Tag: Affordable Housing
Building Affordable Housing for Families in the Bronx
New Destiny Housing Corporation, a non-profit developer of affordable housing for families, has started construction on its newest mixed income housing project – The Jennings, located on Jennings Street in the Crotona Park East section of the Bronx. The Jennings will be an eight-story building with 42 apartments affordable for low-income households from the community with 23 apartments reserved for families coming from New York City domestic violence shelters. Project completion is expected in spring 2019.
Minnesota Homeownership Center Secures More Than $1mm to Support Local Housing Counseling in Minnesota
The Minnesota Homeownership Center was awarded $730K in grants from the United States Department of Housing and Urban Development (HUD). This funding supports housing counseling services at the Center’s 22 sub-grantees across the state. Each agency will receive between $9,000 and $50,000 to serve low- and moderate-income households and households that have traditionally faced barriers to homeownership
Minnesota Homeownership Center Secures More Than $1mm to Support Local Housing Counseling in Minnesota
The Minnesota Homeownership Center was awarded $730K in grants from the United States Department of Housing and Urban Development (HUD). This funding supports housing counseling services at the Center’s 22 sub-grantees across the state. Each agency will receive between $9,000 and $50,000 to serve low- and moderate-income households and households that have traditionally faced barriers to homeownership
Mayor Bowser to Celebrate Historic Investments in Affordable Housing
On Friday, Mayor Bowser will join District leaders to celebrate a promise fulfilled: the unprecedented expenditure of $100 million from the Housing Production Trust Fund. The $100 million investment is supporting 19 projects that will create or preserve more than 1,200 affordable housing units. Since coming into office, Mayor Bowser has committed $100 million annually to the fund – more than any city per capita in the country.
Luetkemeyer, Subcommittee Convene Hearing on Comparison of U.K., U.S. Models for Affordable Housing
U.S. Rep. Blaine Luetkemeyer (MO-03) issued the following statement upon conclusion of the Housing and Insurance Subcommittee titled “The Future of Housing in America: A Comparison of the United Kingdom and United States Models for Affordable Housing.”
Assembly Legislation Protects Affordable Housing
Assembly Speaker Carl Heastie and the Chair of the Committee on Aging Steven Cymbrowitz announced the passage of several measures to strengthen the Senior Citizen Rent Increase Exemption (SCRIE) and Disability Rent Increase Exemption (DRIE) programs th...
Council Roundup: Actions aim to boost affordable housing
The council adopted a multifamily tax exemption ordinance to encourage developers to include affordable rental units in their projects, and they approved a comprehensive plan amendment to help St. Luke's Lutheran Church build affordable apartments on ...
FHLB Boston Affordable Housing Program Training
The Federal Home Loan Bank of Boston is offering an Affordable Housing Program application training session at the Omni Mount Washington Hotel in Bretton Woods, New Hampshire. The training is offered for housing partners, developers, members, and other...
Christie Administration Awards Loan to Help Create Affordable Housing in Sandy-Impacted County
As part of the Christie Administration’s ongoing efforts to revitalize the nine counties most impacted by Superstorm Sandy, New Jersey Department of Community Affairs (DCA) Acting Commissioner Charles Richman and New Jersey Redevelopment Authority (N...
Governor Rauner Outlines Plan for Transformation at Annual Affordable Housing Conference
Governor Bruce Rauner spoke today at the Illinois Governor’s Conference on Affordable Housing where he discussed the need to build a new Illinois and issued a call to action for smarter financial strategies that invest in the future of the state. Ad...
Metro Approves Mayor Garcetti’s Directive on Affordable Housing & Small Business
The Metro Board today approved Mayor and Metro Chair Eric Garcetti’s motion to launch a multi-million dollar transit-oriented affordable housing and business development fund.
House Advances Fincher Bill to Protect Affordable Housing
Congressman Stephen Fincher (TN-08) released the following statement after the House Financial Services Committee passed the Preserving Access to Manufactured Housing Act of 2015 (H.R. 650), important legislation to protect affordable housing:
Udall, Heinrich Announce $833,700 Grant to Improve N.M. Affordable Housing Options
U.S. Senators Tom Udall and Martin Heinrich announced that NeighborWorks America will award three New Mexico nonprofit affordable housing organizations with a total of $833,700 in grants funded through last December's "omnibus" appropriations bill to f...
State of Ohio Receives $11.9 Million Grant to Expand Affordable Housing Options to Ohioans...
In an effort to provide more affordable housing choices and prevent Ohioans with disabilities from being institutionalized or facing homelessness, the Department of Housing and Urban Development (HUD) awarded the Ohio Housing Finance Agency (OHFA) $11....
Congressman Andrews Announces $3.2M to Create Jobs and Preserve Affordable Housing in Pennsauken
Camden, NJ - January 24, 2014 - (RealEstateRama) -- Last Wednesday, Congressman Andrews announced a $3.2 million grant from the Federal Home Loan Bank of New York (FHLB). According to the FHLB, the grant will create between 75 to 100 constructions job...
Arlington County Adopts Innovative Tools to Increase Affordable Housing on Columbia Pike
ARLINGTON, Va. - November 18, 2013 - (RealEstateRama) -- The Arlington County Board today adopted several new Planning and Zoning tools that could add 9,500 new homes along Columbia Pike over the next 30 years, and will help the County reach the Columb...
