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

NCSHA Comments on FHA Mortgagee Letter 2019-16

NCSHA, on behalf of the state Housing Finance Agencies, sent this letter to the Federal Housing Administration (FHA) regarding the agency's recent issue of the Mortgagee Letter 2019-16. The letter clarifies FHA's policy regarding documentation requirements that FHA-approved mortgagees must satisfy when originating a mortgage for a borrower using funds from another person or entity to satisfy a portion or all of the "Minimum Required Investment," as defined by FHA.

NCSHA Letter to IRS on Average Income Test Income Limits

NCSHA submitted comments to the Department of the Treasury and Internal Revenue Service urging them to provide guidance to HUD so that HUD will be able to publish area-specific income limits at the various designations allowable under the Average Income Test.

The White House Opportunity and Revitalization Council: Completed Program Targeting Actions

This document reference the Opportunity Zone tax incentive as a powerful tool meant to bring private capital to undeserved communities.

IRS Form 8996: Qualified Opportunity Fund

The IRS Form 8996 is used to clarify that a corporation or partnership is a Qualified Opportunity Fund and to annually report whether the fund met the investment standard during its tax year.

White House Fact Sheet on How Opportunity Zones Address Geographic Inequality

This document contains a White House fact sheet on addressing geographic inequality by promoting investment in opportunity zones.

Request for Information on Data Collection and Tracking for Qualified Opportunity Zones

On April 16, 2019, the Department of the Treasury (Treasury) published this Notice and Request for Information to seek public input on the development of public information collection and tracking related to investment in Qualified Opportunity Funds (QOFs).

IRS Second Set of Proposed Regulations: Investing In Qualified Opportunity Funds, April 2019

April 17, 2019, the Treasury Department released its second set of proposed regulations providing guidance on the Opportunity Zone (OZ) provisions of the Internal Revenue Service Code section 1400Z-2. The second set of proposed regulations address gains that may be deferred as a result of a taxpayer’s investment in a qualified opportunity fund (QOF), as well as special rules for an investment in a QOF helf by a taxpayer for at least 10 years.

IRS Second Quarter Update of 2018-2019 Priority Guidance Plan

On April 5, the Department of the Treasury (Treasury) and Internal Revenue Service (IRS) issued their second quarter update to the 2018-2019 Priority Guidance Plan (PGP) which sets forth guidance priorities for the Treasury and the IRS based on public input and deregulatory policies.

House Dear Colleague Letter on FY 2020 HOME Funding

The letter below, signed by 103 Members of Congress, requests support from the House Committee on Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies to restore the HOME Investment Partnerships Program (HOME) with at least $1.5 billion for fiscal year (FY) 2020.