CLPHA Press Room

From the Washington Business Journal:

A joint venture will bring an 18-story, $150 million mixed-used development to downtown Rockville.

Duball LLC, Daiwa House Group and the Housing Opportunities Commission of Montgomery County announced Friday the purchase of 1.5 acres at the corner of Middle Lane and Monroe Street. The development will have 250 market-rate multifamily units, 150 senior affordable residential units, 19,000 square feet of ground-level retail and more than 600 parking spaces.

Read the Washington Business Journal's article “$150M mixed-used development coming to Rockville,” featuring the Housing Opportunities Commission of Montgomery County. 

From PublicSource:

In Pittsburgh, finding affordable housing can be difficult, whether you seek a room to rent or a place of your own. Owning your property can have substantial financial benefits — such as gaining equity through mortgage principal payments and tax deductions on interest payments. But saving enough money to cover the substantial upfront costs of buying a home is no small feat.

According to Zillow, the average price of a home in Pittsburgh is $150,500, and buyers must generally pay several thousand dollars in closing costs at the time of purchase — typically, out of pocket.

To ease cost burdens, the Housing Authority of the City of Pittsburgh [HACP] created a Homeownership Program in 2004. HACP offers eligible low- and moderate-income households up to $8,000 in assistance toward closing costs and up to $52,000 in assistance through a second mortgage with no monthly payments. The mortgage can be forgiven entirely if the homeowner lives in the home for 10 years and stays in good standing with their primary loan payments. Participants can also get help from credit counselors and financial literacy classes through the program.

Read PublicSource's article “Pittsburgh’s housing authority helps families buy homes. Its homeownership program, explained,” featuring the Housing Authority of the City of Pittsburgh. 

From KING 5 news:

There is a discussion about the future of affordable housing happening in Tacoma’s Hilltop neighborhood.

Community leaders with the grassroots organization Fab-5 teamed up with the Tacoma Housing Authority to make sure residents in the neighborhood are at the center of helping design up to 250 new affordable housing units in Tacoma.

Read KING 5 news' article “Tacoma residents shape future of Hilltop by designing affordable housing,” featuring the Tacoma Housing Authority. 

From the San Diego Housing Commission's press release: 

The presentation of oversized ceremonial keys today culminated the path to homeownership for four families, including Alexis and her children, who celebrated being first-time homebuyers at San Diego Habitat for Humanity’s COMM22 development in Logan Heights, with assistance from the San Diego Housing Commission (SDHC).

“I grew up in Logan. I’ve gone from one side to the other, within a mile radius of where my grandparents lived, and now I can live here too, and be a grandparent when my kids start having kids. I’m glad to get to stay in the neighborhood because they can still attend the same school, and nothing has changed for them, ‘cause they know the environment really well,” said Alexis, who lives in her new townhome with her 6-year-old daughter and 8-year-old son.

Read the San Diego Housing Commission's press release “First-Time Homebuyers in Logan Heights Welcomed to Their New Townhomes at COMM22, a San Diego Housing Commission Partnership.”

From the San Diego Housing Commission e-Newsletter:

Hosting a group of housing professionals from The Chartered Institute of Housing South East (United Kingdom) during their visit to Southern California this month was an honor.

After their initial stop in Los Angeles, the group met in San Diego with SDHC senior leaders to discuss our respective programs to create and preserve affordable housing and address homelessness.

Read “International Housing Group Visits SDHC” in  the San Diego Housing Commission e-Newsletter.