NCSHA Response to RFI on Potential Statutory Changes to the HOME Investment Partnerships Program
NCSHA sent this letter to Chairman Mike Flood and Ranking Member Emanuel Cleaver of the House Financial Services Committee Subcommittee on Housing and Insurance in response to a request for input on potential statutory changes to the HOME Investment Partnerships Program. Among NCSHA’s key recommendations are eliminating or modifying burdensome requirements like Buy America, Build America, Davis-Bacon prevailing wage, Section 3 compliance, and environmental reviews to reduce costs and administrative challenges. NCSHA also proposed changes to streamline program administration, increase funding flexibility, align HOME with other federal housing programs like the Low-Income Housing Tax Credit, and enhance support for nonprofit developers.
