This fact sheet provided by the Treasury Department presents examples of how state, local, and tribal governments are using Coronavirus State and Local Fiscal Recovery Fund resources for various affordable housing activities. View Document […]
The Coronavirus State and Local Fiscal Recovery Fund provides $350 billion to state, local, and tribal governments to support their response to and recovery from the COVID-19 public health emergency. This profile highlights how North Carolina is using these recovery dollars for affordable housing. The LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act, H.R. […]
Read More… from State Fiscal Recovery Funds in Action: North Carolina
NCSHA, along with 788 national, state, and local organizations, sent this letter to Chair Brian Schatz (D-HI) and Ranking Member Susan Collins (R-ME) of the Senate Appropriations Subcommittee on Transportation, Housing, and Urban Development (THUD) and Chair David Price (D-NC) and Ranking Member Mario Diaz-Balart (R-FL) of the House Appropriations THUD Subcommittee to express strong […]
Read More… from HOME Coalition Sign-On Letter: FY 2023 Funding for HOME
In this April 28, 2022, letter, NCSHA urged Ginnie Mae President Alanna McCargo to extend again Ginnie Mae’s delinquency ratio exemption beyond the June expiration. The Ginnie Mae MBS Guide specifies the delinquency ratios on outstanding pools and loan packages below which an issuer must remain to avoid sanction. View Document […]
Read More… from Third NCSHA Letter to Ginnie Mae on Delinquency Ratio Exemption Extension
On April 27, 2022, Freddie Mac published its approved Underserved Markets Plan for 2022–24. The plan outlines how Freddie Mac intends to fulfill its obligations under the Federal Housing Finance Agency’s Enterprise Duty-to-Serve Rule. The Duty-to-Serve Rule requires Freddie Mac and Fannie Mae to support lending for housing for very low-, low-, and moderate-income families […]
Read More… from Freddie Mac Underserved Markets Plan for 2022–24
On April 27, 2022, Fannie Mae published its approved Underserved Markets Plan for 2022–24. The plan outlines how Fannie Mae intends to fulfill its obligations under the Federal Housing Finance Agency’s Enterprise Duty-to-Serve Rule. The Duty-to-Serve Rule requires Fannie Mae and Freddie Mac to support lending for housing for very low-, low-, and moderate-income families […]
Read More… from Fannie Mae Underserved Markets Plan for 2022–24
In April 2022, Representative Joyce Beatty (D-OH) circulated to her House colleagues this sign-on letter requesting support from the House Committee on Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies to increase funding for the HOME Investment Partnerships program (HOME) to at least $2.5 billion for fiscal year 2023. View Document […]
Read More… from House Dear-Colleague Letter: HOME Investment Partnerships Program FY 2023
The Coronavirus State and Local Fiscal Recovery Fund provides billions to state, local, and tribal governments to support their response to and recovery from the COVID-19 public health emergency. This profile highlights how one state is using these recovery dollars for affordable housing. Governor Sisolak, federal, local partners formally launch ‘Home Means Nevada’ initiative […]
Read More… from State Fiscal Recovery Funds in Action: Nevada
The Federal Housing Finance Agency (FHFA) published this Strategic Plan for Fiscal Years 2022–26 on April 14. The plan outlines FHFA’s priorities as the regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. The plan sets three main goals for […]
Read More… from FHFA Strategic Plan for Enterprise Conservatorship for 2022–26
