General News

General News

CDFI Fund Announces CY 2023 NMTC Allocation Awards to 104 CDEs 

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $5 billion in New Markets Tax Credits that will spur investment and economic growth in low-income urban and rural communities nationwide.

HUD

HUD Releases 2025 Fair Market Rents 

HUD released fair market rents (FMR) for fiscal year 2025 on Aug. 14, 2024, with an effective date of Oct. 1, 2024.  

Ohio

Ohio Housing Finance Agency Board Approves Financing for Two Housing Developments 

The Ohio Housing Finance Agency (OHFA) Board approved financing from various programs to support two housing developments.

New York

New York State Association for Affordable Housing Calls for Nominations 

On Thursday, Nov. 7, 2024, NYSAFAH will host its Annual Awards for Excellence in Affordable Housing at The Yale Club in New York City.

Delaware

Delaware State Housing Authority Launces Incentives for Landlords 

The Delaware State Housing Authority has developed a Landlord Incentive Program to expand housing opportunities for voucher holders. 

Kentucky

Kentucky Housing Authority Share Phase II Findings of Housing Supply Gap Analysis 

By 2029, Kentucky will need 287,120 more housing units to serve its projected population needs, according to the Kentucky Housing Supply Gap Analysis Phase II results, announced in a webinar by Kentucky Housing Corporation (KHC) and Bowen National Research (Bowen). 

Missouri

Historic Tax Credit Changes in Three States Spurs Development 

Historic Tax Credit Changes in Three States Spurs Development 

Kansas

Kansas Housing Receives $8M to Expand Affordable Housing for Kansans with Disabilities 

The Department of Housing and Urban Development presented a check for $8 million on August 20 to Kansas Housing Resources Corporation (KHRC) to administer the state’s new Section 811 Project Rental Assistance (PRA) for Persons with Disabilities program.

California

California Awards Nine Homekey Projects to Create 533 New Permanent Supportive Homes 

California Governor Gavin Newsom announced $130.6 million in Homekey grant awards for nine new projects that will create 533 permanently supportive homes for Californians at risk of or experiencing homelessness.

General News

Build America Bureau Hosts Transit-Oriented Development Credit Underwriting Webinar 

The Build America Bureau Credit Programs Team will share information about the credit review process and considerations for potential transit-oriented development loans.

California

The California Department of Housing and Community Development Releases Prohousing Incentive Program – Notice of Funding Availability 

The California Department of Housing and Community Development (HCD) is pleased to release the Prohousing Incentive Program (PIP) Round 3 Notice of Funding Availability, Program Guidelines and application.

Oregon

Oregon Housing and Community Services to Receive $8M in Federal Funding for the Creation of 153 Affordable Homes for People with Disabilities 

Oregon Housing and Community Services (OHCS) has been awarded $8 million from HUD to create 153 affordable homes for people with low incomes living with disabilities.  

[Page 3 of 285 ]