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NCSHA Washington Report | May 31, 2024

The range of responses, from breathless to blistering, to Freddie Mac’s request for permission from its regulator to start purchasing and guaranteeing closed-end home equity loans for borrowers...

CHFA Announces 2024 Round One Housing Tax Credit Awards

Colorado Housing and Finance Authority (CHFA) is pleased to announce 13 developments have been awarded a reservation of federal 9 percent Housing Tax Credits along with an award of federal 4 percent credit to a paired development. In total, these developments will support 703 affordable rental housing units to serve various housing needs in Colorado including supporting individuals and families who are transitioning out of homelessness, individuals with intellectual and developmental disabilities (IDD), older adults, and households with low and moderate incomes.

Governor Hochul Announces Completion of 128-Unit Affordable and Supportive Housing Development in Syracuse

Governor Kathy Hochul today announced the historic Moyer Carriage and Car Factory in the city of Syracuse has been transformed into a 128-unit, mixed-use, affordable and supportive housing development.

New Mexico Mortgage Finance Authority Board of Directors Approves Over $72 Million in Low-Income Housing Tax Credits and $10.6 Million in Funding Awards to Several Housing Developments

The New Mexico Mortgage Finance Authority (MFA) Board of Directors approved over $72 million in Low-Income Housing Tax Credits (LIHTC) to six housing developments – including over $1 million in supplemental LIHTC to The Bluffs Senior Apartments – as well as $10.6 million in loans to three of those developments at its May meeting.

KHC-Funded RHOAR Center Opens in Middlesboro

The Cumberland River RHOAR (Recovery, Hope, Opportunity, and Resiliency) Center, an affordable housing substance abuse recovery facility, has officially opened in Middlesboro.

CHFA Awarded More Than $400,000 for Housing Counseling

Colorado Housing and Finance Authority (CHFA) was recently awarded $464,414 from the Department of Housing and Urban Development (HUD) through its Comprehensive Housing Counseling Grant Program.

Oregon Housing and Community Services Announces Progress on Rural Shelter and Rehousing Goals with Launch of New Dashboard

Oregon Housing and Community Services (OHCS) announces rural communities added 216 new shelter beds, more than doubling the goal set through Oregon’s Emergency Homelessness Response.

Habitat for Humanity of Henderson Dedicates Homes 82 and 83

Whitney Howard and her five kids received the keys to their new home, Habitat of Henderson House #83, at a ceremony Friday afternoon attended by friends, family, and other well-wishers.

Just A Start and Project Partners Break Ground for 52 New Street in Cambridge

Just A Start and project partners celebrated the start of construction today on 52 New Street, which will create 106 new rental homes for residents with various incomes on the site of a vacant building and parking lot in North Cambridge.

Grand Opening for Gateway Rising

Director of Multifamily Programs Kate Ferguson and Housing Finance Officer Kevin Brown represented CalHFA at today’s Grand Opening for the large-scale rehabilitation of Gateway Rising in Menlo Park, San Mateo County.

Georgia Proclaims May Georgia Historic Preservation Month, Archaeology Month

Georgia proclaimed May 2024 as both Georgia Historic Preservation Month and Archaeology Month, showcasing how the state’s heritage is being preserved and utilized in the modern era.

MaineHousing Announces Award $30 Million in State Subsidy Awarded for Affordable Housing Development

MaineHousing is pleased to announce it has awarded $30 million of state affordable housing subsidies to help finance the development of 248 new affordable rental homes in six different Maine communities.