NCSHA submitted a letter to the U.S. Department of Agriculture, on behalf of the state Housing Finance Agencies, regarding the department’s request for information on the maximum interest rate for single-family loans insured through USDA’s Single Family Housing Guaranteed Loan Program (SFHGLP). View Document […]
Read More… from NCSHA Comments to USDA on Maximum Interest Rate Proposed Rule
NCSHA submitted a letter to the U.S. Department of Agriculture regarding the opportunity to respond the their proposed rule that would amend the loss claims and loss mitigation processes for loans originated through USDA’s Single Family Housing Guaranteed Loan Program. NCSHA believes that the proposed changes could help expedite the loss claims process, reduce costs […]
Freddie Mac released this white paper,”LIHTC in Indian Areas,” 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 […]
Freddie Mac released this white paper,”LIHTC in Middle Appalachia,” 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 […]
At NCSHA’s 2018 Annual Conference, NCSHA’s Opportunity Zone Focus Group approved a letter to the Internal Revenue Service requesting guidance on implementation of Opportunity Zone (OZ) provisions in the recently enacted Tax Cuts and Jobs Act of 2017. The letter encourages IRS to provide guidance clarifying that residential real estate property qualifies as OZ property, […]
Read More… from NCSHA Guidance Request Letter to IRS on Opportunity Zones
October 19, 2018, the Treasury Department released proposed regulations providing guidance on the Opportunity Zone (OZ) provisions of Internal Revenue Code section 1400Z-2. The proposed regulations address the type of gains that may be deferred by qualified opportunity fund (QOF) investors, the time by which corresponding amounts must be invested in QOFs, and the manner […]
Read More… from IRS Proposed Regulations: Investing In Qualified Opportunity Funds, October 2018
On October 18, 2018, the Treasury Department released proposed regulations providing guidance on the Opportunity Zone (OZ) provisions of Internal Revenue Code section 1400Z-2. The proposed regulations address the type of gains that may be deferred by qualified opportunity fund (QOF) investors, the time by which corresponding amounts must be invested in QOFs, and the manner in which […]
Senate Finance Committee member Dean Heller (R-NV) introduced the Seniors Affordable Housing Tax Credit Act, S. 3580, which would establish a tax credit for owners of multifamily rental property who agree to rent to extremely low-income seniors. The tax credit would cover the difference between the senior household’s rent payment, at the lesser of 30 percent […]
Read More… from S. 3580 Seniors Affordable Housing Tax Credit Act
Examine successful HFA initiatives that have fortified relationships with originators and other homeownership partners. Get direct feedback from industry partners about the challenges and benefits of working with HFA single-family programs and opportunities for future partnerships. Discuss how HFAs can work together to increase lender involvement in HFA programs. DISCUSSION LEADER Paige Omohundro, Business Development […]
Read More… from Strengthening Relationships with Single-Family Partners (AC18)
