In the event of a Presidentially Declared Disaster (PDD), federal agencies such as HUD and Treasury may waive certain program requirements in disaster-impacted areas. Different rules apply to different programs and in some cases states must make formal application to the appropriate federal agency. The resources below are designed to help HFAs navigate the procedures for obtaining disaster relief amongst the various federal housing programs.
To qualify for disaster relief, the federal government must first issue a disaster declaration for an area or areas within your state. The Federal Emergency Management Agency (FEMA) website will help you determine if your state has received a federal disaster declaration.
NCSHA has organized helpful resources under the following headers:
- U.S. Treasury/Internal Revenue Service
- Housing and Urban Development
- U.S. Department of Agriculture
- Assistance to Individuals and States
- State Disaster Relief Programs
- To find local housing assistance, please contact your state’s Housing Finance Agency (HFA).
- To learn more about NCSHA’s advocacy work in this area or to attend a related education event, complete the general inquiry form.
- Members of the media, please contact Lisa Bowman, Director of Marketing and Communications, at email@example.com.
In the event of a PDD and upon the request of a State Housing Credit allocating agency, the IRS may issue a notice suspending certain Housing Credit program requirements for owners that provide temporary housing to individuals residing in certain major disaster areas who have been displaced because their residences have been destroyed or damaged as a result of the disaster.
- Revenue Ruling 96-35: Characterization of FEMA Assistance to Qualified Low-Income Buildings
- Revenue Procedure 2007-54: Temporary Relief from Certain Requirements of Section 42 for Housing Credit Properties in Major Disaster Areas
- IRS Chief Counsel Advice Memorandum (CCA200913012): Issues Arising when Qualified Low-Income Buildings are Damaged by Casualty
Tax Exempt Bonds:
In the event of a PDD, the IRS may postpone certain requirements of the tax exempt bond program for disaster-impacted areas.
HUD provides a variety of disaster resources with rules that vary depending on the program. The following link provides guidance for dealing with disaster-impacted properties funded through FHA, Ginnie Mae, Public and Indian Housing, HOME, CDBG, and for maintaining compliance with the Fair Housing Act.
Chapter 38 of the HUD Handbook 4350.1, Multifamily Asset Management and Project Servicing, covers the many different aspects of servicing multifamily properties that were damaged or vacated as a result of a PDD.
National Housing Locator System (NHLS):
HUD’s NHLS is a response to lessons learned from Hurricane Katrina and related disasters. The NHLS is a searchable, web-based clearinghouse of available rental housing nation-wide. It allows HUD and its business partners, in particular State Housing Authorities, Public Housing Authorities, and critical First Responders, to deliver housing assistance by rapidly locating rental housing and available government-owned single family homes for sale during an emergency.
In areas affected by natural disasters, USDA can help existing Rural Development borrowers who are victims of a disaster. The links below provide information on disaster assistance options:
USDA maintains a Multi-Family Housing Rentals search website for individuals and families looking for rental housing.
If the federal government makes assistance available directly to individuals after a disaster, the following website provides information on obtaining help before, during and after a disaster: http://www.disasterassistance.gov/
In addition, tax relief may be available to individuals and businesses in the event of a disaster:
To assist State, Tribal, and local governments, FEMA administers a Public Assistance (PA) Grant program to help communities to quickly respond to and recover from major disasters or PDDs. Through the PA program, FEMA provides supplemental Federal disaster grant assistance for debris removal, emergency protective measures, and the repair, replacement, or restoration of disaster-damaged, publicly owned facilities and the facilities of certain Private Non-Profit (PNP) organizations. The PA Program also encourages protection of these damaged facilities from future events by providing assistance for hazard mitigation measures during the recovery process.
The following link provides further information about the PA program:
In addition to federal assistance, States have created their own disaster relief programs including forms and procedures that may be helpful to other states. Examples of these are provided below:
- Alabama Housing Finance Authority – Disaster Relief
- Florida Housing Finance Corporation – Center for Disaster Information
- Louisiana Housing Corporation – Disaster Recovery
- Minnesota Housing – Quick Start Disaster Recovery Program
- Texas Department of Housing and Community Affairs – Disaster Relief Resources
- April 12, 2018NCSHA Recommends Improvements to IRS Housing Credit Disaster Relief Guidance
NCSHA sent comments to the IRS on how it can improve its Low Income Housing Tax Credit (Housing Credit) disaster relief guidance provided in Revenue Procedures 2014-49 and 2014-50. NCSHA’s letter is in response to IRS’s request for comments in Notice 2018-17, which also provided additional guidance on Housing Credit disaster relief specific to Puerto Rico’s recovery from Hurricane Maria.
- February 9, 2018HUD Releases CDBG-DR Notice for 2017 Disasters
On February 9, HUD published in the Federal Register a notice allocating and providing guidance on the use of $7.39 billion in Community Development Block Grant disaster recovery (CDBG-DR) funds to certain states and territories impacted by the 2017 hurricanes.
- February 9, 2018Congress Passes Budget Deal, New Stopgap Funding
President Trump this morning signed a two-year bipartisan budget agreement lifting the caps on federal spending for FY 2018 and FY 2019 by almost $300 billion and extending current funding levels until March 23 so that Appropriators will have time to write final FY 2018 spending bills using the new caps.
Disaster Relief - Resources
- April 12, 2018NCSHA Comments on IRS Notice 2018-17
On April 12th, 2018 NCSHA sent comments to the IRS on how it can improve its Low Income Housing Tax Credit (Housing Credit) disaster relief guidance provided in Revenue Procedures 2014-49 and 2014-50.
- May 19, 2017House Financial Services Committee’s Proposed National Flood Insurance Program Reauthorization Bill Summary
House Financial Services Committee's Proposed National Flood Insurance Program Reauthorization Bill Summary