Jessica Hoefer Author Archives

NH&RA News

NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

Member News

Merchants Capital Secures $110 Million in Financing for Developments in Washington, DC

The Chicago office of Merchants Capital recently secured more than $110 million in total financing for Parkside 8 and Parkside 10, two mixed-use, workforce housing developments located in Ward 7 in Washington, DC, the company announced.  

Member News

Cooper Housing Institute Awards $300,000 Grant for Documentary on Homelessness

The Cooper Housing Institute announced that it has awarded the nonprofit public policy advocacy organization, Massachusetts Housing & Shelter Alliance (MHSA), with a $300,000 grant.

QAP Pennsylvania

Pennsylvania QAP Hearing – Feb. 22

The Pennsylvania Housing Finance Agency will hold a virtual hearing on its draft 2022 QAP at 9 a.m. ET on February 22, register here. Comments should be sent to DevelopmentInfo@phfa.org by February 22.

QAP Florida

Florida Posts 2022 Geographic Areas of Opportunity and RECAP Mapping Layers

Florida Housing posted the 2022 Geographic Areas of Opportunity and Racially and Ethnically Concentrated Areas of Poverty (RECAP) data layers to the external mapping application.

Member News

MacRostie Historic Advisors Acquired by Ryan

MacRostie Historic Advisors (MHA) announced its acquisition by Ryan, a leading global tax services and software provider.

HUD

FHA Removes Temporary COVID-19 Underwriting Mitigants for Multifamily 223(f) Transactions

The Federal Housing Administration (FHA) announced that it is removing temporary COVID-19 underwriting mitigants for multifamily transactions insured under Section 223(f) of the National Housing Act effective immediately for all insured transactions that have yet to reach endorsement.

QAP Montana

Montana Hosts Uniform Application Workshop – March 17

Montana Housing will host a workshop to do a walkthrough of the new Uniform Application, as well as an overview of the process and submittal requirements for Letter of Intent and Full Application, while touching on the corresponding sections of the new 2023 QAP.

Member News

Tapestry Closes Two Deals

Tapestry announced it closed two projects—South Oak Apartments and Highland Terrace II—in the second half of 2021 with the help of development partner, Vizion Driven Communities. 

congress-capitol

House Extends Continuing Resolution till March 11; Senate to Vote

Last week the House passed a continuing resolution that would fund the federal government at current funding levels through March 11.

QAP Maryland

Applications for Maryland’s Nine Percent LIHG Due May 4

Applications for the 2022 Competitive Funding Round are due by May 4 at 2 p.m. ET.

Member News

Militello Joins Fairstead as Senior Director

Fairstead announced that Michelle Militello has joined the company as senior director, affordable asset management, where she is focusing on structuring and growing the affordable team to match the company’s pace of development.

General News

Ron Terwilliger on How to Make More Affordable Housing: Expanding the Supply of Affordable Homes for Rent and Sale Must be a National Priority

Ron Terwilliger, founder of the Bipartisan Policy Center’s (BPC) Terwilliger Center for Housing Policy, explains how the U.S. can make housing more affordable in an op-ed for HousingWire.

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