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Fact Sheets and FAQs

NCSHA’s FY 2019 Budget Chart

NCSHA's FY2019 Budget Chart for select U.S. Department of Housing and Urban Development(HUD) and Department of Agriculture (USDA) housing programs.

HOME Allocations by State, 2010-2018

HOME allocations from 2010 to 2018 listed by state.

Housing Trust Fund (HTF) Allocations by State, 2016-2018

Housing Trust Fund (HTF) allocations from 2016 to 2018 listed by state.

Housing Credit Income Averaging Frequently Asked Questions

Twenty Frequently Asked Questions about Housing Credit Income Averaging. (Updated April 6, 2018)

Mortgage Credit Certificate Program Q&A

What is the Mortgage Credit Certificate (MCC) Program? The MCC program is a home buyer assistance program designed to help lower‐income families afford home ownership. The program allows home buyers to claim a dollar‐for‐dollar tax credit for a portion of mortgage interest paid per year, up to $2,000. The remaining mortgage interest paid may still be calculated as an itemized deduction.

Tax-Exempt Housing Bonds FAQ (MRBs, Multifamily)

What are Housing Bonds? | Are Housing Bonds one of the original uses of PAB authority? | How do HFAs use Housing Bonds? | How much bond authority do states have? | What restrictions exist on the use of Housing Bonds? | Why should Congress protect Housing Bonds? | What is the economic impact of Housing Bonds? | Would other tools for financing affordable housing be more efficient? | What does this program cost?

Housing Finance Reform FAQ

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

Housing Choice Voucher Program FAQ

What is the Housing Choice Voucher program? | Whom do vouchers serve? | How do vouchers work? | Who administers the voucher program? | What is the current funding level for vouchers? | What should Congress do to improve this program?

Housing Credit Program FAQ

The Low Income Housing Tax Credit (Housing Credit) is a federal tax credit created by President Reagan and Congress in the Tax Reform Act of 1986 designed to encourage private sector investment in the new construction, acquisition, and rehabilitation of rental housing affordable to low-income households. Over the last three decades, the Housing Credit has become the most successful affordable rental housing production program in history.