The North Carolina Housing Finance Agency (NCHFA) released the list of developments across the state that, combined with other key financing, will receive federal tax credits in order to create or preserve affordable housing across North Carolina. The projects selected to receive 9% Housing Credits have a total unit count of 1,503. Approximately 262 of those units are […]
Michigan State Housing Development Authority (MSHDA) CEO and Executive Director Amy Hovey joined Governor Gretchen Whitmer to celebrate a major milestone: reaching the governor’s initial five-year housing goal of adding 75,000 new or rehabilitated units more than a year ahead of schedule. In September 2021 as part of her bold MI New Economy Plan, Gov. […]
The Minnesota Housing board of directors approved more than $123 million in rental assistance for low-income families throughout Minnesota. Fifty local, regional and Tribal administrators will receive two-year grants to provide direct assistance to eligible families. Bring It Home Rental Assistance was one of several programs created during the 2023 legislative session to address affordable […]
Minnesota Housing is now accepting applications for a Carryover Allocation of the 2025 Housing Tax Credits. Section 42 of the Internal Revenue Code requires all 9% Housing Tax Credit (HTC) projects to carryover or be placed in service by the end of the HTC year. Projects that received a 2025 reservation of 9% HTCs are […]
During its August meeting, the Michigan State Housing Development Authority (MSHDA) Board approved the Michigan Housing Accelerator Fund, a new resource to expand affordable housing through investment in the development of mixed-income units. The Michigan Housing Accelerator Fund will provide financing options to assist in the development of mixed-income projects by bridging financing gaps through […]
In May, President Trump reignited the housing finance debate with a Truth Social post announcing his administration is considering ending the 17-year conservatorship of Fannie Mae and Freddie Mac. The potential exit of these two government-sponsored enterprises (GSEs) raises critical questions about the future of the U.S. housing finance system. Join the Bipartisan Policy Center […]
The 2026 draft Qualified Allocation Plan (QAP) is now available. The QAP governs how LIHTCs are awarded across the state and is reviewed and revised on an annual basis. KHRC invites thoughtful feedback throughout the public comment period from all stakeholders. All comments will be accepted until September 5 at 5:00 p.m. Please […]
Minnesota Housing announced the availability of up to $50 million in one-time state appropriations for the preservation or recapitalization of distressed buildings. Of this amount, up to $15 million is for the preservation or recapitalization of housing that includes supportive housing. The $50 million will be distributed as grants or loans through a competitive request for […]
The second draft of the 2026–2027 nine percent LIHTC QAP can be found on the Ohio Housing Finance Agency’s (OHFA’s) website. OHFA will accept comments on this draft through 5 p.m. on Tuesday, Sept. 2, 2025. Feedback and comments may be submitted in writing to [email protected].
Oregon Housing and Community Services (OHCS) applauds a significant investment that will help more households with low incomes pay their utility bills. In June, legislators passed House Bill 3792, doubling funding for the Oregon Energy Assistance Program (OEAP) from $20 million to $40 million. Governor Tina Kotek signed the bill, along with other energy affordability bills, […]
A recent report from the Affordable Rental Housing Advisory Committee of Mortgage Bankers Association (MBA) provides clarity on the middle-income rental housing segment by: Recommendations and Next Steps Include:
NSPIRE training on Oct. 7, 2025 at the Quality Inn in Bismarck, ND.