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Author Archive for: H.A.N.D.

HUD Federal Register Rules, Proposed Rules & Notices

December 4, 2012
December 4, 2012
  • Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to Market)
  • Requirements for Lead-Based Paint Hazards in Federally Owned Residential Properties and Housing Receiving Federal Assistance
  • Request for Information on Adopting Smoke-Free Policies in Public Housing Agencies (PHAs) and Multifamily Housing: Reopening of Public Comment Period
  • Notice of Neighborhood Stabilization Program; Closeout Requirements and Recapture
For additional information, visit the HUD Federal Registers page at hud.gov.
0 Comments/in Opportunities /by H.A.N.D.

National Mortgage Settlement Update

November 29, 2012
November 29, 2012

National Mortgage Settlement Monitor, Joseph Smith, released the latest report last week on the progress made by the five major mortgage servicers – Bank of America, Citi, GMC/Ally, JP Morgan Chase, and Wells Fargo – that are part of the settlement. Like the previously released report, Mr. Smith notes in a statement that this new report is not required by the settlement, but is an attempt to be proactive in providing information to consumers about the progress of the settlement. The report covers the period of March 1st to September 30th.

Nationally, $26B in relief has gone to over 309k borrowers. Just over $13B of the relief has been in the form of short sales, and $2.55B has been (first lien) principal reductions. As a result, the settlement continues to be scrutinized by advocacy and other groups looking for the groundswell of principal reductions expected as a result of the settlement.

Locally, just over 13K borrowers have received $980M worth of relief, $485M of that in short sales versus $114M in principal reductions.

0 Comments/in Opportunities /by H.A.N.D.

Building Capacity to Fight Foreclosures in Northern Virginia

November 29, 2012
November 29, 2012

Join the Capital Area Foreclosure Network (CAFN) and other stakeholders for a discussion of the scope of Northern Virginia’s foreclosure problem, existing housing counseling and outreach efforts, particularly in the area’s hotspots, and the resources needed to effectively combat the problem. Guest speakers include representatives from the Federal Reserve Bank of Richmond, U. S. Department of Housing and Urban Development (Office of Housing Counseling), Virginia Association of Housing Counselors, Virginia Cooperative Extension, Virginia Housing and Development Authority and VOICE, among others. The session will also include an open discussion on Northern Virginia’s counseling needs versus capacity.

DATE: December 6, 2012, 9:00 am – 12:00 noon
LOCATION: Reston Interfaith, 11150 Sunset Hills Road, Reston, VA
RSVP: info@capitalareaforeclosurenetwork.org

0 Comments/in Opportunities /by H.A.N.D.

Enterprise Live Online Event

November 29, 2012
November 29, 2012

Enterprise Community Partners will host “Rebuilding Neighborhoods: Innovative Solutions for a Post-NSP World,” Tuesday, December 4, 2012, 2:00 PM to 3:30 PM.

The city of Cleveland has been hit hard by the foreclosure crisis. In many neighborhoods home prices have fallen by more than half since 2005 and nearly 16,000 properties sit vacant and blighted. The availability of HUD Neighborhood Stabilization Program (NSP) funding provided a brief but welcome solution to some of these problems. However, with that resource fading, what is the way forward in a post-NSP world?

Now, more than ever, creative vacant housing redevelopment strategies are needed to reverse decline and rebuild damaged markets. This webinar will highlight the approach of two local community development organizations, Slavic Village Development and the Detroit Shoreway Community Development Organization, who are experimenting with novel approaches to housing renovation that requires little or no subsidy. Joined by Frank Ford from Neighborhood Progress Inc, this discussion is sure to offer inspiration for organizations across the country as we retool to face similar challenges in our own neighborhoods.

Register for this session!

0 Comments/in Opportunities /by H.A.N.D.

FCRHA Now Accepting Applications for Project-Based Housing Vouchers

November 29, 2012
November 29, 2012

90 Vouchers Available to Support Housing Blueprint Goals

The Fairfax County Redevelopment and Housing Authority (FCRHA) is pleased to announce the availability of up to 90 Housing Choice Vouchers for Project-Based Rental Assistance (PBA) in support of new housing opportunities for homeless families or individuals on the FCRHA’s waiting list, with eight in support of victims of domestic violence. Project-based vouchers made available will serve homeless individuals or families with supportive services as outlined in the Housing Blueprint.

Click here for more information.

0 Comments/in Opportunities /by H.A.N.D.

United Way of the National Capital Area Awards HAND, CNHED and NVAHA an Affordable Housing Initiative Grant

November 16, 2012
November 16, 2012

United Way of the National Capital Area (United Way NCA) awarded $50,000 in designated affordable housing funds through an Affordable Housing Initiative grant to the Housing Association of Nonprofit Developers (HAND). The grant enables the development of a Communications Action Network (CAN) that will advocate for affordable housing throughout United Way NCA’s eight regions.

