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

FHA Mortgagee Letter 2025-13: Updates to Claims Without Conveyance of Title Post-Foreclosure Sales Period and HUD Real Estate Owned Properties Exclusive Listing Period

On April 28, 2025, the Federal Housing Administration issued Mortgagee Letter 2025-13 revising the Claims Without Conveyance of Title (CWCOT) program and the exclusive listing period for the U.S. Department of Housing and Urban Development’s Real Estate Owned properties. The letter eliminates the previously established exclusive and extended post-foreclosure sales periods under the CWCOT program and mandates a uniform 60-day post-foreclosure sales period during which properties are available to all buyer types, including investors.

NCSHA Response to RFI on Potential Statutory Changes to the HOME Investment Partnerships Program

NCSHA sent this letter to Chairman Mike Flood and Ranking Member Emanuel Cleaver of the House Financial Services Committee Subcommittee on Housing and Insurance in response to a request for input on potential statutory changes to the HOME Investment Partnerships Program.

NCSHA Recommendations to HUD on Streamlining Program Administration, Regulations

On April 22, 2025, NCSHA sent this letter to Secretary Scott Turner at the U.S. Department of Housing and Urban Development with several recommendations to help streamline program administration, minimize delays, cut costs, and enable state housing finance agencies to manage HUD programs more effectively.

IRS Revenue Procedure 2025-18: New MRB and MCC Purchase Price Limits and Safe Harbors

On April 16, 2025, the Internal Revenue Service published Revenue Procedure 2025-18, which revises the nationwide average purchase price limits and the average area purchase price safe harbors for the Mortgage Revenue Bond (MRB) and Mortgage Credit Certificate (MCC) programs. The revenue procedure establishes the new MRB and MCC purchase price limits by taking the Federal Housing Administration single-family loan limits released in November 2024 and dividing them by .867. It also sets the national average purchase price at $540,700 for computing the housing cost/income ratio, which determines which areas qualify as high cost and are eligible for an increase in MRB/MCC income limits.

FHA Mortgagee Letter 2025-12: Tightening and Expediting Implementation of the New Permanent Loss Mitigation Options

On April 15, 2025, the Federal Housing Administration issued Mortgagee Letter 2025-12, which supersedes and updates the guidance provided in Mortgagee Letter 2025-06.

Neighborhood Homes Investment Act FAQs

This NCSHA document responds to pertinent questions regarding the Neighborhood Homes Investment Act introduced by Representatives Mike Kelly (R-PA) and John Larson (D-CT) on April 10, 2025. This bill, which is one of NCSHA’s top legislative priorities, establishes a federal tax credit targeted to the new construction or substantial rehabilitation of affordable owner-occupied housing located in distressed urban, suburban, and rural neighborhoods.

NCSHA Summary of Neighborhood Homes Investment Act

This document provides a detailed summary of the Neighborhood Homes Investment Act, which was introduced by Representatives Mike Kelly (R-PA) and John Larson (D-CT) on April 10, 2025. This bill, which is one of NCSHA’s top legislative priorities, establishes a federal tax credit targeted to the new construction or substantial rehabilitation of affordable, owner-occupied housing located in distressed urban, suburban, and rural neighborhoods.

Affordable Housing Credit Improvement Act Center

Access advocacy tools, useful links, and videos related to the Affordable Housing Credit Improvement Act. Get involved and contact NCSHA staff with questions. | Sponsored by Senators Maria Cantwell (D-WA), Todd Young (R-IN), Ron Wyden (D-OR), Johnny Isakson (R-GA) and in the Senate and Representatives Suzan DelBene (D-WA), Kenny Marchant (R-TX), Don Beyer (D-VA), and Jackie Walorski (R-IN) in the House, the Affordable Housing Credit Improvement Act of 2019 (S. 1703/H.R. 3077) would make significant strides towards addressing our nation’s severe shortage of affordable housing by expanding and strengthening the Low Income Housing Tax Credit (Housing Credit), our nation’s most successful tool for encouraging private investment in the production and preservation of affordable rental housing. This legislation would increase the supply of affordable rental housing by over 550,000 units over 10 years. #AHCIA

HUD Title I Letter 490: Revisions to Residency Requirements

The U.S. Department of Housing and Urban Development Issued Title I Letter 490 on March 26, 2025. The letter removes the eligibility for non-permanent resident aliens to obtain FHA Title I loans, updating the requirements for permanent residents in the Property Improvement and Manufactured Home Loan Programs.

FHA Mortgagee Letter 2025-09: Revisions to Residency Requirements

The U.S. Department of Housing and Urban Development has issued Mortgagee Letter 2025-09, updating residency requirements for borrowers seeking FHA-insured financing.