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NCSHA Blogs

FHA Report Says Greater Clarity Needed on Down Payment Assistance Programs

The economic value of the Federal Housing Administrationโ€™s (FHA) Mutual Mortgage Insurance Fund (MMIF) improved in fiscal year (FY) 2018, according to FHAโ€™s 2018 Report to Congress.

IRS Publishes 2019 State Housing Credit and Private Activity Bond Cap Amounts

IRS issued Revenue Procedure 2018-57, providing 2019 per capita and small state minimum volume cap amounts for the Low Income Housing Tax Credit (Housing Credit) and Private Activity Bonds (PAB).

FHA Report Finds Health of Mortgage Insurance Fund Improving

The economic value of the Federal Housing Administrationโ€™s (FHA) Mutual Mortgage Insurance Fund (MMIF) improved in fiscal year (FY) 2018, according to FHAโ€™sย 2018 Report to Congress.

JCHS Report Highlights Housing Needs of Americaโ€™s Older Adult Population

On November 14, Harvard Universityโ€™s Joint Center for Housing Studies (JCHS) published โ€œHousing Americaโ€™s Older Adultsโ€ exploring the housing trends of older adults and identifying challenges that face this growing population.

FHFA Report Finds Progress in Developing Common MBS and Securitization Platform

The Government-Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac remain on track to begin issuing common mortgage-backed securities (MBS) on a common trading platform on June 3, according to a newย reportย from the Federal Housing Finance Agency (FHFA).

Treasury and IRS Plan Guidance on Income Averaging, Other Housing Credit- and Bond-Related Issues

On November 8, the Treasury Department (Treasury) and Internal Revenue Service (IRS)ย issued their 2018โ€“2019 Priority Guidance Plan (PGP)ย which lists guidance projects on which Treasury and IRS will focus during the 12-month period from July 1, 2018, to June 30, 2019.

NCSHA Releases Expanded Opportunity Zone Fund Directory

NCSHA released a significantly expanded second edition of itsย Opportunity Zone Fund Directorytoday, including details on 34 Qualified Opportunity Funds (QOFs) formed to attract Opportunity Zone investment.

FHFA Announces 2019 Multifamily Lending Caps for Fannie Mae and Freddie Mac

On November 6, the Federal Housing Finance Agency (FHFA)ย releasedย its 2019 multifamily lending caps for the Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac.

Freddie Mac Releases Three More White Papers in Duty-to-Serve Series

Freddie Mac has published three additional white pages in itsย โ€œDuty-to-Serveโ€ series, designed to examine efforts to encourage housing affordability and increase rental and homeownership opportunities in underserved markets.

FHFA Finds GSEs Met Most Affordable Housing Goals in 2017

According to the Federal Housing Finance Agency (FHFA)ย Annual Housing Report for 2018, released today, Fannie Mae met all its affordable housing goals in 2017, while Freddie Mac met its multifamily goals but had a mixed record on its single-family goals.