Industry News

Obama Seeks to Leave Behind Strong Affordable Housing Programs

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.

HUD Releases New Median Zip Code Rents for Section 8 Renewal Rent Comparability Studies

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.

FY-2016 Funding Round Opens for Capital Magnet Fund

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.

Member News

Massachuestts Governor Announces Solar Energy Initiative at WinnCompanies Property

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.

Enterprise Launches Platform to End Rental Crisis

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.

Century Housing Launches Veteran Housing-Focused Flexible Loan Program

The Coming Home Fund leverages Century’s experience with financing veteran housing with new federal and state programs devised to end veteran homelessness.

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