Testimony, Comments, Correspondence
Sign-On Letter to Appropriations Leaders in Support of FY 2022 Housing Voucher Funding
This August 23, 2021, letter was sent by NCSHA and other housing and healthcare advocacy groups to the chairs and ranking members of the Senate Appropriations Committee and THUD Appropriations Subcommittee in support of funding the Housing Choice Voucher program at the level requested by President Biden for fiscal year 2022.
NCSHA Letters to IRS and Treasury on Extending Housing Credit COVID-19 Relief
On August 13, 2021, NCSHA sent this letter to the Internal Revenue Service and the U.S. Department of the Treasury urging them to extend certain temporary Housing Credit relief provisions in IRS Notice 2021-12 as the COVID-19 pandemic continues to disrupt development and construction activities and the operation of Housing Credit properties. On October 15, 2021, NCSHA sent Treasury and IRS a follow-up letter providing further clarity and illustrative examples of our recommendations.
NCSHA Comment Letter to Ginnie Mae on Proposed New Eligibility Requirements for Single-Family Issuers
On August 9, 2021, NCSHA submitted this comment letter in response to Ginnie Maeās Request for Input on proposed new eligibility requirements for issuers of Ginnie Mae single-family mortgage-backed securities. In its comments, NCSHA expresses strong concerns that the proposed new standards will be burdensome for HFAs and other mission-driven entities, making it harder for them to utilize Ginnie Mae securities to support their affordable homeownership programs. NCSHA asks Ginnie Mae to rescind the proposed requirements, to develop instead new standards through an open and comprehensive rule-making process, and to consider alternative requirements for HFAs.
NCSHA Comment Letter on FHA Mortgagee Letter 2021-15
On July 23, 2021, NCSHA sent this letter to the U.S. Department of Housing and Urban Development detailing the impact of its Federal Housing Administration Mortgagee Letter 2021-15, specifically the Advance Loan Modification requirement, on state HFA mortgage revenue bond programs and operations.
NCSHA, COSCDA Letter to Congressional Housing Leaders on Housing Trust Fund Recommendations
On July 29, 2021, NCSHA and the Council of State Community Development Agencies jointly sent this letter to the leadership of the Senate Banking Committee, Housing Financial Services Committee, and House and Senate Appropriations Committees urging programmatic reforms to the Housing Trust Fund program in light of a possible infrastructure funding increase.
NCSHA, Housing Policy Council Letter to Treasury on the Homeowner Assistance Fund
On July 27, 2021, NCSHA and the Housing Policy Council sent this letter urging the U.S. Department of Treasury to publish its long-awaited Homeowner Assistance Fund (HAF) program guidance and application templates for states to submit their required HAF program plans.
CHCDF Letter on FY 2022 Housing and Community Development Program Appropriations
This July 23, 2021, letter signed by NCSHA and other Steering Committee members of the Campaign for Housing and Community Development Funding urges Congress to enact the highest possible funding for housing and community development programs for fiscal year 2022.
ACTION Campaign Letter to Congress Urging Enactment of AHCIA in Infrastructure, Economic Recovery Package
On July 22, 2021, NCSHA and 24 other members of the A Call To Invest in Our Communities (ACTION) Campaign Steering Committee sent this letter to congressional leadership urging Congress to enact the Affordable Housing Credit Improvement Act as part of any future infrastructure and economic recovery package.
NCSHA Comment Letter on Treasury Interim Final Rule on Coronavirus State and Local Fiscal Recovery Funds
This July 16, 2021, NCSHA letter urges the Treasury Department to modify its May 17 Interim Final Rule to allow grantees to use State and Local Fiscal Recovery Funds to develop and support affordable housing in more geographic areas and for a broader range of activities to use FRF for operating assistance, and to use repayments of FRF funds for similar affordable housing purposes.
