NCSHA Blogs
SEC Establishes Additional Disclosures for Municipal Securities
The U.S. Securities and Exchange Commission (SEC) yesterday released a final rule that increases HFAs’ and other municipal bond issuers’ disclosure obligations.
NCSHA Urges HUD to Clarify Disparate Impact Rule
On August 16, NCSHA submitted comments to HUD on the agency’s 2013 Disparate Impact Final Rule, which implements the Fair Housing Act’s discriminatory effects standard.
Essent Publishes 2018 First-Time Homebuyer Study
Private mortgage insurer Essent recently published a study detailing the needs and preferences of younger first-time homebuyers.
HUD Seeks Public Comment on Affirmatively Furthering Fair Housing Regulation
Earlier today, HUD issued a press release stating its intention to reopen for public comment its 2015 final rule on Affirmatively Furthering Fair Housing (AFFH) and made available a pre-publication of an Advance Notice of Proposed Rulemaking, which HUD will soon officially publish in the Federal Register.
Senator Booker Introduces Legislation Establishing Renters’ Credit and Affordable Housing Planning Requirements
On August 1, Senator Cory Booker (D-NJ) introduced the Housing, Opportunity, Mobility, and Equity Act of 2018, S. 3342, which would establish new Consolidated Plan (Con Plan) requirements, enact a refundable tax credit for renter households, and set up an optional savings program for renters that receive the renters credit established by the bill.
Senate Passes FY 2019 HUD and USDA Funding Bills
The Senate on August 1 voted 92-6 to approve a four-bill “minibus” spending package including the Fiscal Year (FY) 2019 Transportation, Housing and Urban Development (THUD) and Agriculture (USDA) bills.
FHFA Extends Comment Period for Proposed GSE Capital Standards
The Federal Housing Finance Agency (FHFA) announced today it is extending the comment period for a proposed rule that would establish new capital requirements for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.
Senate Passes Flood Insurance Extension
The U.S. Senate earlier today passed legislation, S. 1182, extending the National Flood Insurance Program (NFIP) through November 30.
House Votes to Extend Federal Flood Insurance Program Through November 30
The U.S. House of Representatives yesterday voted to extend the authorization for the National Flood Insurance Program (NFIP) for four months through November 30. The program is set to expire on July 31.
Banking Committee Considers Ginnie Mae, HUD OIG Nominees
The Senate Banking Committee earlier today held a hearing to examine nominees for two key HUD positions: Michael Bright to serve as President of Ginnie Mae and Rae Oliver Davis to serve as HUD’s Inspector General (IG).
