CDFI Fund: $194 Million Awarded to Spur CDFI Investment in Distressed and Underserved Areas Across the Nation

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 252 Community Development Financial Institutions (CDFIs) $194.1 million in Financial Assistance (FA) awards today. The awards, through the fiscal year (FY) 2022 round of the Community Development Financial Institutions Program (CDFI Program) and the Native American […]

FHFA: Public Comment Period Announced for Federal Home Loan Bank Members’ Community Support Performance

The Federal Housing Finance Agency (FHFA) today announced that the Agency will review all applicable Federal Home Loan Bank (FHLBank) members in 2023 under FHFA’s community support program (CSP) regulation. FHFA is issuing a Federal Register Notice inviting the public to comment on the community support performance of individual members […]

HUD: $3.16 Billion Awarded for Critical Investments in Nation’s Public Housing

Funding will allow housing authorities to modernize public housing for families, individuals, seniors Today, the U.S. Department of Housing and Urban Development awarded $3.16 billion in funding to nearly 2,770 public housing authorities (PHAs) in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and the […]

HUD: Local Goverments Invited to Request Thriving Communities Technical Assistance to Align Housing and Infrastructure Investments

Today, the U.S. Department of Housing and Urban Development (HUD) opened the portal for local governments to request technical assistance for its Thriving Communities technical assistance program. This funding will help local governments ensure housing needs are considered as part of their larger infrastructure investment plans, with a focus on […]

FHFA: Input Requested on Enterprise Single-Family Social Bond Program

Agency will also host public listening session Today, the Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) on Fannie Mae and Freddie Mac’s (together, the Enterprises) social bond policy. On March 28, 2023, FHFA will also host a public listening session​ to allow for additional input. Currently, each […]

HUD: Nearly $315 Million Awarded in Historic Grants to Address Unsheltered and Rural Homelessness

The first of its kind package of grants and vouchers follows progress of 100,000 people and families housed and 40,000 housing units added to development pipeline by House America communities oday, the U.S. Department of Housing and Urban Development (HUD) is announcing the first set of communities to receive grants […]

HUD: New Resources Announced for Advancing Housing Protections for Survivors of Domestic Violence, Dating Violence, Sexual Assault and Stalking

New Website, Technical Assistance and Enforcement Guidance Strengthen Protections for Survivors Applying for and Living in HUD-Assisted Properties Today, the U.S. Department of Housing and Urban Development (HUD) announced new resources to advance housing protections for survivors of domestic violence, dating violence, sexual assault, and stalking under the Violence Against […]

HUD: Rental Assistance Demontration Transaction Closed in South San Francisco, CA to Preserve 40 Affordable Rental Homes for Seniors

Transaction supports significant renovation of rental homes at multifamily property with a HUD project-based rental assistance contract. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing announced today that it recently closed a Rental Assistance Demonstration (RAD) transaction with Bridge Housing, a non-profit housing provider, to support […]

HUD: Loan Guarantee Announced for Laredo, TX Affordable Housing Rehabilitation Project

Today, the U.S. Department of Housing and Urban Development (HUD) announced a $4.1 million loan guarantee to the City of Laredo, Texas. The loan guarantee, offered through the Section 108 Loan Guarantee Program (Section 108), will be used to finance the Southern Hotel Affordable Housing Rehabilitation Project. The project will […]

HUD: $15 Million Loan Guarantee Announced for Cleveland, OH Affordable Housing Rehabilitation Project

Today, the U.S. Department of Housing and Urban Development (HUD) announced a $15 million loan guarantee to the City of Cleveland, Ohio. The loan guarantee, offered through the Section 108 Loan Guarantee Program (Section 108), will be used to finance the construction of the Centennial Project in downtown Cleveland. Cleveland […]