On March 28, 2022, the Biden Administration submitted to Congress the President’s Budget for Fiscal Year 2023. The budget request totals $5.8 trillion and outlines the Biden Administration’s fiscal priorities, including for HUD and USDA housing programs. View Document […]
Read More… from Biden Administration’s FY 2023 Budget Request
This resource is NCSHA’s analysis of the Biden Administration’s Fiscal Year 2023 Budget Request. The $5.8 trillion budget outlines the Biden Administration’s fiscal priorities, including for U.S. Department of Housing and Urban Development and U.S. Department of Agriculture housing programs. View Document […]
Read More… from NCSHA’s Analysis of the Biden Administration’s FY 2023 Budget Request
A bipartisan group of 12 Senators led by Joe Manchin (D-WV) and Shelley Moore Capito (R-WV) sent this March 23 letter to the Treasury Department requesting that every state and locality that has a plan to expend their ERA 2 funding by the statutory deadline in 2025 should have access to the full funding levels […]
Read More… from Senators’ Letter to Treasury on ERA 2 Reallocation Policy
On March 23, 2022, the Consumer Financial Protection Bureau (CFPB) released a new COVID-19 Special Issue Brief exploring the characteristics, including demographics, of mortgage borrowers in forbearance or delinquent during the COVID-19 pandemic. The report, an update on the May 2021 release, includes new data for mortgage borrowers who remained in forbearance in January 2022. […]
IRS Notice 2022-12 provides the resident population figures necessary to determine the 2022 private activity bond volume cap and the population-based component of the Low Income Housing Tax Credit. View Document […]
Read More… from IRS Notice 2022-12: 2022 Calendar Year Resident Population Figures
On March 18, the Internal Revenue Service issued Revenue Procedure 2022-20 providing permanent authority to conduct telephonic public hearings for tax-exempt private activity bonds and Housing Credit qualified allocation plans. […]
The program listings on this page are provided as a free service. The information above is based solely on information provided to NCSHA by state-level Homeownership Assistance Fund program administrators and is provided “as is” without warranty of any kind. NCSHA is not responsible for inaccurate or out-of-date information and does not accept responsibility or […]
State and Territory Participants that received Homeowner Assistance Fund (HAF) awards are required to submit a one-time Interim Report. In this March 1, 2022, webinar, a representative from the U.S. Department of the Treasury provides an overview of the steps to submit the report. Please refer to Treasury’s website for details, including the guidance in full, […]
Read More… from Homeowner Assistance Fund: Interim Reports Webinar
This February 28, 2022, letter, spearheaded by NCSHA and signed by 82 organizations representing state and local government officials and Housing Credit industry participants, urges congressional leaders to amend the underlying statute of the Coronavirus State and Local Fiscal Recovery Fund to facilitate its use with the Housing Credit. View Document […]
