Newsroom
Worcester Housing Community Will Undergo Extensive Renovation with $22.5 Million in MassHousing Financing
MassHousing has closed on $22.5 million in financing to Beacon Communities LLC for the purchase, rehabilitation and preservation of affordability at the 156-unit Stratton Hill Park housing community in Worcester.
Friends of Housing honored for leadership, inspiration in Washington State
The Washington State Housing Finance Commission has honored six individuals and one firm as “Friends of Housing” for their work to create, support and advocate for affordable housing in Washington state.
Iowa Finance Authority Awards $1.2 Million in Federal Funds to Provide Rental Assistance for 520 Iowa Families
The Iowa Finance Authority Board of Directors recently announced six awards to affordable housing organizations totaling more than $1.2 million.
Gov. Edwards Appoints Andreanecia Morris to Louisiana Housing Board
Governor John Bel Edwards has appointed Andreanecia M. Morris to the Louisiana Housing Corporation (LHC) Board of Directors.
Administration Proposes Reforms and Debt Relief for Flood Insurance Program
The Trump Administration yesterday called on Congress to forgive a portion of the National Flood Insurance Program’s (NFIP) debt. The Administration also proposed that Congress enact several reforms to NFIP to improve its solvency and encourage private participation in the flood insurance market.
IHCDA announces 2017 Owner Occupied Rehabilitation Awards
The Indiana Housing and Community Development Authority (IHCDA) approved at their board meeting last week awards totaling $2.7 million to 14 Indiana municipalities for the development and implementation of Community Development Block Grants (CDBG) Owner Occupied Rehabilitation (OOR) projects.
Hogan Administration Celebrates Over 1,000 Blighted Properties Removed Through Project C.O.R.E. in Maryland
Governor Larry Hogan today announced that Maryland, in partnership with Baltimore City, has surpassed the milestone of 1,000 blighted properties removed in the city through the administration's Project C.O.R.E. initiative.
Jenn Lopez Appointed to CHFA’s Board of Directors
Colorado Housing and Finance Authority (CHFA) is pleased to announce that Gov. John Hickenlooper has appointed Jenn Lopez, project manager at Cardinal Capital Management, Inc., to serve on CHFA's board of directors.
Iowa Finance Authority Awards More than $3.6 Million to Assist Homelessness Assistance Initiatives
The Iowa Finance Authority Board of Directors today approved more than $3.6 million in homeless assistance grants to assist 49 agencies with homelessness assistance initiatives during the 2018 calendar year.
House Passes Legislation to Classify Muni Bonds as High-Quality Liquid Assets
The U.S. House of Representatives yesterday passed via voice vote legislation (H.R. 1624) that would allow large banks to count some of their municipal bond investments as high-quality liquid assets (HQLAs) under federal bank liquidity standards. The legislation, which NCSHA supports, was introduced by Representatives Luke Messer (R-IN) and Carolyn Maloney (D-NY).
Financial Services Committee Questions Watt on GSE Activities
Members of the House Financial Services Committee questioned Federal Housing Finance Agency (FHFA) Director Mel Watt on a variety issues related to oversight of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac during a hearing held yesterday. Committee members also asked for Watt’s thoughts on how a future housing finance system should be structured.
Downtown Development District Grant Applications Open in Delaware
The Delaware State Housing Authority is accepting applications through December 15 for large project grants through the Downtown Development District Program.