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Grand Opening for Kiku Crossing

CalHFA Board Member Preston Prince represented the Agency today in San Mateo, speaking at the Grand Opening for Kiku Crossing, a 225-unit affordable housing development.

More North Carolinians Now Eligible for Affordable Mortgages and $15K Down Payment Assistance

The NC Housing Finance Agency is helping make home buying more attainable by increasing its income and sales price limits for its suite of affordable mortgage products.

Illinois Housing Development Authority Board Voices Concern Over Proposed U.S. Housing and Urban Development Cuts

Last Friday, the Illinois Housing Development Authority (IHDA) Board approved a resolution objecting to any decrease in funding for rental assistance in the U.S. Department of Housing and Urban Development (HUD) fiscal year (FY) 2026 budget that would also impact affordable housing development in Illinois and across the nation.

Annual JCHS Report Finds Housing Affordability Challenges Persist; Issues Strong Call for Action

The Harvard Joint Center for Housing Studies (JCHS) earlier today released its annual State of the Nation’s Housing Report for 2025. The report, of which NCSHA is a sponsor, states clearly that housing affordability in the United States “remains in crisis.” The report documents how, despite slight increases in inventories of for-ownership and rental housing, housing costs still increased and remained unaffordable for many working families. JCHS calls on federal, state, and local government leaders, as well as the private sector, to explore solutions to address the affordable housing shortage.

House Appropriations Committee Approves FY26 USDA Appropriations Bill

On Monday, the House Appropriations Committee voted to advance the FY26 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies bill 35–27 in a party-line vote. The debate around the bill was contentious, requiring three separate committee meetings over the course of two weeks. Dozens of amendments offered by Democrats to supplement the bill went unadopted, with only three amendments added to the bill that advanced out of the subcommittee earlier this month.

Pritzker Administration Announces 2025 Affordable Housing Tax Credit Developments

The Illinois Housing Development Authority (IHDA) Board approved awards totaling $24 million in federal Low-Income Housing Tax Credits (LIHTC) and an additional $39 million in federal and state subordinate resources that will finance the creation and preservation of 16 affordable housing developments in 11 counties throughout Illinois.

Grants Ensure Safe Housing for Lower-Income Households

North Dakota Housing Finance Agency (NDHFA) announces the planned distribution of $240,000 through its Helping Housing Across North Dakota (Helping HAND) program.

Healey-Driscoll Administration, MassHousing Announce Creation of 233 New Mixed-Income Rental Homes by Momentum Fund

The Healey-Driscoll Administration and MassHousing announced today the third financing commitment under the Momentum Fund, a first-in-the-nation state revolving fund to support mixed-income housing production.

Iowa Finance Authority and the Iowa REALTORS® Celebrate Homeownership Month with Two Statewide Initiatives

In celebration of National Homeownership Month, the Iowa Finance Authority (IFA) and Iowa REALTORS® today announced two statewide initiatives, one for future homeowners and another for industry professionals to elevate the importance of homeownership across Iowa.

NCSHA Washington Report | June 20, 2025

In April, Representative Steve Womack (R-AR) hosted HUD Secretary Scott Turner in his northwest Arkansas district, where the Secretary was briefed on McAuley Place, which will provide homes for...

Oregon Housing and Community Services Awards $8.7 Million in Down Payment Assistance and Home Repair Funds for Veterans

Oregon Housing and Community Services is awarding more than $8.7 million to eligible organizations representing 27 counties to support veterans via down payment assistance and home repair funds.

THDA Awards Maryville Housing Development Corporation $563,826 Through Tennessee Housing Trust Fund

The Tennessee Housing Development Agency (THDA) awarded Maryville Housing Development Corporation (MHDC) $563,826 from the Tennessee Housing Trust Fund (THTF) on Wednesday, June 18.