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

Senate LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act of 2022

This legislation, S.4181, introduced on May 11 by Senators Patrick Leahy (D-VT) and Susan Collins (R-ME), would allow state, local, territorial, and tribal governments to use Coronavirus State and Local Fiscal Recovery Funds to make long-term loans to Housing Credit developments.

Fiscal Recovery Funds Final Rule: Frequently Asked Questions

This Treasury Department document provides answers to frequently asked questions about the Coronavirus State and Local Fiscal Recovery Funds (FRF). Of particular interest to housing stakeholders are sections 1.8 (use of funds by nonprofits); 2.14 (investments in affordable housing); 2.24 (eviction prevention and housing stability); 4.2 (infrastructure costs in affordable housing); 4.9 (use of FRF for loans, including more detail on cost of the loan and revolving loan funds); 6.15 (application of Davis-Bacon Act requirements), and 13.11 (treatment of program income).

Senate Dear-Colleague Letter: HOME Investment Partnerships Program FY 2023

In April 2022, Senator Chris Coons (D-DE) circulated to his Senate colleagues this sign-on letter requesting support from the Senate Committee on Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies to increase funding for the HOME Investment Partnerships program (HOME) to at least $2.1 billion for fiscal year 2023.

Federal Banking Regulators’ May 5, 2022, Joint Notice of Proposed Rulemaking on the Community Reinvestment Act

On May 5, 2022, the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued a joint notice of proposed rulemaking amending the agencies’ Community Reinvestment Act (CRA) regulations. The proposal includes a new framework and updated metrics for measuring large banks’ CRA compliance and an expansion of banks’ CRA assessment areas to include areas where they do not have a physical location but are still active. It also seeks to define more clearly what community development activities are eligible for CRA credit, including what activities would count as supporting affordable housing.

Treasury Department Fact Sheet: State, Local, Tribal Government Investment of Fiscal Recovery Funds for Affordable Housing

This fact sheet provided by the Treasury Department presents examples of how state, local, and tribal governments are using Coronavirus State and Local Fiscal Recovery Fund resources for various affordable housing activities.

State Fiscal Recovery Funds in Action: North Carolina

The Coronavirus State and Local Fiscal Recovery Fund provides $350 billion to state, local, and tribal governments to support their response to and recovery from the COVID-19 public health emergency....

HOME Coalition Sign-On Letter: FY 2023 Funding for HOME

NCSHA, along with 788 national, state, and local organizations, sent this letter to Chair Brian Schatz (D-HI) and Ranking Member Susan Collins (R-ME) of the Senate Appropriations Subcommittee on Transportation, Housing, and Urban Development (THUD) and Chair David Price (D-NC) and Ranking Member Mario Diaz-Balart (R-FL) of the House Appropriations THUD Subcommittee to express strong support for $2.5 billion in funding for the HOME Investment Partnerships program in Fiscal Year 2023.

Third NCSHA Letter to Ginnie Mae on Delinquency Ratio Exemption Extension

NCSHA advocated to Ginnie Mae that it again extend its delinquency ratio exemption beyond its June expiration. The Ginnie Mae MBS Guide specifies the delinquency ratios on outstanding pools and loan packages below which an issuer must remain to avoid sanction.

Freddie Mac Underserved Markets Plan for 2022–24

On April 27, 2022, Freddie Mac published its approved Underserved Markets Plan for 2022–24. The plan outlines how Freddie Mac intends to fulfill its obligations under the Federal Housing Finance Agency’s Enterprise Duty-to-Serve Rule. The Duty-to-Serve Rule requires Freddie Mac and Fannie Mae to support lending for housing for very low-, low-, and moderate-income families (those earning 100 percent of area median income or below) in three underserved segments of the housing finance market: manufactured housing, affordable housing preservation, and rural areas.

Fannie Mae Underserved Markets Plan for 2022–24

On April 27, 2022, Fannie Mae published its approved Underserved Markets Plan for 2022–24. The plan outlines how Fannie Mae intends to fulfill its obligations under the Federal Housing Finance Agency’s Enterprise Duty-to-Serve Rule. The Duty-to-Serve Rule requires Fannie Mae and Freddie Mac to support lending for housing for very low-, low-, and moderate-income families (those earning 100 percent of area median income or below) in three underserved segments of the housing finance market: manufactured housing, affordable housing preservation, and rural areas.