Resources
NHT Right of First Refusal Toolkit
The HFA Right of First Refusal Toolkit is based on the National Housing Trust's most recent qualified allocation plan landscape analysis. This toolkit provides information on regulatory and policy actions relevant for allocating agencies, as well as recommendations to protect Property Reserves to ensure reserves are used to maintain the property and serve residents.
HUD Administrative Notice on NSPIRE
Issued by the U.S. Department of Housing and Urban Development, this notice on the National Standards for the Physical Inspection of Real Estate (NSPIRE) addresses the process and operational requirements for public housing and multifamily housing assistance programs covered by the final rule. The notice contains policies and procedures for properties participating in inspections, submitting evidence of deficiency correction, submitting technical reviews, administrative review, and other administrative requirements associated with the final NSPIRE rule.
NCSHA Comments on Payment Supplement Partial Claim Draft Mortgagee Letter
This June 30, 2023, letter provides comments to the Department of Housing and Urban Development on its draft mortgagee letter regarding the Payment Supplement Partial Claim.
NCSHA Letter to FHFA on Proposed Rule Codifying GSE Fair Housing, Equitable Housing Finance Plans Requirements
On June 26, 2023, NCSHA submitted the attached letter in support of a Federal Housing Finance Agency (FHFA) proposed rule that would codify into regulation many of FHFA’s existing policies and practices for supporting fair housing and an equitable housing finance market. The letter expresses NCSHA’s strong support for a provision in the proposed rule to codify FHFA’s directive requiring each of the GSEs to develop Equitable Housing Finance Plans that outline what efforts they intend to take over a three-year period to increase equity in housing finance and includes several provisions for improving transparency about plan implementation and evaluation.
ACTION Campaign Comments on IRS/Treasury 2023–24 Priority Guidance Plan
This June 9, 2023, letter provides the ACTION Campaign’s comments to the Internal Revenue Service and the U.S. Department of the Treasury on their Priority Guidance Plan for the period beginning July 1, 2023, through June 30, 2024.
NCSHA Comments on IRS/Treasury 2023–24 Priority Guidance Plan
This June 9, 2023, letter provides NCSHA’s comments to the Internal Revenue Service and the U.S. Department of the Treasury on their Priority Guidance Plan for the period beginning July 1, 2023, through June 30, 2024.
NCSHA Comment Letter on Title V of McKinney-Vento Homeless Assistance Act
On May 19, 2023, NCSHA submitted this letter to the U.S. Department of Housing and Urban Development on proposed regulations governing Title V of the McKinney-Vento Homeless Assistance Act.
NCSHA Comment Letter on FHFA’s RFI on Single-Family Social Bonds
On May 17, 2023, NCSHA sent this letter to the Federal Housing Finance Agency (FHFA) in response to its February 16 Request for Input on Fannie Mae and Freddie Mac’s policies toward social bonds. In the letter, NCSHA argued that the Government Sponsored Enterprises (GSEs) issuing single-family mortgage securities classified as social bonds under the framework for Environmental, Social, and Governance (ESG) securities could help to increase liquidity in the single-family market and expand access to affordable homeownership loans for working families and other underserved communities. NCSHA urged FHFA to work with the GSEs to explore issuing single-family ESG bonds and suggested HFAs would be ideal partners with the GSEs as they develop and expand ESG programs.
NCSHA Comment Letter on FHFA’s Proposed Amendments to GSE Capital Standards
On May 12, 2023, NCSHA sent this letter to the Federal Housing Finance Agency (FHFA) in response to its proposed rule modifying several provisions of the Enterprise Regulatory Capital Framework (ERCF) for Fannie Mae and Freddie Mac. NCSHA expressed strong support for a provision of the proposed rule that would reduce by 40 percent the risk multiplier for multifamily mortgages backed by properties receiving government subsidies, including the Housing Credit. NCSHA urged FHFA to consider reducing the risk multiplier further and also to apply it to properties receiving funding through the HOME Investment Partnership program and from tax-exempt multifamily housing bonds. Additionally, the letter expressed support for FHFA’s proposals to reduce the risk weighting for commingled mortgage-backed securities that contain loans guaranteed by both Fannie Mae and Freddie Mac and to change how the firms determine a home buyer’s representative credit score for the purposes of the ERCF.
