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

Homeowner Assistance Fund: Guidance on Required Interim Report

The U.S. Department of the Treasury, on December 8, 2021, published guidance for Homeowner Assistance Fund-administering agencies regarding the interim report they are required to submit to Treasury by Monday, February 28, 2022.

Homeowner Assistance Fund: Frequently Asked Questions on Reporting Requirements

The U.S. Department of the Treasury, on December 8, 2021, published a Frequently Asked Questions document regarding the reporting requirements Homeowner Assistance Fund-administering agencies must adhere to.

Protect Yourself from Mortgage Relief Scams: Tips and Resources

If you are a homeowner at risk of mortgage delinquency or default, foreclosure, loss of utilities or home energy services, or displacement as a result of financial hardship experienced after January 21, 2020, significant resources are and will become available. Among them is the federal Homeowner Assistance Fund: Find out about your state’s program here. Scammers are taking advantage of homeowners during this time. Below are trustworthy sources of information and links to tips on what to watch out for as you seek help or are approached by companies or individuals offering mortgage relief assistance. Never pay a company or individual upfront for promises to help you get mortgage relief.

Recursos para la Vivienda en Español

Fondo de Asistencia al Propietario de Vivienda por Estado y Ayuda para Rentas de Emergencia

Housing Credit Nonprofit Right of First Refusal Factsheet

This document provides background on the Housing Credit nonprofit right of first refusal (ROFR) and why challenges to the ROFR are disrupting the normal investor exit process, leading to legal disputes and litigation that drain nonprofit general partners’ resources and undermine the long-term affordability and viability of Housing Credit properties.

Lessons from Eight States Regarding Factors That Have Contributed to States’ ERA1 Spending Rates

In this report prepared for NCSHA, Abt Associates examined states’ Emergency Rental Assistance spending rates and factors that have affected those rates. In July 2021, Abt interviewed ERA program staff from eight states selected to reflect programs that differed in several ways, including in geographic and population diversity, the sizes of the ERA1 allocations they received, and their ERA1 spending rates as of May 2021.

Analysis of Models for Assessing Rental Assistance Need

In this report prepared for NCSHA, Abt Associates presents an analysis of nine estimates of rental debt that were published at different times during the pandemic and compares those estimates to the congressional appropriations and allocations for the Emergency Rental Assistance Programs, ERA1 and ERA2.

Housing Credit Stakeholder Sign-On Letter to IRS, Treasury on Average Income Test

NCSHA and 32 other Housing Credit Stakeholders organizations sent this letter to the Internal Revenue Service and the U.S. Department of Treasury urging them to issue a finale rule on the Housing Credit Average Income Test (AIT) minimum set-aside considering the modifications outlined in the letter or announce their intention to publish a new proposed rule for public comment.

IRS Revenue Procedure 2021-43: Extends Safe Harbors, Provides Guidance for 4 Percent Properties

IRS Revenue Procedure 2021-43 provides safe harbors for determining whether an exempt facility bond issue that is issued after December 31, 2020, or an allocation of a housing credit dollar amount...

IRS Revenue Ruling 2021-20: 4 Percent Floor Application to Housing Credit Buildings

IRS Revenue Ruling 2021-20 provides guidance regarding whether the 4 percent applicable percentage (4 percent floor) under § 42(b)(3) of the Internal Revenue Code applies to the low-income buildings described in the revenue ruling.