NCSHA Letter to IRS, Treasury on Extending and Expanding COVID-19 Housing Credit Relief
On November 16, 2020, NCSHA sent this letter to the Internal Revenue Service and the U.S. Department of the Treasury urging them to extend the temporary Housing Credit relief provided by IRS Notice 2020-53 and to make other necessary program accommodations as the COVID-19 pandemic continues to disrupt development and construction activities and the operation of Housing Credit properties. One hundred and forty organizations from across the nation signed a letter in support of NCSHAās requests. Separately, the National Association of Home Builders (NAHB) sent a letter to IRS echoing NCSHAās recommendations.