Page 62 — NCSHA

Consolidated Appropriations Act of 2021

This legislation includes FY 2021 omnibus appropriations for all federal governmental departments and agencies, coronavirus relief, and tax provisions. […]

Multifamily Accelerated Processing (MAP) Guide

The Multifamily Accelerated Processing Guide, the “MAP Guide,” is comprehensive instruction and requirements for the origination, underwriting and endorsement (“closing”) of HUD-FHA insured mortgages for multifamily properties. The MAP Guide describes how lenders qualify for participation and how lenders apply for mortgage insurance including the qualifications and roles, both financial and professional, of all participants. […]

NCSHA Comment Letter on IRS Housing Credit Average Income Test Proposed Rule

On December 17, 2020, NCSHA submitted this comment letter to the Internal Revenue Service in response to its proposed rule that would establish new Low Income Housing Tax Credit regulations related to the Average Income Test (AIT) minimum set-aside and modify existing regulations related to the Next Available Unit rule for purposes of implementing the […]

ACTION Campaign Memo to Biden-Harris Agency Review Teams

On December 7, 2020, The A Call To Invest In Our Neighborhoods (ACTION) Campaign sent this letter to the Biden-Harris Transition Agency Review Teams for the Departments of the Treasury, Housing and Urban Development, and Agriculture outlining how the Biden Administration can work with ACTION to further increase affordable housing production and preservation with the […]

HUD Updated and Revised COVID-19 Guidance Providing HOME Program TBRA Waivers

This memorandum revises and extends the suspensions and waivers issued via an April 10, 2020, memorandum to facilitate the use of HOME-Assisted Tenant-Based Rental Assistance (TBRA) for Emergency and Short-Term Assistance in response to the COVID -19 pandemic. [Note: HUD separately published HOME COVID-19 guidance not related to TBRA.] View Document Related Document: April 10, […]

HUD Updated and Revised COVID-19 Guidance on Providing HOME Program Waivers

This memorandum revises and extends certain statutory suspensions and regulatory waivers outlined in the April 2020 memo through September 30, 2021 (the “extended wavier period”). It also adds a new statutory suspension and new regulatory waivers to enable HOME participating jurisdictions affected by the COVID-19 pandemic to use HOME funds to address immediate housing needs […]

JCHS State of the Nation’s Housing Report 2020

Harvard Joint Center for Housing Studies

This report, published by the Joint Center for Housing Studies of Harvard University, is an annual assessment of the housing market, demographic trends, and the housing challenges faced by households in the United States. View Report Related Resource: JCHS Website […]

National Sign-On Letter Supporting NCSHA Recommendations to IRS on Housing Credit COVID-19 Regulatory Relief

This letter, signed by 140 organizations from across the nation, urges IRS to enact Housing Credit COVID-19 regulatory relief requested by NCSHA in its November 16, 2020, letter to the IRS and Treasury. […]

NCSHA Letter to HUD on HOME COVID-19 Waivers Extension

On November 24, 2020, NCSHA sent this letter to the U.S. Department of Housing and Urban Development urging immediate action to extend the temporary relief provided by the pair of April 10, 2020, memoranda on the availability of waivers and suspensions of HOME Investment Partnership program requirements and HOME-Assisted Tenant-Based Rental Assistance for Emergency and […]