Resources
Government Finance Officers Association Report: Protecting Bonds to Build Infrastructure and Create Jobs
In January 2025, the Government Finance Officers Association updated and released new data for its report on โProtecting Bonds to Build Infrastructure and Create Jobs.โ This report examines the critical role tax-exempt municipal bonds play in funding public-sector infrastructure projects.
Government Finance Officers Association Report: Understanding Financing Options Used for Public Infrastructure
The Government Finance Officers Association released a January 2025 report on โUnderstanding Financing Options Used for Public Infrastructure.โ This report offers a comprehensive overview of tax-exempt bonds and other financing mechanisms utilized by state and local governments and entities.
House Budget Committee Options Paper
This House Budget Committee document outlines more than 200 options for changes to federal programs that would produce budgetary savings and costs over the next 10 years.
FHA Mortgagee Letter 2025-06: Updates to Servicing, Loss Mitigation, and Claims
The Federal Housing Administration issued Mortgagee Letter 2025-06 on January 16, 2025, introducing comprehensive updates to servicing, loss mitigation, and claims processes for FHA-insured Title II forward mortgage loans
2025 Rule Updating, Streamlining HOME Investment Partnerships Program
On January 6, 2025, the U.S. Department of Housing and Urban Development finalized updates to the HOME Investment Partnerships program regulations, aiming to streamline requirements, align them with other federal housing programs, and incorporate recent statutory amendments.
Treasury Department Blog Highlights Housing Credit Best Practices to Discourage Qualified Contracts and Keep Housing Affordable Longer
On December 12, 2024, the U.S. Department of Treasury published the blog post, โHousing Crisis in Focus: LIHTC Best Practices to Discourage Qualified Contracts and Keep Housing Affordable for Longer.โ The post highlights state Housing Credit agency best practices to discourage the use of qualified contracts as a means of removing the affordability restrictions from properties before the end of their extended use periods.
U.S. Treasury Department Emergency Rental Assistance Frequently Asked Questions (Updated as of March 5, 2024)
This FAQ document provides guidance regarding the Emergency Rental Assistance program enacted in the Consolidated Appropriations Act of 2021.
Model Compliance Forms for Housing Credit Developments
All state Housing Credit agencies require Housing Credit development owners and managers to use specific forms in their compliance reporting. The National Council of State Housing Agencies, in collaboration with our members and stakeholders, developed the 2024 Model Compliance Forms for Housing Credit Developments for agencies to provide to development owners, managers, and other Housing Credit industry professionals:
IRS Revenue Procedure 2024-41 (National Pool)
Revenue Procedure 2024-41 (published within Internal Revenue Bulletin 2024-47) provides the Housing Credit National Pool amounts for qualified states for calendar year 2024. Twenty-nine states received unused Housing Credit carryovers from the National Pool.

