NCSHA Letter to HUD on FHA Proposed 40-Year Loan Modification
On October 29, 2021, NCSHA sent this letter to the U.S. Department of Housing and Urban Development (HUD) to discuss the negative impact that the Federal Housing Administration proposed 40-year loan modification would have on the state HFA Mortgage Revenue Bond programs and request that HUD either exempt state HFAs from this requirement or permit them to request and be granted a waiver.
