Florida Releases RFA Documents and Schedules Workshop

The Florida Housing Finance Corporation (FHFC) recently released a draft Request for Applications (RFA) 2024-102 SAIL Financing for Smaller Permanent Supportive Housing Developments for Persons with Special Needs to their website, including and a draft of the excel Exhibit A. This RFA is open to nonprofit applicants proposing new construction or substantial rehabilitation, with or without acquisition, to create new housing to provide Permanent Supportive Housing for Persons with special needs as defined in Section 420.0004(13), Florida statutes. These persons may live in residential facilities, homeless or living in the community but lack affordable and permanent rental housing that provides assistance with housing stability and coordinated access to appropriate community-based healthcare and supportive services.

FHFC also released an RFA 2023-213 SAIL Funding for Live Local Mixed Income, Mixed-Use, And Urban Infill Developments to their website.

Finally, FHFC will host aconceptual workshop regarding RFA 2024-214 (Live Local Act Funding for Redevelopment of Properties) on December 5 at 2:00 p.m. ET. The agency will hold the workshop in person at 227 N. Bronough Street, Suite 5000 Tallahassee, FL 32301 and via webinar.

HUD Releases HOME Monthly Reports

HUD has announced that the latest HOME Monthly Reports, as of November 30, 2024, are now available. Why it matters: These reports are crucial for Participating Jurisdictions (PJs) to effectively track and manage their housing initiatives. Details: The bottom line: These reports empower PJs to optimize their housing strategies, ensuring effective use of resources and […]

Ginnie Mae’s FY24 Annual Financial Report

Ginnie Mae has released its Fiscal Year 2024 (FY24) Annual Financial Report, and the numbers and initiatives are making an impact. Here are a few key takeaways:

Workforce Housing Debt Financing Updates

The northeast regional affordable housing community had the opportunity to receive an update on agency executions for workforce housing from PGIM’s Michael Lostocco at the NH&RA Fall Developers Forum. Fannie Mae and Freddie Mac have developed voluntary programs aimed at addressing housing affordability, particularly for middle-income renters.

FHFA Unveils Enterprises’ Three-Year Plans to Improve Housing Opportunities for the Underserved

Fannie Mae and Freddie Mac (the Enterprises) will seek to extend housing access in rural underserved markets, enhance their support for manufactured housing and continue addressing liquidity needs for first-time homebuyers, among a host of activities outlined in plans published by the Federal Housing Finance Agency (FHFA).