COVID-19
Proposed Federal Loan Programs to Stabilize the Housing and Rental Markets
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.
GSE COVID-19 Servicer Scripts for Borrowers Seeking Forbearance
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.
COVID-19 Housing Eviction Policy Scorecard
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 contents of thousands of newly released legal documents into a clear set of 21 critical measures.
Alaska Housing Finance Corporation: Staying on Top of Coronavirus
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.
House Housing Credit Championsโ Letter to Leadership on Program Needs During COVID-19 Pandemic
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 and consider lowering the โ50 percent testโ for multifamily Housing Bond-financed properties in the next COVID-19 response package.
Archive: COVID-19 Related News
The most recent COVID-19 news and analyses are available on NCSHAโs main COVID-19 Resources page. Articles previously posted on that page are archived below.
IRS Revenue Procedure 2018-58
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.
Letter from Ways and Means Chairman Neal and Representative DelBene to Treasury Secretary Mnuchin on Housing Credit Regulatory Flexibility During COVID-19 Crisis
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.
IRS Notice 2020-23: Taxpayer Relief for COVID-19
This Notice provides relief to taxpayers affected by the coronavirus pandemic. Among other things, the notice automatically extends several Housing Credit and tax-exempt bond deadlines referenced in IRS Revenue Procedure 2018-58.ย The notice also extends the 180-day deadline to invest capital gains in a Qualified Opportunity Fund to July 15 for taxpayers with a deadline between April 1 and July 15.
