On July 26, 2023, NCSHA sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra regarding the proposed rule on Residential Property Assessed Clean Energy Financing (R-PACE). The letter urges the CFPB to add a requirement to the rule directing R-PACE financiers to report R-PACE financings to credit bureaus and to a homeowner’s mortgage […]
Read More… from NCSHA Letter to CFPB on R-PACE Proposed Rule
On July 21, 2023, NCSHA submitted the attached comments to the Federal Housing Finance Agency (FHFA) on Fannie Mae’s proposed changes to its Duty-to-Serve Underserved Markets Plan for 2022–24. The letter expresses NCSHA’s opposition to Fannie Mae’s sole proposed change, which would reduce its 2023 baseline for Housing Credit investments for properties in rural areas […]
On July 13, 2023, NCSHA joined 14 other Housing Credit stakeholder organizations on a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson urging FHFA to adopt policies prohibiting the government sponsored entities — Fannie Mae, Freddie Mac, and the Federal Home Loan Banks (FHLBs) — from providing financing to Housing Credit properties for […]
Read More… from NCSHA Joins Letter to FHFA Urging GSE Policies to Mitigate Qualified Contract Losses
NCSHA sent this letter to HUD regarding the proposed Budget Request for Fiscal Year 2024 (FY24) Budget Request (Section 237), related to the Performance-Based Contract Administrator (PBCA) program. NCSHA offered suggestions to strengthen the proposal, including establishing criteria that prioritize the selection of applicants with certain experience and the use of cooperative agreements. View Letter […]
The HFA Right of First Refusal Toolkit is based on the National Housing Trust’s most recent qualified allocation plan landscape analysis. This toolkit provides information on regulatory and policy actions relevant for allocating agencies, as well as recommendations to protect Property Reserves to ensure reserves are used to maintain the property and serve residents. View […]
Issued by the U.S. Department of Housing and Urban Development, this notice on the National Standards for the Physical Inspection of Real Estate (NSPIRE) addresses the process and operational requirements for public housing and multifamily housing assistance programs covered by the final rule. The notice contains policies and procedures for properties participating in inspections, submitting […]
This June 30, 2023, letter provides comments to the Department of Housing and Urban Development on its draft mortgagee letter regarding the Payment Supplement Partial Claim. View Document […]
Read More… from NCSHA Comments on Payment Supplement Partial Claim Draft Mortgagee Letter
On June 26, 2023, NCSHA submitted the attached letter in support of a Federal Housing Finance Agency (FHFA) proposed rule that would codify into regulation many of FHFA’s existing policies and practices for supporting fair housing and an equitable housing finance market. The letter expresses NCSHA’s strong support for a provision in the proposed rule to codify FHFA’s […]
This June 9, 2023, letter provides the ACTION Campaign’s comments to the Internal Revenue Service and the U.S. Department of the Treasury on their Priority Guidance Plan for the period beginning July 1, 2023, through June 30, 2024. View Document […]
Read More… from ACTION Campaign Comments on IRS/Treasury 2023–24 Priority Guidance Plan
