On October 29, 2021, NCSHA submitted this letter to the Office of the Comptroller of the Currency (OCC) on its September 2021 proposed rule to amend its Community Reinvestment Act (CRA) regulations finalized in June 2020. In the letter, NCSHA expressed support for OCC’s proposal which would effectively rescind its current CRA rules and replace […]
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This October 28, 2021, document communicates the Treasury Department’s responses to some of the questions NCSHA submitted on October 20 regarding quarterly ERA reporting. View Document […]
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Emergency Rental Assistance (ERA) program grantees who have obligated 65 percent or more of their ERA 1 as of September 30, 2021, may submit this form to the Treasury Department requesting additional ERA 1 funds from the excess funds Treasury has recaptured from other grantees. View Document […]
Emergency Rental Assistance (ERA) program grantees who have obligated less than 65 percent of their ERA 1 grant as of September 30, 2021, must submit this Program Improvement Plan form to the Treasury Department. View Document […]
Emergency Rental Assistance (ERA) program grantees are required to submit this certification to the Treasury Department indicating the amount of their ERA 1 grant they have obligated through September 30, 2021. View Document […]
On October 26, 2021, during a Senate Finance Committee hearing, Senator Maria Cantwell (D-WA) called for the inclusion of a significant increase in the Housing Credit in the Build Back Better reconciliation legislation currently under negotiation in Congress. Cantwell said: “Our committee here has done great work on the Low-Income Housing Tax Credit, but we […]
On October 25, 2021, NCSHA sent the Federal Housing Finance Agency (FHFA) these comments on its proposed 2022-2024 affordable housing goals for Fannie Mae and Freddie Mac. The letter urges the FHFA to finalize the increased single-family and multifamily goals included in the proposed rule and expressed support for FHFA’s proposal to establish a new […]
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This October 25, 2021, letter from 428 Housing Credit stakeholders and members of the ACTION Campaign to President Biden, Speaker Pelosi, and Majority Leader Schumer urges them to preserve the Housing Credit production provisions in the final Build Back Better reconciliation legislation. View Document […]
On October 25, 2021, NCSHA submitted this letter to the Federal Housing Finance Agency (FHFA) on its directive requiring the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to “prepare and implement three-year Equitable Housing Finance Plans.” In the letter, NCSHA expresses its strong support for FHFA’s directive and outlines two specific opportunities for GSE […]
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