Resources
NCSHA Comments on Revisions to USDA Handbook Loss Mitigation Chapters
On April 10, 2024, NCSHA submitted comments to the U.S. Department of Agriculture on Rural Development’s (RD) proposed revisions to Chapters 17, 18 and 19 of Handbook 1-3555. While NCSHA is generally in support of the changes RD has proposed, the comments recommend RD not incorporate language that requires an increase in loan term as there could be significant negative consequences for state Mortgage Revenue Bond programs.
HOME FY25 THUD Appropriations Request
The HOME Coalition and more than 800 national, state, and local organizations sent a letter to the House and Senate THUD subcommittees to express strong support for $2.5 billion in FY25 funding for the HOME Investment Partnerships Program.
NCSHA’s Analysis of the Biden Administration’s FY 2025 Budget Request
This resource is NCSHA’s analysis of the Biden Administration’s Fiscal Year 2025 Budget Request. The $7.3 trillion budget outlines the administration’s fiscal priorities, including for U.S. Departments of Housing and Urban Development and Agriculture housing programs and several new housing programs.
Congressional Sign-On Letter: Performance-Based Contract Administration
This February 29, 2024, letter, signed by 22 members of Congress, expresses support for Section 251 of the Senate-passed Transportation, Housing, and Urban Development Appropriations Act of 2024. By directing the U.S. Department of Housing and Urban Development to use cooperative agreements when selecting new Performance-Based Contract administrators, this provision would support Project-Based Rental Assistance stakeholders, including housing finance agencies.
Project-Based Section 8 Rental Assistance FAQs
What is Project-Based Section 8 Rental Assistance? | Whom does PBRA serve? | Why is PBRA necessary? | How does PBRA work? | What is the economic impact of PBRA? | Who administers PBRA? | What is the current funding level for PBRA? | What should Congress do to improve PBRA?
Coalition Letter to Biden Administration to Extend Indefinitely Federal Financing Bank Funding for FHA Multifamily Risk-Sharing Mortgages
NCSHA and several other leading affordable housing groups signed this February 16, 2024, letter urging the Biden Administration to extend indefinitely the Federal Financing Bank (FFB) funding for FHA multifamily risk-sharing mortgages (FFB Risk-Sharing program). The FFB Risk-Sharing program provides affordable mortgage capital to housing finance agencies to help them finance the production and preservation of affordable rental housing. The program’s current authority expires October 1, 2024.
Housing Trust Fund (HTF) Allocations by State, 2016-2023
Housing Trust Fund (HTF) allocations from 2016 to 2023 listed by state.
Key Congressional Committee Rosters
NCSHA's key congressional committee rosters for the current Congress are listed.
NCSHA Comments on HUD’s Proposed Methodology Changes for Calculating Income Limits
On February 12, 2024, NCSHA submitted comments to the U.S. Department of Housing and Urban Development on proposed changes to the methodology used for calculating Section 8 income limits. In our comments, NCSHA supported the proposed changes overall but encouraged HUD to explore the impact of cost increases on project viability and consider the necessity of the adjustments in ensuring that existing and future affordable housing developments do not face undue financial burden.
