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HUD Interim Final Rule Restoring Affirmatively Furthering Fair Housing Definitions and Certifications

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This interim final rule issued by the Department of Housing and Urban Development’s Office of Fair Housing and Equal Opportunity and effective July 31, 2021, repeals the 2020 Preserving Community and Neighborhood Choice (PCNC) regulations and reinstates aspects of the 2015 Affirmatively Furthering Fair Housing regulations, including certain definitions and certification requirements, that had been […]

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HUD FY 2022 Budget in Brief

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On May 28, 2021, the Biden Administration submitted to Congress its budget request for fiscal year (FY) 2022. The administration requests $68.7 billion for the U.S. Department of Housing and Urban Development, an increase of $9 billion above the FY 2021 enacted level. View Document […]

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U.S. Department of Treasury “General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals”

United States Department of the Treasury

To accompany the president’s budget request, the U.S. Department of Treasury releases the “General Explanations of the Administration’s Revenue Proposals,” which provides an explanation of the administration’s revenue proposals for that fiscal year. View Document […]

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NCSHA Comments on Treasury and IRS 2021-2022 Priority Guidance Plan

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On May 28, 2021, NCSHA provided comments to the Department of the Treasury and Internal Revenue Service on guidance projects the agencies should include in their 2021-2022 Priority Guidance Plan. The annual Priority Guidance Plan sets forth the tax issues Treasury and IRS intend to address through regulations, revenue rulings, revenue procedures, notices, and other […]

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Members of Congress, HUD Secretary Make the Case for Housing Is Infrastructure in Hearings

Members of Congress, HUD Secretary Make the Case for Housing Is Infrastructure in Hearings

The Senate Finance Committee, House Ways and Means Committee, and Senate Banking Committee all held hearings the week of May 17 on investing in the nation’s infrastructure. During the hearings, key housing champions from both parties spoke about affordable housing, including the importance of the Affordable Housing Credit Improvement Act (AHCIA; S. 1136/H.R. 2573), the […]

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Opportunity Zones | Articles and Background Materials

Opportunity Zones

Opportunity Zones articles curated by NCSHA staff in 2018 – 2021. Finding Opportunity in Opportunity Zones (May 2021)  Can Place-Based Investments Like New Markets and Opportunity Zones Help Low-Income Neighborhoods and Residents? (April 2021) Opportunity Zones have had minor impact on labor markets so far (March 2021) Little evidence of increased demand for property in […]

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