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Testimony, Comments, Correspondence

NCSHA Joins Industry Letter Advocating for Homeowner Assistance Fund

On February 8, 2021, more than 350 national and local organizations, including NCSHA, sent this letter to Congressional leaders urging them to provide $25 billion in direct assistance through the Homeowner Assistance Fund to homeowners hurt by the COVID-19 pandemic. The bulk of these funds would be deployed through state housing finance agencies.

NCSHA Letter on Housing Needs in 2021 COVID-19 Relief Legislation

This February 4, 2021, NCSHA letter to congressional leadership urges them to provide $25 billion in homeownership aid and an additional $25 billion in rental assistance in the COVID-19 relief package.

NCSHA Letter to Biden Administration on Emergency Rental Assistance Program Guidance Recommendations

This January 25, 2021, letter details the recommendations NCSHA made to the Treasury Department for guidance related to the $25 billion Emergency Rental Assistance program.

NCSHA Comments to the IRS on Form 8609

On January 25, 2021, NCSHA submitted comments to the Internal Revenue Service on Form 8609 (Low Income Housing Credit Allocation and Certification). These comments suggest form revisions related to the minimum 4 percent Credit rate enacted in the Consolidated Appropriations Act of 2021, the ability of state agencies to notify IRS about carryover allocation or placed in service relief to projects, and other improvements to assist agencies in administration of the Housing Credit program.

NCSHA, Other Housing Advocacy Groups Urge Biden Administration to Support Housing Assistance Fund

On January 21, 2021, NCSHA joined a broad coalition of organizations representing the affordable housing industry in a letter to President Biden and the Departments of the Treasury, Housing and Urban Development, and Agriculture expressing unified support for the $25 billion Housing Assistance Fund to be included in the American Rescue Plan to help homeowners negatively impacted by COVID-19 pandemic.

NCSHA Statement to Trump Administration on Emergency Rental Assistance Program Guidance Recommendations

This statement, which NCSHA sent on January 8, 2021, to Trump Administrationā€™s Treasury Department officials contains NCSHAā€™s initial recommendations on the guidance grantees would need to implement the Emergency Rental Assistance program.

NCSHA Comment Letter on HUD HOTMA Proposed Rule

On January 6, 2021, NCSHA submitted this comment letter to the U.S. Department of Housing and Urban Development in response to its proposed rule that would implement changes affecting the Housing Choice Voucher tenant-based and Project-Based Voucher programs as authorized by the Housing Opportunity Through Modernization Act of 2016 (HOTMA) as well as additional regulatory changes intended to reduce the burden on public housing agencies.

NCSHA Comment Letter on IRS Housing Credit Average Income Test Proposed Rule

On December 17, 2020, NCSHA submitted this comment letter to the Internal Revenue Service in response to its proposed rule that would establish new Low Income Housing Tax Credit regulations related to the Average Income Test (AIT) minimum set-aside and modify existing regulations related to the Next Available Unit rule for purposes of implementing the AIT.

ACTION Campaign Memo to Biden-Harris Agency Review Teams

The A Call To Invest In Our Neighborhoods (ACTION) Campaign sent this letter to the Biden-Harris Transition Agency Review Teams for the Departments of the Treasury, Housing and Urban Development, and Agriculture outlining how the Biden Administration can work with ACTION to further increase affordable housing production and preservation with the Housing Credit by supporting congressional action and through regulatory changes.