This first-of-its-kind report analyzes the program’s economic impact in all 50 states and features over 100 HOME Success Stories from communities across the nation. […]
NeighborWorks | National Foreclosure Mitigation Counseling Program Congressional Report 2015
The National Foreclosure Mitigation Counseling (NFMC) Program was launched in December 2007 with funds appropriated by Congress to address the nationwide foreclosure crisis by dramatically increasing the availability of housing counseling for families at risk of foreclosure. In just over seven and a half years, the NFMC Program has served more than 1.9 million homeowners at risk of foreclosure and helped build the nation’s foreclosure counseling capacity. […]
Joint Center for Housing Studies of Harvard University | Projecting Trends in Severely Cost-Burdened Renters: 2015–2025
At last measure in 2013, over one in four renters, or 11.2 million renter households, were severely burdened by rents that took up over half their incomes. Building off these projections, this white paper projects how many households would be severely rent burdened by 2025 given demographic trends and under differing assumptions about real changes in income and rent levels. […]
IRC §42, Low-Income Housing Credit Audit Technique Guide
This Audit Technique Guide provides guidance to IRS auditors involved in oversight of the Low Income Housing Tax Credit program participants. The document is not an official pronouncement of the law or the position of the Service and cannot be used, cited, or relied upon as such. The guide is current through the revision date. […]
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Mortgage Bankers Association | Housing Demand Demographics and the Numbers Behind the Coming Multi-Million Increase in Households
This study, utilizing a comprehensive analysis of data from 1976-2014, a period encompassing several market and housing cycles, provides a projection of much stronger housing demand over the next decade. […]
NCSHA Comments to IRS on 2015-2016 Priority Guidance Plan
As the Washington representative of the agencies that administer the Housing Credit and Bond programs, including the Mortgage Credit Certificate program, in all 50 states, the District of Columbia, New York City, Puerto Rico, and the U.S. Virgin Islands, the National Council of State Housing Agencies (NCSHA) appreciates the Treasury Department’s and IRS’ expert oversight of these programs, your continued cooperative attitude toward NCSHA and state housing agencies, and your timely provision of program guidance. […]
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Technical Assistance Collaborative | Creating New Integrated Permanent Supportive Housing Opportunities For ELI Households
The long-awaited activation of the National Housing Trust Fund (NHTF) program, which will primarily be targeted to rental housing for extremely low-income (ELI) households, represents an important new opportunity for states to begin shaping the future of our nation’s ELI housing policies, including a robust expansion of integrated permanent supportive housing (PSH) units for the most vulnerable ELI populations. […]
Hultgren-Ruppersberger Congressional Sign-on Letter to House Leaders on Municipal Bonds
On April 15, more than 120 members of the U.S. House of Representatives signed onto a letter last week urging House Speaker John Boehner (R-OH) and Minority Leader Nancy Pelosi (D-CA) to reject proposals that would eliminate or diminish the tax-exempt status of municipal bonds. […]
National Association of Home Builders | The Economic Impact of Home Building in a Typical Local Area
Home building generates substantial local economic activity, including new income and jobs for residents, and additional revenue for local governments. The National Association of Home Builders has developed a model to estimate these economic benefits. This report presents separate estimates of the local area impacts of building 100 single-family homes, 100 rental apartments and $1 million worth of spending on residential remodeling. […]