Newsroom
Senate Confirms Pam Patenaude for Deputy HUD Secretary
The U.S. Senate earlier today confirmed Pamela Patenaude’s nomination to serve as Deputy Secretary for Housing and Urban Development (HUD). The final vote approving Patenaude’s nomination was 80-17, with all Republicans and most Democrats voting in favor.
WHEDA announces new small business financing tools
At its annual conference on September 12, the Wisconsin Housing and Economic Development Authority (WHEDA) announced new capital funds to help small businesses expand.
Trump Nominates Brian Montgomery to Lead FHA
President Trump yesterday nominated Brian Montgomery to serve as commissioner of the Federal Housing Administration (FHA) and HUD assistant secretary for housing. Montgomery previously served as FHA commissioner/assistant secretary for housing from 2005 to mid-2009 after working on President George W. Bush’s White House staff. He is currently vice-chairman of the Collingwood Group, a housing finance consulting firm he co-founded.
HUD Publishes 2018 Difficult Development Areas and Qualified Census Tracts
On September 11, HUD published a Notice in the Federal Register designating Difficult Development Areas (DDA) and Qualified Census Tracts (QCT) for 2018 for purposes of the basis boost allowed under Low Income Housing Tax Credit (Housing Credit) program.
Vermont Housing Finance Agency seeks investors for historic “Housing for All” initiative
Executive Director Sarah Carpenter announced Vermont Housing Finance Agency seeks investors for historic "Housing for All" initiative; proceeds expected to create or rehabilitate 650 homes statewide.
Congress Passes Stopgap Funding, Debt Ceiling Extension, and Disaster Aid
On September 8, President Donald Trump signed a legislative package including provisions to provide more than $15 billion in disaster recovery aid, raise the debt ceiling, and enact a continuing resolution to fund federal programs after the September 30 end of this fiscal year until December 8, 2017. The president's signature came after House lawmakers cleared the bill (HR 601) by a 316-90 vote earlier in the day. The Senate approved the package the day before by a 80-17 vote.
Hurricane Harvey victims can skip steps to access affordable rental housing in Washington
The Washington State Housing Finance Commission has issued a waiver that allows victims of Hurricane Harvey to more quickly access housing in Washington State.
Teams for the Indianapolis Integrated Supportive Housing Institute announced
The Indiana Housing and Community Development Authority (IHCDA), in partnership with the City of Indianapolis, have announced the teams that will be participating in the Indianapolis Integrated Supportive Housing Initiative.
Steve Aichroth Named Nevada Housing Division Administrator
Department of Business and Industry Director C.J. Manthe today announced that Steve Aichroth has been appointed administrator of the Nevada Housing Division.
Construction is Underway at The Watson in Quincy as MassHousing Closes on $37.2 Million in Financing
Construction is underway at The Watson in Quincy, as MassHousing has closed on $37.2 million in financing to the WinnCompanies and NeighborWorks of Southern Massachusetts, to support the development of 140 new apartments for middle- and lower-income residents.
Plans to develop supportive housing presented in Indiana at the 2017 Institute Finale
Five supportive housing development teams from across the Hoosier state completed the 2017 Indiana Supportive Housing Institute today held by the Indiana Housing and Community Development Authority (IHCDA) and the Corporation for Supportive Housing (CSH).
FHA Adjusts Fees for Reverse Mortgage Program
The Federal Housing Administration (FHA) yesterday announced that it is amending the fees it charges borrowers through its Home Equity Conversion Mortgage (HECM) program.
