Kaitlyn Snyder Author Archives

Member News

Fairstead and LIHC Investment Group Announce New Ground-Up Mixed-Income Development

Fairstead and LIHC Investment Group announced a new ground-up development proposal for a mixed-income building at Essex Plaza in Newark, NJ. The six-story, 365,000-square-foot proposed development would consist of 241 residential apartments, ground-floor commercial and amenity space and underground parking. The development would be built as part of New Jersey’s Clean Energy Program, taking a […]

Member News

Dominium Announces the Closing of the Land Sale for New Affordable Housing Development in DeKalb County

Dominium announced today the closing of the land sale for its tenth new affordable housing development in the state of Georgia. Located in unincorporated DeKalb County, The Meridian will provide 217 affordable apartment homes to the Atlanta metropolitan area once constructed. Development Partners for The Meridian include Winthrop & Weinstine, Kutak Rock, Commercial Partners Title, […]

Member News

Rockport Mortgage Announces $42.4M in Financing for Lowell, MA Affordable Housing Property

Rockport Mortgage of Gloucester, MA, announced the closing of a $42.4 million, HUD Section 223(f) refinance loan in Lowell, MA. The transaction will preserve affordability at the rental housing development for 39 years. Market Mill Apartments is a 230-unit affordable housing community serving seniors and families located at 246 and 256 Market Street. The development, […]

New Developments: The Final Countdown

September is always a busy month in DC, but this year is shaping up to be exceptionally so.

General News

Federal Eviction Moratorium Expires July 31

The federal eviction moratorium will expire on Saturday, July 31. On-going state and local eviction moratoriums may still apply to your residents/properties. Last week, the White House held an eviction prevention progress report webinar. The full recording is available here and a summary is available here. The Department of the Treasury released slides on the Emergency Rental Assistance Program, as well as slides detailing Consumer Financial Protection Bureau resources made available through their Housing Insecurity campaign. 

HUD

HUD Hosts HOME-ARP Webinar Series

HUD’s Office of Affordable Housing Programs (OAHP) is hosting a webinar series to assist communities in planning for their allocation of HOME-American Rescue Plan (ARP) funding in advance of HUD publishing an implementing notice for the program. 

QAP California

California Releases $220 Million Multifamily NOFA

The California Department of Housing and Community Development (HCD) released the Round 4 Multifamily Housing Program (MHP) July 2021 Notice of Funding Availability (NOFA) for approximately $220 million. Applications are due by September 20 at 5 p.m. PT. HCD will hold virtual NOFA workshops, which offer participants the opportunity to hear an overview of the NOFA and any updates that have developed since the third round in July 2020.

QAP California

California Posts Infill Infrastructure Grant Program Application Log

The California Department of Housing and Community Development (HCD) posted the Infill Infrastructure Grant (IIG) program Round 7 Applications received and self-scores list. The information was provided by applicants and has not yet been verified by HCD. 

QAP Colorado

Colorado RFP for Statewide Multifamily Rental Market Survey

The Colorado Housing and Finance Authority (CHFA) issued a Request for Proposal (RFP) for an organization to conduct a quarterly survey of multifamily properties and to consult with CHFA regarding the data analysis and results. Select markets to be surveyed are listed in the RFP. Responses to the RFP must be received by CHFA no later than 5 p.m. MT on August 18 to Kristi Budish.

QAP Florida

Florida Issues Three Regional RFAs

Florida Housing issued the following Requests for Applications (RFAs): 

RFA 2021-201 Housing Credit Financing for Affordable Housing Developments Located in Medium and Small Counties. The application deadline is August 26, 2021. 
RFA 2021-202 Housing Credit Financing for Affordable Housing Developments Located in Broward, Duval, Hillsborough, Orange, Palm Beach and Pinellas Counties. The application deadline is August 31, 2021. 
RFA 2021-203 Housing Credit Financing for Affordable Housing Developments Located in Miami-Dade County. The application deadline is August 24, 2021.  

QAP Kansas

Kansas Opens Moderate Income Housing Program

Applications for Kansas Housing Resource Center’s (KHRC) 2021 Moderate Income Housing (MIH) program are now available. Completed applications must be returned to KHRC no later than 5 p.m. CT on September 27, 2021. Total funding for the 2021 MIH program is expected to be approximately $2 million. 

QAP Illinois

Illinois Updates Draft 2022-2023 QAP

The Illinois Housing Development Authority (IHDA) posted a revised version of the draft 2022-2023 QAP. Comments are due to QAPFeedback@idha.org by 5 p.m. CT on July 30. IHDA released its Draft Multifamily Underwriting Guide. This document is to be used when completing applications for most Multifamily financing programs. Sponsors applying solely for Illinois Affordable Housing Tax Credits should reference the applicable regulations rather than the draft Guide. 

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