Public housing in the United States

Dwight Capital Finances Over $396 MM in March 2021

Retrieved on: 
Monday, April 12, 2021
Professional services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banking, Public housing in the United States, United States Department of Housing and Urban Development, Urban planning in the United States, Economy of the United States

b'Dwight Capital provided in excess of $396 MM in financings (including Interest Rate Reductions) during March.

Key Points: 
  • b'Dwight Capital provided in excess of $396 MM in financings (including Interest Rate Reductions) during March.
  • The project\xe2\x80\x99s amenities feature a swimming pool, dog park, rooftop with 360-degree panoramic views, and concierge services.
  • The O Street Market, one of D.C.\xe2\x80\x99s greatest historic landmarks, was preserved and incorporated into the new construction.\nThe previous loan on the property was also originated and serviced by Dwight Capital.
  • Dwight Capital is also one of the largest FHA/HUD lenders for multifamily and healthcare properties in the United States and services $7 billion of commercial real estate loans.\nFor more information about Dwight Capital, please visit: www.dwightcapital.com\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210412005332/en/\n'

Cuyahoga Metropolitan Housing Authority ("CMHA") Provides Notice Of Data Privacy Incident

Retrieved on: 
Monday, April 12, 2021
Articles, Public housing in the United States, Data security, Cuyahoga County, Ohio, Cuyahoga Metropolitan Housing Authority, Local government in Ohio, Computer security, Cryptography, Information governance, CMHA, Ransomware, Privacy

b'CLEVELAND, April 12, 2021 /PRNewswire/ -- Cuyahoga Metropolitan Housing Authority ("CMHA") is providing notice of a recent incident that may affect the security of information pertaining to individuals.

Key Points: 
  • b'CLEVELAND, April 12, 2021 /PRNewswire/ -- Cuyahoga Metropolitan Housing Authority ("CMHA") is providing notice of a recent incident that may affect the security of information pertaining to individuals.
  • The confidentiality, privacy, and security of information in CMHA\'s care is one of its highest priorities and CMHA takes this incident very seriously.
  • Our investigation determined that certain files within our environment were encrypted and inaccessible as part of a ransomware attack.
  • The confidentiality, privacy, and security of information in our care is one of our highest priorities, and we take this incident very seriously.

AHF Welcomes Biden’s Proposed 15% HUD Budget Increase

Retrieved on: 
Saturday, April 10, 2021
Public policy, Government, Construction & Property, White House, Federal Government, Public policy, Other Policy Issues, Urban planning, Other Construction & Property, Residential Building & Real Estate, Biden family, Public housing in the United States, United States Department of Housing and Urban Development, Urban planning in the United States, Joe Biden, Homelessness, Democrats United States), Government, Federal government of the United States

President Bidens budget proposal for HUD is great news and could not have come a moment too soon, said Michael Weinstein, president of AHF.

Key Points: 
  • President Bidens budget proposal for HUD is great news and could not have come a moment too soon, said Michael Weinstein, president of AHF.
  • Even before the pandemic, many millions of Americans were struggling with housing affordability while homelessness was continuing to spiral out of control.
  • The times require real action and President Bidens HUD budget delivers it.
  • Politico also reported the Biden budget blueprint would boost funding by nearly 10 percent, to $3.8 billion, for the Community Development Block Grant program.

Connecticut Procures Yardi Software for Emergency Rental Assistance Program

Retrieved on: 
Wednesday, April 7, 2021
Affordable housing, Public housing in the United States, Housing in the United States

Rent Relief powered by Yardi will accept applications, qualify beneficiaries and deposit assistance funds

Key Points: 
  • Rent Relief powered by Yardi will accept applications, qualify beneficiaries and deposit assistance funds
    SANTA BARBARA, Calif., April 7, 2021 /PRNewswire/ -- The State of Connecticut has begun efforts to deliver emergency rental assistance to qualified beneficiaries using Yardi's Rent Relief software platform.
  • The program began accepting applications for emergency rental assistance on March 15, 2021 and have more than 2,200 fully submitted applications by landlords and tenants.
  • "Our intention for the federal emergency rental assistance funds is to stabilize Connecticut's rental housing market.
  • State and local housing agencies seeking to expedite and streamline emergency rental assistance programs can contact Yardi at (800) 866-1144 to set up a demonstration.

Columbus Metropolitan Housing Authority (CMHA) announces plan to issue $30M in general revenue bonds that will support creation of at least 500 new affordable housing units annually through 2025

Retrieved on: 
Tuesday, March 30, 2021
Public housing in the United States, CMHA, Affordable housing, Cuyahoga Metropolitan Housing Authority, Neighborhoods in Columbus, Ohio

CMHAs vision to build at least 500 low- and mixed-income units annually through 2025 comes as the supply of affordable housing in Columbus and Franklin County cannot keep up with demand.

Key Points: 
  • CMHAs vision to build at least 500 low- and mixed-income units annually through 2025 comes as the supply of affordable housing in Columbus and Franklin County cannot keep up with demand.
  • Its the first time CMHA has issued general revenue bonds and the first time CMHA sought a rating from S&P.
  • In addition, CMHA has begun renovations on the 230 affordable housing units at Rosewind Apartments in Columbus.
  • About CMHA: CMHA helps people access affordable housing through collaborative partnerships, promote neighborhood revitalization and assist residents in accessing needed social services.

