Newsroom
THDA names 2017 Tennessee’s Best Award finalists
The Tennessee Housing Development Agency has released its list of nominees for the 2017 Tennessee's Best Awards.
House Passes FY 2018 Omnibus Spending Bill
Late last week, the House voted largely on party lines (211-198) to pass a $1.23 trillion Fiscal Year (FY) 2018 omnibus spending bill that includes funding for HUD and USDA housing programs. The Make America Secure and Prosperous Appropriations Act for FY 2018, HR 3354, is now headed to the Senate but is not expected to be brought up for a vote there. Instead, the measure may be used as the House’s starting position for negotiations over full-year FY 2018 appropriations legislation that could take place later this year.
SDHDA Awards Lori Moen with Friend of Housing Award
South Dakota Housing Development Authority (SDHDA) presented its “Friend of Housing” Award to Lori Moen, chief operating officer of GROW South Dakota, at the annual statewide housing conference last week.
CHFA Announces Round Two Low Income Housing Tax Credit Awards
Colorado Housing and Finance Authority (CHFA) is pleased to announce the Low Income Housing Tax Credit (LIHTC) awards for the second and final allocation round of 2017.
Maryland DHCD Awards Maryland Town Manager Circuit Rider Grants
The Maryland Department of Housing and Community Development today announced Fiscal Year 2018 awards for the Maryland Town Manager Circuit Rider Grant Program, a program that enables smaller municipalities to hire professional staff to assist with public administration, financial management, planning, and community development.
RIHousing Preserves 131 Apartments for Seniors Through 2057
RIHousing’s Board of Commissioners extended the affordability of 131 senior apartments for 40 years with the approval of $9.6 million in refinancing for in Pawtucket.
Construction Begins on Permanent Housing for Chronically Homeless Individuals
Grand Forks Homes broke ground today on LaGrave on First, a project that will provide affordable housing and supportive services for individuals who have experienced chronic homelessness in the community.
Report: Housing Bond Issuance Soared in 2016
Private activity Housing Bond issuance increased nearly 60 percent from 2015 to 2016, according to the Council of Development Finance Agencies’ (CDFA) latest Annual Volume Cap Report for 2017. The report, which CDFA released yesterday, presents data on how states allocate and utilize their private activity bond (PAB) cap each year. All but two states submitted data for 2016, a higher participation rate than achieved for previous reports.
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.
