NCSHA COVID-19 Blogs, News, and Resources
The most recent NCSHA blogs, news, resources, statements, and talking points for HFAs are available below. For a curated compilation of COVID-19 information, guidelines, and notices published by state HFAs, the Administration, HUD, and other federal agencies, please visit the COVID-19 Resources and Updates Center.
HUD Guidance on CDBG Coronavirus Response Grants and FY 2019 and FY 2020 CDBG and Other Formula Programs Related to the CARES Act
This notice describes the program rules, statutory and regulatory waivers, and alternative requirements applicable to supplemental Community Development Block Grant (CDBG) funds made available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to prevent, prepare for, and respond to the coronavirus pandemic and to annual formula CDBG grants awarded in FY 2019 and FY 2020.
On August 8, President Trump issued an Executive Order to address COVID-19-related challenges for renters and homeowners. The E.O. directs a number of federal agencies, including the Department of Housing and Urban Development and the Department of Treasury, to consider actions to prevent eviction and foreclosure. However, it does not include specific policy changes.
Washington - The U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced $472 million in CARES Act funding to help low income families during the coronavirus...
For decades, state housing finance agencies have stepped up as first housing assistance responders to disasters and emergencies. From sudden hurricanes, floods, and wildfires to sustained...
This matrix shows critical components of state HFA emergency rental assistance programs established in response to the COVID-19 pandemic.
This document tracks the members of Congress who have cosponsored the Emergency Rental Assistance and Rental Market Stabilization Act (S. 3685/H.R. 6820).
This document tracks the members of Congress who have cosponsored the Housing Assistance Fund (S. 3620) and the Homeowner Assistance Fund (H.R. 6729).
“Interest in housing as a determinant of health has fluctuated in response to housing-related infectious disease outbreaks (e.g., cholera in New York City in the 1830s), social unrest and class...
Bipartisan House Sign-On Letter Supporting Housing Credit Provisions in Coronavirus Relief Legislation
This letter, signed by 103 members of the House of Representatives from both parties, urges House leadership to prioritize an increase in the Housing Credit volume cap, establishment of a minimum 4 percent rate for bond-financed Housing Credit developments, basis boosts for certain properties, and lowering the “50 percent Test” threshold for triggering Housing Credit equity in bond-financed properties.
On May 21, HUD updated its Questions and Answers for Office of Multifamily Housing Stakeholders on addressing concerns related to the Coronavirus (COVID-19).
On March 23, NCSHA sent a letter to the Internal Revenue Service outlining the steps state Housing Credit allocating agencies and the Housing Credit industry need IRS to take to extend program deadlines and provide other accommodations in light of the severe disruptions the COVID-19 pandemic is having on development and construction activities and the ongoing operations of existing Housing Credit properties. This matrix compares the accommodations NCSHA is requesting to those allowed under existing IRS Revenue Procedures 2014-49 and 2014-50, which provide relief in instances of Presidentially-declared Major Disasters, and to recent IRS Notice 2020-23, which extends certain program deadlines until July 15, 2020.
Senate Republicans Unveil Coronavirus Relief Plan, Setting Stage for Negotiations with House Democrats
On July 27, Senate Majority Leader Mitch McConnell (R-KY) began releasing a series of bills that together constitute the Republicans’ proposal for the next coronavirus relief package. The approximately $1 trillion proposal is the result of lengthy negotiations with the White House and internal discussions among Senate Republicans, yet reportedly some Republican Senators may still not support the plan.