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Testimony, Comments, Correspondence

Why Congress Should Provide a Substantial, One-Time Increase in HOME Program Funding in Response to the COVID-19 Pandemic

This document provides talking points that HFAs and their partners can use to advocate for supplemental HOME funding to assist in the COVID-19 response.

Why Congress Should Enact the Housing Assistance Fund

This document provides talking points that HFAs and their partners can use to advocate for the enactment of the Housing Assistance Fund.

National Sign-On Letter in Support of Emergency Rental Assistance and Rental Market Stabilization Act

On May 6, 2020, 115 national organizations, including NCSHA, sent this letter to House and Senate leaders in support of legislation that would provide $100 billion in emergency rental assistance through the Emergency Solutions Grant program to respond to rental housing needs due to the COVID-19 pandemic.

HOME Coalition Letter to Congressional Leadership in Support of HOME Resources in Coronavirus Response Legislation

On May 6, members of the HOME Coalition, which NCSHA chairs, sent this letter to congressional leadership, urging Congress to provide additional resources for HOME in the next coronavirus response legislation.

Quantifying the Needs for and Benefits of the Housing Assistance Fund

This memorandum provides NCSHAโ€™s analysis of the impending need for mortgage assistance to prevent homeowner defaults and foreclosures due to the COVID-19 pandemic.

Why Congress Should Enact Housing Credit Program Enhancements Related to the COVID-19 Pandemic

This document provides talking points HFAs and their partners can use to advocate for enhancement to the Housing Credit program needed in response to the COVID-19 pandemic, specifically setting a minimum 4 percent credit rate for bond-financed Housing Credit properties, lowering the โ€œ50 percent test,โ€ and why members of Congress should weigh in with IRS to expedite Housing Credit COVID-19 guidance.ย 

NCSHA, Other Housing Advocacy Groups Support Emergency Rental Assistance Legislation

NCSHA joined more than 43 national, local, and business organizations in signing a coalition letter to congressional leaders expressing unified support for legislation to provide emergency rental assistance to tenants negatively affected by the COVID-19 pandemic and laying out principles to guide the development of such legislation.

Real Estate Industry Letters to Federal Agencies on COVID-19, Servicer Liquidity

On March 27 and April 7, respectively, National Association of REALTORS (NAR) President Vince Malta and NARโ€™s Mortgage Group sent letters to Treasury Secretary Steven Mnuchin, Federal Reserve Board Chair Jerome Powell, and Federal Housing Finance Agency Director Mark Calabria calling on them to maintain market liquidity and stability in light of growing forbearance requests and COVID-19โ€™s impact on mortgage markets.

State Housing Finance Agency Federal Policy Priorities in Response to COVID-19

This memorandum summarizes NCSHAโ€™s federal policy agenda related to the COVID-19 crisis on behalf of its member state housing finance agencies (HFAs), as of April 28, 2020. The first section summarizes our top legislative priorities for forthcoming fiscal stimulus legislation. The second section summarizes our priorities for federal policy and regulatory action.