NCSHA Blogs
GAO Housing Credit Development Cost Study Illustrates State Efforts to Ensure Reasonable Costs and Recommends Additional Data Collection
Today, the U.S. Government Accountability Office (GAO) published its long-awaited report on Low Income Housing Tax Credit (Housing Credit) development costs, “Low-Income Housing Tax Credit: Improved Data and Oversight Would Strengthen Cost Assessment and Fraud Risk Management.”
Utah Homebuilder Announces National Prize for Innovations in Affordable Homeownership
Ivory Homes, the largest homebuilder in Utah, Tuesday announced it is holding a national contest to reward innovators who are working to alleviate the affordable housing crisis.
FHFA Proposed Rule Would Require GSEs to Align Policies to Facilitate Single Security
The Federal Housing Finance Agency (FHFA) on September 12 released a proposed rule that would mandate the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac work to align their policies and procedures that could impact the prepayment speeds of their mortgage-backed securities (MBS) in the to-be-announced market (TBA).
House Tax Leaders Unveil Tax Reform 2.0 Legislation
Yesterday, the House Ways and Means Committee released a package of three bills, which together are the House’s follow-on to last year’s Tax Cuts and Jobs Act.
HAC Report Describes Shortage of Affordable Rural Rental Housing
The Housing Assistance Council (HAC) Thursday published a report, “Rental Housing for a 21st Century Rural America: A Platform for Preservation,” discussing declining affordable rental housing options in rural areas.
NCSHA Releases Key Study of Housing Credit Development Costs
NCSHA released new independent research by Abt Associates on Housing Credit development costs across the nation.
Housing Subcommittee Holds Hearing on Multifamily Housing Development Regulatory Costs
On September 5, the House Financial Services Subcommittee on Housing and Insurance held a hearing on “The Cost of Regulation on Affordable Multifamily Development.”
House Committee Holds Hearing on Fannie/Freddie Conservatorship; Chairman Announces Bipartisan Reform Legislation
The House Committee on Financial Services Thursday held a hearing, titled A Failure to Act: How a Decade Without GSE Reform Has Once Again Put Taxpayers at Risk, to review the 10 years since Fannie Mae and Freddie Mac (GSEs) were placed under government conservatorship.
USDA Proposes Changes to Single-Family Loan Programs
USDA’s Rural Housing Service (RHS) today issued a proposed rule that would implement several changes to its single-family direct and guaranteed loan programs.
Federal Regulators Publish Rule to Classify Muni Bonds as High-Quality Liquid Assets
Federal banking regulators – the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation, and the Federal Reserve – published earlier today an interim final rule changing how municipal bonds are treated under federal liquidity standards.
