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.
Treasury Announces $30 Billion in Emergency Rental Assistance Spent or Obligated with Over 4.7 Million Payments Made to Households Through February 2022
WASHINGTON — The U.S. Department of the Treasury announced today that through February 2022, state and local Emergency Rental Assistance (ERA) grantees have made over 4.7 million payments to...
Biden Administration’s FY 2023 Budget Request
On March 28, 2022, the Biden Administration submitted to Congress the President’s Budget for Fiscal Year 2023. The budget request totals $5.8 trillion and outlines the Biden Administration’s fiscal priorities, including for HUD and USDA housing programs.
NCSHA’s Analysis of the Biden Administration’s FY 2023 Budget Request
This resource is NCSHA’s analysis of the Biden Administration’s Fiscal Year 2023 Budget Request. The $5.8 trillion budget outlines the Biden Administration’s fiscal priorities, including for U.S. Department of Housing and Urban Development and U.S. Department of Agriculture housing programs.
Statement by HUD Secretary Fudge on the President’s Fiscal Year 2023 Budget
Budget Proposes Transformational Investments to Support Underserved Communities and Equitable Community Development, Increase Access to and Production of Affordable Housing, Promote Homeownership and...
NCSHA Washington Report | March 25, 2022
Sarah Bloom Raskin’s withdrawal last week of her nomination to become vice chair of the Federal Reserve due to Senate Banking Committee Republicans’ and Senator Manchin’s objections to...
Senators’ Letter to Treasury on ERA 2 Reallocation Policy
A bipartisan group of 12 Senators led by Joe Manchin (D-WV) and Shelley Moore Capito (R-WV) sent this March 23 letter to the Treasury Department requesting that every state and locality that has a plan to expend their ERA 2 funding by the statutory deadline in 2025 should have access to the full funding levels initially allocated by Congress.
Characteristics of Mortgage Borrowers During the COVID-19 Pandemic: CFPB Office of Research Special Issue Brief
On March 23, 2022, the Consumer Financial Protection Bureau (CFPB) released a new COVID-19 Special Issue Brief exploring the characteristics, including demographics, of mortgage borrowers in forbearance or delinquent during the COVID-19 pandemic. The report, an update on the May 2021 release, includes new data for mortgage borrowers who remained in forbearance in January 2022.
IRS Revenue Procedure 2022-20: Guidance on Telephonic Public Hearings for Tax-Exempt Bonds, Housing Credit QAPs
On March 18, the Internal Revenue Service issued Revenue Procedure 2022-20 providing permanent authority to conduct telephonic public hearings for tax-exempt private activity bonds and Housing Credit...
NCSHA Washington Report | March 11, 2022
In passing a bill to fund the federal government’s current fiscal year five months late, Congress this week also reauthorized an essential law for the first time in almost a decade: the...
Treasury, HUD Celebrate American Rescue Plan Housing Program Achievements on Law’s First Anniversary
Today marks the one-year anniversary of the enactment of the American Rescue Plan Act, which authorized the second infusion of resources into the Emergency Rental Assistance program (initially authorized and funded under the Consolidated Appropriations Act of 2021) and established the Homeowner Assistance Fund, the Coronavirus State and Local Fiscal Recovery Fund, the HOME-ARP program for housing and services assistance to households experiencing and at risk of homelessness, and Emergency Housing Vouchers program. In celebration of the law’s anniversary, the Department of the Treasury and the Department of Housing and Urban Development released fact sheets on the impact the law has had.
FACT SHEET: The Impact of the American Rescue Plan after One Year
One year after President Biden signed the American Rescue Plan Act into law, our country is in the midst of one of the strongest periods of economic growth in a century. Enacted during a severe...
Homeownership Assistance Fund Directory
The Homeowner Assistance Fund (HAF) is a $9.961 billion federal program to help households who are behind on their mortgages and other housing-related expenses due to the impacts of COVID-19. HAF provides funding to states, tribes, territories, and the District of Columbia to assist these homeowners. This directory presents key components of individual state HAF programs. To find a program in your area, visit the Homeownership Assistance Fund Program page.
