Resource Center

Looking for talking points or FAQs to prepare for a meeting on Capitol Hill? A copy of NCSHA’s annual Factbook? Housing research and analysis? A presentation from a recent conference to share with a colleague? A reference guide for Housing Credit, HOME, MRBs, or Section 8 program administration? You’ve come to the right place: The NCSHA Resource Center is your source for this important information and much more. Refer to the right sidebar to see resource categories or use the search bar to search resources by topic.

NCSHA Members: Looking for a specific resource from a past event or conference? Please contact us for assistance.

Emergency Housing Assistance Updates

House Housing Credit Champions’ 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 “50 percent test” 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 NCSHA’s 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. 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.

Support for NCSHA’s Letter to IRS, Treasury on Emergency Housing Credit Program Measures Due to COVID-19 Pandemic

On March 23, 2020, NCSHA sent a letter calling on the Internal Revenue Service and U.S. Department of the Treasury to take immediate steps to ease Housing Credit deadlines and provide other needed program accommodations due to social distancing during the COVID-19 pandemic. Here are three letters supporting NCSHA’s call to action.

HUD COVID-19 Guidance Providing Waivers for CDBG CARES Act Supplemental Funding

This memorandum includes the CARES Act Flexibilities for CDBG Funds Used to Support Coronavirus Response Guide, which describes the waivers and alternative requirements HUD is providing for supplemental Community Development Block Grants (CDBG-CV) made available under the CARES Act and the extent to which these waivers apply to regularly appropriated CDBG funding.

NCSHA Letter to House and Senate Leadership on HFA Priorities for Coronavirus Response

On April 7, NCSHA sent this letter to Senate Majority Leader Mitch McConnell (R-KY), House Speaker Nancy Pelosi (D-CA), Senate Minority Leader Chuck Schumer (D-NY), and House Minority Leader Kevin McCarthy (R-CA) outlining the steps Congress should take following passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to support affordable housing efforts. The letter includes recommendations for further statutory action, as well as requests for congressional support of NCSHA proposals to the Federal Reserve, U.S. Department of the Treasury, and U.S. Department of Housing and Urban Development related to implementation of provisions in the CARES Act.

Coronavirus Construction Limits: State-By-State Tracker

Currently, millions of Americans are required to stay at home to prevent the spread of the novel coronavirus that causes COVID-19. To ensure the safety and prosperity of their communities, governors and other authorities are allowing “essential” businesses to stay open. This dashboard, provided by JLC Online, tracks how states with a stay-at-home mandate classify Construction and Building Material Suppliers.

CARES Act Mortgage Forbearance: What You Need to Know

This video, available on the CFPB website along with additional consumer-focused resources, outlines important details about mortgage forbearance, which can help consumers get back on their feet during short-term financial difficulty.