On June 25, 2020, 180 national, state, and local organizations, including NCSHA, sent this letter to House and Senate Transportation, Housing, and Urban Development Appropriations Subcommittee leadership requesting $14 billion for the HOME Investment Partnerships Program in the next COVID-19 relief package. […]
This fact sheet provides an overview of The Moving Forward Act, H.R. 2, which House Democrats released on June 22, 2020, to address America’s infrastructure needs. The bill would include significant investments in affordable housing, surface transportation, broadband, water infrastructure, clean energy, and other initiatives. […]
The Center for Supportive Housing put together a document outlining considerations for states and local jurisdictions exploring hotel and motel acquisitions as a housing strategy for people exiting COVID-19 shelters. Access Report Visit CSH Website […]
The White House Opportunity and Revitalization Council submitted to President Trump this May 2020 report outlining Opportunity Zone best practices and examples of revitalization occurring across the country. The report highlights best practices of state and local governments, foundations and nonprofits, Qualified Opportunity Funds, and other stakeholders, including Housing Credit allocating agency strategies in Massachusetts, […]
This document outlines Opportunity Zones best practices and case studies observed around the country. The report also highlights best practices of state and local governments, foundations and nonprofits, Qualified Opportunity Funds, and other stakeholders, including Housing Credit allocating agency strategies in Massachusetts, Mississippi, and Nevada. […]
Read More… from White House Opportunity Zones Council Best Practices Report
On June 15, 2020, the Federal Housing Finance Agency (FHFA) issued its annual Report to Congress on actions taken by the agency and its regulated entities — Fannie Mae, Freddie Mac, and the Federal Home Loan Banks — as well as the financial performance of those regulated entities, during calendar year 2019 prior to the […]
NCSHA submitted this letter to the Federal Housing Finance Agency on January 31, 2019, to respond to its October 29, 2018, proposed rule to amend the affordable housing goals for the Federal Home Loan Banks. View Document […]
Read More… from NCSHA Comments on FHFA’s FHLB Housing Goals Proposed Rule
On June 9, 2020, NCSHA and several other housing organizations, representing a broad cross-section of the housing and financial services industries, wrote HUD Secretary Carson to express their concern with the recently announced Federal Housing Administration (FHA) policy requiring lenders to provide 20 percent indemnification (of the original loan amount) for up to two years […]
On June 1, 2020, 67 mayors sent this letter to congressional leadership urging them to enact a minimum 4 percent Housing Credit rate and lower the 50 percent test in the next coronavirus relief legislation. The ACTION Campaign, co-chaired by NCSHA and Enterprise Community Partners, coordinated the letter. View Document […]
