MaineHousing Names Janotta Chief Counsel

https://www.ncsha.org/wp-content/uploads/2018/04/MassHousing.png Council of Elders Housing Corporation will also complete approximately $2 million in property improvements      BOSTON – December 7, 2021 – MassHousing has closed on $28.8 million in affordable housing financing […]Read More…

https://www.ncsha.org/wp-content/uploads/2018/05/New-York-State-Homes-and-Community-Renewal.png All-Electric Asteri Ithaca Includes 181 Affordable and Supportive Homes, State-of-the-Art Ithaca Downtown Conference Center Photos Available Here Governor Kathy Hochul today announced completion of the new $96 million Asteri Ithaca, an affordable housing development and conference center in downtown Ithaca.  Developed by the Vecino Group, the 12-story high-rise is a highly energy-efficient, all-electric building that includes 181 apartments, including 40 with on-site…

https://www.ncsha.org/wp-content/uploads/2018/04/MassHousing.png Dakota Partners, Inc. is developing Woodland Cove and Phase 3 will feature 24 new apartment homes, including 18 workforce housing units        BOSTON – March 21, 2022 – MassHousing has closed […]Read More… from MassHousing Closes on $6.5 Million in Financing for the Development of Phase 3 of the Woodland Cove Affordable Rental Housing Community…

August 02, 2021

Meet Yasmin Nearor of East Brewton:

Yasmin Nearor was selected to receive a 2020 resident scholarship award from the Alabama Affordable Housing Association (AAHA).

Education:

Nearor is a 2019 graduate of W.S. Neal High School currently attending the University of Montevallo. She is now in her second year of college, pursing a bachelor’s degree in theater with minor studies in business. “I’m a first generation college student,” wrote Nearor in her scholarship application. “It’s definitely a challenge venturing into the unknown.”

Career Goals:

“Ultimately, I plan to create my own film studio and produce major entertainment in the film industry,” she said. 

Impact of Scholarship:

“I live in a low-income household,” said Nearor. “My father is not active in my life. I need financial help to pursue my dream of getting a higher education and making a difference in the world today. Despite my situation, I’m inspired by my mother who would do anything to ensure my attendance in college. The AAHA scholarship would be eliminating my financial worries, which would allow me to focus on my education and path to success.”

Living in Affordable Housing:

“All my life I have been the dependent of a single mother, who was just trying to shelter, clothe, and feed her children. I don’t know what it’s like to support four children, but I imagine it’s a tremendous job to fill on one’s own,” said Nearor. “I know from my experiences that affordable housing has been a marvelous aid to my family. In addition, affordable housing also gave me the opportunity to stay young instead of growing up too fast and getting a job while juggling school. Alternatively, I was able to get involved in my school and community.” 

In 2000, the Alabama Affordable Housing Association (AAHA) created an education scholarship program for residents of member-owned apartment properties in Alabama. The scholarship funds are donated by the owners, contractors, architects, accountants, property management companies, investors, lenders, developers, and various vendors that make up AAHA’s membership as well as other non-member individuals. Since its inception, the AAHA resident scholarship fund has awarded more than $750,000 in college and vocational scholarships.

For more information about the resident scholarship program, please contact Arrice Faught, AAHA’s executive director, at [email protected] or 205.758.1158.  

https://www.ncsha.org/wp-content/uploads/2018/04/Indiana-Housing-and-Community-Development-Authority-2.png Indianapolis (Sept. 14, 2022)  – Lt. Gov. Suzanne Crouch and the Indiana Housing and Community Development Authority (IHCDA) announced that $950,000 was awarded to four Indiana non-profit organizations to administer the Indiana Housing First Program. The organizations will provide tenant-based rental assistance and supportive services to individuals and households with a serious mental illness…

Tia Boatman Patterson
The California Housing Finance Agency announced Friday former executive director Tia Boatman Patterson will join the White House Office of Management and Budget as the associate director for housing, treasury and commerce in the new administration.
Boatman Patterson began serving on the CalHFA’s board of directors in 2012 and was appointed as Executive Director just two years later by then-Gov. Jerry Brown. According to a statement from CalHFA, Boatman Patterson would go on to lead CalHFA through its most successful period in its 46-year history following her appointment.
During her tenure, Boatman Patterson oversaw the expansion of CalHFA from less than $100 million in lending the year before she took over, to nearly $5 billion last fiscal year.
She also established CalHFA’s downpayment assistance program which offers a deferred-payment junior loan to first-time homebuyers, and the mixed-income program that provides construction financing on multifamily housing projects for a range of incomes.
Other efforts included a special needs housing program that allowed counties to continue financing housing for individuals with serious mental illness experiencing homelessness after the state’s Mental Health Services Act housing program ended in 2016.
At CalHFA, Boatman Patterson also worked with Apple to establish a California Bond Recycling program that saw Apple supplying a credit facility alongside a $2.5 billion commitment to combat California’s housing crisis.
The former director was reappointed last year by Gov. Gavin Newsom, for whom she also served for a year as a senior housing advisor.
“Tia’s tenacity, her leadership ability to build successful collaborative relationships and innovative ideas have turned CalHFA into a model for all other housing finance agencies in the country,” said Michael Gunning, acting chairperson of the CalHFA board of directors.
Boatman Patterson’s appointment arrives on the heels of a bold campaign platform Biden took in addressing America’s housing crisis.
The President’s Feb. 2020 housing plan detailed opportunities for every American to have access to housing that is affordable, stable, safe and healthy, accessible, energy efficient and resilient and located “near good schools” with a “reasonable commute to their jobs.”
To do so, Biden’s plan would invest $640 billion over 10 years, with a $100 billion Affordable Housing Fund to construct and upgrade affordable housing. Still, a collection of affordable housing groups have expressed some wariness over the American Rescue Plan’s affect on affordable housing.
Under the new administration, Biden has also brought back key CFPB players, appointed Marcia Fudge as HUD secretary and Jenn Jones as its new chief of staff (and then called the organization out to address racial equality), announced plans to release aid to Puerto Rico and extended the foreclosure moratorium.
There’s also that $15,000 tax credit proposal the industry is still keeping its eye on.
 “Our loss is the country’s gain, and I’m sure the Office of Management and Budget will benefit greatly from her deep passion and deep knowledge of housing,” said Lourdes Castro Ramírez, secretary of the Business, Consumer Services and Housing Agency, which oversees CalHFA.
Newsom has named CalHFA’s Don Cavier as acting executive director until a permanent replacement is appointed. Cavier has served as the organization’s chief deputy director under Boatman Patterson since 2015.
The post CalHFA’s former director to join Biden administration appeared first on HousingWire.