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NCSHA Comments to HUD on Modernizing the Delivery of Housing Counseling Services

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On December 20, 2023, NCSHA sent this letter to the U.S. Department of Housing and Urban Development (HUD) in response to a request for comment on the Proposed Rule, “Modernizing the Delivery of Housing Counseling Services,” published on November 1, 2023. NCSHA expressed support for HUD’s efforts to permanently authorize the use of telephonic and […]

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Treasury Department Interim Final Rule to Amend ‘Obligation’ in SLFRF Regulations

United States Department of the Treasury

On November 20, 2023, the Treasury Department issued an interim final rule to amend the definition of ’obligation’ set forth in Coronavirus State and Local Fiscal Recovery Fund (SLFRF) regulations and to give additional flexibility and clarity to recipients to support their use of SLFRF funds. The rule does not alter the eligible use categories […]

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Workforce Housing Tax Credit Act

This legislation would enact a Middle-Income Housing Tax Credit to incentivize private-sector investment in rental housing for households earning between 60 and 100 percent of area median income. The bill’s sponsors are Senators Ron Wyden (D-OR) and Dan Sullivan (R-AK) and Representatives Jimmy Panetta (D-CA) and Mike Carey (R-OH). View Document […]

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NCSHA Comments to FHFA on Modified GSE Duty-to-Serve Plans

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On December 6, 2023, NSHA submitted the attached commented letter in response to a Federal Housing Finance Agency (FHFA) request for input on changes Fannie Mae and Freddie Mac proposed to their Duty-to-Serve Underserved Market Plans. The letter conveys opposition to Freddie Mac’s proposal to reduce the Housing Credit equity purchase goal for 2023. NCSHA also […]

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