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Assessment Details Characteristics of Housing Across Alaska

Today’s challenges to housing in Alaska include affordability, old or inadequate construction, inefficient use of energy. Tomorrow’s challenges include more aging Alaskans and a transient population that is impacting communities – this according to a 2018 Housing Assessment completed for Alaska Housing Finance Corporation (AHFC), the state’s housing financing agency.

Maryland Mortgage Program Announces New Loan and Down Payment Assistance Products

The Maryland Department of Housing and Community Development recently announced new loan and down payment assistance products.

Trump Infrastructure Plan Leaked Draft Emerges

Yesterday, a leaked draft outline of the Trump Administration’s infrastructure plan began circulating in Washington and beyond. One of the key planks of the plan includes enhancing private activity bonds (PABs), including removing the state PAB volume cap.

Three Hardest-Hit Fund Programs in Florida to End on January 31

On January 31, 2018, Florida Housing Finance Corporation (Florida Housing) will close three Florida Hardest-Hit Fund (HHF) programs.

FHFA Shares GSE Reform Proposals with Banking Committee

Federal Housing Finance Agency (FHFA) Director Mel Watt last week sent Senate Banking Committee leaders an outline of FHFA’s proposal for housing finance reform. This is the first time that FHFA has shared its own comprehensive recommendations for housing finance reform in their entirety.

Colorado’s State’s Housing Needs Drive Record Activity at CHFA

The need for affordable housing in Colorado has reached new heights and was reflected in record levels of production at Colorado Housing and Finance Authority (CHFA) in 2017.

RIHousing Investment to Revitalize Smithfield Brownfield Site

RIHousing's Board of Commissioners today approved funding for Georgiaville Village Green, an $11 million, 42-unit family development that will be located in the historic Georgiaville Mill Village in Smithfield (https://www.ncsha.org/hfa-news/rihousing-investment-to-revitalize-smithfield-brownfield-site/).

$38 Million in MassHousing Financing Benefit Elderly and Disabled Residents at Center Communities

MassHousing has provided $38 million in financing to Hebrew SeniorLife for the acquisition, renovation and preservation of 98 affordable rental homes for low-income senior citizens and disabled residents at the Julian and Carol Feinberg Cohen Residences in Brookline (https://www.ncsha.org/hfa-news/38-million-in-masshousing-financing-benefit-elderly-and-disabled-residents-at-center-communities/).

CFPB Announces Review of its Policies and Procedures

Acting Director of the Consumer Financial Protection Bureau (CFPB) Mick Mulvaney announced yesterday that CFPB will examine its operations, policies, and procedures to ensure that it is effectively carrying out its statutory mandate. To inform the review, CFPB intends in the coming weeks to publish in the Federal Register a series of Requests for Information (RFIs) seeking public input on key CFPB activities related to enforcement, supervision, rulemaking, market monitoring, and consumer education.

RIHousing Investment to Revitalize Smithfield Brownfield Site

RIHousing’s Board of Commissioners today approved funding for Georgiaville Village Green, an $11 million, 42-unit family development that will be located in the historic Georgiaville Mill Village in Smithfield.

Banking Committee Again Advances Montgomery Nomination to Lead FHA

The Senate Banking Committee voted via voice vote this morning to favorably report the nomination of Brian Montgomery to be Commissioner of the Federal Housing Administration (FHA) and HUD Assistant Secretary for Housing. Montgomery’s nomination will now be sent to the full Senate for consideration.

CDBG Awards Grant Awards as Part of Homelessness Initiative

The Maryland Department of Housing and Community Development today announced the recipients of special Fiscal Year 2018 grants through the Community Development Block Grant program.