Resources
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.
Sign-On Letter to HUD on Build America, Buy America
NCSHA and seven other organizations sent this July 15, 2022, letter to the Department of Housing and Urban Development regarding implementation of the Build America, Buy America Act. The letter commended HUD for its work and made several recommendations.
CHCDF National Sign-On Letter in Support of Robust Funding for Affordable Housing Programs in FY 2023
On April 16, over two thousand organizations, including NCSHA, sent this letter to Congressional appropriators to advocate for HOME funding in FY 2022.
NCSHA Letter to IRS and Treasury Requesting Extensions, Expansions to Housing Credit Covid-19 Relief
This July 8, 2022 letter from NCSHA to the Internal Revenue Service and U.S. Department of the Treasury urges the agencies to extend and expand certain temporary Housing Credit relief provisions in Notice 2022-05.
Featured HAF Program: MyHomeCT
The MyHomeCT program offers relief to Connecticut homeowners that have been impacted by the COVID-19 pandemic. Visit www.chfa.org/MyHomeCT or call 877-894-4111(toll free) to see if you qualify and begin your application today!
