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Citizens' Housing and Planning Association: News

News

Housing Briefs - August 1, 2013

STATE UPDATES

$1.4 Billion Housing Bond Bill Passes Legislature

On Tuesday, July 30th, the Senate passed CHAPA’s top priority, the housing bond bill (H.3492). The bill authorizes $1.4 billion in capital spending over the next five years and extends the Low Income Housing Tax Credit at $20 million per year through 2020.

FHLBB Affordable Housing Program (AHP) Training Webinars Start - July 30, 2013

The Federal Home Loan Bank of Boston (FHLBB) will hold training webinars on the upcoming AHP funding round on August 1 and August 6.

State Announces Award of $31M in Federal CDBG Funds to Localities- July 29, 2013

On July 26, Governor Patrick announced the award of $31 million in federal Community Development Block Grant (CDBG) funds to 38 cities and towns to support projects and activities in 61 communities.  These grants will support a wide range of activities, including housing rehabilitation, including loans to homeowners, infrastructure repair or replacement, public facilities, neighborhood improvement, social services, planning and architectural barrier removal.  They are funded from the annua

A Message from HUD Secretary Shaun Donovan on the Affordable Care Act - July 25, 2013

A Message from HUD Secretary Shaun Donovan on the Affordable Care Act:

The following video message from Secretary Donovan provides more infomratoin about the Affordable Care Act and its importance to the poeple HUD serves, HUD employees, and friends and family.  To view the video please click here.

FHLB Accepting Nominations for 2014 Advisory Council - July 25, 2013

NOMINATIONS FOR 2014 ADVISORY COUNCIL  
The Federal Home Loan Bank of Boston (FHLB) is now accepting nominations to fill three vacancies on its 2014 Advisory Council.  The vacant seats are for individuals actively involved in providing or promoting community lending in Massachusetts, New Hampshire and Vermont, respectively. 

Dorchester Project First in Nation to Close on “Choice Neighborhoods” Funding – July 23, 2013

MassHousing announced yesterday that it has closed on financing arrangements on Quincy Heights, the first project in the nation funded under HUD’s Choice Neighborhoods grant program to reach the closing table.

HUD Issues Final HOME Rule - July 23, 2013

HUD will publish its revised Final Rule for the HOME program in the Federal Register tomorrow, more than 19 months after it issued a draft revised rule for comment in December 2011.  A preview copy is available online.  According to HUD's summary (pages 8-10 of the preview copy), key changes to the 2012 draft rule include clarifying the definition of "commitment" of funds, allowing CHDOs to use consultants to demonstrate capacity but only for first year of their participation as a CHDO, allowing CHDOs to become owner

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