CHFA Launches Mortgage Rate Reduction Program
Student loan borrowers facing trouble affording a mortgage have a new option courtesy of the Connecticut Housing Finance Authority.
Lisa Hensley Joins CHFA
The Connecticut Housing Finance Authority has hired Lisa Hensley to lead the agency’s homeownership programs.
CHFA Relaunches Mobile Home Purchase Loan Program
The Connecticut Housing Finance Authority has relaunched its mobile manufactured home purchase loan program, and added a refinance loan option, as well.
CHFA Expands Down Payment Assistance for First-Time Borrowers
First-time homebuyers using the Connecticut Housing Finance Authority’s Downpayment Assistance Program can now include closing costs in the total loan amount, a feature not available to borrowers in recent years.
Lamont Announces New Loans for Homeowners with Crumbling Foundations
Homeowners with crumbling foundations now have a new source of help to replace decking, plumbing and other items not covered by the state’s crumbling foundation insurance company.
Connecticut Receives Federal Funds to Educate Homeowners
The Connecticut Housing Finance Authority has received federal funding to counsel Connecticut homeowners facing possible foreclosure and educate first-time homebuyers.
New CHFA CEO is First Woman in its History
Nandini Natarajan has been named the new CEO of the Connecticut Housing Finance Authority; she will be the first woman to lead the organization as CEO in its 50-year history.
Lamont Asks Lawmakers to Help Review Quasi-Public Agencies
Gov. Ned Lamont is asking Connecticut legislative leaders to work with him on reviewing the state’s quasi-public agencies, two of which have come under scrutiny for their management practices.
State Awards $10M for Affordable Housing Projects, Loans
The Connecticut Housing Finance Authority yesterday awarded $10 million in state Housing Tax Credit Contributions to nonprofit developers of affordable housing and nonprofit housing loan funds.
CHFA Appoints Smith as Interim Head
The board of directors of the Connecticut Housing Finance Authority has appointed Diane L. Smith as interim executive director.
CHFA Awards $10.28M to Create 348 Affordable Apartments
Thanks to federal Low Income Housing Tax Credits announced Thursday by the Connecticut Housing Finance Authority, seven apartment development projects are moving forward.
CHFA Sells $118M in Fixed-Rate Bonds
The Connecticut Housing Finance Authority recently offered up $118 million in bonds rated AAA and Aaa by S&P Global and Moody’s.
TD Bank Invests In Connecticut’s Affordable Housing Initiative
TD Bank announced that its commercial lending group in Connecticut closed a $50 million direct purchase bond facility that will finance nearly 300 mortgages for low-to-moderate income borrowers purchasing their first homes, or borrowers who have not owned a home in the past three years.
CHFA Receives National Recognition For Green Building Strategies
A new report from national environmental organization Global Green USA recently awarded the Connecticut Housing Finance Authority (CHFA) an “A-” for building strategies included in the state of Connecticut’s Qualified Application Plan (QAP) and CHFA’s multifamily design, construction and sustainability standards and guidelines that result in energy-efficient housing that costs less to operate.
Strong First-Time Homebuyer Demand, Low Interest Rates Drive $185M CHFA Bond Sale
The Connecticut Housing Finance Authority (CHFA) recently announced plans to offer $185 million in bonds in August due to increasing demand from qualified homebuyers.
