What is Project-Based Section 8 Rental Assistance? | Whom does PBRA serve? | Why is PBRA necessary? | How does PBRA work? | What is the economic impact of PBRA? | Who administers PBRA? | What is the current funding level for PBRA? | What should Congress do to improve PBRA? […]
Read More… from Project-Based Section 8 Rental Assistance FAQs
NCSHA and several other leading affordable housing groups signed this February 16, 2024, letter urging the Biden Administration to extend indefinitely the Federal Financing Bank (FFB) funding for FHA multifamily risk-sharing mortgages (FFB Risk-Sharing program). The FFB Risk-Sharing program provides affordable mortgage capital to housing finance agencies to help them finance the production and preservation […]
Housing Trust Fund (HTF) allocations from 2016 to 2023 listed by state. […]
Read More… from Housing Trust Fund (HTF) Allocations by State, 2016-2023
Below are the NCSHA’s key congressional committee rosters for the current Congress. For specific committee websites, see links below. Highlighted Committees and Subcommittees: House Financial Services Committee House Financial Services Subcommittee on Financial Institutions House Financial Services Subcommittee on Capital Markets House Financial Services Subcommittee on Housing and Insurance Senate Banking, Housing, and Urban Affairs […]
On February 12, 2024, NCSHA submitted comments to the U.S. Department of Housing and Urban Development on proposed changes to the methodology used for calculating income limits that apply to Section 8, Housing Credit, and other affordable housing programs. In our comments, NCSHA supported the proposed changes overall but encouraged HUD to explore the impact […]
Read More… from NCSHA Comments on HUD’s Proposed Methodology Changes for Calculating Income Limits
Below is NCSHA’s list of HFA’s Administering the National Housing Trust Fund (HTF) from 2016 to present. View List […]
Read More… from NCSHA List of HFAs Administering HTF from 2016 to Present
In this letter, 37 state Housing Finance Agencies (HFAs) asked House and Senate Appropriations Committee leaders to preserve in any final FY 2024 HUD appropriations legislation the project-based rental assistance contract administration (PBCA) language contained in the Senate-passed FY 24 HUD appropriations bill. This general provision would allow HUD to continue its longstanding partnership with […]
IRS Revenue Ruling 2024-05 holds that if one or more of a State’s allocations, under section 305 of the Taxpayer Certainty and Disaster Tax Relief Act of 2020, to qualified disaster zones in 2021 or 2022 are returned after 2022, then the returned housing credit dollar amounts are part of the overall Returned Credit Component […]
On February 7, 2024, NCSHA led 120 national and statewide affordable housing and community development organizations in a letter sent to Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell expressing strong support for the affordable housing supply investment included in the bipartisan, bicameral Tax Relief for American Families and Workers Act. View […]
Read More… from Sign-On Letter Supporting Tax Bill Housing Provisions Sent to Senate Leaders
