CHAPA Fair Housing Forum: Planning for Fair Housing Up Front
Every municipality in Massachusetts has an obligation to follow Fair Housing Laws and Regulations. But creating communities that embrace Fair Housing is broader than simply following technical requirements. By thinking about Fair Housing up front in planning processes, community engagement, and development decisions, local communities can ensure that they are not just complying with the law, but exploring the role of Fair Housing at the structural level and truly creating welcoming and diverse cities and towns.
Please join us for a Fair Housing Month event in Newton to help local municipalities and community groups incorporate Fair Housing into all levels of their work. The event will include panels on Fair Housing beyond the typical tenant/landlord transaction, examples of ways communities can mitigate fair housing concerns at a structural level, and interactive activities to help participants think about how to intentionally plan for Fair Housing up front in their own communities.
Massachusetts Affordable Housing News Briefs from CHAPA (April/May 2019):
2019 Affordable Housing Program Announcement:
On April 2, the Federal Home Loan Bank of Boston announced it would contribute $20.7 million to the 2019 Affordable Housing Program. Applications for the program will be available starting June 3. The bank also announced $3.6 million for the Equity Builder Program to assist low-income individuals purchase homes.
Two United States Senators from New England Lead Effort to Ensure Funding for National Housing Trust Fund:
April 5, 2019: After a month long delay, the Federal Housing Finance Agency (FHFA) this week announced it is providing $244.86 million to the Housing Trust Fund (HTF) and $131.84 million to the Capital Magnet Fund (CMF). In January, U.S. Senator Jack Reed (D-RI) and Susan Collins (R-ME) sent a letter to FHFA Acting Director Joseph Otting calling on the agency to transfer the funds, as obligated by law.
FHL Bank Boston Announces Contributions to the 2019 Affordable Housing Program & Equity Builder Program:
April 3, 2019: From Edward A. Hjerpe III, President and CEO of Federal Home Loan Bank of Boston: "I am pleased to announce that Federal Home Loan Bank of Boston will contribute a total of $24.3 million to the 2019 Affordable Housing Program (AHP) and Equity Builder Program (EBP). Of this, $20.7 million will be allocated to the AHP and $3.6 million will be allocated to the EBP. In 2019, individual AHP application limits will be $650,000 in direct subsidy and $1 million in total subsidy, including the AHP advance interest-rate subsidy.