Latest News
4.26.19
In Affordable Housing Finance's article "Turning Point for Public Housing," CLPHA' Executive Director Sunia Zaterman says of the massive capital needs backlog facing public housing authorities that “[t]he handwriting has been on the wall. The funding levels were not sustainable."
4.11.19
From the City of Fort Worth, TX's website:
Fort Worth Housing Solutions will open Campus Apartments, its newest affordable housing community, near Tarrant County College-South Campus in late March.
The 224-unit community features 10 market-rate units and 214 units for households earning less than 60 percent of the area’s median income. Fifteen of the affordable units will be new...
3.13.19
Yesterday, CLPHA submitted comments on the Draft Revision 4 to the Rental Assistance Demonstration Notice regarding conversion of Section 202 project rental assistance contracts, which were prepared with our counsel, Reno & Cavanaugh, PLLC. The comments underscore CLPHA members’ depth of experience across all aspects of RAD and CLPHA’s unique qualifications to comment on the RAD 4 notice, and...
3.11.19
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 16.4 percent decrease from current funding levels.
3.8.19
From Multi-Housing News:
MassHousing has closed on $38.7 million in affordable housing financing to non-profit Inquilinos Boricuas En Accion Inc. (IBA). In partnership with the Boston Housing Authority, the organization intends to use the capital for the rehabilitation and preservation of West Newton Apartments, a 146-unit public housing community in Boston’s South End. Contractor Bilt-Rite...