Affordable Housing

Entries Tagged as 'Affordable Housing'

NYS Housing Finance Agency Approves Financing to Build 67 Affordable Senior Housing Apartments in Ulster County

January 4th, 2009 · No Comments

Last month, the board of the New York State Housing Finance Agency (HFA) approved $10.3 million in financing for the construction of Birches at Chambers, a 67-unit affordable senior citizen housing development in the Town of Ulster in Ulster County. The Ulster approval was included in a total package of $64.2 million in funds approved […]

Obama to Nominate Shaun Donovan to head the US Department of Housing and Urban Development

December 14th, 2008 · No Comments

President-elect Obama has picked New York City housing commissioner Shaun Donovan to be secretary of housing and urban development. Obama has spoken that this position will be a key post that will play a large role in the administration’s efforts to stop the number of foreclosures and expand homeownership. Donavan served on the National Housing […]

FHLB Boston Funds Affordable Housing Grants for Seniors

December 10th, 2008 · No Comments

The Federal Home Loan Bank of Boston (the Bank) recently awarded more than $10.2 million as grants, loans, and subsidies to fund 390 units of affordable rental and ownership housing in seven Massachusetts communities.In all, 24 initiatives in eight states received more than $22.8 million in grants, loans, and rate subsidies as part of the […]

Work Force Housing Needed for Senior Housing Project Staffing

October 31st, 2008 · 1 Comment

A problem that has plagued the Colorado Ski Country for many years is becoming a factor when developers are planning new senior communities in all parts of the country. Many times, developers are required to provide a portion of their new construction to the local residents of Ski Areas at cost or a discounted rate […]

Cook County Suspends Evictions That Leaves Seniors Without A Place to Live

October 15th, 2008 · No Comments

Cook County Sheriff has announced its suspending evictions for foreclosures where lenders do not provide adequate notice to people that are living in houses as a tenant rather than the owner. The sheriff’s office has seen almost double the number of foreclosures from last year and the suspension on evictions has received a large amount […]

Catholic Health Initiatives Makes Major Gift For Affordable Senior Housing

September 30th, 2008 · No Comments

Catholic Health Initiatives announced today a $6 million gift to Mercy Housing for its affordable homes for low-income families, seniors and people with special needs in Omaha and Lincoln, Neb., and Council Bluffs, Iowa. Catholic Health Initiatives, the second largest Catholic health system in the country, is also one of the largest health care providers […]