Jessica Hoefer Author Archives
Governor Newsom Signs Package to Streamline Housing and Expand Tenant Protections in California
Governor Gavin Newsom (D) announced that he signed 56 bills into law that incentivize and reduce barriers to housing and support the development of more affordable homes throughout California.
Louisianna Holds 2025 QAP Meeting – Oct. 11
The Louisianna Housing Corporation (LHC) will hold a pre-draft 2025 QAP discussion on October 31 from 9 a.m. to 12 p.m. CT. The meeting will be held at the LHC office at 2415 Quail Drive, Baton Rouge, LA 70808.
California Invests $736 Million to Fund Homekey Projects
Governor Gavin Newsom announced the first grant awards from round three of Homekey, the administration’s initiative to help jurisdictions rapidly expand the availability of permanent or interim housing for individuals and families experiencing or at risk of, homelessness.
Massachusetts Increases State LIHTC to $60 Million
Governor Maura Healey (D) signed budget legislation, which increases the annual cap for the Massachusetts’ State LIHTC edit from $40 to $60 million.
Delaware Housing Needs Assessment Estimates 50 Percent of Renters are Cost-Burdended
Delaware State Housing Authority released preliminary findings from the 2023 Housing Needs Assessment report compiled by Root Policy Research.
NH&RA Green Resources
NH&RA is proud to help our members transition to a clean economy by leveraging resources from the Inflation Reduction Act and the Infrastructure Investment and Jobs Act.
Marjorianna Willman to Serve as Louisiana Housing Corporation Interim Executive Director
Following the resignation of Executive Director Joshua Hollins, Marjorianna Willman has been elected by the Louisiana Housing Corporation Board of Directors to be the interim executive director.
Comments on Advisory Council on Historic Preservation’s Draft Housing Policy Statement Due Nov. 11
The Advisory Council on Historic Preservation is developing a policy statement on housing and historic preservation.
Pennsylvania Extends Nine Percent LIHTC Final Application Due Date to Jan. 11, 2024
The Pennsylvania Housing Finance Agency announced that it extended the final due date for the nine percent LIHTC application from Friday, Dec. 15, 2023 to Thursday, Jan. 11, 2024.
Merchants Capital Announces Securitization of Multifamily Housing Loans
Merchants Capital announced that it successfully completed a $303 million securitization of 11 multifamily housing loans for properties spanning eight states, with 81 percent of the loan balance made up of locations within Colorado, Florida, Indiana and New Jersey.
KeyBank Provides $31 Million of Financing for Affordable Housing in California
KeyBank Community Development Lending and Investment (CDLI) provided a $31.7 million construction loan and KeyBanc Capital Markets provided a floating-to-fixed interest rate swap for the development of Petaluma River Place in Petaluma, CA.
Standard Communities Acquires 6 Affordable Communities in LA County
Standard Communities led a public-private partnership that acquired six 100 percent affordable Section 8 communities in Los Angeles County.