Treasury Department awards $246M to support affordable housing
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund on Wednesday awarded more than $246.4 million for affordable housing and community facilities for low-income communities.© Shutterstock The awards, part of the Capital Magnet Fund, will help 48 organizations support financing for affordable housing and other economic development facilities like day care centers, workforce […] The post Treasury Department awards $246M to support affordable housing appeared first on Financial Regulation News.
Nearly all grant money from state’s $200M housing fund is awarded; loan money remains
A state board has awarded nearly all of the grant funding for the state’s Housing Infrastructure Financing Program, while much of the program’s loan money remains available. The program uses a mix of state and federal money to ease the burden of high inflation for homebuilders and address a need for workforce housing. Lawmakers created […]