State Invests Federal Tax Credits to Boost Affordable Housing Construction
CHICAGO - October 23, 2012 - (RealEstateRama) -- Nearly 700 affordable rental apartments will be built across Illinois, increasing housing opportunities for working families, seniors and people with special needs and disabilities, thanks to the allocat...
The Chicago Community Trust Awards $231,000 in Grants for Affordable Housing
CHICAGO, IL - October 8, 2012 - (RealEstateRama) -- The Chicago area’s largest regional grant maker, The Chicago Community Trust, today announced $231,000 in grants to advance affordable rental housing.
Preservation Housing Management adds Business Development Director
Boston. MA - July 25, 2012 - (RealEstateRama) -- Preservation Housing Management, LLC (PHM) the property management company of nonprofit Preservation of Affordable Housing (POAH) has named Kevin Baptista Director of Business Development.
Mayor Vincent C. Gray Focusing Resources on Affordable Housing
WASHINGTON, DC - February 23, 2012 - (RealEstateRama) -- Mayor Vincent C. Gray today announced the re- formation and leadership of a task force that will help him shape a comprehensive housing strategy for the District of Columbia.
Mayor Vincent C. Gray Focusing Resources on Affordable Housing
WASHINGTON, D.C. - February 22, 2012 - (RealEstateRama) -- WHAT/WHO: Mayor Vincent C. Gray, Congresswoman Eleanor Holmes Norton, Council Chair Kwame R. Brown, Ward 7 Councilmember Yvette Alexander and other government officials will break ground on The...
Philadelphia’s Ascension Manor Celebrates Grand Reopening
Marlton, NJ - October 17, 2011 - (RealEstateRama) -- The Ukrainian Catholic Archdiocese of Philadelphia, along with its development partner, The Michaels Organization, today hosted a grand reopening and dedication ceremony of the newly revitalized Asce...
Meridian MS Celebrates Grand Reopening of Affordable Housing
Meridian, MS - October 5, 2011 - (RealEstateRama) -- The City of Meridian celebrated in grand style today—including a parade led by Mayor Cheri Barry—to mark the grand reopening of Frank Berry Courts, an outdated and obsolete public housing complex...
Castor, St. Petersburg Leaders Break Ground on New Home
Washington, DC - April 20, 2010 - (RealEstateRama) -- Congresswoman Kathy Castor, Mayor Bill Foster and community leaders marked the groundbreaking today of new housing in the city of St. Petersburg under the Neighborhood Stabilization Program. Neighborhood Stabilization initiative funds will provide safe and clean affordable housing for Tampa Bay area residents.
MassHousing Executive Director Thomas R. Gleason Testifies Before House Committee on Financial Services on...
BOSTON, MA - April 14, 2010 - (RealEstateRama) -- MassHousing Executive Director Thomas R. Gleason testified before the House Committee on Financial Services in Washington, D.C., today, advocating for reform of Fannie Mae, Freddie Mac, and other socalled GSEs, and urging Congress to make sure future GSEs commit themselves to supporting affordable housing
Housing Initiative Fund Report Details County’s Commitment to Increasing Supply of Affordable Housing
March 25, 2010 - (RealEstateRama) -- Despite the economic turmoil of the past two years, the newly released Housing Initiative Fund Fiscal Year 2008 and 2009 Report illustrates that the County’s commitment to increasing the stock of affordable housing in Montgomery County has resulted in an increase in funding over the past two years and an addition to the inventory of affordable housing units in the county
Bond: Organizations like NeighborWorks Key to Helping Families Find Affordable Housing, Avoid Foreclosure
WASHINGTON, DC. - March 23, 2010 - (RealEstateRama) -- U.S. Senator Kit Bond (R-MO) today addressed Missouri and national advocates for better neighborhoods and moderate- and low-income housing at the National NeighborWorks Association’s (NNA) Annual Legislative Day. During the event, Bond stressed the importance of the work done by organizations like NeighborWorks, particularly during the housing crisis, to help families find affordable housing and save their homes from foreclosure through services like counseling.
Montgomery Housing Partnership To Celebrate 20 Years of Providing Affordable Housing in Montgomery County
Non Profit Developer will Honor David Reznick with Community Leadership Award March 18. Silver Spring, MD - March 16, 2010 - (RealEstateRama) -- David Reznick, Principal and Chairman of Reznick Group, will be honored next week by Montgomery Housing Partnership with its first Community Leadership Award. He will receive the award at MHP’s 20th Anniversary Dinner on March 18, at the Bolger Center in Potomac, Maryland.
MassHousing Executive Director Thomas R. Gleason Receives National Award for Preserving Affordable Housing for...
BOSTON, MA - March 16, 2010 - (RealEstateRama) -- MassHousing Executive Director Thomas R. Gleason was recently presented with the 2010 Friend of the Elderly Award by the California-based Retirement Housing Foundation for his longstanding efforts to preserve affordable housing for the elderly, economically disadvantaged families and people with disabilities.
Iowa Finance Authority Awards $100,000 from State Housing Trust Fund to Benefit Affordable Housing...
Des Moines, IA - March 5, 2010 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors recently approved two grants for a total of $100,000 to support affordable homeownership in Council Bluffs and Oakville. The funding is made available through the State Housing Trust Fund’s Project-Based Program. The program provides financing for the development of affordable single-family and multifamily housing units.
