NCSHA co-signed this April 23 Campaign for Housing and Community Development Funding (CHCDF) letter urging congressional leadership to include resources for affordable housing and community development programs in future coronavirus relief legislation. View Document […]
Read More… from CHCDF Letter on Future Coronavirus Relief Legislation
These documents provide details on proposed Federal Reserve programs to stabilize homeowners, renters, apartment properties, and the housing market in response to broad forbearance provisions included in the CARES Act. Federal Reserve Program to Stabilize Renters, Apartment Properties, and the Housing Market (4/22/20) View Document Federal Reserve Program to Stabilize Homeowners and the Housing Market […]
Read More… from Proposed Federal Loan Programs to Stabilize the Housing and Rental Markets
Both Fannie Mae and Freddie Mac have made public the suggested scripts that they prepared to assist servicers in their discussions with borrowers seeking COVID-19 forbearance. […]
Read More… from GSE COVID-19 Servicer Scripts for Borrowers Seeking Forbearance
State and local governments along with HUD have issued partial emergency eviction and foreclosure moratoriums during the COVID-19 crisis. These emergency measures vary greatly in form and level of protection. The Eviction Lab and Emily Benfer of Columbia Law School have developed a policy scorecard for 50 states and the District of Columbia, distilling the […]
Source: Alaska Housing Finance Corporation About: While COVID-19 brings uncertainty, AHFC is determined to keep Alaskans safe and healthy. Find information on about AHFC mortgages, resources for public housing tenants, and tools for landlords. Learn more about how AHFC has modified operations to meet COVID-19 mandates while still fulfilling its mission. NCSHA features new resources […]
Read More… from Alaska Housing Finance Corporation: Staying on Top of Coronavirus
On April 16, Representatives Suzan DelBene (D-WA), Kenny Marchant (R-TX), Donald Beyer (D-VA), and Jackie Walorski (R-IN), the four lead sponsors of the Affordable Housing Credit Improvement Act (H.R. 3077) sent House Speaker Nancy Pelosi (D-CA) and Minority Leader Kevin McCarthy (R-CA) this letter urging them to enact a minimum 4 percent Housing Credit rate […]
The most recent COVID-19 news and analyses are available on NCSHA’s main COVID-19 Resources page. Articles previously posted on that page are archived below. Housing and civil rights coalition demands federal liquidity facility for servicers | Housing Wire | 4.17.20 Mnuchin Under Growing Pressure to Help Struggling Mortgage Companies | The Wall Street Journal | […]
IRS Revenue Procedure 2018-58 provides a list of time-sensitive actions, including several Housing Credit and tax-exempt bond deadlines, that may be extended for taxpayers affected by a federally declared disaster. View Document […]
House Ways and Means Chairman Richard Neal (D-MA) and Representative Suzan DelBene (D-WA) sent Treasury Secretary Steven Mnuchin this letter in support of regulatory relief for the Housing Credit program needed during the COVID-19 crisis. View Document […]
