NCSHA Blogs
NCSHA Urges OCC to Ensure CRA Continues to Support Housing Credit and Bond Investments
Any changes made to the Community Reinvestment Act regulations should encourage banks to continue investing in Housing Credits and Housing Bonds, NCSHA argues in a comment letter submitted yesterday to the Office of the Comptroller of the Currency.
FHA Report Says Greater Clarity Needed on Down Payment Assistance Programs
The economic value of the Federal Housing Administration’s (FHA) Mutual Mortgage Insurance Fund (MMIF) improved in fiscal year (FY) 2018, according to FHA’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 Administration’s (FHA) Mutual Mortgage Insurance Fund (MMIF) improved in fiscal year (FY) 2018, according to FHA’s 2018 Report to Congress.
JCHS Report Highlights Housing Needs of America’s Older Adult Population
On November 14, Harvard University’s Joint Center for Housing Studies (JCHS) published “Housing America’s Older Adults” 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 new report 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) issued their 2018–2019 Priority Guidance Plan (PGP) 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 its 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) released 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 its “Duty-to-Serve” series, designed to examine efforts to encourage housing affordability and increase rental and homeownership opportunities in underserved markets.
