The non-profit The Neighborhood Developers, Inc., is developing 62 new homes, including 56 mixed-income rental apartments and six homeownership units, in a new, midrise building near Bellingham Square BOSTON –August 25, 2022 – MassHousing has closed on a total of $10.4 million in affordable and workforce housing financing to the non-profit The Neighborhood Developers, Inc. (TND). The MassHousing financing will allow The Neighborhood Developers to transform […]Read More… from MassHousing Closes on $10.4 Million in Financing to Create New Affordable and Workforce Housing at 25 Sixth Street in Chelsea
https://www.ncsha.org/wp-content/uploads/2018/04/Florida-Housing-Finance-Corporation-3.png [Tallahassee, FL] – Last week, the Florida Housing Finance Corporation Board of Directors approved more than $54.7 million in housing tax credits to developers of 22 affordable housing properties across the state. Low Income Housing Tax Credits provide developers with a dollar-for-dollar reduction in federal tax liability in exchange for the development of affordable…
https://www.ncsha.org/wp-content/uploads/MaineHousing-.Logo_.png Combined, the 17 initiatives will help more than 500 people AUGUSTA — MaineHousing is pleased to announce it has awarded more than $16.3 million in state grant funding for 17 different housing and shelter projects across the state. In total, these initiatives will support housing and shelter for more than 500 people in Maine who…
https://www.ncsha.org/wp-content/uploads/2018/04/Ohio-Housing-Finance-Agency.png COLUMBUS, Ohio) Last Wednesday, the Ohio Housing Finance Agency (OHFA) Board approved financing from various programs for seven housing developments to create or preserve affordable housing units throughout the state. Developments that received Board approval for funding are: CENTRAL Hebron Senior Apartments: National Church Residences received approval for a $1.75 million Housing Development Loan….
https://www.ncsha.org/wp-content/uploads/2018/04/Louisiana-Housing-Corporation.jpg Baton Rouge, LA —Today, The Louisiana Housing Corporation (LHC) celebrated the groundbreaking of The Reserve at Joor Place in East Baton Rouge Parish. 360 units designed to be multifamily housing, designated at 30%, 60%, and 70% of the Area Median Income. The residential buildings will include three-story walkable buildings with hardiplank and brick exterior,…
https://www.ncsha.org/wp-content/uploads/2018/04/South-Dakota-Housing-Development-Authority-2.png PIERRE, S.D. – On Jan. 23, South Dakota Housing for the Homeless Consortium (SDHHC), an affiliate of South Dakota Housing, conducted its annual statewide Point-in-Time (PIT) homeless count and Housing Inventory Count (HIC). The count was conducted within a 24-hour period and includes everybody staying in public and private shelters, including domestic violence shelters,…
https://www.ncsha.org/wp-content/uploads/2017/03/Alabama-Housing-Finance-Authority.png MONTGOMERY, Ala. – The Alabama Housing Finance Authority’s federally funded Emergency Rental Assistance (ERA) Alabama program has committed more than $173 million to 39,000 of the state’s lower-income households to date. Due to its success, the program will begin to wind down in Alabama, as is happening in many other states, and must stop…
