Testimony, Comments, Correspondence

NCSHA Comments to the Department of Labor on Davis-Bacon Regulations

NCSHA submitted these comments to the Department of Labor’s Wage and Hour Division in response to its March 18 Notice of Proposed Rulemaking.

HOME Coalition Sign-On Letter: FY 2023 Funding for HOME

NCSHA, along with 788 national, state, and local organizations, sent this letter to Chair Brian Schatz (D-HI) and Ranking Member Susan Collins (R-ME) of the Senate Appropriations Subcommittee on Transportation, Housing, and Urban Development (THUD) and Chair David Price (D-NC) and Ranking Member Mario Diaz-Balart (R-FL) of the House Appropriations THUD Subcommittee to express strong support for $2.5 billion in funding for the HOME Investment Partnerships program in Fiscal Year 2023.

Third NCSHA Letter to Ginnie Mae on Delinquency Ratio Exemption Extension

NCSHA advocated to Ginnie Mae that it again extend its delinquency ratio exemption beyond its June expiration. The Ginnie Mae MBS Guide specifies the delinquency ratios on outstanding pools and loan packages below which an issuer must remain to avoid sanction.

Global Minimum Tax Sign-On Letter

This April 5, 2022, letter, signed by 30 national organizations including NCSHA, raises concerns about the potential impact of the OECD Pillar II Model Rules implementing a global minimum tax on community development financing tools, including the Housing Credit and tax-exempt bonds.

NCSHA’s Analysis of the Biden Administration’s FY 2023 Budget Request

This resource is NCSHA’s analysis of the Biden Administration’s Fiscal Year 2023 Budget Request. The $5.8 trillion budget outlines the Biden Administration’s fiscal priorities, including for U.S. Department of Housing and Urban Development and U.S. Department of Agriculture housing programs.

Senators’ Letter to Treasury on ERA 2 Reallocation Policy

A bipartisan group of 12 Senators led by Joe Manchin (D-WV) and Shelley Moore Capito (R-WV) sent this March 23 letter to the Treasury Department requesting that every state and locality that has a plan to expend their ERA 2 funding by the statutory deadline in 2025 should have access to the full funding levels initially allocated by Congress.

State, Local Government and Housing Industry Sign-On Letter to Congressional Leaders on Using Fiscal Recovery Funds with the Housing Credit

This February 28 letter urges congressional leaders to amend the underlying statute of the Coronavirus State and Local Fiscal Recovery Fund to facilitate its use with the Housing Credit.

HOME Coalition Letter Supporting Maximum HOME Funding in Final FY22 Appropriations Bill

THOME Coalition sent a letter to leaders of the House and Senate Appropriations Subcommittees on Transportation, Housing and Urban Development (THUD) urging them to devote the maximum amount possible for the HOME program in a final FY 2022 appropriations bill. The letter supports the $1.85 billion for the HOME program that was included in the THUD appropriations bill passed by the House of Representatives in July 2021.

NCSHA Letter to Treasury on ERA Reporting Process

This letter outlines NCSHA’s concerns with the process for reporting to Treasury on the Emergency Rental Assistance (ERA) program. It urges Treasury to fix technology problems with its reporting portal, streamline reporting requirements, and provide technical assistance to ERA grantees.