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From the New York City Housing Authority's press release:
The New York City Housing Authority (NYCHA) and partner team, RDC Development, a joint venture between Wavecrest Management and MDG Design & Construction, today announced the completion of the $492 million comprehensive renovation of...
Learn More at 10yearroadmap.org
Since its inception in the Housing Act of 1937, public housing has faced decades of chronic underfunding and disinvestment. While the last 30 years has brough renewed commitment to new policies and investments in public housing, a cohesive national strategy to...
Protecting, expanding. and providing affordable housing has never been so important.
The COVID-19 pandemic has taught us that housing instability and homelessness have disastrous effects on our national economic and public health. Public housing authorities (PHAs) are our nation’s most effective...
On July 20, the U.S. House of Representatives passed by a 220 to 207 vote the first funding minibus legislation for the upcoming 2023 fiscal year. HR 8294, the “FY2023 Consolidated Appropriations Act” is the minibus comprised of six bills from six of the twelve House appropriations subcommittees....
From the Commercial Observer:
Up to $3.1 billion in capital financing for improvements will be coming to New York City Housing Authority complexes across the city from private sector joint ventures, the agency announced.
The largest of the recent deals, financed through NYCHA’s...
Notice PIH-2020-24: Housing and Housing Choice Voucher Funds, Guidance on CARES Act Financial Reporting Requirements (FDS and Quarterly Reporting), and Other CARES Act Provisions
On September 14, HUD released a much anticipated notice, the “FDS CARES Act Reporting...
HUD’s Office of Public & Indian Housing (PIH) will host a four-part Repositioning Webinar training series open to all PHAs. The webinar series will be held November 12, 14, 19, and 21 and will cover:
Benefits of repositioning
Details on the various repositioning tools available (i.e., RAD,...
Part two of Affordable Housing Finance’s special report “Turning Point for Public Housing,” explores tools such as the Rental Assistance Demonstration (RAD) program and Low-Income Housing Tax Credits (LIHTC) that public housing authorities can use to recapitalize and redevelop properties for...
The Trump Administration released its fiscal year 2020 (FY20) budget proposal today, with more specific numbers expected early next week. The current version includes a request for $44.1 billion in discretionary funding to the Department of Housing and Urban Development (HUD), an $8.7 billion or 16...
146 Boston Housing Authority (BHA) public housing units will remain affordable for at least the next 99 years thanks to a $47.2 million project in partnership with nonprofit community development organization Inquilinos Boricuas en Acción (IBA). 110 units will be funded through...