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NCSHA Washington Report | March 22, 2024

Housing finance agencies have always acted as ā€œgap fillersā€: providers of the necessary capital to fund the difference between what it costs ā€” under current conditions ā€” to buy or build...

Hollygrove Community Receives Affordable Housing Development Funded by LHC and Partners

The Louisiana Housing Corporation (LHC) joined New Orleans Restoration Properties, The City of New Orleans, HRI Architecture, CDW Services, and more for the grand opening of Grove Place.Ā 

Georgia Adds Four Resources to National Register of Historic Places

Georgia added four new listings to the National Register of Historic Places, continuing to highlight the diversity and breadth of the stateā€™s historic heritage.

HAF Program Helped a Half Million Homeowners Through 2023, Treasury Reports

The Homeowner Assistance Fund (HAF) assisted more than 500,000 homeowners through 2023, the U.S. Department of the Treasury announced earlier this week. Treasuryā€™s announcement coincided with the release of HAF program data through the fourth quarter of 2023. The agency also published a blog post highlighting how state and tribal HAF programs have applied lessons from the Hardest Hit Fund program when implementing HAF.

Pritzker Administration Provides Nearly $300 Million in Emergency Mortgage Assistance

Today, Governor JB Pritzker and the Illinois Housing Development Authority (IHDA) released the ā€œIllinois Homeowner Assistance Fund Final Report,ā€ highlighting the distribution of $298.6 million in emergency mortgage assistance that helped 16,845 households avoid foreclosure across the state.

MassHousing Is Providing $19.2 Million in Financing for 62 New Affordable and Workforce Rental Homes on Cape Cod

MassHousing is providing $19.2 million in affordable and workforce housing financing to Pennrose, LLC for the redevelopment of Cape Cod Five Bankā€™s former operations center in Orleans into 62 new affordable rental homes for residents with a range of incomes.Ā 

MassHousing Has Awarded $220,000 for Affordable Sober Housing and Supportive Services in Massachusetts

MassHousing has awarded $220,000 in grant funding to help preserve 28 affordable sober housing units and provide supportive services to 385 men, women and families impacted by substance use disorder.ā€Æā€Æā€ÆĀ 

Governor Hochul Awards $260 Million in Funding to Build and Preserve More Than 1,800 Homes Across New York

Governor Kathy Hochul today announced over $260 million has been awarded through tax credits and subsidies to create or preserve 1,852 affordable, supportive, and sustainable homes in 29 developments across New York State.

New Mexico Mortgage Finance Authority Unveils Its 2023 Top Metro and Rural Mortgage Lenders Who Are Fueling Affordable Housing

The New Mexico Mortgage Finance Authority (MFA) announced its 2023 Top Mortgage Lender Award recipients as part of its annual lender recognition program.

New Treasury Department Data Show Homeowner Assistance Fund Kept More Than 500,000 Families In Their Homes

Alongside data, Treasury Department releasesĀ new blog postĀ detailing how the Biden-Harris Administration learned lessons from the 2007-2008 financial crisis to build an effective and lasting...

Registration Is Now Open for PHFAā€™s May Statewide Housing Conference

The Pennsylvania Housing Finance Agencyā€™s Housing Forum planned for early May includes two exceptional keynote speakers, 23 educational sessions, a bus tour of a new, local tiny house village, and plenty of networking opportunities.

Virginia Housing Names Tammy Neale CEO

Virginia Housing today announced that Tammy Neale has been named Chief Executive Officer, effective April 1, 2024. Neale is a longtime executive at Virginia Housing with 39 years of service.