This document tracks the members of Congress who have cosponsored the Housing Assistance Fund (S. 3620) and the COVID-19 Homeowner Assistance Fund of 2020 (H.R. 6729). […]
Read More… from Housing/COVID-19 Homeowner Assistance Fund Act of 2020: Cosponsorship List by State
This report by Freddie Mac Multifamily and the National Housing Trust reviews definitions of opportunity and methods used to promote opportunity housing in Housing Credit Qualified Allocation Plans across all 50 states and the District of Columbia. In addition to explaining opportunity policies and processes for developing them, the report examines the impact of these […]
This bill, introduced by Senator Ron Wyden (D-OR), would provide tax relief to individuals and businesses in areas for which a major disaster is declared under the Stafford Act between January 1, 2020, and 60 days after the bill’s enactment. The bill includes supplemental disaster Housing Credits for states experiencing a major disaster. […]
The Office of Community Planning and Development within the U.S. Department of Housing and Urban Development (HUD) issued this memorandum suspending the HOME Program’s statutory deadline and waiving the HOME regulatory deadline for qualification or requalification of urban counties and consortia to provide HOME Participating Jurisdictions additional time to complete these processes due to the […]
The U.S. Department of Housing and Urban Development issued this set of program instructions for the $10 million in CARES Act funding allocated for the Service Coordinators in Multifamily Housing program and Congregate Housing Services Program. […]
This final rule amends the U.S. Department of Housing and Urban Development’s 2013 disparate impact standard and burden-shifting framework, which is HUD’s implementation of the 1968 Fair Housing Act’s Discriminatory Effects Standard. HUD intends the amendments to the disparate impact standard to reflect the U.S. Supreme Court’s 2015 ruling in Texas Department of Housing and […]
On September 8, 2020, NCSHA submitted this letter supporting the Consumer Financial Protection Bureau’s proposal to eliminate the maximum borrower debt-to-income (DTI) ratio of 43 percent that mortgages must meet to satisfy the definition of “Qualified Mortgage” (QM) and qualify for the legal protection the definition confers. Rescinding the DTI ratio will allow many creditworthy […]
Read More… from NCSHA Comment Letter on CFPB’s Proposed Rule on the Qualified Mortgage Definition
On September 8, 2020, NCSHA submitted this comment letter in response to the Internal Revenue Service’s proposed rule modifying the minimum sample size for Low Income Housing Tax Credit compliance monitoring requirements. […]
Read More… from NCSHA Comments on IRS’s 2020 Housing Credit Compliance Monitoring Proposed Rule
On September 1, 2020, the Centers for Disease Control and Prevention issued this emergency public health order to temporarily halt evictions to prevent the further spread of COVID-19. View Document […]