“This important, region-wide grant will increase collaboration, inform our communities and civic leaders, plus create a united voice in support of the rapidly growing need for affordable housing,” said United Way NCA President and CEO Bill Hanbury. “The call to act now and act together is compelling.”

Over the next two decades, according to George Mason University’s Center for Regional Analysis, 731,457 new housing units will be needed to house the region’s growing workforce. Many of these new workers will have jobs that pay less than the area median income. In addition, in D.C. alone, more than 6,500 people are currently homeless, of which more than 1,600 are children. Some 39,000 households are on the waiting list for Housing Choice Vouchers and public housing. An additional 47,500 households spend 50 percent or more of their incomes on housing, leaving little for other basic needs.

“The challenges of providing housing that people can afford impact each local jurisdiction and thus our entire region,” observed Heather M. Raspberry, executive director of HAND. The regional nonprofit organization is dedicated to building a professional community of housing providers in order to increase the supply of affordable housing in the Baltimore-Washington, D.C.-Richmond corridor. “It’s important that we communicate these realities effectively so we can help policymakers and housing providers better meet the need,” she added.

Join us in sharing the positive benefits of housing affordability across the region.

Download Press Release
0 Comments/in Opportunities /by H.A.N.D.

Did you miss the Annual Leckey Forum Held November 9?

November 15, 2012
November 15, 2012

If you missed the Alliance for Housing Solution’s Annual Leckey Forum, held November 9, 2012, please use this link to review and download resources and information presented that day.

Download Resources
0 Comments/in Opportunities /by H.A.N.D.

Enterprise Homes’ Communities Receive Top Honors

November 14, 2012
November 14, 2012

Enterprise Homes announced that several of its recently developed communities were recognized –Harper House in Columbia, Md. as recipient of an Urban Land Institute (ULI) Baltimore WaveMaker award; The Greens at Liberty Road in Randallstown, Md. as the overall winner of the Property Management Association’s (PMA) Apartment Community Excellence (PACE) Award for “Affordable Communities with Rents Less than $900”; and The Greens at Hammonds Lane in Brooklyn Park, Md., also honored by the PMA as a 2012 distinguished community. “Our reward is building quality, affordable for-sale and rental homes for people from all walks of life,” said Chickie Grayson, President and CEO of Enterprise Homes. “The icing on the cake is the recognition we receive by such notable organizations as ULI and the Property Management Association.” More information.

0 Comments/in Member Events & Success Stories /by H.A.N.D.

Housing Initiative Partnership Selects New Executive Director

November 14, 2012
November 14, 2012

Mel Thompson, Chair of the Board of Housing Initiative Partnership, Inc. (HIP) in Hyattsville, Maryland, announced today that HIP has selected Maryann Dillon to be Executive Director of HIP and its sister organization, HIP Services, Inc. effective October 15, 2012. Ms. Dillon takes the place of Mosi Harrington, HIP’s founder and leader throughout its 24-year operating history. Ms. Dillon comes to HIP with over 25 years of relevant experience in affordable housing and community development. Most recently she was Director of Real Estate Development at the Housing Opportunities Commission of Montgomery County. She also worked as Senior Vice President at Banc of America Community Development Corporation and as Director of the Housing Services Department at Enterprise Community Partners. Ms. Dillon has a Masters of Business Administration from Yale School of Management and a Masters of Public Administration through National Urban Fellows at Baruch College. More information on HIP’s New Executive Director.

0 Comments/in Member Events & Success Stories /by H.A.N.D.

MHP Host Open House and Ribbon Cutting Ceremony for Edinburgh House

November 14, 2012
November 14, 2012

Montgomery Housing Partnership (MHP) held an open house and ribbon cutting ceremony on November 14 to mark the completion of a $3.2 million green renovation of Edinburgh House. The 10-story brick building, located in the heart of Takoma Park on Maple Avenue, was awarded the first Be SMART multi-family loan for energy-efficient upgrades that are expected to yield an ongoing energy savings of 15-20 percent. Edinburgh House is also one of the first multifamily properties in Montgomery County to receive financing through the state’s New Issue Bond Program. State and local officials joined MHP, residents and investors to tour the 45-unit affordable rental community located less than a mile from the Takoma metro station. Renovations included installing new kitchens and bathrooms; hard surface recycled flooring in the common areas and units; energy efficient appliances, doors, windows, and lighting fixtures; and a reflective Thermoplastic Olefin (TPO) roof, which is made of recycled material. Three new handicap accessible units were also added to the building, and the laundry room and leasing office received a facelift. The project was completed in August and created 38 jobs.

0 Comments/in Member Events & Success Stories /by H.A.N.D.
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