Resources
NCSHA Summary of Homeowner Assistance Fund
This summary provides the details of the Homeowner Assistance Fund included in the American Rescue Plan Act, enacted on March 11, 2021.
State Housing Finance Agencies: At the Center of the Affordable Housing System
The coronavirus pandemic has caused unique hardships for millions of homeowners and renters across the country. As federal and state governments implement policies and programs to help struggling Americans stay in their homes, state housing finance agencies have become more important than at any other time in their history to the system’s ability to make affordable housing available in America. This report highlights how.
NCSHA Comment Letter Asks FHFA to Address Racial Justice, HFA Lending in Affordable Housing Goals
On February 28, 2021, NCSHA provided these comments to the Federal Housing Finance Agency (FHFA) in response to its Advanced Notice of Proposed Rulemaking on Enterprise Housing Goals, urging FHFA to establish robust goals that push Fannie Mae and Freddie Mac (the Enterprises) to do as much responsible affordable lending as possible and to serve underserved markets better. In the letter, NCSHA also recommends that FHFA encourage the Enterprises to increase lending to people of color and address impediments to increased Enterprise support for HFA affordable housing lending.
NCSHA Letter to IRS, Treasury Urges Guidance on Implementing Minimum 4 Percent Rate, Disaster Housing Credits
In this February 26, 2021, letter, NCSHA urged the Internal Revenue Service and the U.S. Department of the Treasury to provide guidance on implementation of the minimum 4 percent Housing Credit rate and supplemental disaster Housing Credit authority, both enacted under the Consolidated Appropriations Act of 2021. The letter also urged revision of various IRS forms to facilitate reporting of both provisions.
Featured ERA Program: Alaska Housing Rent Relief
Alaska Housing Rent Relief provides up to 12 months of rent and/or utility relief to eligible Alaskans unable to pay rent and utilities due to the COVID-19 pandemic. Even if you’ve received rent relief from AHFC in the past, you can apply to this new program. There are also resources available for landlords and homeowners.
HUD Mortgagee Letter 2021-05
On February 16, HUD published, with immediate effect, Mortgagee Letter 2021-05. ML 2021-05 extends the foreclosure and eviction moratoriums for FHA-insured mortgages until June 30, 2021, in addition...
NCSHA Comments to the Federal Reserve Board on Its Community Reinvestment Act Rulemaking Notice
On February 16, 2021, NCSHA sent this letter providing comments to the Federal Reserve System Board of Governors on its Notice of Proposed Rulemaking on Community Reinvestment Act regulations.
Virginia: State Emergency Rental Assistance
Links to State Emergency Housing Assistance programs available in Virginia.
HUD Memorandum on Fair Housing Act Enforcement to Bar Sexual Orientation, Gender Identity Discrimination
On February 11, 2021, the U.S. Department of Housing and Urban Development's Office of Fair Housing and Equal Opportunity issued this memorandum stating that HUD interprets the Fair Housing Act to bar discrimination on the basis of sexual orientation and gender identity and directing HUD offices and recipients of HUD funds to enforce the act accordingly.
