News

Oregon Housing and Community Services (OHCS) issued RFP 914-4740-19, Contractor for OHCS Preservation “Designee” Process. In collaboration with the Preservation Program Manager leading this effort, this contractor would establish an application process and inventory of potential designee’s in collaboration with local governments. The contractor will be expected to implement a designee outreach strategy that should include current owners of participating properties or affordable housing developers, including those new to doing business in Oregon.

Oregon Housing and Community Services (OHCS) will hold a Housing Stability Council meeting on Friday, March. 1, 2019 from 9 am – 1 pm PT. Attendees can participate in person at OHCS (725 Summer St. NE, Salem, OR) in conference room 124 A/B or via phone: 1-877-273-4202; Participant Code: 4978330. The meeting materials packet is […]

The California Department of Housing and Community Development (HCD) is implementing a three-phase action plan to improve its loan closing processes which will focus on: Increased standardization of loan documents; increased transparency and predictability around application scoring; improved customer service through predictable, assigned contacts to assist post-award; increased efficiency through electronic signatures; and ongoing feedback.

The California Department of Housing and Community Development (HCD) released the final 2018 Community Development Block Grant (CDBG) Notice of Funding Availability (NOFA) FAQs. Applications must be received on Tuesday, Feb. 26 by 5 pm. If you have additional questions regarding the 2018 CDBG application, please submit questions to [email protected] through Monday, Feb. 25.

Florida Housing issued RFA 2019-109 “HOME Financing to be used for Rental Developments for Hurricane Michael Impacted Counties and in Rural Areas.” To apply for funding, interested parties must submit the application, the Principals of the Applicant and Developer(s) Disclosure Form and the Development Cost Pro Forma. The deadline to apply for funding is 3 […]

Boston Mayor Marty Walsh announced more than $26 million in new funding for housing from the Department of Neighborhood Development, the Neighborhood Housing Trust and the Community Preservation Fund. The funding will impact a total of 515 units, 459 new housing units will be created and 56 units will be preserved.

The California Housing Partnership annually assesses the historical loss and conversion risk of federally- and state-subsidized affordable rental properties. Its 2019 analysis found that between 1997 and 2018, California lost 15,044 affordable rental homes, one in four of which were financed with LIHTCs, and another 34,554 affordable rental homes are at risk of conversion.

On Thursday, Feb. 21, Vice President Mike Pence toured an opportunity zone in Columbia, South Carolina with Senator Tim Scott (R-SC). Vice President Pence delivered remarks at the Meeting Place Church which oversees a 23-acre, 215,000 square foot ministry complex which includes a full-service banquet and conference center, a renal care facility, professional counseling services, […]

This New York Time article explores some of the more than 80 Opportunity Zone Funds that have been set up so far. Some impact investors — whose aim is to make money while funding projects that bring about social or economic benefits — are targeting their funds toward areas in the Southeast and industrial Midwest. […]

In a speech at the National Association of Home Builders’ International Builders’ Show, Secretary Carson said, “we are looking into ways that would incentivize local officials to cut back on archaic state and local regulatory barriers, such as outmoded zoning and land use restrictions.” Politico’s Katy O’Donnell reports Sec. Carson said, “if we tell a […]

HUD announced the expansion a Federal Housing Administration (FHA) pilot program that streamlines FHA mortgage insurance applications for affordable housing developments that have equity from the sale of LIHTC Program to also include Section 221(d)(4) and Section 220 loan products.

The Campaign for Housing and Community Development Funding is leading a sign-on letter urging Congress to lift FY 2020 spending caps and fund affordable housing and transportation programs at the highest levels possible. NH&RA signed the letter and encourages our members to consider signing-on as well. The deadline to sign-on is March 1, 2019.