On July 8, 2020, the U.S. Department of Housing and Urban Development issued PIH Notice 2020-14 announcing the availability of $50 million in HUD-Veterans Affairs Supportive Housing (HUD-VASH) funding that will support approximately 6,000 new HUD-VASH vouchers. The vouchers are administered in partnership with the U.S. Department of Veterans Affairs and enable homeless veterans and […]
Read More… from PIH Notice 2020-14: Availability of Funding for HUD-VASH Vouchers
This document provides proposed regulations relating to the sample size Housing Credit agencies must monitor for program compliance, both physical inspections, and low-income certification reviews. It allows agencies to monitor the lesser of 20 percent of the units in a building or the number provided in the Minimum Unit Sample Size Reference Chart. View Document […]
This summary describes the House Democrats’ $1.5 trillion infrastructure bill, the Moving Forward Act (H.R. 2), which would provide funding for roads, bridges, schools, broadband access, and affordable housing. The bill would increase the amount of Housing Credit and Private Activity Bond authority provided to states annually, make a number of changes to the Housing […]
Read More… from NCSHA Summary of the Moving Forward Act (H.R. 2)
This notice extends and expands temporary relief provided under previous Notice 2020-23 from certain requirements under Section 42 of the IRC for Housing Credit properties in response to the ongoing COVID-19 pandemic. The deadline extensions and waivers provided in this Notice have since expired; however, the IRS issued subsequent Notices, Notice 2021-12 and 2022-05 providing […]
Read More… from IRS Notice 2020-53, Housing Credit Coronavirus Guidance
In response to the Notice of Proposed Rulemaking for the re-proposed Enterprise Regulatory Capital Framework, on June 30, 2020, NCSHA joined 16 other national associations and organizations in sending to FHFA Director Mark Calabria this request to increase the comment period from 60 to 120 days, to October 28, 2020. View Letter […]
Read More… from Letter to FHFA Director Requesting Longer Comment Period on ECF Rule
On this HUD.gov page, the Federal Housing Administration’s (FHA) Office of Single Family Housing staff periodically post policy drafts or other supplemental documents for industry and stakeholder feedback. […]
Read More… from FHA’S Office of Single Family Housing “Drafting Table”
