Archives For: affordable housing
M&T Bank Commits $1.2 Million to Community Revitalization Programs in Pennsylvania
M&T Bank will provide more than $1.2 million to 42 initiatives aimed at servicing distressed communities or low-income neighborhoods in Pennsylvania.
22 Nov 2022
Wake County Board Approves $35 Million for Affordable Housing
The Wake County, NC board unanimously voted to appropriate $35 million from the county’s existing American Rescue Act Plan to address housing instability.
21 Nov 2022
Intend Indiana Unveil New Homes as Part of HomePower Initiative
Intend Indiana is trying to bring new life to Martindale-Brightwood neighborhoods through its affordable housing HomePower initiative.
17 Nov 2022
$1 Million in Federal Relief to Fund Clark County Affordable Housing
An affordable housing project geared toward first-time homebuyers in Clark County is getting a kickstart from the American Rescue Plan Act funding.
14 Nov 2022
Spokane Housing Crisis: Land Bank Forms to Open Up More Properties for Low-Income Housing
Spokane’s first land bank has launched with promises to free up more land for affordable housing across the city.
12 Aug 2022
New FHA Head Details Plans for More Affordable Housing and Foreclosure Prevention
Newly elected FHA commissioner Julia Gordon is on a mission to help people access and retain affordable housing.
28 Jun 2022
St. Petersburg is Transforming Vacant Lots into Affordable Housing
By dealing aggressively with the owners of dilapidated homes and vacant lots, St. Petersburg has improved its housing stock — and is transforming some vacant lots into affordable housing in the process.
7 Apr 2022
FHFA Announces More than $1.1 Billion for Affordable Housing Programs
FHFA Acting Director Sandra L. Thompson announced that the Housing Trust Fund and Capital Magnet Fund will receive a total of $1.138 billion for affordable housing initiatives from Fannie Mae and Freddie Mac (the Enterprises).
28 Feb 2022
Freddie Mac Sets LIHTC Equity Record with $675 Million in Affordable Housing Investments
Freddie Mac has closed a record $675 million in LIHTC equity investments in 2021, funding over 4800 affordable units in diverse US Markets.
8 Feb 2022
NJ Bill would Turn Foreclosed Homes into Affordable Housing
To ensure that housing nonprofits purchasing foreclosed homes commit to transforming them into affordable housing, NJ lawmakers amended a foreclosure bill.
4 Feb 2022