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New Mexico Mortgage Finance Authority Board of Directors Approves Over $72 Million in Low-Income Housing Tax Credits and $10.6 Million in Funding Awards to Several Housing Developments
https://www.ncsha.org/wp-content/uploads/2018/04/New-Mexico-Mortgage-Finance-Authority.png ALBUQUERQUE, N.M. – The New Mexico Mortgage Finance Authority (MFA) Board of Directors approved over $72 million in Low-Income Housing Tax Credits (LIHTC) to six housing developments – including over $1 million in supplemental LIHTC to The Bluffs Senior Apartments – as well as $10.6 million in loans to three of those developments at its…
Iowa Finance Authority Names Housing Fund for Linn County as Winner of Innovation in Homelessness Pitch Competition
https://www.ncsha.org/wp-content/uploads/2018/04/Iowa-Finance-Authority-PNG.png DES MOINES — The Iowa Finance Authority (IFA) has announced that the Housing Fund for Linn County has won its inaugural Innovation in Homelessness Pitch Competition. The competition took place at the HousingIowa Conference in Des Moines last week. “The Innovation in Homelessness Incubator aims to transform homelessness prevention and response systems and rethink…
Pritzker Administration Provides Nearly $300 Million in Emergency Mortgage Assistance
https://www.ncsha.org/wp-content/uploads/2018/04/Illinois-Housing-Development-Authority-2.png Illinois is a national leader in helping homeowners experiencing financial hardships due to pandemic CHICAGO – Today, Governor JB Pritzker and the Illinois Housing Development Authority (IHDA) released the “Illinois Homeowner Assistance Fund Final Report,” highlighting the distribution of $298.6 million in emergency mortgage assistance that helped 16,845 households avoid foreclosure across the state….
MassHousing Closes on $5.5 Million in Financing to Create Affordable and Workforce Housing at 181 Chestnut Street in Chelsea
https://www.ncsha.org/wp-content/uploads/2018/04/MassHousing.png The non-profit The Neighborhood Developers, Inc., acquired the 32-unit property, which formerly had unrestricted rents, and created long-term affordability across a range of incomes BOSTON – March 15, 2021 – MassHousing has closed on a total of $5.5 million in affordable and workforce housing financing to the non-profit The Neighborhood Developers, Inc. (TND), to transform a formerly market-rate rental property at 181 Chestnut Street in Chelsea into…
DSHA Announces Preliminary Low-Income Housing Tax Credit Allocation
https://www.ncsha.org/wp-content/uploads/2018/04/HFA-Logo-Deleware.png Approximately $3 Million To Build and Restore Affordable Rental Housing in Delaware Dover, Del. July 12, 2023 – The Delaware State Housing Authority (DSHA) announced its preliminary project award rankings for the 2023 Low-Income Housing Tax Credit (LIHTC) allocation last week. The LIHTC was created in 1986 to encourage private/public investment to preserve and…