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Testimony, Comments, Correspondence

NCSHA Comments on IRS Notice 2019-52

The National Council of State Housing Agencies (NCSHA) appreciates the opportunity to provide our perspectives on the Internal Revenue Service (IRS) request for comments in Notice 2019-52 regarding possible improvements to Revenue Procedures 2014-49 and 2014-50 regarding natural disasters. 

Model Compliance Forms for Housing Credit Developments

All state Housing Credit agencies require Housing Credit development owners to use specific forms in their compliance reporting. The National Council of State Housing Agencies, in collaboration with our members and stakeholders, developed Model Compliance Forms for agencies to provide to development owners and other Housing Credit industry professionals.

NCSHA Comments on CFPB ANPR on Qualified Mortgage Definition Under the Truth in Lending Act

On September 16, 2019, NCSHA submitted comments to the Director of the Consumer Financial Protection Bureau, Kathy Kraninger, on the Bureau's Advance Notice of Proposed Rulemaking on the Qualified Mortgage Definition under the Truth in Lending Act. 

QM Coalition Letter to CFPB on Qualified Mortgage Definition DTI Limit

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).

Community Reinvestment Act Coalition Letter

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.

NCSHA Summary of Treasury and HUD Housing Finance Reform Plans

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.

NCSHA Statement on Section 238 Language for FY 2020 Appropriations

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 Comment Letter on HUD Mixed-Status Proposed Rule

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.