Stay up to date on all of NALHFA’s activities. Our news and releases will share important organization information, industry updates, and more. The Port of Greater Cincinnati Development Authority Joins NALHFAPosted By NALHFA, Tuesday, July 11, 2023The National Association of Local Housing Finance Agencies (NALHFA) announced today that The Port of Greater Cincinnati Development Authority (THE PORT) is its newest member. The Port is a quasi-governmental economic development agency in Hamilton County, Ohio, focused on the equitable redevelopment of commercial and residential property. In 2001, The City of Cincinnati and Hamilton County established The Port to fix broken real estate and promote job creation through the revitalization of abandoned housing, blighted business districts, and shuttered manufacturing site Click here to read more.The Money Source Announced as New NALHFA MemberPosted By NALHFA, Thursday, June 9, 2022The National Association of Local Housing Finance Agencies (NALHFA) announced recently that The Money Source (TMS) is its newest member. TMS is a national correspondent investor and subservicer. The power of TMS Correspondent means they deliver 25 years of world class experience to help businesses prosper. They offer a full suite of agency and government loans including renovation programs, and their Correspondent proprietary technology KISS (Keep it Super Simple) enables TMS to review funding packages in 24-hours. They provide some of the fastest turn times allowing for lower carrying costs. Presenting an industry best servicing experience for members has made TMS Correspondent a Top 15 Ginnie Mae Issuer. Click here to read more. NALHFA Meets with New FHA Commissioner GordonPosted By NALHFA, Thursday, June 9, 2022Recently, the NALHFA Board of Directors had the opportunity to meet with newly confirmed FHA Commissioner Julia Gordon to share NALHFA’s top priorities and receive an update on future happenings in the housing arena. Board members emphasized the importance of the FFB Risk-Sharing Program, robust investments in housing for Fiscal Year 2023, and the Biden Administration’s Housing Supply Action Plan. NALHFA will continue to meet with senior officials at HUD throughout the year and advocate for key issues impacting the affordable housing industry. Butler Snow Joins NALHFAPosted By NALHFA, Thursday, June 2, 2022WASHINGTON, DC – The National Association of Local Housing Finance Agencies (NALHFA) announced that Butler Snow LLP is its newest member. NALHFA is the leading local affordable housing advocate, influencing the shape and content of congressional legislation and agency regulations affecting the affordable housing finance industry. Butler Snow is a full-service law firm with nearly 400 attorneys collaborating across a network of more than 25 offices in the United States, Europe and Asia. Ranked as a leading firm for client relations and one of America’s Top 100 law firms in the BTI Power Rankings, Butler Snow is recognized as one of the nation’s top law firms for client service, including being named to the Client Service A-Team for three consecutive years. Additionally, the firm was ranked 48th out of 650 firms in the BTI Client Relationship Scorecard for understanding client business, anticipating client needs, unprompted communication, legal skills, quality and keeping clients informed. Butler Snow is a member of Lex Mundi, the world’s leading network of independent law firms. NALHFA AGM Financial Services As Its Newest MemberPosted By NALHFA, Thursday, May 19, 2022WASHINGTON, DC – The National Association of Local Housing Finance Agencies (NALHFA) announced that AGM Financial Services, Inc. is its newest member. NALHFA is the leading local affordable housing advocate, influencing the shape and content of congressional legislation and agency regulations affecting the affordable housing finance industry. AGM Financial Services, Inc. (AGM) is a privately held Lender focused on financing multifamily and age-restricted communities using FHA-insured loans. AGM was founded in 1990 under the leadership of Margaret Allen (CEO) and specializes in financing complex mixed-income projects. AGM has deep experience with both 4% and 9% LIHTC projects, including new construction, substantial rehabilitation, and conversions under the RAD program. Many of our projects feature issues such as Section 8 contracts, tax-exempt bonds, multiple layers of sub-debt, tax abatements, ground leases, and more. NALHFA Announces 2022 Award of Excellence HonoreesPosted By NALHFA, Thursday, May 5, 2022Recently, the National Association of Local Housing Finance Agencies (NALHFA) announced its Award of Excellence honorees during its Annual Business Meeting and Award of Excellence Recognition event during the NALHFA Annual Conference held in New York City. The