On April 26, 2021, the U.S. Department of Housing and Urban Development (HUD) published this document in the Federal Register seeking comments on the January 30, 2015, Housing Trust Fund interim final rule. Comments are due to HUD on June 25. View Document […]
Read More… from HUD Request for Public Comments on Housing Trust Fund Interim Final Rule
On April 23, 2021, Secretary of Housing and Urban Development Marcia Fudge issued this letter to public housing authorities, multifamily housing owners, and property managers announcing the Real Estate Assessment Center will resume in-person housing inspections on June 1, 2021. In-person inspections were paused as a COVID-19 safety protocol. View Document […]
Read More… from HUD Letter on Resumption of REAC In-Person Housing Inspections
On April 22, 2021, Senate Republicans, led by Senate Environment and Public Works Committee Ranking Member Shelley Moore Capito, released this $568 billion counteroffer framework to the Biden Administration’s American Jobs Plan infrastructure proposal. View Document […]
Read More… from Senate Republicans Infrastructure Proposal Framework
This interim final rule from the Consumer Financial Protection Bureau amends Regulation F of the Fair Debt Collection Practices Act to address certain debt collector conduct associated with the Centers for Disease Control and Prevention (CDC) eviction moratorium in response to the COVID-19 pandemic. The interim final rule requires debt collectors to provide written notice […]
The Homeowner Assistance Fund (HAF) is a highly flexible source of financial assistance to help homeowners who are experiencing COVID-19-related economic difficulties remain in their homes. Nearly $10 billion in funds will be distributed to states, territories, and tribal entities. HAF will be used to help struggling homeowners cover a variety of costs incurred, including […]
Read More… from U.S. Department of the Treasury Homeowner Assistance Program Website
In this April 16 letter, NCSHA urges the U.S. Department of Housing and Urban Development to quickly issue guidance on the $5 billion for homelessness assistance and supportive services through the HOME Investment Partnerships program in the American Rescue Plan (HOME-ARP). The letter also includes recommendations on waivers and suspensions state HFAs will need to […]
This legislation, introduced by Senators Maria Cantwell (D-WA), Todd Young (R-IN), Ron Wyden (D-OR), and Rob Portman (R-OH), and its identical House companion legislation, introduced by Representatives Suzan DelBene (D-WA), Jackie Walorski (R-IN), Don Beyer (D-VA), and Brad Wenstrup (R-OH), would expand and strengthen the Low Income Housing Tax Credit program, including by raising the […]
Read More… from The Affordable Housing Credit Improvement Act of 2021 (S. 1136/H.R. 2573)
On behalf of NCSHA, Novogradac conducted research on the results of lowering the 50 percent financed-by threshold for 4 percent Housing Credit properties, analyzing the outcomes related to bond cap and multifamily production levels if the financed-by threshold were to be lowered to 40 percent, 33 percent, or 25 percent. This report updates a previous […]
This Notice invites public comments on items the U.S. Department of the Treasury and Internal Revenue Service should consider including in their 2021-2022 Priority Guidance Plan, which identifies guidance projects on which Treasury and IRS intend to actively work during the period from July 1, 2021, to June 30, 2022. Comments are due by May […]
