings on Rent for Households in Housing Credit Units Compared to Market-Rate
Freddie Mac’s analysis illustrates the significant financial savings Housing Credit tenants are able to achieve compared to low-income households living in comparable market-rate rental housing.
GAO Report Says HUD Should Improve Metrics and Ongoing Oversight of RAD Program
A recent Government Accountability Office (GAO) report considering public housing conversions under the Rental Assistance Demonstration (RAD) program.
PHFA Honors Its Top Lending Partners
The Pennsylvania Housing Finance Agency honored its top lending partners for 2017 during its annual homeownership awards event today at its headquarters.
PHFA Awarded $4 Million Capital Magnet Fund Grant
The Pennsylvania Housing Finance Agency has been awarded a $4 million Capital Magnet Fund grant from the U.S. Department of the Treasury.
Carson Testifies at Senate Banking Committee HUD Oversight Hearing
On March 22, HUD Secretary Ben Carson testified at a Senate Committee on Banking, Housing, and Urban Affairs hearing titled “Oversight at HUD” and responded to questions regarding HUD’s Fiscal Year (FY) 2019 budget and rent reform proposals, recent actions on fair housing, and oversight at the agency.
