On August 16, HUD released a proposed revision of its Disparate Impact Rule, which implements HUD’s interpretation of the Fair Housing Act’s Discriminatory Effects Standard, to better reflect the Supreme Court’s 2015 ruling in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc (Texas DHCA v. ICP).
Below is a statement from NCSHA strongly urging Congress to amend Section 238 of the House-passed FY 2020 HUD Appropriations bill, intended to respond to discrete issues related to public housing contracts, before enacting final FY 2020 HUD spending legislation.
This document tracks the members of Congress who have cosponsored the Affordable Housing Credit Improvement Act (S. 1703/H.R. 3077) to amend the Internal Revenue Code of 1986 to reform the Low Income Housing Tax Credit.
The Affordable Housing Credit Improvement Act of 2019 (AHCIA) would make significant strides toward addressing our nation’s severe shortage of affordable housing by expanding and strengthening the Low Income Housing Tax Credit, our nation’s most successful tool for encouraging private investment in the production and preservation of affordable rental housing. The ACTION video series provides an overview of each AHCIA provision.
This document is the Staff Statement on Opportunity Zones: Federal and State Securities Law Considerations from the staffs of the Securities and Exchange Commission and the North American Securities Administrators Association, in which they provide a summary of the Opportunity Zone program that briefly discusses the program and describes the compliance implications for Opportunity Funds under federal and state securities laws.
The Opportunity Zone Fund Directory is a compilation of Opportunity Zone funding opportunities. This resource provides descriptions and contact information for publicly-announced funds that have been...
NCSHA offered an orientation webinar for the NCSHA’s State HFA Factbook in June 2019. Access the recording. If you would like a personal tour, please contact firstname.lastname@example.org.
NCSHA sent this letter to the Department of Housing and Urban Development regarding its proposed rule on the Housing and Community Development Act of 1980: Verification of Eligible Status.
NCSHA Comment Letter to IRS on Second Round of Proposed Regulations Implementing Opportunity Zone Tax Incentive
On July 1, 2019, NCSHA submitted comments to the Internal Revenue Service regarding the second tranche of IRS regulations related to implementation of the Opportunity Zone tax incentive.