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December 13, 2011
NCSHA 2012 Business, Legislative, and Regulatory Priorities
NCSHA’s priorities, adopted annually by its Board of Directors after consultation with all state HFAs, set the agenda for NCSHA’s business development activities and advocacy before Congress, the Administration, and the federal agencies concerned with housing, including HUD, USDA, and the Treasury.

Federal Register: Section 42 Qualified Contract Provisions
Final regulations on Housing Credit qualified contracts, providing guidance on taxpayer requests to a Housing Credit agency to obtain a qualified contract for acquisition of a low-income building. This guidance replaces proposed IRS regulations issued in June, 2007.
NCSHA Comments on HUD's Rental Assistance Demonstration (RAD)
State HFAs are dedicated to financing and preserving affordable rental housing for low-income residents. As housing providers, they have a strong interest in the opportunity presented by RAD to help preserve at-risk affordable housing, support rehabilitation, and extend affordability by converting public and other HUD-assisted properties to long-term, project-based Section 8 rental assistance.

Eligible Extenders List, 2012
2012 Q&A on Project-Based Section 8 Rental Assistance
Project-based Section 8 rental assistance (PBRA) contracts provide subsidies for affordable multifamily rental developments to lower rental costs for low-income families and to help offset construction, rehabilitation, and preservation costs.

Discussion Draft of Federal Housing Administration Solvency Bill
This is the discussion draft of legislation taken up by the House Financial Services Committee’s Subcommittee on Insurance, Housing, and Community Opportunity. The bill is designed to help ensure the fiscal solvency of the Federal Housing Administration’s (FHA) single-family mortgage insurance program. The legislation is intended to reduce the risk that the FHA could require a taxpayer bailout.
NCSHA’s Proposal to Eliminate Prohibition on Ginnie Mae Securitization of Risk-Sharing Loans
This proposal enhances efforts of state Housing Finance Agencies (HFA) to develop and preserve assisted multifamily housing by authorizing the Government National Mortgage Association (Ginnie Mae) to securitize any FHA risk-share multifamily loans under the same terms and conditions as if the loan were insured under the National Housing Act.

NCSHA 2012 Business, Legislative, and Regulatory Priorities
NCSHA’s priorities, adopted annually by its Board of Directors after consultation with all state HFAs, set the agenda for NCSHA’s business development activities and advocacy before Congress, the Administration, and the federal agencies concerned with housing, including HUD, USDA, and the Treasury.
NCSHA Comment Letter on Qualified Contract Provisions
NCSHA's 2007 comments to IRS on Housing Credit qualified contract provisions.

NCSHA Letter in Support of Legislation Allowing for Ginnie Mae Securitizations of FHA-HFA Risk-Sharing Program Loans
NCSHA’s letter urging the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity to support legislation allowing Ginnie Mae to securitize loans financed through the FHA-HFA Risk-Sharing program.
NCSHA Testimony Before House Financial Services Committee on GSE Reform
On April 14, NCSHA Board Member Tom Gleason testified on GSE reform before the House Financial Services Committee.