On November 19, NCSHA sent a letter to the Office of the Comptroller of the Currency regarding their September 5 Advanced Notice of Proposed Rulemaking (ANPR), seeking public input on possible amendments to its Community Reinvestment Act (CRA) regulations. View Document […]
Read More… from NCSHA Comments on OCC CRA Advanced Notice of Proposed Rulemaking
IRS issued Revenue Procedure 2018-57, providing 2019 per-capita and small state minimum volume cap amounts for the Low Income Housing Tax Credit (Housing Credit) and Private Activity Bonds (PABs). The Housing Credit ceiling for 2019 is the greater of roughly $2.76 (specifically, $2.75625) multiplied by the state population or $3,166,875. This is a $.05 increase over […]
Codifies VAWA core protections across covered HUD programs to ensure individuals are not denied assistance, evicted, or have their assistance terminated because of their status as victims of domestic violence, dating violence, sexual assault and stalking, or for being affiliated with a victim. […]
On November 8, the Treasury Department (Treasury) and Internal Revenue Service (IRS) issued their 2018-2019 Priority Guidance Plan (PGP) which lists guidance projects on which Treasury and IRS will focus during the twelve-month period from July 1, 2018 to June 30, 2019. The PGP includes several guidance projects related to the Low Income Housing Tax […]
On December 20, NCSHA sent a letter to the Internal Revenue Service (IRS) regarding their September 27 proposed rule concerning public approval requirements for tax-exempt Private Activity Bonds (PABs). NCSHA sent this letter on behalf of the state Housing Finance Agencies (HFAs), and commends IRS for updating the public approval requirements for PABs to reflect […]
Read More… from NCSHA Comments on IRS PAB Public Approval Requirements
NCSHA and IRS Webinar on forms submission process for IRS Forms 8909, 8610, 9610 Schedule A, and 8823. NCSHA and IRS Webinar on forms submission process for IRS Forms 8909, 8610, 9610 Schedule A, and 8823. George Lydford’s slides and notes IRS responses to HFA form submission questions. […]
The following letter, signed by NCSHA and over forty other organizations and community groups, was sent to Secretary Ben Carson of the Department of Housing and Urban Development (HUD) from the Campaign for Housing and Community Development Funding, to request robust funding levels for housing and community development programs for the fiscal year (FY) 2020 […]
Freddie Mac released this white paper,”Opportunity Incentives in LIHTC Qualified Allocation Plans,” as a part of an eight-part series highlighting use of the Low Income Housing Tax Credit program in underserved markets. The series is part of Freddie Mac’s Duty-to-Serve plan to expand rental and homeownership opportunities in historically underserved markets. View Document […]
Read More… from Freddie Mac | Opportunity Incentives in LIHTC Qualified Allocation Plans
Freddie Mac released this white paper,”Mixed-Income Housing in Areas of Concentrated Poverty,” as a part of an eight-part series highlighting use of the Low Income Housing Tax Credit program in underserved markets. The series is part of Freddie Mac’s Duty-to-Serve plan to expand rental and homeownership opportunities in historically underserved markets. View Document […]
Read More… from Freddie Mac | Mixed-Income Housing in Areas of Concentrated Poverty
