Resources
NCSHA Comments to HUD on Modernizing the Delivery of Housing Counseling Services
On December 20, 2023, NCSHA sent comments to the U.S. Department of Housing and Urban Development in response to a request for comment on the Proposed Rule, "Modernizing the Delivery of Housing Counseling Services," published on November 1, 2023.
AHCIA Co-Lead Letter to House Leadership
This December 15, 2023, letter was sent to Speaker of the House Mike Johnson and House Minority Leader Hakeem Jeffries by the lead sponsors of the Affordable Housing Credit Improvement Act, urging...
NCSHA Comments to HUD on Draft Payment Supplement Mortgagee Letter 2023-XX
On December 12, 2023, NCSHA sent these comments to the Assistant Secretary for Housing/Federal Housing Commissioner in response to the DRAFT Mortgagee Letter 2023-XX, Payment Supplement.
Treasury Department Interim Final Rule to Amend ‘Obligation’ in SLFRF Regulations
On November 20, 2023, the Treasury Department issued an interim final rule to amend the definition of ’obligation’ set forth in Coronavirus State and Local Fiscal Recovery Fund (SLFRF) regulations and to give additional flexibility and clarity to recipients to support their use of SLFRF funds. The rule does not alter the eligible use categories described in the 2022 SLFRF final rule or the 2023 interim final rule and does not alter existing SLFRF obligation or expenditure deadlines. Recipients must obligate SLFRF funds by December 31, 2024, and expend obligated funds by December 31, 2026.
Workforce Housing Tax Credit Act
This legislation would enact a Middle-Income Housing Tax Credit to incentivize private-sector investment in rental housing for households earning between 60 and 100 percent of area median income. The...
Protected: December 7 | Members-Only Webinar: Recent IRS Housing Credit Form Revisions
December 7, 2023 webinar with IRS to discuss recent changes to IRS Form 8823 (Low Income Housing Credit Report of Noncompliance), including barcode scanning capability and plans for electronic transmission in 2024.
NCSHA Letter to Treasury, HUD, DOJ, and IRS on VAWA Enforcement Guidance
On December 6, 2023, NCSHA sent this letter to the Secretaries of Treasury and HUD, the Attorney General, and the IRS Commissioner urging them to enter into a Memorandum of Understanding to facilitate the implementation of guidance on application of the Violence Against Women Act to the Housing Credit program.
NCSHA Comments to FHFA on Modified GSE Duty-to-Serve Plans
On December 6, 2023, NSHA submitted the attached commented letter in response to a Federal Housing Finance Agency (FHFA) request for input on changes Fannie Mae and Freddie Mac proposed to their Duty-to-Serve Underserved Market Plans. The letter conveys opposition to Freddie Mac’s proposal to reduce equity purchase goal for 2023. NCSHA also expresses concerns about other downward revisions that both firms propose to various loan and investment goals for 2023.
NCSHA Letter to HUD, Treasury on Federal Financing Bank – Federal Housing Administration Multifamily Loan Risk-Sharing Program
On December 1, 2023, NCSHA sent this letter urging the Secretaries of the U.S. Departments of Treasury and Housing and Urban Development to make the Federal Financing Bank (FFB) – Federal Housing Administration (FHA) Multifamily Loan Risk-Sharing Program permanent or to extend the program for as long as possible.
