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Maryland Department of Housing and Community Development: 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.

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. CHFA, which invests in programs to support affordable homeownership and affordable rental housing, helped more than 8,000 Coloradans become homeowners, and supported the development or preservation of more than 6,000 units of affordable rental housing in 2017.

MassHousing Names Chrystal Kornegay Executive Director

MassHousing’s Board of Directors voted to appoint Chrystal Kornegay as the Agency’s Executive Director. Kornegay, who currently serves the Baker-Polito Administration as Undersecretary of Housing and Community Development, will assume the Executive Director role following a brief transition period.

WHEDA Issues $110 Million Housing Revenue Bond

The Wisconsin Housing and Economic Development Authority (WHEDA) issued a $110 million Housing Revenue Bond to finance rental housing developments currently in its loan closing pipeline.

Statewide South Dakota Homeless Count to be Conducted in January

South Dakota Housing for the Homeless Consortium (SDHHC), an affiliate of South Dakota Housing Development Authority (SDHDA), will conduct its annual statewide Point-In-Time (PIT) homeless count.

FHFA 2018 Scorecards Calls for GSEs to Explore HFA Partnerships

Shortly before the end of 2017, the Federal Housing Finance Agency (FHFA) released its 2018 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions (CSS). The scorecard outlines the steps FHFA expects each of the firms to undertake next year to fulfill FHFA’s Strategic Plan for Enterprise Conservatorship, which was finalized in 2014. FHFA recently proposed an amended Strategic Plan for Fiscal Years 2018-2022, which has not yet been finalized.

NCSHA Releases New Recommended Practices in Housing Credit Administration

Last week, NCSHA issued the Task Force on Recommended Practices in Housing Credit Administration’s (Task Force) final report, which significantly strengthens many of the organization’s previous Housing Credit recommended practices and adds 13 important new practices. NCSHA’s Board of Directors approved the report at its December 2017 meeting.

North Dakota HFA Board Members Appointed

The North Dakota Industrial Commission made three new appointments to North Dakota Housing Finance Agency’s citizen advisory board in December.

NCSHA Releases Updated Recommended Practices for Housing Credit Program Administration

The National Council of State Housing Agencies (NCSHA) has published updated recommended practices for state Housing Finance Agency (HFA) administration of the Low Income Housing Tax Credit (Housing Credit) program.

NCSHA Names Rieman as Interim Executive Director

The National Council of State Housing Agencies (NCSHA) Board of Directors has named Garth Rieman interim executive director of the association, effective January 1, 2018.