NCSHA Blogs
Ways and Means Chairman Releases Broad Framework for Tax Legislation Following Up on 2017’s Reforms
Earlier today, House Ways and Means Chairman Kevin Brady (R-TX) released a framework outlining key goals for tax legislation he intends to introduce this Fall as a follow up to the tax reform legislation enacted in December, 2017.
Banking Committee Considers Kraninger Nomination to Head CFPB
The Senate Banking Committee last week held a hearing to consider the nomination of Kathleen Kraninger to serve as Director of the Consumer Financial Protection Bureau (CFPB).
Senator Harris Introduces Renters’ Tax Credit Legislation
On July 19, Senator Kamala Harris (D-CA) introduced The Rent Relief Act of 2018, S. 3250, to provide renters with a refundable credit against their federal tax liability for the rent and utilities they pay in excess of 30 percent of their gross annual income.
FY 2018 Capital Magnet Fund Application Round Now Open
On July 18, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the Fiscal Year (FY) 2018 funding round for the Capital Magnet Fund (CMF).
Senators Introduce Bipartisan Legislation to Create Affordable Housing Task Force
On July 18, Senator Todd Young (R-IN) introduced S.3231, the Task Force on the Impact of Affordable Housing Crisis Act.
Children’s HealthWatch Study Finds Avoidable Health and Education Costs Incurred Due to Unstable Housing
Children’s HealthWatch, a nonpartisan network of pediatricians, public health researchers, children’s health and policy experts, finds that good health begins at home, not at a doctor’s office.
HUD Releases Housing Counseling NOFA for FY 2018
The U.S. Department of Housing and Urban Development (HUD) July 3 issued a Notice of Funding Availability (NOFA) for its Housing Counseling Grant program for fiscal year (FY) 2018.
Secretary Carson Testifies on HUD Oversight with House Financial Services Committee
On June 27, the House Financial Services Committee held a hearing titled, “Oversight of the Department of Housing and Urban Development,” in which HUD Secretary Ben Carson testified and responded to questions regarding the status and funding for HUD programs.
White House Proposes Federal Government Reorganization
The Trump Administration last week released a comprehensive plan for reorganizing the executive agencies of the federal government. It includes several provisions impacting federal housing and community development programs.
JCHS Report Describes Serious Affordable Housing Challenges
In June 2018, Harvard University’s Joint Center for Housing Studies (JCHS) released its annual report, The State of the Nation’s Housing 2018. The report examines the state of the housing market in 2018, finding that while the housing market improved in many respects over the last year, an increasing amount of low- and moderate-income families lack access to affordable housing options and homeownership is becoming less affordable.
