Top Tweets for #SaveFFB
Huge 🙏 to everyone who pushed to restart @HUDgov @USTreasury Federal Financing Bank-Risk Sharing program for #AffordableHousing! Big news today that we were successful #SaveFFB!
@NYSAFAH @theNYHC @NydiaVelazquez @RitchieTorres @NALHFAnews @NCSHAPGA
https://t.co/0YUDfc7ktn
The @USTreasury Federal Financing Bank–@HUDgov Risk-Share Program successfully provided low-cost capital to housing agencies, leading to the creation of ~25k #affordablehomes. @NydiaVelazquez & @SenGillibrand, thanks for spearheading the revival of this critical program! #SaveFFB
Whoa! Thanks for pointing this out @NYCHousing! Great example of why we need to #SaveFFB #ReviveFFB #SecuritizeGinnie! cc @CalHFA @TiaCalHFA @NCSHAPGA @NALHFAnews @barbarafields_ @KYHousing @MassHousing
Interesting fact: Alvista was the FIRST building funded under @hudgov’s Federal Financing Bank program that has underwritten more than 20,000 affordable homes nationwide.
FFB was recently allowed to expire 😢 but we’re working hard with our partners to advocate for its return!
ATTN #AffordableHousing advocates: The Federal Financing Bank & Risk-Sharing Program expired on 12/31/18. This partnership bw @USTreasury @HUDgov and HFAs financed 25k homes nationwide, more than 3K in NYC. We must fight to revive it! #SaveFFB
🚨EVERYONE!!! This could be it on #SaveFFB cuz it's not sounding good! If you don't want to lose a valuable tool for #AffordableHousing, call your Reps, HUD, Treasury ASAP! The Federal Financing Bank has created 25k homes nationwide. NYC will lose 1,000 homes/yr if it expires! 🚨
Big setback for #affordablehousing and taxpayers: Federal Financing Bank (FFB) to stop new commitments to fund FHA multifamily #risksharing loans. FFB funded 25,000+ units at low rates with no defaults. @HUDgov actually profited. #SaveFFB
#TBT to when @EricEnderlin of NYCHDC & Edwin King of @KYHousing wrote about the need to #SaveFFB, a true #WinWin for #AffordableHousing! Pls read&share - FFB set to expire 12/31 unless @HUDgov+@USTreasury extend it! https://t.co/4xdPn0vuv0
Big lesson from #AffordableHousing in 2018 - ADVOCACY WORKS Says @dianeyentel of @NLIHC at @theNYHC #BuildingMomentum policy symposium. Thanks 🙏 to everyone in this room+around the country for all your hard work to #SavePABs #SaveFFB more funding for @HUDgov!
Working on a Saturday’s not so bad when it’s with these guys talking all things #AffordableHousing! #NCSHA18 #lihtc #pabs #saveffb #hud (photo cred @housingMark thanks for the flattering angle!)
🚨🚨🚨This is exactly why it’s so important to #SaveFFB! The green line=FFB rates=lowest cost capital to create and preserve #affordablehousing #publichousing! We got a 3 month extension. Let’s make it clear that we need long term extension, too! 👀👀👀
Ready for tomorrow! See you at the @NALHFAnews 2018 Legislative Conference to talk about #PABs #LIHTC #HUD funding #SaveFFB and more on #AffordableHousing
TY 4 the letters, calls, fighting from inside to #SaveFFB! Federal financing bank & risk share program extended for 3 months! See article from @EricEnderlin @KYHousing to learn more on why this matters + stay tuned! @NYCHousing https://t.co/4xdPn0vuv0
Great news for HFAs! The FFB program has been extended through the end of 2018. #SaveFFB https://t.co/mnT830gzFZ
California shares the views presented perfectly in this OpEd by HFA Directors in New York and Kentucky. #SaveFFB
HUD must preserve the federal financing bank and risk-sharing program https://t.co/QHDyGWlfGE
New York joins Kentucky in calling on @HUDgov to extend the Federal Financing Bank Risk Sharing program for much needed #affordablehousing! #saveffb @NYCHousing @KYHousing @CalHFA https://t.co/4xdPn0vuv0
The FFB Risk-Share partnership between @HUDgov @USTreasury's Federal Financing Bank + State Housing Finance Agencies creates and preserves #affordablehousing across California (2,000 homes) and around the country (20,000 homes). The program will expire Sept. 30 unless we #SaveFFB
Update: 18 days left to #SaveFFB! Let’s make sure @HUDgov + @USTreasury know how critical this program is to #AffordableHousing nationwide! @NALHFAnews @HomeEverything @E_HousingPolicy @LISC_NYC @theNYHC @LynnePattonHUD @EricEnderlin @CalHFA @TiaCalHFA
⏰ The FFB housing program is set to expire in 19 days!
This @HUDgov-@UStreasury partnership is a powerful tool for creating #affordablehousing and has underwritten thousands of homes in NYC alone.
Read our explainer on why FFB is so important & what will happen if it ends!
Rep @NydiaVelazquez speaks to need to extend Federal Financing Bank & Risk Sharing Program @ HFS Hearing. This @HUDgov @USTreasury partnership financed 20k affordable homes nationwide. NYC could lose out on 1k homes next year if program not extended! #SaveFFB! H/T @mayakurien
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