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Administration of the Federal Emergency Rental Assistance Program: Considerations for State Agencies

Administration of the Federal ERAP - Considerations for State Agencies

To help states design Emergency Rental Assistance programs and deploy the available funds, NCSHA worked with Abt Associates to develop this guidance document. This guidance is intended to help states understand the range of options available to them as they design new programs or modify programs established in 2020 to effectively assist households at risk […]

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NCSHA Letter to Treasury with Policy Recommendations for Homeowner Assistance Fund

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On March 12, 2021, NCSHA sent this letter to Treasury Secretary Janet Yellen outlining our policy recommendations for implementing the Homeowner Assistance Fund (HAF), included in the American Rescue Plan. In the letter, NCSHA makes three types of recommendations: 1) mission-critical items that must be included in whatever mechanism Treasury uses to disburse HAF funds […]

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NCSHA Comment Letter Asks FHFA to Address Racial Justice, HFA Lending in Affordable Housing Goals

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On February 28, 2021, NCSHA provided these comments to the Federal Housing Finance Agency (FHFA) in response to its Advanced Notice of Proposed Rulemaking on Enterprise Housing Goals, urging FHFA to establish robust goals that push Fannie Mae and Freddie Mac (the Enterprises) to do as much responsible affordable lending as possible and to serve […]

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NCSHA Letter to IRS, Treasury Urges Guidance on Implementing Minimum 4 Percent Rate, Disaster Housing Credits

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In this February 26, 2021, letter, NCSHA urged the Internal Revenue Service and the U.S. Department of the Treasury to provide guidance on implementation of the minimum 4 percent Housing Credit rate and supplemental disaster Housing Credit authority, both enacted under the Consolidated Appropriations Act of 2021. The letter also urged revision of various IRS […]

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HUD Mortgagee Letter 2021-05

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On February 16, HUD published, with immediate effect, Mortgagee Letter 2021-05. ML 2021-05 extends the foreclosure and eviction moratoriums for FHA-insured mortgages until June 30, 2021, in addition to the following single-family policy changes:  Extends the foreclosure and eviction moratorium to June 30, 2021, and the deadline for the first legal action and the Reasonable […]

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