Resources
NCSHA-Led Sign-on Letter to HUD on Improvements to HOME Guidance
This letter, signed by NCSHA and 20 other organizations involved in the HOME Coalition, makes recommendations to HUD on how it should improve and modernize HOME program regulations and other guidance. The letter is in response to the Administration’s commitment in its Housing Supply Action Plan to consider improvements to HOME.
Organizations Endorsing the LIFELINE Act
The listed organizations and businesses support the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act, S. 4181/H.R. 7078.
NCSHA Request for Extension of HAPSS Comment Deadline
On August 11, NCSHA submitted comments to the Department of Housing and Urban Development in response to its Request for Information on Housing Assistance Payments Contract Support Services (HAPSS), formerly known as the Performance-Based Contract Administrator (PBCA) program. In its letter, NCSHA requested HUD allow at least a 90-day comment period for stakeholders to respond; the current comment period is only 30 days after publication.
Treasury Webinar on State and Local Fiscal Recovery Funds for Affordable Housing Production and Preservation
On August 11, 2022, the Treasury Department hosted a webinar on State and Local Fiscal Recovery Funds guidance for housing production and preservation. The guidance increases flexibility to use recovery funds to fully finance long-term affordable housing loans and expands presumptively eligible uses to further maximize the availability of recovery funds for affordable housing.
NCSHA Comments on Banking Regulators’ May 2022 Joint Notice of Proposed Rulemaking on CRA Regulations
On August 5, 2022, NCSHA submitted the attached comment letter to the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Federal Reserve on their May 2022 joint notice of proposed rulemaking amending the agencies’ Community Reinvestment Act (CRA) regulations. The letter discusses CRA’s importance in catalyzing bank financing and investments for affordable housing and other crucial community development needs, particularly Housing Credit and Housing Bonds.
ACTION Campaign Comments on CRA
On August 5, 2022, the ACTION Campaign, led by NCSHA and Enterprise Community Partners, submitted comments to the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Federal Reserve System on the joint notice of proposed rulemaking to strengthen and modernize the regulation of the Community Reinvestment Act (CRA).
Featured HAF Program: Kansas Homeowner Assistance Fund
The Kansas Homeowner Assistance Fund (KHAF) program helps qualifying Kansan homeowners financially impacted by the COVID pandemic get current on their mortgages and property taxes and avoid foreclosure.
FHA and Ginnie Mae Request Input on Title I Manufactured Housing Programs
On July 27, 2022, FHA and Ginnie Mae jointly released a Request for Input (RFI) on their Title I Manufactured Housing Programs. Under Title I, FHA insures loans made by approved institutions for the purchase of manufactured homes and/or lots, and Ginnie Mae permits the securitization of such loans. The RFI seeks specific input on the current manufactured housing environment, the FHA Title I Manufactured Housing Program features, as well as Ginnie Mae’s Manufactured Housing Program. Responses are due September 26, 2022.
NCSHA Testimony: Senate Hearing on the Role of Tax Incentives in Affordable Housing
Oregon Housing and Community Services Director Andrea Bell testified on behalf of NCSHA at a Senate Finance Committee hearing on the role of tax incentives in affordable housing. Bell told the committee the Housing Credit and tax-exempt private activity Housing Bonds are the most important production tools available to state HFAs to finance affordable rental housing and help low- and moderate-income families become home buyers.
