On September 22, 2022, the U.S. Department of Housing and Urban Development released a preview version of a Request for Information requesting comments on its new Green and Resilient Retrofit Program (GRRP). HUD is establishing the GRRP pursuant to a section of the Inflation Reduction Act providing $1 billion to HUD for energy and water […]
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NCSHA commissioned UpLook Advisors to perform a high-level assessment of the 2021 Bipartisan Infrastructure Law’s implications for housing. The analysis highlights a number of new and existing programs addressing transportation and transit, energy efficiency and resilience, water systems, and broadband. Many of the programs will be administered at the state and local levels, with opportunities […]
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This regulation finalizes without change an interim rule, published in 2016, that modified the method by which the Department of Housing and Urban Development determines participating jurisdictions’ (PJs) compliance with the statutory 24-month commitment requirement for HOME Investment Partnerships program funds. Specifically, it uses a grant-specific method for determining compliance with the requirement and revised […]
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On September 20, 2022, NCSHA released this report, produced by Abt Associates, documenting the extraordinary actions state housing finance agencies are taking to meet the growing threat to affordable housing from unprecedented cost increases in labor, materials, and financing. Download Report […]
This August 25, 2022, letter, signed by NCSHA and 20 other organizations involved in the HOME Coalition, makes recommendations to the U.S. Department of Housing and Urban Development on how it should improve and modernize HOME program regulations and other guidance. The letter is in response to the Biden Administration’s commitment in its Housing Supply […]
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These organizations and businesses support the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act, S. 4181/H.R. 7078. To endorse the bill, contact Deborah Yi. Learn more about Fiscal Recovery Funds […]
On August 11, 2022, NCSHA sent this letter to the U.S. Department of Housing and Urban Development in response to its Request for Information on Housing Assistance Payments Contract Support Services (HAPSS), formerly known as the Performance-Based Contract Administrator (PBCA) program. In its letter, NCSHA requested HUD allow at least a 90-day comment period for […]
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On August 11, 2022, the Treasury Department hosted a webinar on State and Local Fiscal Recovery Funds guidance for housing production and preservation. The guidance increases flexibility to use recovery funds to fully finance long-term affordable housing loans and expands presumptively eligible uses to further maximize the availability of recovery funds for affordable housing. […]
On August 5, 2022, NCSHA submitted the attached comment letter to the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Federal Reserve on their May 2022 joint notice of proposed rulemaking amending the agencies’ Community Reinvestment Act (CRA) regulations. The letter discusses CRA’s importance in catalyzing bank financing and […]
