This HUD document provides answers to frequently asked questions about the application of the temporary eviction moratorium in Section 4024 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to the HOME program. View Document […]
Read More… from HOME Investment Partnerships Program FAQs: COVID-19 and CARES Act
On May 1, 2020, HUD’s Office of Multifamily Housing released updated COVID-19 questions and answers covering issues related to project financing, forbearance, the CARES Act moratorium on evictions, additional resources provided by the CARES Act, income verification, and asset management. View Document […]
Read More… from May 1 Update of HUD Multifamily COVID-19 Q&A
Representative David Scott (D-GA) has circulated this Dear Colleague letter to House members urging them to join him on a letter to House Speaker Nancy Pelosi (D-CA) and Minority Leader Kevin McCarthy (R-CA) asking for the establishment of a $75 billion Housing Assistance Fund in the next coronavirus relief legislation. The deadline to sign is close […]
Read More… from House “Dear Colleague” Letter Supporting Housing Assistance Fund
This memorandum summarizes NCSHA’s federal policy agenda related to the COVID-19 crisis on behalf of its member state housing finance agencies (HFAs), as of April 28, 2020. The first section summarizes our top legislative priorities for forthcoming fiscal stimulus legislation. The second section summarizes our priorities for federal policy and regulatory action. View Document Additional […]
Read More… from State Housing Finance Agency Federal Policy Priorities in Response to COVID-19
On April 27, 2020, Federal Housing Finance Agency (FHFA) Director Mark Calabria sent this letter describing actions FHFA has taken in response to the COVID-19 crisis and commenting on his views regarding possible further FHFA actions to address mortgage servicers’ and other real estate companies’ liquidity concerns. View Document […]
Read More… from April 27 FHFA Letter to Industry Groups on COVID-19 Liquidity
This document provides the amount of Housing Trust Fund dollars each state receives in FY 2020. […]
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
