Blog
Insights for affordable housing developers and nonprofit organizations that want to thrive
As part of our consulting services for our nonprofit, government and business clients, we share research, articles and resources about the challenges and trends in affordable housing and community services today. It is our hope that our take on these issues will give you new ideas and inspire you to continue making a difference in your community.
OHFA Awards $4.5 M in Low Income Housing Tax Creditds
OKLAHOMA CITY—At its May 25 meeting, the Oklahoma Housing Finance Agency Board of Trustees voted to award more than $4.5 million in Affordable Housing Tax Credits as part of its first funding period of 2022. Developments receiving credits for new construction include:...
HUD ANNOUNCES $10.3 BILLION IN GRANTS FOR HOUSING AND COMMUNITY DEVELOPMENT ACTIVITIES ACROSS U.S.
The U.S. Department of Housing and Urban Development (HUD) announced $10.3 billion in Fiscal Year 2022 formula grants to communities across the United States for housing and community development activities ranging from affordable housing development to public housing...
Foster Youth to Independence Grant
HUD announced $1.4 million in Foster Youth to Independence (FYI) funding for youth transitioning out of foster care who are experiencing or at risk of experiencing homelessness. HUD’s FYI initiative makes housing choice voucher (HCV) assistance available to public...
DOE/HUD Categorical Eligibility Update
This winter, DOE extended categorical income eligibility to clients served in the last 12 months by all U.S. Department of Housing and Urban Development’s (HUD) means-tested programs, which go up to 80% of Area Median Income based on 4,684 Fair Market Rent (FMR) areas...
Affordable Connectivity Program-Helps households pay for internet and connected services.
Eligible households may receive: • Up to $30/month discount on internet service. • Up to $75/month discount if the household is on qualifying tribal lands. • A one-time discount of up to $100 for a laptop, tablet, or desktop computer (with a co-payment of more than...