NALHFA Award of Excellence is the most prestigious national recognition award in the local affordable housing finance community. The award recognizes the critical work that NALHFA members do in their local communities to provide affordable housing. Out dozens of award nominations, nine NALHFA members were recognized for their outstanding, innovative, and sustainable solutions. NALHFA Announces Leadership TeamPosted By NALHFA, Thursday, May 5, 2022On Monday, April 25, the National Association of Local Housing Finance Agencies (NALHFA) elected its leadership team at its Business Meeting and Award Luncheon during its Annual Conference that was held this week in New York City. At the meeting, the NALHFA membership elected Dawn Arnold, Executive Vice President and COO of Invest Atlanta to serve as President. "Dawn stepped up tremendously to serve as NALHFA's Interim President over the last several months and I was so happywhen she shared with me her desire to become our next President," said NALHFA Executive Director Jonathan Paine. "Dawn has been a vocal leader and advocate for the local affordable housing finance community. I have had the privilege of accompanying Dawn to meetings at the White House, HUD, and several congressional offices over the years and she has an incredible way of telling the story of our industry and making our priority issues relatable. NALHFA is truly fortunate to have Dawn as its President." NALHFA Honors Rich Froehlich with Lifetime Distinguished Achievement AwardPosted By NALHFA, Thursday, May 5, 2022On Monday, April 25 during its Annual Conference in New York City, NALHFA presented its Lifetime Distinguished Achievement Award to former NALHFA President Rich Froehlich, First Executive Vice President & Chief Operating Officer of the New York City Housing Development Corporation (NYCHDC). His dedication to and leadership in the affordable housing community was unwavering and set an example for all affordable housing advocates across the country. In recognition of outstanding contributions and service to the National Association of Local Housing Finance Agencies (NALHFA) and the entire local affordable housing finance community, Froehlich was honored with NALHFA’s Lifetime Distinguished Achievement Award presented by Dawn Arnold, NALHFA President. This rarely-given national award is a testament to Froehlich's brilliant mind, strong leadership, and commitment to protect New York's most vulnerable residents. NALHFA Joins 30 National Associations to Call on Treasury to Protect Investment in Critical Housing ProgramsPosted By NALHFA, Wednesday, April 6, 2022Yesterday, the National Association of Local Housing Finance Agencies joined 30 other national organizations to call on the Treasury Department to help protect investments in critical housing programs as it works with the Organization for Economic Cooperation and Development (OECD) on developing rules to implement a 15 percent global minimum tax. Have You Renewed Your NALHFA Membership and Updated Your Member Profile?Posted By NALHFA, Wednesday, February 23, 2022As we begin 2022, NALHFA would like to remind its members to renew their membership for this year to ensure access to critical member-only communications and resources. The primary contacts for each member should have received an invoice in December 2021. Please contact NALHFA if you did not receive an invoice or if your primary contact has changed from your organization. As well as renewing membership, NALHFA encourages you to sign in to your account on our website to ensure your member information is up to date. This will ensure you are receiving important NALHFA communications. For questions, please contact NALHFA at [email protected]. NALHFA Releases 2022 National Policy AgendaPosted By NALHFA, Wednesday, February 23, 2022The National Association of Local Housing Finance Agencies (NALHFA) released today its 2022 National Policy Agenda. This document outlines NALHFA policy positions on important issues affecting the housing finance industry. These stated positions are focused on preserving and expanding the tools and resources that are critical to combatting the affordable housing crisis in the United States. “The National Association of Local Housing Finance Agencies is ready to continue our crucial work with Congress and the Biden Administration on legislation and regulations that will provide communities with the tools necessary to connect households across the nation with safe and decent affordable housing options,” said NALHFA Executive Director, Jonathan Paine. "This year will be critical for enacting meaningful policy on these issues and alleviating the housing challenges exacerbated by the COVID-19 pandemic. We look forward to working closely with key policymakers on these matters over the coming months.” More News |