Testimony, Comments, Correspondence
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 NCSHA’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 “50 percent test,” and why members of Congress should weigh in with IRS to expedite Housing Credit COVID-19 guidance.
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 NAR’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-19’s impact on mortgage markets.
State Housing Finance Agency Federal Policy Priorities in Response to COVID-19
This memorandum summarizes NCSHA’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.
April 27 FHFA Letter to Industry Groups on COVID-19 Liquidity
Federal Housing Finance Agency (FHFA) Director Mark Calabria sent this letter describing actions FHFA has taken in response to the COVID-19 crisis and commenting on his views regarding possible further FHFA actions to address mortgage servicers’ and other real estate companies’ liquidity concerns.
CHCDF Letter on Future Coronavirus Relief Legislation
NCSHA co-signed this April 23 Campaign for Housing and Community Development Funding (CHCDF) letter urging congressional leadership to include resources for affordable housing and community development programs in future coronavirus relief legislation.
Support for NCSHA’s Letter to IRS, Treasury on Emergency Housing Credit Program Measures Due to COVID-19 Pandemic
On March 23, 2020, NCSHA sent a letter calling on the Internal Revenue Service and U.S. Department of the Treasury to take immediate steps to ease Housing Credit deadlines and provide other needed program accommodations due to social distancing during the COVID-19 pandemic. Here are three letters supporting NCSHA’s call to action.
