Testimony, Comments, Correspondence
This letter, signed by 23 industry stakeholders, was sent to CFPB Director Kathy Kraninger in response to the Advance Notice of Proposed Rulemaking on the Qualified Mortgage Definition under the Truth in Lending Act (Regulation Z).
This letter is signed by members of the Community Reinvestment Act Coalition, sent to Jerome Powell, Chairman of the Federal Reserve Board of Governors; Joseph Otting, Comptroller of the Currency; and Jelena McWilliams, Chairwoman of the Federal Deposit Insurance Corporation.
The U.S. Treasury Department and the Department of Housing and Urban Development (HUD) sent to President Trump their respective proposals for reforming the housing finance system.
Below is a statement from NCSHA strongly urging Congress to amend Section 238 of the House-passed FY 2020 HUD Appropriations bill, intended to respond to discrete issues related to public housing contracts, before enacting final FY 2020 HUD spending legislation.
NCSHA sent this letter to the Department of Housing and Urban Development regarding its proposed rule on the Housing and Community Development Act of 1980: Verification of Eligible Status.
NCSHA Comment Letter to IRS on Second Round of Proposed Regulations Implementing Opportunity Zone Tax Incentive
On July 1, 2019, NCSHA submitted comments to the Internal Revenue Service regarding the second tranche of IRS regulations related to implementation of the Opportunity Zone tax incentive.
This letter, signed by NCSHA and ten other affordable housing practitioners and advocates, focuses on the importance of qualified contracts of Housing Credit properties in an effort to prevent the loss of affordable housing.
On June 20, NCSHA sent a letter to House Ways and Mean Committee Chairman Richard Neal regarding H.R. 3301, Taxpayer Certainty and Disaster Relief Act of 2019, which provides additional resources to help California communities rebuild affordable housing destroyed by recent wildfires through additional Low Income Housing Tax Credits (Housing Credits).
On June 17, NCSHA submitted recommendations to HUD Secretary Ben Carson for how HUD can use its existing authorities to promote public and private investments in affordable housing and community development activities in Opportunity Zones (OZ) and other economically distressed areas.