Seattle to Spend $75 Million on Affordable Housing in 2019

Earlier this week, Seattle Mayor Jenny Durkan announced that the city will spend $75 million on affordable housing projects over the next year. The money, drawn from property taxes and real-estate payments, will facilitate the development of about 1,200 new apartments with restricted rent and the preservation of over 200 low-rent homes.

Continue reading

British Columbia Government Funds $231 Million for Indigenous Housing

The government of British Columbia recently announced that it will be funding $231 million to help build new homes for 26 indigenous communities across its province, including the Upper Nicola Band. The funds will be provided by the province’s Building BC: Indigenous Housing Fund, and will be used to build 1,143 affordable homes both on and off reserve.

Continue reading

Creative Solutions for Giving Every Veteran a Home

In honor of Veterans Day, November 11th, a national holiday that recognizes all the men and women who have risked their lives to serve the United States during war times, the National Equity Fund (NEF) directs our attention to the progress that is being made to provide housing for the nation’s homeless veterans.

Continue reading

HUD Seeking Comments on Proposed Amendments to AFFH Rule

The U.S. Department of Housing and Urban Development (HUD) released a statement announcing that it intends to “streamline” the Affirmatively Furthering Fair Housing (AFFH) Rule by changing the regulatory requirements it believes are inhibiting states and local communities from increasing affordable housing. HUD is accepting public comments on its proposed amendments for the next two months.

Continue reading

FHFA Requests Comments on Affordable Housing Program

The Federal Housing Finance Agency (FHFA) announced a Request for Comments (RFC) from the public regarding proposed amendments to its regulation on the Federal Home Loan Banks’ Affordable Housing Program (AHP or Program). The deadline for submitting comments has been extended to June 12, 2018.

Continue reading