On August 5, 2022, the ACTION Campaign, led by NCSHA and Enterprise Community Partners, submitted comments to the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Federal Reserve System on the joint notice of proposed rulemaking to strengthen and modernize the regulation of the Community Reinvestment Act (CRA). The […]
Kansas Homeowner Assistance Fund From Kansas Housing Resources Corporation The Kansas Homeowner Assistance Fund (KHAF) program helps qualifying Kansan homeowners financially impacted by the COVID pandemic get current on their mortgages and property taxes and avoid foreclosure. The KHAF program provides: Mortgage payments Property taxes and charges Utility, internet, and broadband fees And more Learn […]
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On July 27, 2022, FHA and Ginnie Mae jointly released a Request for Input (RFI) on their Title I Manufactured Housing Programs. Under Title I, FHA insures loans made by approved institutions for the purchase of manufactured homes and/or lots, and Ginnie Mae permits the securitization of such loans. The RFI seeks specific input on […]
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Oregon Housing and Community Services Director Andrea Bell testified on behalf of NCSHA at a Senate Finance Committee hearing on the role of tax incentives in affordable housing. Bell told the committee the Housing Credit and tax-exempt private activity Housing Bonds are the most important production tools available to state HFAs to finance affordable rental […]
Read More… from NCSHA Testimony: Senate Hearing on the Role of Tax Incentives in Affordable Housing
NCSHA and seven other organizations sent this July 15, 2022, letter to the Department of Housing and Urban Development regarding implementation of the Build America, Buy America Act. The letter commended HUD for its work and made several recommendations. View Document […]
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On June 17, the Campaign for Housing and Community Development Funding sent a letter to leaders of the House and Senate Appropriations committees requesting the highest level of funding possible for housing and community development programs in FY 23. The letter was signed by more than 1,700 organizations, including NCSHA. View Letter […]
This July 8, 2022, letter from NCSHA to the Internal Revenue Service and U.S. Department of the Treasury urges the agencies to extend and expand certain temporary Housing Credit relief provisions in Notice 2022-05. View Document […]
MyHomeCT | Homeowner Assistance Fund From Connecticut Housing Finance Authority Under the American Rescue Plan Act of 2021, Connecticut was awarded approximately $123 million to establish MyHomeCT, a program funded by the Homeowner Assistance Fund. The goal of MyHomeCT is to cure mortgage delinquencies and defaults and prevent foreclosures among eligible homeowners that occurred as […]
The Downpayment Toward Equity Act, H.R. 4495, would establish a grant program for states and other eligible entities to be used for down payment assistance to first-generation home buyers. This version of the legislation was reported favorably by the Financial Services Committee on June 23, 2022, after being adopted as a substitute amendment. View Document […]
