WH budget proposes ‘flat’ funding on some affordable housing programs
By
Kathleen Steele Gaivin
Mar 20, 2024
President Joe Biden’s proposed budget promises moderate-level financing of some affordable senior housing programs.
‘Bold legislation’ needed to ensure affordable housing availability, group says
By
Kathleen Steele Gaivin
Mar 15, 2024
Adults older than 62 years account for 31% of adults who need affordable housing, according to a new report from the National Low Income Housing Coalition. The group’s CEO said that “bold legislation”...
HUD announces $42.5 energy benchmarking initiative for affordable housing providers
By
Kathleen Steele Gaivin
Dec 14, 2023
A new Energy and Water Benchmarking initiative for owners of affordable housing properties is funded with $42.5 million through the Inflation Reduction Act.
Proposed HUD rule formalizes pandemic-era protections for affordable housing residents
By
Kimberly Bonvissuto
Dec 06, 2023
A proposed rule would extend federal protections put in place during the COVID-19 public health emergency to protect affordable housing residents during eviction procedures.
Harmony Senior Housing tackles affordable housing need with ‘flagship’ $30 million project
By
Kathleen Steele Gaivin
Nov 29, 2023
Harmony Senior Housing, a 501 (c)(3) nonprofit, has launched a $30 million plan to bring affordable senior housing to Reading, PA, in a “flagship” effort that may be expanded to additional areas and...
White House initiates $35M plan to create affordable housing by repurposing vacant commercial properties
By
Kathleen Steele Gaivin
Oct 30, 2023
The White House announced Friday a plan to turn vacant commercial properties into affordable housing. The multiagency plan would fund more than $35 million in below-market-rate loans meant to encourage...
HUD takes ‘tremendous step forward’ with funding to promote ‘green’ affordable housing retrofits
By
Kathleen Steele Gaivin
May 15, 2023
The Department of Housing and Urban Development is making new funding available to help Section 202 Supportive Housing for the Elderly Program and other multifamily housing owners improve energy or water...
HUD changes standards, aligns inspection regs for affordable housing
By
Kathleen Steele Gaivin
May 12, 2023
Public housing property owners and agencies will be required to conduct self-inspections of all units at least annually and correct all identified deficiencies within a certain timeframe under a final...
Bill seeks to fund 350 new service coordinators for affordable housing, more
By
Kathleen Steele Gaivin
Sep 19, 2022
The Expanding Service Coordinators Act, introduced Thursday by Rep. Adam Smith (D-WA) would authorize funding for at least 350 new service coordinators, provide funding for training, require a Government...
Treasury expands flexibilities in state COVID-19 relief dollars for affordable housing
By
Kimberly Bonvissuto
Jul 29, 2022
Updated federal guidance released Wednesday expanded the use of federal COVID-19 relief funds for affordable housing, providing additional flexibilities for how states and local governments use those funds.