Testimony, Comments, Correspondence
NCSHAโs 2024 Election Analysis
NCSHA offers this analysis of the 2024 election results.
NCSHA Comments to FHFA on Proposed Enterprise Affordable Housing Goals for 2025 โ 2027
On October 28, 2024, NCSHA submitted comments in response to the Federal Housing Finance Agencyโs proposed affordable housing goals for Fannie Mae and Freddie Mac for 2025 โ 2027. NCSHA expressed support for FHFAโs proposal to maintain strong single-family goals with added flexibility and urged the agency to increase the multifamily goal for homes affordable to low-income households.
Coalition Letter to Ways and Means Community Development Tax Team on Mortgage Insurance Premium Tax Deduction
On October 15, 2024, NCSHA joined other mortgage lending associations and consumer advocates on a letter to the House Ways and Means Committee Republican Community Development Tax Team urging them to reinstate and expand the federal tax deduction for mortgage insurance premiums.
ACTION Campaign Letter to House Ways and Means Community Development Tax Team
The ACTION Campaign, led by NCSHA and Enterprise Community Partners, submitted this letter to the House Ways and Means Committeeโs Republican Community Development Tax Team on the Affordable Housing Credit Improvement Act and the ways it would strengthen and expand the housing credit.ย
Joint Letter to Ways and Means Community Development Tax Team on Qualified Contract, Right of First Refusal Preservation Issues
NCSHA joined other affordable housing advocacy organizations on this October 15, 2024, letter to the House Ways and Means Committee Republican Community Development Tax Team on Housing Credit preservation issues related to qualified contracts and nonprofit right of first refusal.
NCSHA Comment Letter to Ways and Means Community Development Tax Team
On October 15, 2024, NCSHA submitted this letter to the House Ways and Means Committeeโs Republican Community Development Tax Team outlining NCSHAโs tax policy priorities for inclusion in legislation anticipated in the 119th Congress to address provisions of the Tax Cuts and Jobs Act of 2017 expiring at the end of 2025.ย
NCSHA Joins Letter in Support of HUD Multifamily Notice on Qualified Contract Loophole
NCSHA and several other leading affordable housing groups signed a letter to HUD providing feedback on a recently posted Housing Notice regarding the Qualified Contract loophole in the Low-Income Housing Tax Credit program
NCSHA Comments to HUD on Proposal to Mitigate Qualified Contract Loss for Properties Seeking FHA Multifamily Rental and Risk Share Insurance
NCSHA sent a letter to Federal Housing Commissioner Julia Gordon expressing support for the proposal that requires developers applying for new allocations of Low Income Housing Tax Credit authority to waive the qualified contract option for their properties as a condition for participating in the Federal Housing Administration (FHA) Multifamily Rental and Risk Share insurance programs.
NCSHA Comments to HUD on the Applicability of Buy America Requirements for FY 2024 HOME and HTF Grants
NCSHA sent a letter to the U.S. Department of Housing and Urban Development (HUD) regarding the delayed FY24 award agreements for HOME Investment Partnerships (HOME) and Housing Trust Fund (HTF) programs requestingย HOME and HTF funding to be exempted from the "Buy America" Provision (BAP) requirements due to the delay in finalizing grant agreements for these programs in the current fiscal year.