Marcia Fudge's Being Sworn in as HUD Secretary is Great News for Minority Homebuyers

Retrieved on: 
Thursday, March 11, 2021
Housing in the United States, Economy of the United States, Civil rights and liberties, American society, Public housing in the United States, United States Department of Housing and Urban Development, Urban planning in the United States, Housing discrimination in the United States, Housing, Civil Rights Act, United States Secretary of Housing and Urban Development, Matt Ammon

Among other goals as HUD secretary, Fudge said today she plans to increase fair housing protections and improve access to affordable housing.

Key Points: 
  • Among other goals as HUD secretary, Fudge said today she plans to increase fair housing protections and improve access to affordable housing.
  • "Marcia Fudge's confirmation as HUD secretary and Biden's commitment to end discriminatory housing practices will widen the path to homeownership and help more families achieve housing wealth.
  • We look forward to working with the new HUD secretary on a range of housing issues."
  • As a leading source of down payment assistance, the company helps low-to-moderate income consumers, often in minority neighborhoods, achieve the dream of homeownership.

Former HUD Deputy Assistant Secretary C. Lamar Seats Joins Greystone

Retrieved on: 
Wednesday, March 3, 2021
Loans, Public housing in the United States, United States Department of Housing and Urban Development, Urban planning in the United States, Loan servicing, Finance, Economy

In this role, Seats will oversee origination teams at Greystone handling multifamily, affordable housing and construction finance via HUD-insured programs.

Key Points: 
  • In this role, Seats will oversee origination teams at Greystone handling multifamily, affordable housing and construction finance via HUD-insured programs.
  • Mr. Seats joins Greystone from the U.S. Department of Housing and Urban Development, where he served as Deputy Assistant Secretary of Multifamily Housing Programs for three years, overseeing $21 billion in production in FY2020.
  • Earlier in his career, Mr. Seats worked in commercial loan roles at Reilly Mortgage Group, Wells Fargo Bank, Bankers Trust Company, and USF&G Corporation.
  • Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates.

Kern County Selects Emergency Rental Assistance Software from Yardi

Retrieved on: 
Thursday, February 18, 2021
Bakersfield, California, San Joaquin Valley, Geography of California, Affordable housing, California, Housing in the United States, Public housing in the United States

SANTA BARBARA, Calif., Feb. 18, 2021 /PRNewswire/ -- The Housing Authority of the County of Kern, headquartered in Bakersfield, Calif., will implement Yardi's Rent Relief cloud-based software to support its Emergency Rental Assistance program.

Key Points: 
  • SANTA BARBARA, Calif., Feb. 18, 2021 /PRNewswire/ -- The Housing Authority of the County of Kern, headquartered in Bakersfield, Calif., will implement Yardi's Rent Relief cloud-based software to support its Emergency Rental Assistance program.
  • The emergency rental assistance program is designed to prevent loss of housing by supplementing rent payment for households impacted by the pandemic and by helping landlords keep current with mortgage payments.
  • Kern County weighed the merits of several software providers before selecting Yardi.
  • State and local housing agencies seeking to expedite and streamline emergency rental assistance programs can contact Yardi at (800) 866-1144 to set up a demonstration.

Mayor Bowser Applauds HUD for $38.8 Million Investment in Affordable Housing

Retrieved on: 
Tuesday, February 16, 2021
Video game characters, Fictional characters, African-American women in politics, Muriel Bowser, Urban planning in the United States, Public housing in the United States, Bowser, United States Department of Housing and Urban Development

We know that for many Washingtonians, access to safe and affordable housing is the first step to getting back on their feet,"said Mayor Muriel Bowser.

Key Points: 
  • We know that for many Washingtonians, access to safe and affordable housing is the first step to getting back on their feet,"said Mayor Muriel Bowser.
  • "As we continue through our response and recovery, thisfunding will allow us to double down on our ongoinghousingefforts, protect DC's stock of affordable housing, and give more Washingtonians a fair shot."
  • "Mayor Bowser haschallenged ourteam to look at all possibleways for the District tomake more progresstowardourboldgoal to not only create 36,000 new units of housing by 2025, 12,000of themaffordable, but alsotopreserve every unit of affordable housing wecurrentlyhave,"said Deputy Mayor for Planning and Economic Development John Falcicchio.
  • Richard Livingstone (DHCD) (202) 538-3370; [email protected]
    View original content to download multimedia: http://www.prnewswire.com/news-releases/mayor-bowser-applauds-hud-for-38...

Wendover Housing Partners Announces New Multi-Family Affordable Housing Community in Sanford

Retrieved on: 
Tuesday, February 9, 2021
Public housing in the United States, United States Department of Housing and Urban Development, Urban planning in the United States, Affordable housing, Government

ORLANDO, Fla., Feb. 09, 2021 (GLOBE NEWSWIRE) -- Wendover Housing Partners , one of the Southeasts premier multi-family housing developers, today announces that is has broken ground on Monroe Landings, a new multi-family affordable housing community in Sanfords Goldsboro neighborhood.

Key Points: 
  • ORLANDO, Fla., Feb. 09, 2021 (GLOBE NEWSWIRE) -- Wendover Housing Partners , one of the Southeasts premier multi-family housing developers, today announces that is has broken ground on Monroe Landings, a new multi-family affordable housing community in Sanfords Goldsboro neighborhood.
  • In partnership with the Orlando Housing Authority, Monroe Landings will serve as a stimulus for an area in need of affordable housing and is intended to help revitalize the historic Sanford neighborhood.
  • In Nov. 2013, Housing of Urban Development (HUD) demolished an existing run-down affordable housing community that took up several parcels of land in the area after being deemed uninhabitable.
  • Central Florida is one of the most challenging locations in the country to find affordable housing, and the short supply is an increasing problem, especially in areas like Sanford, said Jonathan L. Wolf, CEO and founder of Wendover Housing Partners.