Resources
FHA | FY 2016 Annual Report to Congress
The U.S. Department of Housing and Urban Development (HUD) today released its annual report to Congress on the financial condition of the Federal Housing Administration’s Mutual Mortgage Insurance (MMI) Fund.
NCSHA Second State Assessment Tool Comments
This letter provides NCSHA's comments on HUD's second state assessment tool.
IRS Rev. Proc. 2016-55 State LIHTC and PAB Caps
For calendar year 2017, the amount used under § 42(h)(3)(C)(ii) to calculate the State housing credit ceiling for the low-income housing credit is the greater of (1) $2.35 multiplied by the State population, or (2) $2,710,000.
H.R. 3700 Housing Opportunity Through Modernization Act of 2016
Streamlines and reforms several federal housing assistance programs.
Mortgage Bankers Association | The Affordability of Owner-Occupied Housing in the United States: Economic Perspectives
There are many conceptualizations of how to measure housing affordability and there are many affordability indexes. All measures are based on judgments of which components of housing costs should be included and judgments about when these costs should be considered excessive. This study reviews existing theory and empirical work about the affordability of owner-occupied housing.
USDA Rural Development Unnumbered Letter on Management of Unused Rental Assistance
An “Unnumbered Letter” allowing state RD offices to reallocate unused rental assistance (RA) within their states without approval from the national office, reversing a policy in place since 2013 requiring state offices to return unused RA to the national office to be recaptured.
