On August 16, HUD released a proposed revision of its Disparate Impact Rule, which implements HUD’s interpretation of the Fair Housing Act’s Discriminatory Effects Standard, to better reflect the Supreme Court’s 2015 ruling in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc. […]
Read More… from HUD’s Implementation of the Fair Housing Act’s Disparate Impact Standard
Below is a statement from NCSHA strongly urging Congress to amend Section 238 of the House-passed FY 2020 HUD Appropriations bill, intended to respond to discrete issues related to public housing contracts, before enacting final FY 2020 HUD spending legislation. […]
Read More… from NCSHA Statement on Section 238 Language for FY 2020 Appropriations
This document is the Staff Statement on Opportunity Zones: Federal and State Securities Law Considerations from the staffs of the Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA), in which they provide a summary of the Opportunity Zones program that briefly discusses the program and describes the compliance implications for […]
Read More… from SEC and NASAA Staff Statement on Opportunity Zones
NCSHA’s State HFA Factbook is the best source of information on HFAs and their program activity. Users can now access and filter that valuable data online through the HFA Factbook Online: Data Visualization and Reports. NCSHA offered an orientation webinar in June 2019. Access the recording below. If you would like a personal tour, please […]
Read More… from NCSHA’s State HFA Factbook: Orientation Webinar
NCSHA sent this letter to the Department of Housing and Urban Development regarding its proposed rule on the Housing and Community Development Act of 1980: Verification of Eligible Status. NCSHA appreciates Secretary Carson’s stated desire to reduce waiting lists for housing assistance, but the proposed rule is not well designed to meet this goal and […]
Read More… from NCSHA Comment Letter on HUD Mixed-Status Proposed Rule
On July 1, 2019, NCSHA submitted comments to the Internal Revenue Service regarding the second tranche of IRS regulations related to implementation of the Opportunity Zone tax incentive. […]
On June 20, NCSHA sent a letter to House Ways and Mean Committee Chairman Richard Neal regarding H.R. 3301, Taxpayer Certainty and Disaster Relief Act of 2019, which provides additional resources to help California communities rebuild affordable housing destroyed by recent wildfires through additional Low Income Housing Tax Credits (Housing Credits). In the letter, NCSHA […]
Read More… from NCSHA Letter to Chairman Neal on Taxpayer Certainty and Disaster Relief Act of 2019
On June 17, NCSHA submitted recommendations to HUD Secretary Ben Carson for how HUD can use its existing authorities to promote public and private investments in affordable housing and community development activities in Opportunity Zones (OZ) and other economically distressed areas. […]
Read More… from NCSHA Letter on HUD Opportunity Zones Incentives
The A Call to Invest in Our Neighborhoods (ACTION) Campaign submitted comments to the Senate Finance Committee regarding their Task Force on Employment and Community Development, as it considers how to address expiring tax provisions under its jurisdiction. View Letter […]
