News
Rural Development Section 515
The USDA’s Section 515 loan program for affordable multifamily housing has been instrumental in preserving and revitalizing rural properties.
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 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 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.
FHLBank Chicago LIHTC Financing
The Federal Home Loan Bank of Chicago (FHLBank Chicago) has launched the LIHTC Collateral Pilot program, providing $300 million in financing to support LIHTC multifamily housing projects.
Amazon Housing Equity Fund
Amazon has reopened the application portal for its Housing Equity Fund, offering $1.4 billion to create or preserve 14,000 affordable units in Washington’s Puget Sound, Arlington, VA and Nashville, TN.
Opportunity for Developers to Capitalize on Interest Rate Uncertainty
Recent changes to the Federal Housing Administration (FHA)-Housing Finance Agency (HFA) Risk-Sharing program, part of the Biden-Harris administration’s broader affordable housing initiatives, are aimed at increasing the construction of affordable multifamily housing.
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).
White House Announces New Appointments to the CDFI Fund’s Advisory Board
The White House announced new appointments by President Biden to the Community Development Advisory Board (the Advisory Board), a 15-person federal advisory committee to the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund).
HUD Announces Closeout Deadline for 2015 HOME Grants – Sept. 30, 2024
HOME Investment Partnerships Program (HOME) grants are subject to the grant closeout requirements at 2 CFR 200.344, which require all grants to be closed out within one year of the end of the grant’s period of performance.
Novogradac Announces New LIHTC Equity Page Providing More Detailed Pricing Data
Novogradac announced it is providing an additional benefit for LIHTC stakeholders. In addition to Novogradac’s LIHTC equity pricing page, which provides a nationwide average of equity price per credit, a new page, available upon request, offers data for regions and some states.
HUD Publishes Notice Establishing DDAs, QCTs for 2025
The U.S. Department of Housing and Urban Development published a notice in the Federal Register establishing 2025 difficult development areas (DDAs) and qualified census tracts (QCTs) for LIHTCs.