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New Report Shows a Surging Rental Market, Starkly Divided by Race and Renter Incomes
CAMBRIDGE, MA – Rental housing demand came roaring back in the second year of the pandemic, reducing vacancy rates and driving up rents, according to America’s Rental Housing 2022, a new report...
Statewide Homeless Count to Be Conducted
The Point-In-Time homeless count is an important source of annual data, providing characteristics of people who are experiencing homelessness. Data from the annual PIT homeless count is used to measure homelessness on local, state, and national levels.
Governor Hogan Announces Enhanced Benefits for Utility and Electric Assistance to Address Rise in Heating Costs
Governor Larry Hogan today announced that, to address the rise in heating costs, recipients of the state’s utility and electric assistance will receive enhanced benefits during this home heating season. The state is also increasing funding for weatherization assistance programs to improve energy conservation.
Ken Pulido Joins VHFA as Director of Energy Finance
Executive Director Maura Collins announced that VHFA has selected Ken Pulido (he/him) of South Burlington in the newly created role of Director of Energy Finance. Pulido has a Bachelor’s Degree in Mechanical Engineering from the University of California-Irvine and an MBA from Stanford University.
NCSHA Washington Report | January 14, 2022
Speaking virtually this week to hundreds of state HFA staff from around the country during NCSHA’s HFA Institute, HUD Deputy Assistant Secretary for Multifamily Housing Ethan Handelman...
IRS Extends Housing Credit Regulatory Relief Available During COVID-19 Pandemic
On January 11, the Internal Revenue Service (IRS) issued Notice 2022-05 extending and expanding on temporary relief for state Housing Credit agencies and owners and residents of Housing Credit...
Governor Hochul Announces Nearly $1 Billion in Financing for Affordable Housing
The developments will leverage an additional $379 million in private funding to create an overall investment of nearly $1.4 billion to further local economic development efforts, reduce homelessness, and advance New York's commitment to expanding safe, secure and healthy housing opportunities for individuals and families.
Landlord Incentive Program Continues in 2022
Today MaineHousing is announcing it will make up to $750,000 in funding from the state Housing Opportunity for Maine (HOME) Fund available to continue its partnership with the state’s public housing authorities for its statewide Landlord Participation Incentive Program.
HUD Awards Nearly $105 Million to Protect Families From Home Health and Safety Hazards
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $104.7 million to 60 non-profit organizations, and state and local government agencies located in 29...
Treasury Issues Final Rule for Fiscal Recovery Funds Program
On January 6, the U.S. Department of the Treasury issued the final rule for the State and Local Fiscal Recovery Funds (SLFRF) program authorized in the American Rescue Plan Act, which provided $350...
DCHFA Finances the Agency’s First Affordable Housing Development of 2022
DCHFA has started the new year by financing the rehabilitation of Cascade Park Apartments. On January 7, 2022, the Agency issued $11.1 million in tax exempt bonds for the acquisition and rehabilitation of 59 of the units (two buildings) at the Ward 8 property. “Closing a deal for an affordable housing transaction is a great way to begin the new year. This is the first of many developments that the Agency’s multifamily team is working to fund to create and preserve beautiful, healthy affordable housing.
Financing to Create and Preserve Affordable Multi-Family Housing in Conway, Manchester & Nashua Approved by New Hampshire Housing Board
Financing for four affordable multi-family rental housing developments which will provide a total of 232 units was approved by the New Hampshire Housing Board of Directors at its December meeting. Once constructed, this housing will help meet the critical need to build and preserve affordable rental housing for our state’s workforce and other residents.
