Affordable Housing Category Archives

Florida Posts Report on the High Needs High Cost Pilot

Florida Housing released its state report on the High Needs High Cost Pilot. In 2014 Florida Housing awarded $10 million through a competitive application process to three nonprofit developers to develop permanent supportive housing properties in Duval, Miami-Dade and Pinellas counties. Studies around the nation show that cost savings to public systems, particularly crisis services, occur when high utilizers of these services are provided with supportive housing.

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Connecticut Extends COVID-19 Financial Relief Available for Multifamily Borrowers through End of Year

The Connecticut Housing Finance Agency (CHFA) extended the COVID-19 multifamily financial relief period through December 31, 2020. Any mortgagor of a multifamily rental housing development in CHFA’s portfolio experiencing financial distress due to COVID-19, beyond the financial ability of the mortgagor to correct or mitigate, may contact CHFA to request its assistance.

For more information, please see CHFA’s Multifamily COVID-19 Financial Relief Overview on its COVID-19 Update and Resources web page.

Bipartisan Policy Center Publishes Brief on Housing Assistance as a COVID-19 Priority

On June 12 the Bipartsan Policy Center published a new brief entitled “Housing Assistance is a COVID-19 Response and Racial Justice Priority.”  The brief finds that the public health and economic crisis that COVID-19 triggered has put millions of low-income households at risk of eviction and homelessness and has widened racial disparities in housing and health outcomes.

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