Newsroom
Wyoming’s Home$tretch Down Payment Assistance Program Wins National Award
Wyoming Community Development Authority's (WCDA) Down Payment Assistance loan product, Home$tretch, received a national award.
Second Year of Montgomery County Homeownership Program to Assist Qualified Homebuyers is Announced in MD
Maryland Department of Housing and Community Development Secretary Kenneth C. Holt and Montgomery County Executive Ike Leggett today announced a renewal of the Montgomery Homeownership Program through the Maryland Mortgage Program.
Carson Hearing Focuses on FHA, HUD’s Budget, Hurricane Relief Efforts
At a recent House Financial Services Committee oversight hearing, HUD Secretary Ben Carson outlined his new “FORWARD” Initiative; responded to a series of questions about the Federal Housing Administration, HUD’s Fiscal Year (FY) 2018 Budget, and the agency’s disaster relief efforts; and repeated statements he has made in the past supporting the Housing Credit.
Secretary Carson Signals Intent to Pare Back Penalties for FHA Lending Errors
HUD Secretary Ben Carson yesterday said that his agency is working with the Department of Justice (DOJ) to clarify rules regarding penalties for lenders making Federal Housing Administration (FHA) loans.
30-Day IHCDA Crowdfunding campaign launched for the Cottage Grove Avenue Park
IN's South Bend’s West Side will soon see a new and improved park on Cottage Grove Avenue thanks to a new crowdfunding campaign sponsored by the Indiana Housing and Community Development Authority (IHCDA).
Kentucky’s Affordable Housing Trust Fund Advisory Committee to Meet
The Commonwealth of Kentucky’s Affordable Housing Trust Fund Advisory Committee will hold a regularly scheduled meeting at 10:30 a.m. ET, on Tuesday, October 24, 2017, at Kentucky Housing Corporation, 1047 US Highway 127S, Conference Room 1, Frankfort; agenda available.
Florida State Affordable Housing Workgroup Seeks Public Input
Florida's Affordable Housing Workgroup continues to seek input from the public on addressing affordable housing needs at its meetings; next meeting will be held on Monday, October 30, 2017.
Hogan Administration Announces $490,000 in Community Services Block Grant Awards in Maryland
The Maryland Department of Housing and Community Development today announced $490,000 in Community Services Block Grant awards.
Volume Caps for the Housing Credit and Private Activity Bonds Increase in 2018
This week, IRS published Revenue Procedure 2017-58, which sets out 2018 inflation adjustments for various tax provisions, including the Low Income Housing Tax Credit (Housing Credit) volume cap and the private-activity tax-exempt bond volume cap. In 2018, each state’s Housing Credit authority will be $2.40 per capita or $2,765,000 for the small state minimum. This is an increase over 2017, during which each state received $2.35 per capita or the small state minimum of $2,710,000.
RIHousing Logs Record-Breaking Quarter for Mortgages
RIHousing funded an all-time high of 531 mortgages, with a volume of more than $106 million, during the third quarter of 2017, marking RIHousing's highest mortgage volume for a single quarter in the corporation's 44-year history.
Indiana Lt. Governor Crouch Announces the 2017 Stellar Communities Designees
Lt. Governor Suzanne Crouch announced that the City of Madison and the Town of Culver are the 2017 Designees of the Stellar Communities Designation Program (SCDP).
RIHousing Announces Almost $9 Million of Multiple Funding Rounds
RIHousing is pleased to announce the opening of competitive funding rounds for the HOME Investment Partnership Program (HOME) and the Housing Trust Fund (HTF), initiatives of the U.S. Department of Housing and Urban Development (HUD).
