NCSHA joined the Novogradac LIHTC Working Group on this December 12, 2022, comment letter to the Internal Revenue Service suggesting technical changes to the Average Income Test (AIT) temporary regulations related to reporting requirements for AIT compliance. View Document […]
On December 5, 2022, NCSHA submitted these comments to HUD in response to its Request for Information Regarding Small Mortgage Lending. NCSHA agreed with HUD’s conclusion that a primary barrier to small balance mortgage loan lending is the cost to originate and service small mortgage loans in relation to the limited potential compensation afforded by […]
Read More… from NCSHA Comment Letter on HUD Small Mortgage Lending RFI
On December 5, 2022, NCSHA submitted this letter to the Environment Protection Agency (EPA) in response to its Request For Information on the Greenhouse Gas Reduction Fund (GHGRF). NCSHA urged the EPA to prioritize the use of GHGRF for affordable housing, where such assistance could significantly reduce greenhouse gas emissions and significantly improve the lives […]
Read More… from NCSHA Comment Letter on EPA Greenhouse Gas Reduction Fund RFI
This notice, published December 2, 2022, by the Treasury Department, modifies prior guidance on ERA 2 reallocation to state Treasury will not conduct the optional Final Undrawn Funds Assessment described in the previous guidance until at least June 2023, if at all. View Document […]
Read More… from Treasury Notice on ERA 2 Final Undrawn Funds Assessment
On November 28, 2022, the HOME Coalition sent this letter to appropriators in both congressional chambers urging them to provide robust funding for the HOME Investment Partnerships program for the remainder of fiscal year 2023. The letter requested no less than $1.9 billion for the program, which is the amount included in the President’s FY23 […]
Read More… from HOME Coalition Letter to Appropriators for FY23
This November 28, 2022, letter signed by 54 members of Congress urges House leadership to pass legislation by year’s end to restore the 12.5 percent Housing Credit allocation increase that expired at the end of 2021 and to lower the bond financing threshold from 50 to 25 percent. View Document […]
This November 21, 2022, letter, organized by the ACTION Campaign and signed by more than 2,500 businesses, nonprofits, and organizations from across the nation, urged Congress to pass legislation during the 2022 lame duck session that would expand production of affordable housing by increasing Housing Credit authority by 50 percent and enhancing the use of […]
Read More… from ACTION Letter on Housing Credit Priorities in the Lame Duck Session
NCSHA offers this analysis of the 2022 election results. November 9 Analysis […]
Delaware Mortgage Relief Program From Delaware State Housing Authority Are you a Delawarean at risk of displacement due to unpaid housing-related obligations such as mortgage payments and property charges? The Delaware Mortgage Relief Program may be able to help. Delaware Homeowners may be eligible for assistance through the Delaware Mortgage Relief Program if they meet the following: […]
Read More… from Featured HAF Program: Delaware Mortgage Relief Program
