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Governor Pritzker Announces Applications Now Open for Nearly $300 Million in Additional COVID-19 Emergency Assistance for Illinois Renters and Landlords
Building on Illinois’ COVID-19 support response for Illinois renters and landlords, the Illinois Housing Development Authority announced that applications are now open for the second round of the Illinois Rental Payment (ILRPP) program, which Governor Pritzker announced on October 27. The reopening of ILRPP will provide an additional $297 million to renters and landlords in an effort to prevent evictions and keep families safe and secure while they regain their financial footing.
CHFA Donates $554,500 to 38 Nonprofits with Second Round of 2021 Direct Effect Awards
Colorado Housing and Finance Authority (CHFA) is proud to announce its Round Two 2021 Direct Effect Award recipients. CHFA’s Direct Effect Awards recognize Colorado nonprofit organizations whose missions align with CHFA’s work to strengthen Colorado by investing in affordable housing and community development. The Direct Effect Awards are an integral part of this effort and serve as a reminder that immediate funding of community-based needs can make a direct and positive impact.
NCSHA Washington Report | December 3, 2021
The Treasury Department will soon announce the results of its first cut at right-sizing amounts of federal emergency rental assistance funds among the more than 450 state, county, local, and...
NCSHA and Industry Stakeholders Urge IRS and Treasury to Finalize Housing Credit Average Income Test Rule
Today, NCSHA and 31 other affordable housing stakeholder organizations sent a letter to the Internal Revenue Service (IRS) and U.S. Department of the Treasury (Treasury) urging them to expedite...
IRS Issues Guidance on Implementation of Housing Credit 4 Percent Minimum Rate
On December 1, the Internal Revenue Service (IRS) issued Revenue Ruling 2021-20 and Revenue Procedure 2021-43 providing guidance to address ambiguities related to the application of the Housing...
HUD Awards $41 Million in HOPWA Grants to Provide Housing to Low-Income Persons Living with HIV and Their Families
WASHINGTON - The U.S. Department of Housing and Urban Development’s (HUD) Office of HIV/AIDS Housing today announced it will award $41 million in Housing Opportunities for Persons With AIDS (HOPWA)...
Iowa Finance Authority Awards More Than $9 Million to Local Housing Trust Funds to Advance Housing Priorities
The Iowa Finance Authority Board of Directors today announced the award of a total of more than $9 million in grants to 27 Local Housing Trust Funds to support local housing initiatives. The grant awards are made available through the Local Housing Trust Fund program and are expected to assist more than 2,100 families. “The 2022 Local Housing Trust Fund awards represent the largest amount allocated through the program for local housing initiatives since the program’s inception,” said Iowa Finance Authority Executive Director Debi Durham.
Maryland Department of Housing and Community Development Announces $178.1 Million in Emergency Rental Assistance Funding Provided for Tenants and Landlords Affected By COVID-19 Pandemic
The Maryland Department of Housing and Community Development today announced the Emergency Rental Assistance Program has approved $178.1 million to assist nearly 28,000 renter households affected by the COVID-19 pandemic as of October 31. This effort exceeds the U.S. Treasury spending goals for the program, and ensures that remaining program funds will stay in Maryland and continue to help tenants and landlords in need.
New Hampshire Housing Names Robert Dapice as Executive Director/CEO
After an extensive national search, the New Hampshire Housing Board of Directors has named Robert (Rob) Dapice as Executive Director/CEO of the organization, as of January 1, 2022. Dapice will succeed Dean Christon, a well-respected and nationally recognized affordable housing advocate and leader who will retire December 31, 2021 after 34 years of service with New Hampshire Housing.
FHA Announces New Single Family Title II Forward and Home Equity Conversion Mortgage Loan Limits for 2022
WASHINGTON - The Federal Housing Administration (FHA) on Tuesday announced new loan limits for calendar year 2022 for its Single Family Title II forward and Home Equity Conversion (reverse) Mortgage...
MaineHousing Announces Old Orchard Beach Affordable Housing Ground Breaking for Milliken
The Szanton Company, a Portland-based housing developer, broke ground today on a major affordable housing development that will create an influx of new year-round housing for Old Orchard Beach residents who are 55 or older. The Milliken Heights development, at 38 Portland Avenue will add a 55-unit apartment building that includes 42 units for households earning below 60 percent of the area median income. The other 13 units will be rented at market rent.
MassHousing Closes on $9 Million in Financing for the Development of Phase I of the Woodland Cove Affordable Rental Housing Community in Wareham
MassHousing has closed on $9 million in financing to Dakota Partners, Inc., to support the development of Phase I of the Woodland Cove affordable rental housing community in Wareham. Dakota Partners is developing the eight-acre site in three phases and Phase I will involve the construction of 63 new rental homes, including seven workforce housing units. Overall, the three-phase development will result in 150 new apartments at Woodland Cove.
