COVID-19
Why Congress Should Enact the Emergency Rental Assistance and Rental Market Stabilization Act
This document provides talking points HFAs and their partners can use to advocate for the enactment of the Emergency Rental Assistance and Rental Market Stabilization Act.
NCSHA Summary of House HEROES Act
NCSHA staff prepared the attached memorandum to summarize the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act under consideration in the House of Representatives. The bill would provide more than $3 trillion for coronavirus relief in programs across government agencies, including state and local assistance; additional individual payments; and significant funding for education, public health, and affordable housing; and make other housing-related changes.
Senatorsโ May 14 Letter to Treasury and the Federal Reserve on Municipal Bonds
On May 14, 2020, a group of Senators wrote Treasury Secretary Mnuchin and Federal Reserve System Board Chair Powell to encourage them to take further action to stabilize the municipal bond market to ensure state and local governments have access to needed medium- and long-term financing.ย
NCSHA May 14 Letter to Ginnie Mae on Its Pass-Through Assistance Programs and Loan Delinquency Ratio Requirements
On behalf of its state Housing Finance Agency (HFA) members, NCSHA wrote Ginnie Mae this letter expressing appreciation for the steps it has taken to provide assistance to single-family and multifamily loan servicers affected by COVID-19, asking it to reconsider and amend key aspects of those programs, and urging it to issue guidance as soon as possible that would hold harmless state HFAs from the effects of Ginnie Maeโs delinquency ratio calculations during the COVID-19 pandemic.
Ginnie Mae APM 20-06: Treatment of Mortgage Delinquency Ratios for Issuers Affected by COVID-19
In response to the National Emergency declared by President Trump on March 13, 2020, in connection with COVID-19, Ginnie Mae is hereby provided Issuers temporary relief from the acceptable delinquency rate threshold requirement identified in Ch. 18, Part 3, ยง C of the Mortgage-Backed Securities (MBS).
Why Congress Should Provide a Substantial, One-Time Increase in HOME Program Funding in Response to the COVID-19 Pandemic
This document provides talking points that HFAs and their partners can use to advocate for supplemental HOME funding to assist in the COVID-19 response.
Why Congress Should Enact the Housing Assistance Fund
This document provides talking points that HFAs and their partners can use to advocate for the enactment of the Housing Assistance Fund.
CARES Act Forbearance Fact Sheet for Borrowers with FHA, VA, or USDA Loans
The Federal Housing Administration (FHA), Department of Agriculture (USDA), and Department of Veteran Affairs (VA), have aligned to provide consumers with information that outlines their responses to forbearance and loss mitigation options available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
CARES Act Forbearance Fact Sheet for Mortgagees and Servicers of FHA, VA, or USDA Loans
The Federal Housing Administration (FHA), Department of Agriculture (USDA), and Department of Veteran Affairs (VA), have aligned to provide servicers with information that outlines their responses to forbearance and loss mitigation options available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
