The President’s proposed FY-2017 budget shows support for several of the key tax credit, HUD, and rural development programs that spur the development of affordable housing by private developers.
Section 9-23 of the new Section 8 Renewal Policy Guide provided instructions for comparing the median rents as derived by the appraiser in a RCS with Census Bureau estimates of the median rents in the project’s zip code. HUD has recently published the new median zip code rents and the 140 percent thresholds.
CDFIs and qualified non-profits can use Capital Magnet Fund awards to create financing tools such as loan loss reserves, revolving loan funds, risk-sharing loans, and loan guarantees.
Massachusetts Governor Charlie Baker announced the the launch of a new initiative and $15 million in funding for energy efficiency at a WinnCompanies property where solar energy is currently being harvested and shared with those in need in the neighboring city of Lawrence, MA.
The platform, An Investment in Opportunity, offers a bold new vision for housing policy, with 23 discrete policy recommendations built around four strategies for reform.
The Coming Home Fund leverages Century’s experience with financing veteran housing with new federal and state programs devised to end veteran homelessness.