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Breaking News from HUD (HFAi20)

HFAi-HOME

Hear the latest developments on HOME and the Housing Trust Fund (HTF) from officials at the Department of Housing and Urban Development (HUD), including updates on allocations, program performance, and expected guidance in 2020. OPENING REMARKS: Stockton Williams, Executive Director | National Council of State Housing Agencies PARTICIPANTS: Peter Huber, Deputy Director, Office of Affordable […]

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HOME Essentials, Part 1 and 2 (HFAi20)

HFAi-HOME

New to the HOME program or looking for a refresher on the basics? Monte Franke is back by popular demand to guide you through the essentials, including eligible activities, affordability and income requirements, monitoring and compliance, community housing development organizations (CHDOs), and program deadlines. Session continues at 3:45 p.m. TRAINER: Monte Franke, Principal | Franke […]

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Housing Finance Reform FAQs

Why is housing finance reform important? | What are NCSHA’s priorities in housing finance reform? | Didn’t affordable housing efforts cause Fannie Mae’s and Freddie Mac’s financial troubles? | How should the GSEs support affordable housing? | Why should the GSEs be expected to support affordable housing—aren’t federal housing programs enough? | What are State HFAs? | Why should HFAs be the GSEs’ preferred affordable housing partners […]

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U.S. Court of Appeals Decision in Inclusive Communities Project, Inc. vs. Department of Treasury, Office of the Comptroller of the Currency

US Courts

The Fifth Circuit Appeals Court dismissed a suit brought by the Inclusive Communities Project (ICP) against the Department of the Treasury and Office of the Comptroller of the Currency on the grounds that ICP does not have standing. ICP had sued the federal agencies under the Fair Housing Act, alleging that they failed to regulate […]

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NCSHA and EIG Webinar on Affordable Housing Investment in Opportunity Zones

Opportunity Zones

On December 17, 2019, NCSHA hosted a webinar with the Economic Innovation Group (EIG) to discuss how Opportunity Zone investments are supporting affordable housing and community development initiatives. The webinar highlighted financial structuring and development details of projects in Florida, Maryland, and Ohio that are part of the recently launched case studies series of developments […]

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Treasury and IRS Final Regulations on Opportunity Zones

United States Department of the Treasury

The U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones tax incentive. Opportunity Zones, created by the Tax Cuts and Jobs Act, offer capital gains tax relief for investments in economically distressed areas. The final rules provide clarity for Opportunity Funds and their eligible subsidiaries in determining qualification and levels of […]

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