On May 1, 2020, Representatives Steve Stivers (R-OH), C.A. “Dutch” Ruppersberger (D-MD), and 41 colleagues from both parties sent Treasury Secretary Steven Mnuchin and Federal Reserve Board Chairman Jerome Powell this letter calling on them to use authority and funding provided in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to support the municipal […]
HUD published in the Federal Register a final rule implementing Fixing America’s Surface Transportation (FAST) Act legislation allowing public housing authorities (PHAs) and owners to conduct full income recertifications for families with 90 percent or more of their income from fixed income every 3 years instead of annually. The rule is effective June 8, 2020. […]
On May 6, 2020, 115 national organizations, including NCSHA, sent this letter to House and Senate leaders in support of legislation that would provide $100 billion in emergency rental assistance through the Emergency Solutions Grant program to respond to rental housing needs due to the COVID-19 pandemic. View Document […]
On May 6, members of the HOME Coalition, which NCSHA chairs, sent this letter to congressional leadership, urging Congress to provide additional resources for HOME in the next coronavirus response legislation. View Document […]
The ACTION Campaign, which NCSHA co-chairs with Enterprise Community Partners, sent this letter, signed by 2,353 organizations from across the nation, to House and Senate leaders urging them to enact a minimum 4 percent Housing Credit rate and lower the 50 percent test in the next coronavirus response legislation. View Document […]
This memorandum provides NCSHA’s analysis of the impending need for mortgage assistance to prevent homeowner defaults and foreclosures due to the COVID-19 pandemic. View Document […]
Read More… from Quantifying the Needs for and Benefits of the Housing Assistance Fund
COVID-19 information, guidelines, and notices published by the state HFAs, the Administration, the CDC, HUD and other federal agencies, and state governments. […]
This document provides talking points HFAs and their partners can use to advocate for enhancement to the Housing Credit program needed in response to the COVID-19 pandemic, specifically setting a minimum 4 percent credit rate for bond-financed Housing Credit properties, lowering the “50 percent test,” and why members of Congress should weigh in with IRS […]
This document includes answers to frequently asked questions regarding Treasury’s Coronavirus Relief Fund, which was established in the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). View Document […]
