State HFAs have long recognized that helping homeowners, renters, and landlords save on energy supports their mission of housing affordability. The agencies administer federal weatherization funding for home energy upgrades in 16 states, drive higher energy performance in multifamily properties they finance in 21 states, and offer specialized funding for energy improvements to homes and […]
Read More… from Reports: State Housing Finance Agency Roles in Reducing Household Energy Costs
This September 25, 2023, letter, sent by NCSHA and other Housing Credit advocacy organizations to Secretary Vilsack, urges the Department of Agriculture to take actions to mitigate qualified contract early terminations of Housing Credit units that benefit from Section 538 multifamily housing loan guarantees. View Letter […]
This September 25, 2023, letter, sent by NCSHA and other Housing Credit advocacy organizations to Secretary Marcia L. Fudge, urges the U.S. Department of Housing and Urban Development (HUD) to take actions to mitigate qualified contract early terminations of Housing Credit units that benefit from HUD financing and Federal Housing Administration insurance. Read Letter […]
Read More… from NCSHA Letter to HUD on Early Termination of Qualified Contracts
On September 21, 2023, 184 local government officials, representing cities, counties, and other municipalities of all sizes across the country sent a letter to Congressional leadership supporting the Affordable Housing Credit Improvement Act (AHCIA) of 2023 (S. 1557 / H.R. 3238). This ACTION Campaign-led letter shows the wide local support for expanding and strengthening the Housing Credit, […]
On September 5, 2023, NCSHA responded to the U.S. Department of Housing and Urban Development’s proposed rule on Modernization of Engagement with Mortgagors in Default. NCSHA commended HUD’s efforts to expand communication methods between mortgagees and defaulted homeowners, suggesting this expansion will improve loss mitigation efforts and home retention. Additionally, NCSHA encouraged HUD to define ‘reasonable […]
Read More… from NCSHA Letter to HUD on Modernization of Engagement with Mortgagors in Default
The ACTION Campaign, led by NCSHA and Enterprise Community Partners, is partnering with the National League of Cities, the National Association of Counties, and Mayors & CEOs for U.S. Housing Investment to circulate this letter in support of the Affordable Housing Credit Improvement Act of 2023 (AHCIA, S. 1557 | H.R. 3238). ACTION partners and […]
On August 14, 2023, NCSHA responded to the Federal Housing Finance Agency’s May 15 request for input on Fannie Mae and Freddie Mac’s framework for pricing single-family mortgages. The letter urged FHFA, when adjusting the pricing framework, to balance the need for the government-sponsored enterprises (GSEs) to maintain adequate capital with their public missions to […]
Read More… from NCSHA Letter to FHFA on Fannie, Freddie Single-Family Loan Pricing Framework
In response to this request for input from the Federal Housing Finance Agency on tenant protections for enterprise-backed multifamily properties, NCSHA submitted these July 31, 2023, comments encouraging FHFA to protect tenants against displacement, rent increases, and possible evictions and to consider the potential impact of such protections on tenants, housing providers, lenders, and the […]
On July 31, 2023, NCSHA responded to the Federal Housing Finance Agency’s request for input on tenant protections for multifamily properties with mortgages backed by Fannie Mae and Freddie Mac. The letter highlighted the work state housing finance agencies are doing to address the issues tenants face with respect to the FHFA’s investigation to establish […]
